$37,000
SOLD APR 14, 2016

3504 Lamar Ave Chattanooga, TN 37415

4 Beds
1.5 Baths
1,600 Sq Ft
0.34 Acres

Recently Sold

$23 Per Sq Ft

53% Below List Price

127 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Porch
  • Ceiling Fan

About This Home

As of November 2020

Two Story HUD Home in Red Bank. Home has 4 bedrooms plus 1.5 bath. Eat-in Kitchen + Separate Living Room. Full unfinished basement. HUD Homes are sold in ''as-is'' condition, so buyers are advised to perform all desired inspections and to verify ALL listing information independently, including school zones. Insured with Escrow(IE)of $3,850 required for FHA financing, subject to new FHA appraisal. Additional information on this home is available on-line at www.HUDHomestore.com. For more information about buying a HUD Home, visit www.HUDPemco.com. ALL BIDS MUST BE PLACED ON-LINE BY A HUD REGISTERED REAL ESTATE AGENT/BROKER. HUD Case #481-237086. Water cannot be turned on for any inspections - See PCR and other documents attached to this MLS listing. No keys will be given to buyer or agents. Availability of home is subject to the Asset Manager accepting a bid from an earlier bid period or removing the home from the market. Property is currently available to All bidders (including Investors).

Last Agent to Sell the Property

Raymond Warren

UpwardRealty.com License #016166 Listed on: 11/12/2015

Last Buyer's Agent

Brian Kelly

Real Broker License #258290

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • Sloped Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Storage In Attic
  • Walk-In Attic

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laurel Hgts Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 117d C 011

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 75X200
  • Subdivision Name: Laurel Hgts
  • Directions: From Corridor J, take Morrison Springs Exit and go toward Red Bank. Take first right onto Lamar Avenue. House will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1600.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 117d C 011
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1189.29
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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 Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Dimensions: 75X200
  • 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:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Flooring:Linoleum: Yes
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Linoleum
  • Interior Amenities: Ceiling Fan(s), Connected Shared Bathroom, Open Floorplan
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Sloped, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Split Possible: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 117d C 011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1189.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 17, 2020
Sold by
Ohara Jonathon D and Houts Rebecca E
Bought by
Summa Residential Llc
Seller's Agent
Elizabeth Bowden
Crye-Leike, REALTORS
Buyer's Agent
Joan Rose
Coldwell Banker Pryor Realty
List Price
$244,900
Sold Price
$216,000
Premium/Discount to List
-$28,900
-11.8%
Current Estimated Value
$332,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,656
Avg. Annual Appreciation
9.52%
Original Mortgage
$162,000
Outstanding Balance
$146,117
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$186,539

Purchase Details

Listed on
Oct 21, 2017
Closed on
Dec 15, 2017
Sold by
Dean Paul J and Dean Balley O
Bought by
Hara Jonathan D O and Jouts Rebecca E
Seller's Agent
Sean Smith
Horizon Sotheby's International Realty
Buyer's Agent
Ruth Reynolds
RE/MAX Renaissance Realtors
List Price
$165,000
Sold Price
$167,500
Premium/Discount to List
$2,500
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$159,125
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 7, 2016
Sold by
Heaton Jason
Bought by
Dean Paul J and Dean Bailey O
Seller's Agent
Brian Kelly
REAL Broker
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%
Original Mortgage
$105,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Lane James D and Lane Brandy D
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 27, 2003
Sold by
Everhart Sharron A
Bought by
Lane James D and Lane Brandy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,171
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1995
Bought by
Everhart Sharron A
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 Type Sale Price Title Company
Warranty Deed $216,000 None Available
Warranty Deed $167,500 None Available
Warranty Deed $135,000 Realty Center Title & Escrow
Trustee Deed $83,669 None Available
Warranty Deed $92,900 First American Title Ins Co
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,000 Commercial
Previous Owner $159,125 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $25,134 Unknown
Previous Owner $19,374 Unknown
Previous Owner $13,099 Unknown
Previous Owner $92,171 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $216,000 -11.8% $135 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $244,900 +46.2% $153 / Sq Ft
12/18/2017 12/18/17 Sold $167,500 +1.5% $105 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $165,000 +22.2% $103 / Sq Ft
12/07/2016 12/07/16 Sold $135,000 +0.1% $84 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
11/05/2016 11/05/16 For Sale $134,900 +264.6% $84 / Sq Ft
04/14/2016 04/14/16 Sold $37,000 -53.1% $23 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $78,850 -- $49 / 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 $1,009 $45,100 $0 $0
2023 $1,832 $45,100 $0 $0
2022 $1,545 $45,100 $0 $0
2021 $1,737 $45,100 $0 $0
2020 $1,511 $30,875 $0 $0
2019 $1,511 $30,875 $0 $0
2018 $1,511 $30,875 $0 $0
2017 $1,447 $30,875 $0 $0
2016 $1,417 $0 $0 $0
2015 $1,417 $28,900 $0 $0
2014 $1,417 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1237381

Greater Chattanooga REALTORS®

APN: 117D-C-011