NOT LISTED FOR SALE

Estimated Value: $481,000 - $581,000

2 Beds
1 Bath
1,036 Sq Ft
$513/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2020

Last sale price $325,000 $314 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,244 / mo

179 Days on Market

Highlights

  • 0.52 Acre Lot
  • Deck
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • High Ceiling

About This Home

As of December 2020

This ''designer'' condo is nestled in the heart of Chattanooga's NorthShore and showcases the best in quality design, finishes and lifestyle. Furnished with a mid-century modern theme, the single floor residence boasts light maple floors, space saving features, abundant natural light, architectural details and Italian design. The living area is equipped with a recessed niche and open shelves perfect for TV, books or collectibles and flows into the dining room ideal for accommodating and entertaining guests. The kitchen is streamlined in a gallery style with custom white acrylic cabinets and open shelving paired with gray quartz countertops and stainless steel appliances. Across from the kitchen, a window seat is tucked into a cozy breakfast nook. Just steps from the breakfast nook, a French door flanked by large insulated windows leads to a western-facing balcony. A large closet connects the master bedroom to the bath. The sizable room has pocket doors, houses a stacked washer and dryer and pull down ladder for additional "attic" storage. The bathroom features a custom-designed gray vanity, ivory quartz countertop and walk-in shower with a mosaic of Carrara marble and gray glass tiles. An additional bedroom/office behind pocket door completes the interior. Living on the NorthShore offers walkability to the finest restaurants, shops, spas and upscale groceries. Enjoy music and movie events across the street from your residence at Coolidge Park and bike rides or evening strolls on the historical Walnut Street Pedestrian Bridge. Venture into Downtown on the free Electric Shuttle that runs round trip from your home. Privacy and security are key at The Terrace. An owner's card key is required to access your residential floor and the secure gated garage. One private parking space conveys with the home and additional secure parking is available. A tele-camera entry system gives convenient access to your residence for guests as well as guest parking being plentiful.

Last Agent to Sell the Property

Cindy Hannah

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233220860 License #327387 Listed on: 05/18/2020

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Melissa Dorn

Greater Downtown Realty dba Keller Williams Realty License #287025

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2012

Lot Details

  • 22,651 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Property has 1 Level
  • Elevator
  • Open Floorplan
  • High Ceiling
  • ENERGY STAR Qualified Windows

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Air Filtration System
  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • The Terrace At Frazier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135E E 012 C310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,557

Year Built

Built in 2012

Lot Details

0.52 Acres

HOA Fees

$257 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 2012
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s), Intercom, Air Filter, Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Microwave, Freezer, Dryer, Disposal, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1036
  • Building Area Units: Square Feet
  • Living Area: 1036
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Other, Brick
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 257
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Tankless Water Heater, Thermostat, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.52
  • Lot Size Units: Acres
  • Parcel #: 135E E 012 C310
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3557

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Dec 17, 2020
Sold by
Simonsen Henrik and Simonsen Tamara
Bought by
Barnick James L and Barnick Sandra E
Seller's Agent
Cindy Hannah
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Melissa Dorn
Greater Downtown Realty dba Keller Williams Realty
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Current Estimated Value
$531,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,169
Avg. Annual Appreciation
9.64%
Original Mortgage
$282,500
Outstanding Balance
$237,700
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$293,469

Purchase Details

Closed on
Oct 19, 2012
Sold by
Corner Properties Inc
Bought by
Simonsen Henrick and Simonsen Tamata G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,165
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnick James L $325,000 First Choice Title Inc
Simonsen Henrick $224,629 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnick James L $282,500
Previous Owner Simonsen Henrick $202,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $325,000 -1.2% $314 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $329,000 -- $318 / 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 $2,046 $135,000 $0 $0
2024 $1,823 $81,475 $0 $0
2023 $1,823 $81,475 $0 $0
2022 $1,823 $81,475 $0 $0
2021 $1,823 $81,475 $0 $0
2020 $1,951 $70,550 $0 $0
2019 $1,951 $70,550 $0 $0
2018 $1,733 $70,550 $0 $0
2017 $1,951 $70,550 $0 $0
2016 $1,555 $0 $0 $0
2015 $2,968 $0 $0 $0
2014 $2,968 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421722

Realtracs

APN: 135E-E-012-C310

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