NOT LISTED FOR SALE

Estimated Value: $326,000 - $433,000

3 Beds
2 Baths
1,993 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $157,500 $79 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,097/month

17 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Granite Countertops
  • Deck
  • Whirlpool Bathtub
  • No HOA

About This Home

As of October 2018

3 Bedroom 2 Bath home in Derby Downs. Great Location! Home features large kitchen, living room, and master suite. Sold As Is. All bids should be submitted at www.xome.com (void where prohibited). Please submit any pre-auction offers received through the property details page on Xome.com ''Make Offer'' button. All pre-event or post event offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & conditions (minimums will apply).

Last Agent to Sell the Property

Michael Bishop

Bishop Realty LLC License #290878 Listed on: 08/21/2018

Co-Listed By

Patricia Corcoran

Xome Inc License #325242

Last Buyer's Agent

Natalie Henson

Keller Williams Realty License #329006

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1998

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 41.40x42.67
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Utility Room
  • Basement
  • Crawl Space

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Bess T. Shepherd Elementary School
  • Tyner Middle Academy
  • Tyner Academy High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Derby Downs Phase Ii Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 138e A 017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,270

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 41.40X42.67
  • Co List Office Mls Id: 17014
  • Co List Office Phone: 214-687-4508
  • Subdivision Name: Derby Downs Phase Ii
  • Directions: From I-75 take Shallowford Rd to Hickory Valley Rd. Turn Right. Left on Derby Downs Dr. Home on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1993.0
  • New Construction: No
  • Year Built: 1998
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 138e A 017
  • Location Tax and Legal Elementary School: Bess T. Shepherd Elementary
  • Location Tax and Legal Middle Or Junior School2: Tyner Middle Academy
  • Location Tax and Legal High School: Tyner Academy
  • Location Tax and Legal:Tax Annual Amount: 2270.25
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Dimensions: 41.40X42.67
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Remarks and Miscellaneous Public Remarks2: 3 Bedroom 2 Bath home in Derby Downs. Great Location! Home features large kitchen, living room, and master suite. Sold As Is. All bids should be submitted at www.xome.com (void where prohibited). Please submit any pre-auction offers received through the property details page on Xome.com ''Make Offer'' button. All pre-event or post event offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & conditions (minimums will apply).
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Auctioneer License: 5947
  • Brick and Stone Features All Brick: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: En Suite, Entrance Foyer, Granite Counters, Open Floorplan, Separate Shower, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Lot Features: Level, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Bess T. Shepherd Elementary
  • High School: Tyner Academy
  • Middle Or Junior School: Tyner Middle Academy

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Additional Parcels: No
  • Parcel #: 138e A 017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2270.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 7, 2018
Sold by
U S Bank N A
Bought by
Chang Johnny Young Jong
Seller's Agent
Michael Bishop
Bishop Realty LLC
Buyer's Agent
Natalie Henson
Keller Williams Realty
List Price
$179,500
Sold Price
$157,500
Premium/Discount to List
-$22,000
-12.26%
Current Estimated Value
$374,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,500
Avg. Annual Appreciation
12.58%
Original Mortgage
$565,000
Outstanding Balance
$488,630
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$114,630

Purchase Details

Closed on
Jun 12, 2018
Sold by
Clark Phillip Michael
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 8, 2004
Sold by
Thomason Michael L
Bought by
Clark Phillip and Clark Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1999
Sold by
Amsouth Bank
Bought by
Thomason Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Jordan Ventures Lp
Bought by
Amsouth Bank

Purchase Details

Closed on
Jun 10, 1997
Sold by
Kendall Estate Homes Inc
Bought by
Jordan Ventures Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,200
Interest Rate
8.01%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chang Johnny Young Jong $157,500 Skw Title Co Llc
U S Bank National Association $116,424 None Available
Clark Phillip $129,850 Transcontinental Title Co
Thomason Michael L $120,000 Pioneer Title Agency Inc
Amsouth Bank $98,000 --
Jordan Ventures Lp $24,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Johnny Young Jong $565,000
Previous Owner Clark Phillip $135,000
Previous Owner Thomason Michael L $114,000
Previous Owner Jordan Ventures Lp $134,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $157,500 -12.3% $79 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $179,500 -- $90 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,343 $88,600 $0 $0
2024 $1,290 $57,675 $0 $0
2023 $1,290 $57,675 $0 $0
2022 $1,290 $57,675 $0 $0
2021 $1,290 $57,675 $0 $0
2020 $1,245 $45,025 $0 $0
2019 $1,245 $45,025 $0 $0
2018 $1,152 $45,025 $0 $0
2017 $1,245 $45,025 $0 $0
2016 $1,200 $0 $0 $0
2015 $2,317 $43,400 $0 $0
2014 $2,317 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1286813

Greater Chattanooga REALTORS®

APN: 138E-A-017