NOT LISTED FOR SALE

Estimated Value: $177,000 - $198,000

2 Beds
1 Bath
975 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $128,500 $132 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,054/month

25 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Central Heating
  • No HOA
  • Patio
  • Level Lot

About This Home

As of September 2021

INVESTMENT OPPORTUNITY- A short drive from downtown Chattanooga, this conveniently located home has been updated and is ready for its new owner(s)! There is a bonus room/loft area which would make a great 3rd bedroom, office, or playroom. The backyard is level, partially fenced in and offers a 2 car carport, storage building, and above ground pool with wrap around deck, a great place to entertain! **Home is being sold as-is** Roof, HVAC, Hot Water Heater, Windows (Energy Efficient), Plumbing and Electrical have all been updated within the past several years. Carpet in living room and bdrms has been replaced (not captured in photos). **Tenant Occupied. Please do not disturb tenants. Contact listing agent for additional information.** Conveniently located close to I-75 and minutes from shopping, dining and downtown! Don't miss this great investment opportunity. Buyer is responsible to do their due diligence to verify that all information is correct. Agent has personal interest.

Last Agent to Sell the Property

David Arnold

Greater Chattanooga Realty, Keller Williams Realty License #353961 Listed on: 07/10/2021

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

David Arnold

Greater Chattanooga Realty, Keller Williams Realty License #353961 Listed on: 07/10/2021

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 975 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Hamilton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157N C 008

Home Details

Home Type

Single Family

Est. Annual Taxes

$942

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 975
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size: 50X150
  • Lot Size Units: Acres
  • Parcel #: 157N C 008
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 942

MLS Schools

  • Elementary School: Spring Creek Elementary School
  • High School: East Ridge High School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 27, 2021
Sold by
Arnold David and Love Jody
Bought by
Lightspeed Properties Llc
Seller's Agent
David Arnold
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
David Arnold
Greater Chattanooga Realty, Keller Williams Realty
List Price
$134,900
Sold Price
$128,500
Premium/Discount to List
-$6,400
-4.74%
Current Estimated Value
$186,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,639
Avg. Annual Appreciation
9.65%
Original Mortgage
$8,000,000
Outstanding Balance
$7,358,283
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$7,172,364

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 24, 2021
Sold by
Arnold Stephanie
Bought by
Arnold David and Love Jody
Seller's Agent
David Arnold
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
David Arnold
Greater Chattanooga Realty, Keller Williams Realty
List Price
$134,900
Sold Price
$128,500
Premium/Discount to List
-$6,400
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Outstanding Balance
$7,358,283
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$7,172,364

Purchase Details

Closed on
Aug 29, 2008
Sold by
Arnold David
Bought by
Arnold David and Hancock Jody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,913
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Federal National Mortgage Association
Bought by
Arnold David and Arnold Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2006
Sold by
Wilson Donna L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 26, 2004
Sold by
Medlin Scottie Dale and Medlin Rebecca Annette
Bought by
Wilson Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1998
Sold by
Carver Alvin L and June Betty
Bought by
Medlin Scottie Dale and Medlin Rebecca Annette
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lightspeed Properties Llc -- Bridge City Title Downtown
Radar A Se1 Llc $128,500 Bridge City Title Downtown
Arnold David -- Bridge City Title
Arnold David -- A-1 Title & Escrow Inc
Arnold David $58,650 None Available
Federal National Mortgage Association -- None Available
Wilson Donna L $79,900 First American Title Ins Co
Medlin Scottie Dale $16,638 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radar A Se1 Llc $1,407,250
Open Radar A Sei Llc $8,000,000
Previous Owner Arnold David $66,108
Previous Owner Arnold David $69,913
Previous Owner Arnold David $25,000
Previous Owner Arnold David $58,650
Previous Owner Wilson Donna L $79,800
Previous Owner Wilson Donna L $79,900
Previous Owner Medlin Scottie D $63,800
Previous Owner Medlin Scottie Dale $18,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $128,500 -4.7% $132 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $134,900 -- $138 / Sq Ft
Source: Realtracs

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 $570 $25,475 $0 $0
2023 $570 $25,475 $0 $0
2022 $570 $25,475 $0 $0
2021 $570 $25,475 $0 $0
2020 $516 $18,675 $0 $0
2019 $516 $18,675 $0 $0
2018 $552 $18,675 $0 $0
2017 $516 $18,675 $0 $0
2016 $473 $0 $0 $0
2015 $983 $17,100 $0 $0
2014 $983 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2336407

Realtracs

APN: 157N-C-008