NOT LISTED FOR SALE

Estimated Value: $202,000 - $417,000

3 Beds
3 Baths
2,223 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $75,500 $34 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,505/month

240 Days on Market

Highlights

  • No HOA
  • Porch
  • Eat-In Kitchen
  • Formal Dining Room
  • 1 Car Attached Garage
  • 5-minute walk to East Lake Community Center

About This Home

As of May 2012

Great house for the investor or move in condition for a family. First floor has 2 bedrooms, 2 full baths, large kitchen, office, dining, living room and laundry room. Basement level has an apartment for additional income and a mother-in-law suite that could be an additional apartment for even more income. House sits on two lots and is a corner lot.

Last Agent to Sell the Property

Tim Kendrick

United Real Estate Experts License #282698 Listed on: 08/13/2011

United Real Estate Experts

Last Buyer's Agent

Tucker Pennington

RE/MAX Renaissance Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,223 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Porch

Schools

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

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • East Lake Mission Ridge Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 168B M 010

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100X150
  • Subdivision Name: East Lake Mission Ridge
  • Directions: South on Dodds Ave. Left on 35th Street (Goodwill) House on left. House faces 12th Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2223.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1955
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 168B M 010
  • Location Tax and Legal Elementary School: East Lake 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: 890.0
  • 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 Dimensions: 100X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Interior Features Separate Dining Room: Yes
  • Foundation Details BrickMortar: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs, Separate Dining Room, Tub/shower Combo, Walk-In Closet(s)
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Living Room2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 168B M 010

Tax Info

  • Tax Annual Amount: 890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2011
Closed on
May 18, 2012
Sold by
Kendrick V Derwood and Smith Nina K
Bought by
Lane Micheal Ray and Lane Bethany J
Seller's Agent
Tim Kendrick
United Real Estate Experts
Buyer's Agent
Tucker Pennington
RE/MAX Renaissance Realtors
List Price
$124,900
Sold Price
$75,500
Premium/Discount to List
-$49,400
-39.55%
Current Estimated Value
$266,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,614
Avg. Annual Appreciation
8.52%
Original Mortgage
$74,132
Interest Rate
3.75%
Mortgage Type
FHA
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
Lane Micheal Ray $75,500 Title Guaranty & Trust Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Micheal Ray $69,714
Previous Owner Lane Micheal Ray $74,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $75,500 -39.6% $34 / Sq Ft
04/08/2012 04/08/12 Pending -- -- --
08/12/2011 08/12/11 For Sale $124,900 -- $56 / 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 $572 $25,550 $0 $0
2023 $572 $25,550 $0 $0
2022 $572 $25,550 $0 $0
2021 $572 $25,550 $0 $0
2020 $523 $18,900 $0 $0
2019 $523 $18,900 $0 $0
2018 $557 $18,900 $0 $0
2017 $523 $18,900 $0 $0
2016 $523 $0 $0 $0
2015 $1,074 $18,900 $0 $0
2014 $1,074 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1167415

Greater Chattanooga REALTORS®

APN: 168B-M-010