NOT LISTED FOR SALE

Estimated Value: $77,000 - $163,000

2 Beds
1.5 Baths
1,040 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $62,000 $60 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $637/month

7 Days on Market

Highlights

  • Open Floorplan
  • Home Office
  • Bathtub with Shower
  • No HOA
  • Porch
  • Living Room

About This Home

As of June 2022

SELLER HAS RECEIVED MULTIPLE OFFERS.
HIGHEST AND BEST OFFERS ARE DUE BY 5PM ON WEDNESDAY MAY 11TH.
Attention Investors! Two bedroom - one and a half bath home that could easily be turned into a three bedroom - two bath home. Very convenient location in the middle of East Lake, within minutes of I-24 and Downtown Chattanooga. This property could be a great addition to your portfolio as a rental or flip. Hurry and make your appointment today as this one will not last long!

Last Agent to Sell the Property

Nate Durham

Chattanooga Real Estate Group LLC Listed on: 05/05/2022

Co-Listed By

Aaron Kennedy

Chattanooga Real Estate Group LLC License #365102

Last Buyer's Agent

Kurt Olson

Keller Williams Realty License #349955

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Aluminum Window Frames
  • Living Room
  • Dining Room
  • Home Office
  • Basement
  • Crawl Space
  • No Kitchen Appliances

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Schools

  • Clifton Hills Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 156o C 046

Home Details

Home Type

Single Family

Est. Annual Taxes

$405

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 50x125
  • Co List Office Mls Id: 17399
  • Co List Office Phone: 423-226-2726
  • Subdivision Name: None
  • Directions: North on Rossville Blvd, right on E 28th Street, right on 5th Ave, home on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1040.0
  • New Construction: No
  • Year Built: 1948
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156o C 046
  • Location Tax and Legal Elementary School: Clifton Hills Elementary
  • Location Tax and Legal Middle Or Junior School2: East Lake Academy of Fine Arts
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 405.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 0.14
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Dimensions: 50x125
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Flooring:Linoleum: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Open Floorplan, Tub/shower Combo
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Appraiser
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:None2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Clifton Hills Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Additional Parcels: No
  • Parcel #: 156o C 046
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 7, 2022
Sold by
Cascade Funding Mortgage Trust
Bought by
Escalante German Perez
Seller's Agent
Nate Durham
Chattanooga Real Estate Group LLC
Buyer's Agent
Kurt Olson
Keller Williams Realty
List Price
$52,000
Sold Price
$62,000
Premium/Discount to List
$10,000
19.23%
Current Estimated Value
$114,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,051
Avg. Annual Appreciation
18.04%

Purchase Details

Closed on
Jun 19, 2007
Sold by
Allen Irma L
Bought by
Fowler Marva L

Purchase Details

Closed on
Nov 8, 2005
Sold by
Allen Malcom E
Bought by
Allen Irma L
Source: Public Records

Range of Values:

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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
Escalante German Perez $62,000 Knable Matthew
Fowler Marva L -- None Available
Allen Irma L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fowler Marva L $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $62,000 +19.2% $60 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $52,000 -- $50 / 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 $202 $9,025 $0 $0
2023 $202 $9,025 $0 $0
2022 $202 $9,025 $0 $0
2021 $202 $9,025 $0 $0
2020 $217 $7,850 $0 $0
2019 $217 $7,850 $0 $0
2018 $305 $7,850 $0 $0
2017 $217 $7,850 $0 $0
2016 $230 $0 $0 $0
2015 $421 $8,300 $0 $0
2014 $421 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1354608

Greater Chattanooga REALTORS®

APN: 156O-C-046