NOT LISTED FOR SALE

Estimated Value: $121,000 - $160,000

3 Beds
1 Bath
1,226 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $16,000 $13 Per Sq Ft

Est. 798% increase in value since last sale

Current estimated payment $778/month

61 Days on Market

Highlights

  • No HOA
  • Wood Frame Window
  • 1-Story Property
  • Formal Dining Room
  • Living Room
  • 1 Car Garage

About This Home

As of January 2016

Investment property near I-24. Well-maintained street. TLC needed for this 3 bedroom with living room and separate dining. As-Is sale. Buyer to verify schools and other MLS information that may be important to them.

Last Agent to Sell the Property

Larry Tankersley

Chattanooga Real Estate Co License #240678 Listed on: 10/28/2015

Last Buyer's Agent

Randy Shelley

First Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,960 Sq Ft Lot
  • Lot Dimensions are 48x145
  • Level Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room
  • Formal Dining Room
  • Carpet
  • Basement
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Montagues Addn #5 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 156o A 011
  • $8,875 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 48X145
  • Subdivision Name: Montagues Addn #5
  • Directions: I-24 EXIT 4TH AVE, LEFT ON 4TH TO RIGHT ON 31ST ST, RIGHT ON 3RD AVE, HOUSE ON LEFT.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1226.0
  • New Construction: No
  • Year Built: 1925
  • Location Tax and Legal Parcel Number2: 156o A 011
  • 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: 450.34
  • 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: 0.16
  • General Property Information Lot Size Square Feet2: 6960.0
  • General Property Information Lot Size Dimensions: 48X145
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Investment property near I-24. Well-maintained street. TLC needed for this 3 bedroom with living room and separate dining. As-Is sale. Buyer to verify schools and other MLS information that may be important to them.
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Flooring:Carpet: Yes
  • Roof Asphalt5: Yes
  • Levels:One: Yes
  • Interior Features Separate Dining Room: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 8875.0
  • Utilities:Sewer Available: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Cooling:None5: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Separate Dining Room
  • Window Features: Wood Frames
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: None
  • Roof: Asphalt
  • Exterior Features:None8: Yes
  • Lot Features:Level: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • 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: 6960.0
  • Additional Parcels: No
  • Parcel #: 156o A 011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 450.34
  • Tax Other Annual Assessment Amount: 8875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Leach Eileen Matilda
Bought by
Perez-Salas Marleny Kelly
Current Estimated Value
$143,609

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 15, 2016
Sold by
Zion Miliki Investments Llc
Bought by
Leach Sherman
Seller's Agent
Larry Tankersley
Chattanooga Real Estate Co
Buyer's Agent
Randy Shelley
First Property Management
List Price
$25,900
Sold Price
$16,000
Premium/Discount to List
-$9,900
-38.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.51%

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 13, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Zion Miliki Investments Llc
Seller's Agent
Larry Tankersley
Chattanooga Real Estate Co
Buyer's Agent
Randy Shelley
First Property Management
List Price
$25,900
Sold Price
$16,000
Premium/Discount to List
-$9,900
-38.22%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Mcdonald Sharon
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Mar 5, 2007
Sold by
Phillips Ken and Phillips Commander M
Bought by
Mcdonald Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
9.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2006
Sold by
Ard Ronald W
Bought by
Commander M C and Phillips Ken
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
Perez-Salas Marleny Kelly $110,000 --
Leach Sherman $2,000 None Available
Zion Miliki Investments Llc $16,000 None Available
Bayview Loan Servicing Llc $30,555 None Available
Mcdonald Sharon $70,000 A-1 Title & Escrow
Commander M C $27,000 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Sharon $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $16,000 -38.2% $13 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $25,900 -- $21 / 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
2025 $327 $21,575 $0 $0
2024 $241 $10,775 $0 $0
2023 $241 $10,775 $0 $0
2022 $241 $10,775 $0 $0
2021 $241 $10,775 $0 $0
2020 $232 $8,375 $0 $0
2019 $232 $8,375 $0 $0
2018 $317 $8,375 $0 $0
2017 $232 $8,375 $0 $0
2016 $245 $0 $0 $0
2015 $566 $8,875 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1236621

Greater Chattanooga REALTORS®

APN: 156O-A-011