NOT LISTED FOR SALE

408 Martin Rd Chattanooga, TN 37415

Estimated Value: $219,000 - $270,000

2 Beds
1.5 Baths
1,050 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $106,000 $101 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,506/month

4 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • No HOA
  • Deck
  • Corner Lot
  • Formal Dining Room

About This Home

As of June 2014

Welcome to Red Bank, TN - a scenic and quiet community nestled at the foot of Signal Mountain. Reminiscent of a quaint English countryside cottage, 408 Martin Road is a charming home with modern features: Flowing, open floor plan with ease of movement from the spacious living through the cozy dining and into the modern kitchen. Beadboard ceiling, hardwood floors, crown molding, a brick fireplace, and built-in shelving, all accentuate the home's sophisticated character. Stone tower with a second floor tiled walkout and railing. Elegant living room featuring recessed lighting and a halfmoon wall made by the base of the stone tower. Updated kitchen with stainless steel appliances, extensive cabinetry, and pendant lighting. Lovely half bath with a mosaic tile floor and a full bath embellished with brand new tiling. Concrete paver patio and a handsome privacy fence make for a great entertaining space. Only 5 minutes from downtown, 408 Martin Road in Red Bank is a uniquely beautiful cottage on a spacious lot. Be sure to schedule a showing soon!

Last Agent to Sell the Property

Jim Lea

Keller Williams Realty License #296129 Listed on: 04/29/2014

Keller Williams Realty

Last Buyer's Agent

Kim Raulston

Keller Williams Realty License #271851

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1935

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125.2 x 163
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Basement
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Stories Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117L A 009

Home Details

Home Type

Single Family

Est. Annual Taxes

$714

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 125.2 X 163
  • Subdivision Name: Stories
  • Directions: From US-27N Take Morrison Springs Rd. exit, Turn Right onto Morrison Springs, Turn Right onto Dayton Blvd., Turn Right onto Martin Rd, Home is on the left at 408 Martin Rd.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1050.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1935
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 117L A 009
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • General Property Information:Bathrooms Half: 1
  • 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: 0.46
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Dimensions: 125.2 X 163
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: 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
  • Security Features:Smoke Detector(s): Yes
  • Interior Features Separate Dining Room: Yes
  • Other Structures:Out Building: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den, Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Separate Dining Room, Tub/shower Combo
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes

Exterior Features

  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 117L A 009
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 20, 2014
Sold by
Lee Melora D and Moore Justin R
Bought by
Stewart Ketherine A
Seller's Agent
Jim Lea
Keller Williams Realty
Buyer's Agent
Kim Raulston
Keller Williams Realty
List Price
$100,000
Sold Price
$106,000
Premium/Discount to List
$6,000
6%
Current Estimated Value
$265,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,449
Avg. Annual Appreciation
8.02%
Original Mortgage
$95,400
Outstanding Balance
$73,797
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$177,201

Purchase Details

Closed on
Jun 6, 2006
Sold by
Bartlett Eloise
Bought by
Lee Melora D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Green Anna Louise
Bought by
Bartlett Eloise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stewart Ketherine A $106,000 None Available
Lee Melora D $76,900 Northgate Title Escrow Inc
Bartlett Eloise $29,000 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Ketherine A $95,400
Previous Owner Moore Justin R $78,500
Previous Owner Chattanooga National Alliance Of Postal $5,363,400
Previous Owner Lee Melora D $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $106,000 +6.0% $101 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $100,000 -- $95 / 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 $714 $31,925 $0 $0
2023 $1,317 $31,925 $0 $0
2022 $1,105 $31,925 $0 $0
2021 $1,297 $31,925 $0 $0
2020 $1,191 $23,175 $0 $0
2019 $1,191 $23,175 $0 $0
2018 $1,191 $23,175 $0 $0
2017 $1,143 $23,175 $0 $0
2016 $1,028 $0 $0 $0
2015 $1,028 $19,450 $0 $0
2014 $1,028 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1209997

Greater Chattanooga REALTORS®

APN: 117L-A-009