NOT LISTED FOR SALE

3516 Lamar Ave Chattanooga, TN 37415

Estimated Value: $266,000 - $295,000

2 Beds
2 Baths
998 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $280,000 $281 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,714/month

7 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Cooling Available
  • Wood Flooring
  • Attached Garage
  • Central Heating

About This Home

As of May 2022

As you enter through the front door you are immediately drawn into a magical fairy tale.. It's clear that you have not stepped into a house but a home. A home brought to life with all the love, care, attention to detail and intentionality that you could possibly hope for. Let your imagination run wild as you curl up by the glowing embers of the wood burning stove in the depths of winter to read your latest book or enjoy hosting your friends for dinner, gathered around the dining room table playing board games late into the night or maybe relaxing in the antique claw foot tub in the master bedroom after a long day at work sipping on a glass of wine with moonlight streaming through the skylight. 3516 Lamar Ave has been fully renovated with some majestic finishes throughout. It's a woodworkers dream; from the Mahogany steps and deck on the front porch to Cedar siding and ceilings, custom cabinetry and finished off by the breathtaking White Oak hardwood floors throughout the entire house. This home boasts new windows and doors, a new roof, new plumbing and electric and has been newly insulated. This home is only 10 minutes to downtown and is located in the ever growing and desirable suburb of Red Bank. You do not want to miss the unique opportunity to own this gorgeous, dreamly cottage and continue writing it's story! Book your showing today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 64 x 126

Parking

  • Attached Garage

Interior Spaces

  • 998 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Laurel Hill Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108M E 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 998
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.17
  • Lot Size: 64 x 126
  • Lot Size Units: Acres
  • Parcel #: 108M E 018
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1065

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 6, 2022
Sold by
Nelson Daniel J
Bought by
Allen Malcolm Connor and Allen Courtney Leighann
List Price
$240,000
Sold Price
$280,000
Premium/Discount to List
$40,000
16.67%
Current Estimated Value
$303,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,515
Avg. Annual Appreciation
0.21%
Original Mortgage
$271,600
Outstanding Balance
$258,795
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$23,102

Purchase Details

Closed on
Jul 9, 2021
Sold by
Nelson Jeffrey C
Bought by
Nelson Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Gdp Properties Llc
Bought by
Nelson Jeffrey C

Purchase Details

Closed on
Jun 27, 2019
Sold by
Sims Odell and Sims Cathy L
Bought by
Gdp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2010
Sold by
Aslinger Gary
Bought by
Sims Odell and Sims Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
5.58%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2009
Sold by
Secretary Of Veterans Affairs
Bought by
Aslinger Gary

Purchase Details

Closed on
Feb 11, 2008
Sold by
Cruz Sherlyn and Cruz Gilberto
Bought by
Va

Purchase Details

Closed on
Dec 23, 1997
Sold by
Heiss William R and Heiss Pauline G
Bought by
Cruz Gilberto R and Cruz Sherlyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.23%
Mortgage Type
VA

Purchase Details

Closed on
Apr 7, 1997
Sold by
Conley Nelda B
Bought by
Heiss William R and Heiss Pauline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.69%
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
Allen Malcolm Connor $280,000 Cumberland Title & Guaranty
Nelson Daniel J $175,000 Foundation T&E Llc
Nelson Jeffrey C $75,000 Admiral Title Inc
Gdp Properties Llc $58,500 Reli Settlement Sln Llc
Sims Odell $80,000 A 1 Title & Escrow Inc
Aslinger Gary $24,700 Northgate Title Escrow Inc
Va $47,150 None Available
Cruz Gilberto R $62,500 Pioneer Title Agency Inc
Heiss William R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Malcolm Connor $271,600
Previous Owner Nelson Daniel J $122,000
Previous Owner Gdp Properties Llc $55,300
Previous Owner Sims Odell $78,551
Previous Owner Cruz Gilberto R $63,750
Previous Owner Heiss William R $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $280,000 +16.7% $281 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $240,000 -- $240 / 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 $618 $27,625 $0 $0
2023 $1,149 $27,625 $0 $0
2022 $962 $27,625 $0 $0
2021 $1,154 $27,625 $0 $0
2020 $1,065 $20,150 $0 $0
2019 $1,065 $20,150 $0 $0
2018 $1,065 $20,150 $0 $0
2017 $1,023 $20,150 $0 $0
2016 $1,000 $0 $0 $0
2015 $1,000 $18,750 $0 $0
2014 $1,000 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2718983

Realtracs

APN: 108M-E-018