NOT LISTED FOR SALE

3322 Parker Ln Chattanooga, TN 37419

Lookout Valley Neighborhood

Estimated Value: $200,591 - $234,000

-- Bed
2 Baths
1,224 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $162,500 $133 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,229/month

49 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Brick Exterior Construction
  • Open Floorplan
  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of February 2022

Great opportunity Investors! Three units, one bedroom on bath each, with Basement garage.



** Seller is requesting Highest and best offer by 01/24/2022 at 11:59 PM **



**make statement your offer is highest and best **



All offers must be submitted by the buyer's agent using the online offer management. Access the system via the link below. Property is being sold as is.

Note if property becomes a multiple offer situation you will be notified.

Offers must provide Source of funds letter.



Offer link to property: http://www.spsreo.com

Last Agent to Sell the Property

Barbara Hawkins

TAG Realty License #265874 Listed on: 12/10/2021

Last Buyer's Agent

Barbara Hawkins

TAG Realty License #265874 Listed on: 12/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1951

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75x292
  • Gentle Sloping Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof
  • Stone

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Parking

  • Garage
  • 1 Carport Space
  • Basement Garage

Schools

  • Lookout Valley Elementary School
  • Lookout Valley Middle School
  • Lookout Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Space Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 154b C 033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 75X292
  • Subdivision Name: None
  • Directions: I24 to Tiftonia exit turn right off exit then turn left on Mountain View at stop sign go left property will be on the right sign in yard
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1224.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1951
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 154b C 033
  • Location Tax and Legal Elementary School: Lookout Valley Elementary
  • Location Tax and Legal High School: Lookout Valley High
  • Location Tax and Legal:Tax Annual Amount: 987.01
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Dimensions: 75X292
  • 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
  • General Property Information Carport Spaces2: 1.0
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Lookout Valley Middle
  • Foundation Details Block2: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Levels:One and One Half: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Unit 3 Living Room5: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone, Other
  • Foundation Details: Block
  • Roof: Metal
  • Construction Materials:Brick: Yes
  • Lot Features:Gentle Sloping: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Space Heater
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Space Heater: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Lookout Valley Elementary
  • High School: Lookout Valley High
  • Middle Or Junior School: Lookout Valley Middle

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 154b C 033
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 987.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 17, 2022
Sold by
Towd Point Mortgage Trust
Bought by
Tennessee 1 Properties Llc
Seller's Agent
Barbara Hawkins
TAG Realty
Buyer's Agent
Barbara Hawkins
TAG Realty
List Price
$174,900
Sold Price
$162,500
Premium/Discount to List
-$12,400
-7.09%
Current Estimated Value
$213,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,898
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Aug 23, 2021
Sold by
Bruce Terry R
Bought by
U S Bank National Association and Towd Point Mortgage Trust 2019 3

Purchase Details

Closed on
Aug 17, 2006
Sold by
Cavin Jimmy Lee and Cavin Emilie M
Bought by
Bruce Terry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tennessee 1 Properties Llc $162,500 Servicelink
U S Bank National Association $86,569 None Available
Bruce Terry R $85,000 Warranty Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennessee 1 Properties Llc $140,000
Closed Tennessee 1 Properties Llc $600,000
Previous Owner Bruce Terry R $85,000
Previous Owner Cavin Jimmy L $84,000
Previous Owner Cavin Jimmy L $10,000
Previous Owner Cavin Jimmy L $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $162,500 -7.1% $133 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $174,900 -- $143 / 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 $902 $40,320 $0 $0
2023 $564 $25,200 $0 $0
2022 $564 $25,200 $0 $0
2021 $564 $25,200 $0 $0
2020 $541 $19,575 $0 $0
2019 $541 $19,575 $0 $0
2018 $572 $19,575 $0 $0
2017 $541 $19,575 $0 $0
2016 $492 $0 $0 $0
2015 $1,018 $17,800 $0 $0
2014 $1,018 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Hawkins

    TAG Realty

    (423) 595-9307

    2 in this area

    19 Total Sales

    Barbara Hawkins
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1347283

Greater Chattanooga REALTORS®

APN: 154B-C-033

Tennessee Hamilton County Chattanooga 37419 Lookout Valley

3322 Parker Ln, Chattanooga, TN

This home is located at 3322 Parker Ln, Chattanooga, TN 37419 since 10 December 2021 and is currently estimated at $213,398, approximately $174 per square foot. This property was built in 1951. 3322 Parker Ln is a home located in Hamilton County with nearby schools including Lookout Valley Elementary School, Lookout Valley Middle/High School, and Chattanooga Christian School.

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