NOT LISTED FOR SALE

287 Cherry St Chattanooga, TN 37403

Arts District Neighborhood

Estimated Value: $1,402,757 - $1,799,000

3 Beds
3.5 Baths
3,800 Sq Ft
$423/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $700,000 $184 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $9,353/month

439 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • High Ceiling
  • Deck
  • Whirlpool Bathtub
  • 4-minute walk to Amphitheatre Under The Walking Bridge

About This Home

As of February 2012

LEASE OPTION AND OWNER FINANCING AVAILABLE. ALL BRICK QUALITY CONSTRUCTED CHERRY STREET TOWNHOMES. 3 BEDROOMS, 3.5 BATHS, GOURMET KITCHEN PACKAGE WITH BOSCH APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL HARDWOOD FLOORS. PRIVATE BACK PORCH AND ROOF TOP DECK. ELEVATOR MAKES IT EASY TO ENTERTAIN ON YOUR 4th LEVEL PATIO OVERLOOKING DOWNTOWN CHATTANOOGA.

Last Agent to Sell the Property

Darlene Brown

Real Estate Partners Chattanooga LLC License #221532 Listed on: 11/13/2010

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Linda Brock

Horizon Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,996

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 23.03x133
  • Fenced
  • Gentle Sloping Lot

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • 3-Story Property
  • Brick Exterior Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 3,800 Sq Ft Home
  • Elevator
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Accessible Home Design

  • Enhanced Accessible Features

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Brown Academy Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 135M A 013.03
  • $233,750 per year additional tax assessments

Community Details

Overview

  • Cherry St Townhomes Subdivision

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,996

Year Built

Built in 2005

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 23.03X133
  • Subdivision Name: Cherry St Townhomes
  • Directions: FROM DOWNTOWN, NORTH ON MARKET STREET TOWARD RIVER, RIGHT ON 2nd STREET, RIGHT ON CHERRY STREET.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Tri-Level
  • Living Area: 3800.0
  • New Construction: No
  • Structure Type: Free Standing Building, Townhouse
  • Year Built: 2005
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 135M A 013.03
  • Location Tax and Legal Elementary School: Brown Academy
  • Location Tax and Legal Middle Or Junior School2: Orchard Knob Middle
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 10996.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: Yes
  • 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 Dimensions: 23.03X133
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Wall Oven: Yes
  • Fencing Fenced: Yes
  • Structure Type Townhouse: Yes
  • Levels Three Or More: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 233750.0
  • Interior Features Sitting Area: Yes
  • Interior Features Split Bedrooms2: Yes
  • Levels Tri-Level: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Refrigerator, Microwave, Gas Range, Electric Water Heater, Disposal, Dishwasher
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Double Vanity, Eat-in Kitchen, Elevator, High Ceilings, Pantry, Plumbed, Separate Dining Room, Separate Shower, Sitting Area, Split Bedrooms, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Sloped
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 170.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Brown Academy
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Parcel #: 135M A 013.03

Tax Info

  • Tax Annual Amount: 10996.0
  • Tax Other Annual Assessment Amount: 233750.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2017
Sold by
Potluri Padma
Bought by
Potluri Prabhu and The Prabhu Potluri Revocable Trust
Current Estimated Value
$1,606,189

Purchase Details

Listed on
Nov 13, 2010
Closed on
Feb 2, 2012
Sold by
Tackett Arnold
Bought by
Potluri Prabhu and Potluri Padma
Seller's Agent
Darlene Brown
Real Estate Partners Chattanooga LLC
Buyer's Agent
Linda Brock
Horizon Sotheby's International Realty
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Nov 13, 2006
Sold by
Justin Walter and Justin Marianne G
Bought by
Finley Lyle and Tackett Arnold

Purchase Details

Closed on
Nov 10, 2005
Sold by
Cherry Street Llc
Bought by
Justin Walter and Justin Marianne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Potluri Prabhu -- None Available
Potluri Prabhu $700,000 First Choice Title Inc
Finley Lyle $900,000 None Available
Justin Walter $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Justin Walter $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2012 02/08/12 Sold $700,000 -17.6% $184 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
11/12/2010 11/12/10 For Sale $850,000 -- $224 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $5,178 $231,425 $0 $0
2023 $5,178 $231,425 $0 $0
2022 $5,178 $231,425 $0 $0
2021 $5,178 $231,425 $0 $0
2020 $6,229 $225,250 $0 $0
2019 $6,229 $225,250 $0 $0
2018 $5,255 $225,250 $0 $0
2017 $6,229 $225,250 $0 $0
2016 $5,288 $0 $0 $0
2015 $9,820 $191,250 $0 $0
2014 $9,820 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darlene Brown

    Real Estate Partners Chattanooga LLC

    (423) 595-0943

    2 in this area

    132 Total Sales

    Section Image

  • L

    Buyer's Agent in 2012

    Linda Brock

    Horizon Sotheby's International Realty

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1155503

Greater Chattanooga REALTORS®

APN: 135M-A-013.03

Tennessee Hamilton County Chattanooga 37402 Arts District

287 Cherry St, Chattanooga, TN

This home is located at 287 Cherry St, Chattanooga, TN 37403 since 13 November 2010 and is currently estimated at $1,606,189, approximately $422 per square foot. This property was built in 2005. 287 Cherry St is a home located in Hamilton County with nearby schools including Tommie F. Brown International Academy, IB World School, Orchard Knob Middle School, and The Howard School.

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