NOT LISTED FOR SALE

408 Laurel Ave South Pittsburg, TN 37380

Estimated Value: $199,000 - $247,000

3 Beds
1 Bath
1,424 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $100,000 $70 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,251/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 2 Fireplaces
  • Porch
  • Baseboard Heating

About This Home

As of March 2022

LOCATION, LOCATION, LOCATION Welcome Home! This gorgeous MOVE IN READY home has everything you need. As soon as you pull up you will notice the COVERED FRONT PORCH. This home is conveniently located only 30 minutes from Downtown Chattanooga and only 2 minutes from Downtown South Pittsburg where you will find all of your SHOPPING needs, RESTAURANTS, social ACTIVITIES, and more. As soon as you enter the front door and step inside you are welcomed by HARDWOOD floors and an OPEN FLOOR PLAN living/dining area. Straight back you have a formal dining or pass through bedroom with His/Hers Closets. Towards the back of the house you have a nice galley kitchen and 2 large guest rooms and a full hall bath with tub/shower. Off the back of the house beyond the kitchen is a parking area and private back yard. This house would make a great home or be an excellent investment property. It is ready for you to move right in. This is a home that you must see in person! The pictures don't do it justice. At this price the home will not last long. Setup a private showing today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $435

Year Built

  • Built in 1908

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 68x140
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • South Pittsburg Elementary School
  • South Pittsburg High Middle School
  • South Pittsburg High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 142P B 04500 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$435

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1908
  • Unit Levels: Three Or More
  • 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: Washer, Refrigerator, Microwave, Dryer
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1424
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • 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: Level
  • Lot Size Acres: 0.25
  • Lot Size: 68X140
  • Lot Size Units: Acres
  • Parcel #: 142P B 04500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 435

MLS Schools

  • Elementary School: South Pittsburg Elementary
  • High School: South Pittsburg High School
  • Middle Or Junior School: South Pittsburg High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 4, 2022
Sold by
Dale King William
Bought by
Layne Derek R and Layne Courtney B
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$223,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,838
Avg. Annual Appreciation
23.24%
Original Mortgage
$80,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
King Marvin and King Wanda
Bought by
King William Dale

Purchase Details

Closed on
Sep 17, 1986
Bought by
King Marvin and King Wanda
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
Layne Derek R $100,000 None Listed On Document
King William Dale -- None Available
King Marvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layne Derek R $161,100
Previous Owner Layne Derek R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $100,000 -4.8% $70 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $105,000 -- $74 / 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 $380 $44,850 $5,150 $39,700
2023 $380 $25,675 $0 $0
2022 $642 $25,675 $5,150 $20,525
2021 $642 $25,675 $5,150 $20,525
2020 $435 $25,675 $5,150 $20,525
2019 $435 $13,775 $4,300 $9,475
2018 $435 $13,775 $4,300 $9,475
2017 $435 $13,775 $4,300 $9,475
2016 $435 $13,775 $0 $0
2015 $469 $13,775 $0 $0
2014 $469 $14,861 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2589508

Realtracs

APN: 142P-B-045.00