NOT LISTED FOR SALE

401 S Cherokee St La Fayette, GA 30728

Estimated Value: $116,000 - $194,000

3 Beds
1 Bath
1,311 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $40,000 $31 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $898/month

7 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Wood Frame Window
  • Corner Lot
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of April 2019

Bring Offer!!! Investor says Sale!!!

Large Fenced Corner Lot with home and space to renovate!

Needs Work!!! Definitely Handy Man Special!!!

Fix Up and use for Investment Income or Resale!!! Good Location.

Last Agent to Sell the Property

Teresa Hogg

Better Homes and Gardens Real Estate Jackson Realty License #250556 Listed on: 02/12/2019

Last Buyer's Agent

Teresa Hogg

Better Homes and Gardens Real Estate Jackson Realty License #250556 Listed on: 02/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 90x163
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,311 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Frame Window
  • Living Room
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Gilbert Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

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

Community Details

  • No Home Owners Association
  • P D Fortune Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1047 031

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 90X163
  • Subdivision Name: P D Fortune
  • Directions: Hwy 27 to Lafayette, Rt @ 193, Left @ RL house on corner of Cherokee and 193.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1311.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1930
  • Location Tax and Legal Parcel Number2: 1047 031
  • Location Tax and Legal Elementary School: Gilbert Elementary School
  • Location Tax and Legal Middle Or Junior School2: LaFayette Middle
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 618.02
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 90X163
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: 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
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Laundry Features Laundry Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Open Floorplan, Tub/shower Combo
  • Window Features: Wood Frames
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 1047 031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 618.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 10, 2019
Sold by
Brown David K
Bought by
Luby Robert James and Luby Linda Everett
Seller's Agent
Teresa Hogg
Better Homes and Gardens Real Estate Jackson Realty
Buyer's Agent
Teresa Hogg
Better Homes and Gardens Real Estate Jackson Realty
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%
Current Estimated Value
$153,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,029
Avg. Annual Appreciation
21.02%
Original Mortgage
$33,869
Outstanding Balance
$22,918
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$111,933

Purchase Details

Closed on
Oct 12, 2006
Sold by
Wallin Michael A
Bought by
Brown David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Federal National Mortgage
Bought by
Wallin Michael A and Wallin Dana M

Purchase Details

Closed on
Apr 6, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Federal National Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Pevehouse Rosa Lee and Pevehouse Arland T
Bought by
Reeves Virginia E

Purchase Details

Closed on
Apr 29, 1997
Sold by
Anderson Rosa Lee
Bought by
Pevehouse Rosa Lee and Pevehouse Arland T

Purchase Details

Closed on
Jan 19, 1995
Sold by
Gilreath Tressie
Bought by
Anderson Rosa Lee

Purchase Details

Closed on
Nov 16, 1984
Sold by
Otting International Inc
Bought by
Gilreath Tressie

Purchase Details

Closed on
Jan 1, 1972
Bought by
Otting International Inc
Source: Public Records

Range of Values:

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Average Value
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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
Luby Robert James $40,000 --
Brown David K $55,000 --
Wallin Michael A -- --
Federal National Mortgage -- --
Chase Manhattan Mortgage Corp -- --
Reeves Virginia E $40,500 --
Pevehouse Rosa Lee -- --
Anderson Rosa Lee $32,000 --
Gilreath Tressie -- --
Otting International Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luby Robert J $33,869
Previous Owner Brown David K $52,250
Previous Owner Wallin Michael A $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2024 09/21/24 Off Market $40,000 -- --
04/10/2019 04/10/19 Sold $40,000 -5.9% $31 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $42,500 -- $32 / 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 $771 $32,352 $4,344 $28,008
2023 $757 $30,822 $4,344 $26,478
2022 $861 $32,719 $4,344 $28,375
2021 $662 $22,533 $4,344 $18,189
2020 $491 $19,737 $4,344 $15,393
2019 $610 $19,864 $4,344 $15,520
2018 $561 $18,861 $3,341 $15,520
2017 $627 $18,861 $3,341 $15,520
2016 $520 $18,861 $3,341 $15,520
2015 $580 $20,044 $3,336 $16,708
2014 $558 $20,044 $3,336 $16,708
2013 -- $20,044 $3,336 $16,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1294578

Greater Chattanooga REALTORS®

APN: 1047-031