NOT LISTED FOR SALE

3617 Premium Dr Chattanooga, TN 37415

Estimated Value: $295,000 - $327,000

3 Beds
2 Baths
1,816 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $240,000 $132 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,778/month

12 Days on Market

Highlights

  • Separate Formal Living Room
  • In-Law or Guest Suite
  • Central Heating
  • No HOA
  • Cooling Available
  • ENERGY STAR Qualified Windows

About This Home

As of January 2022

GREAT LOCATION! This property is close to everything you can want in Chattanooga. Updated 3 Bedroom 2 Bath in the Red Bank/N Chattanooga area. New quartz countertops in the Kitchen, updated bath and fresh paint. Full finished basement with rec room, bedroom and full bath. Buyer should verify any information of concern, including but not limited to schools and square footage. My seller says to bring all offers! They are ready to negotiate!

Last Agent to Sell the Property

Cindy Coppage

eXp Realty Brokerage Phone: 4235980228 License #335683 Listed on: 11/19/2021

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x226
  • Level Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Carpet
  • Fire and Smoke Detector
  • Washer
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Manchester Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118B D 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,443

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Unit Levels: Two
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4235980228
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: In-Law Floorplan, Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 908
  • Below Grade Sq Ft: 908
  • Building Area Units: Square Feet
  • Living Area: 1816
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.33
  • Lot Size: 70X226
  • Lot Size Units: Acres
  • Parcel #: 118B D 018
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1443

MLS Schools

  • Elementary School: Rivermont 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
Nov 19, 2021
Closed on
Jan 24, 2022
Sold by
Foster and Rebecca
Bought by
Lb Homes Llc
Seller's Agent
Cindy Coppage
eXp Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$313,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,341
Avg. Annual Appreciation
6.49%
Original Mortgage
$180,000
Outstanding Balance
$167,597
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$133,913

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 3, 2022
Sold by
Thomas Tonya R and Rains Tonya R
Bought by
Foster R R and Foster Rebecca
Seller's Agent
Cindy Coppage
eXp Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$167,597
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$133,913

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 4, 2012
Sold by
Johnson Tina
Bought by
Rains Tonya R
Seller's Agent
Iris Rodger
Keller Williams Realty
Buyer's Agent
Lu Farmer
Crye-Leike, REALTORS
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$109,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Byrd Charles Lynn and Byrd Susan Lynne
Bought by
Johnson Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Stevenson Cherie A Massengill Mary W
Bought by
Byrd Charles Lynn and Byrd Susan Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,165
Interest Rate
7%
Mortgage Type
FHA
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
Lb Homes Llc -- None Listed On Document
Foster R R $240,000 Bridge City Title Downtown
Rains Tonya R $115,000 Cumberland Title & Guaranty
Johnson Tina $83,000 Realty Title & Escrow Servic
Byrd Charles Lynn $71,900 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster R R $180,000
Previous Owner Rains Tonya R $109,250
Previous Owner Johnson Tina $78,850
Previous Owner Byrd Charles Lynn $66,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $240,000 -4.0% $132 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $249,900 +117.3% $138 / Sq Ft
06/04/2012 06/04/12 Sold $115,000 0.0% $64 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $115,000 -- $64 / 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 $840 $37,550 $0 $0
2023 $840 $37,550 $0 $0
2022 $840 $37,550 $0 $0
2021 $840 $37,550 $0 $0
2020 $792 $28,625 $0 $0
2019 $792 $28,625 $0 $0
2018 $778 $28,625 $0 $0
2017 $792 $28,625 $0 $0
2016 $771 $0 $0 $0
2015 $1,530 $27,875 $0 $0
2014 $1,530 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2719816

Realtracs

APN: 118B-D-018