NOT LISTED FOR SALE

403 Lowell St Chattanooga, TN 37415

Estimated Value: $241,000 - $428,000

3 Beds
1 Bath
900 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $118,000 $131 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,670/month

83 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Cooling Available
  • No HOA
  • Porch
  • Central Heating

About This Home

As of February 2019

401 and 403 Lowell Street are two separate homes being sold as a package (preferably) due to a shared driveway. 401 Lowell has 3 bedrooms and 1.5 baths and brings in approx. $1100/mo, and 403 Lowell has 3 bedrooms and 1 bath and is currently rented for $850 month-to-month. Rent increases are due on both homes. Highlights of 401 include newly renovated bathrooms, two living rooms, new roof, new HVAC, basement/workspace and a detached 2-car garage. 403 also has a new roof, basement space and a covered carport with 2 parking spaces and extra shaded outdoor patio space. Buy both homes and live in one and rent the other to a family member/in-law, or simply rent one home to a regular tenant to cover most of your mortgage while you live in the other and act as caretaker of your investment property. List price on 401 is $155,000 and list price on 403 is $122,000. Seller will consider a reduced price for an offer on both properties.

Last Buyer's Agent

Paula Palmer

Real Estate Partners Chattanooga, LLC License #289631

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Sloped Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 117L A 024

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,159

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Refrigerator, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 900
  • Building Area Units: Square Feet
  • Living Area: 900
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Stone, Other, Brick
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Tennis Court(s)
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.23
  • Lot Size: 70X150
  • Lot Size Units: Acres
  • Parcel #: 117L A 024
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1159

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
Oct 1, 2018
Closed on
Feb 8, 2019
Sold by
Kelle Jeffrey and Kelle Beth
Bought by
Fawcett Kelly C
Buyer's Agent
Paula Palmer
Real Estate Partners Chattanooga, LLC
List Price
$122,000
Sold Price
$118,000
Premium/Discount to List
-$4,000
-3.28%
Current Estimated Value
$296,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,226
Avg. Annual Appreciation
15.90%
Original Mortgage
$88,500
Outstanding Balance
$78,582
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$233,422

Purchase Details

Closed on
Dec 28, 2016
Sold by
Kelle Jeffrey
Bought by
Kelle Beth and Kelle Jeffrey

Purchase Details

Closed on
Aug 20, 2014
Sold by
Walker Deborah and Ashley Mark A
Bought by
Walker Glenn R and Walker Deborah A

Purchase Details

Closed on
Jan 12, 2010
Sold by
Ashley Mark and Walker Deborah
Bought by
Ashley Mark and Walker Debora

Purchase Details

Closed on
Feb 9, 2001
Sold by
Jaramillo Beariz E and Jaramillo Beatriz E
Bought by
Ashley Horace E and Ashley Margaret R

Purchase Details

Closed on
Apr 16, 1998
Sold by
Ricardo Naranjo
Bought by
Jaramillo Beatriz E and Naranjo Beatriz E
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
Fawcett Kelly C $118,000 First Choice Title Inc
Kelle Beth -- None Available
Walker Glenn R -- First Title
Ashley Mark -- None Available
Ashley Horace E $51,000 --
Jaramillo Beatriz E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fawcett Kelly C $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $118,000 -3.3% $131 / Sq Ft
12/23/2018 12/23/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $122,000 +27.7% $136 / Sq Ft
05/20/2016 05/20/16 Sold $95,500 -4.0% $85 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $99,500 +13624.1% $89 / Sq Ft
01/16/2015 01/16/15 Sold $725 0.0% $1 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $725 -- $1 / 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 $812 $36,300 $0 $0
2023 $1,488 $36,300 $0 $0
2022 $1,251 $36,300 $0 $0
2021 $1,443 $36,300 $0 $0
2020 $1,208 $23,575 $0 $0
2019 $1,208 $23,575 $0 $0
2018 $1,208 $23,575 $0 $0
2017 $1,159 $23,575 $0 $0
2016 $1,065 $0 $0 $0
2015 $1,065 $20,350 $0 $0
2014 $1,065 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2420605

Realtracs

APN: 117L-A-024