NOT LISTED FOR SALE

Estimated Value: $830,000 - $1,528,000

3 Beds
2 Baths
2,552 Sq Ft
$444/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $934,000 $366 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,215/month

59 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Porch
  • 0.52 Acre Lot
  • Bamboo Flooring
  • 2 Car Attached Garage

About This Home

As of October 2017

A fabulous location with amazing views. You are within a three-block walking distance to more than a dozen restaurants, boutiques, a drug store and a supermarket. The Walnut Street walking bridge joining ten miles of the Riverwalk is only a few feet from your doorstep. Late afternoons preparing dinner you will watch paddleboarders, rowers and fishermen on the river below you. The secured garage has space for your paddleboard or kayak and the sidewalks on the surrounding streets offer flat or a challenging hilly experience for the walker or biker. Local Marathons, Triathlons and Iron Man events happen on the street and river below you. Major downtown fireworks initiate two blocks away and make it feel like they are happening in your side yard. Large heavy insulated glass windows offer commanding views and good acoustical isolation from standard city street noise. To the South is the Tennessee River with its bluffs and The Hunter Museum. The backdrop is the City and Lookout Mountain. To the West is Racoon Mountain and beautiful sunsets. Two separate covered decks. One is adjacent to the kitchen and includes a high quality natural gas grille and ample space to grow herbs and flowers. The larger covered deck faces South and West with grand views of the mountains and the setting sun. The kitchen is designed for cooks with high grade appliances and many built-in convenience features in the cabinets. The home entertainment system includes speakers in seven rooms that can be chosen selectively or collectively. All your CD's can be loaded to your computer and played on the speaker system through the built-in Sonos hardware and your smart phone. The entertainment system also allows you to control and schedule your thermostat remotely from anywhere. The system includes a 46" Sony 3-D HD TV in a concealed cabinet, amplifier, speaker selection system, Sonos access to your CD's and radio stations and a high speed wireless modem.

Last Agent to Sell the Property

Darlene Brown

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4235950943 License #221532 Listed on: 07/14/2017

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,704

Year Built

  • Built in 2011

Lot Details

  • 0.52 Acre Lot

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,552 Sq Ft Home
  • Property has 1 Level
  • Elevator
  • ENERGY STAR Qualified Windows
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Gas Grill
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • The Terrace At Frazier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135E E 012 C401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,704

Year Built

Built in 2011

Lot Details

0

HOA Fees

$588 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Contemporary
  • Year Built: 2011
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4235950943
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, High Ceilings, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Flooring: Bamboo/Cork, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 2552
  • Building Area Units: Square Feet
  • Living Area: 2552
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Gas Grill, Garage Door Opener
  • Construction Type: Stucco, Other, Brick
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Other
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: 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: 588
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.52
  • Lot Size Units: Acres
  • Parcel #: 135E E 012 C401
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 9704

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

Closed on
Jul 22, 2020
Sold by
Lutey Philip Andrew and Lutey Lori Ann
Bought by
Lutey Philip A and Lutey Lori A
Current Estimated Value
$1,132,189

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 18, 2017
Sold by
Wilkerson William H and Wilkerson Jo Ann
Bought by
Lutey Philip Andrew and Lutey Lori Ann
Seller's Agent
Darlene Brown
Real Estate Partners Chattanooga, LLC
List Price
$975,000
Sold Price
$934,000
Premium/Discount to List
-$41,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
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
Lutey Philip A -- None Available
Lutey Philip Andrew $934,000 Jones Raulston Title Ins Agc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $934,000 -4.2% $366 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $975,000 -- $382 / 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 $5,645 $252,325 $0 $0
2023 $5,645 $252,325 $0 $0
2022 $5,645 $252,325 $0 $0
2021 $5,645 $252,325 $0 $0
2020 $5,698 $206,050 $0 $0
2019 $5,698 $206,050 $0 $0
2018 $4,818 $206,050 $0 $0
2017 $5,698 $206,050 $0 $0
2016 $5,288 $0 $0 $0
2015 $9,820 $0 $0 $0
2014 $9,820 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2415257

Realtracs

APN: 135E-E-012-C401