NOT LISTED FOR SALE

328 Pine Ridge Rd Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $401,000

Studio
3 Baths
3,200 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2019

Last sale price $250,000 $78 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,178 / mo

13 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

As of December 2019

Have you dreamed of having a home that you can live in, and it makes you money at the same time? If so, this home is for you. Welcome to 328 Pine Ridge Rd. in the highly sought after North Shore area. You and your potential guests will enjoy being so close to everything that Chattanooga has to offer. This property at one time was used as a triplex but was later converted into a duplex. Unit 1 is currently is currently occupied. It features 2 bedrooms and 1 bathroom with a big deck area on the back. Walking down from this unit you will find what used to be the third living area. It is a studio area that would be perfect for guests, crafts, and anything else you so desire. Unit 2 has been stripped so you can put your finishing touches on it. It at one time was 2nd bedroom but one bedroom was later taken out to make one big master area. If you are looking for an investment property, home for yourself, or both and don't want to pay the North Shore price you MUST come see this home. There is an additional lot next door that can be added at an additional price. Agent only notes: Seller will have a survey prior to closing splitting the property if buyer chooses not to buy the additional lot. Additional lot is not included in the listing price.

Last Agent to Sell the Property

Drew Carey

EXP Realty LLC Brokerage Phone: 4236183739 License #327119 Listed on: 09/13/2019

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1965

Lot Details

  • 7,013

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Chatt Investment Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135C J 004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,009

Year Built

Built in 1965

Lot Details

7,013 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1965
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 3200
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: -
  • Lot Size Units: Acres
  • Parcel #: 135C J 004
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2009

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Dec 23, 2019
Sold by
Bonds Allison E
Bought by
Fridsma Jonathan Tenny
Seller's Agent
Drew Carey
EXP Realty LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,000
Avg. Annual Appreciation
7.69%
Original Mortgage
$245,396
Outstanding Balance
$213,056
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$187,944
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fridsma Jonathan Tenny $250,000 Northshore Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fridsma Jonathan Tenny $245,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $250,000 0.0% $78 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $250,000 -- $78 / Sq Ft
Source: Realtracs

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 $474 $31,250 $0 $0
2024 $333 $14,875 $0 $0
2023 $333 $14,875 $0 $0
2022 $333 $14,875 $0 $0
2021 $333 $14,875 $0 $0
2020 $346 $51,800 $0 $0
2019 $1,432 $51,800 $0 $0
2018 $2,014 $82,880 $0 $0
2017 $2,292 $82,880 $0 $0
2016 $1,095 $0 $0 $0
2015 $2,125 $39,600 $0 $0
2014 $2,125 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Carey

    Seller's Agent in 2019

    Drew Carey

    EXP Realty LLC

    (423) 618-3739

    4 in this area

    1,153 Total Sales

    Drew Carey
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Map

Source: Realtracs

MLS Number: 2725130

Realtracs

APN: 135C-J-004

Tennessee Hamilton County Chattanooga 37405 Northshore

328 Pine Ridge Rd, Chattanooga, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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