NOT LISTED FOR SALE

Estimated Value: $385,000 - $522,000

3 Beds
2 Baths
1,600 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $463,000 $289 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,613/month

22 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Granite Countertops
  • Open Floorplan
  • Wood Flooring
  • 4-minute walk to Roy Nelms Park

About This Home

As of August 2023

Welcome to 4121 Tennessee Ave, located in the desirable Historic St. Elmo, this remarkable property presents an incredible opportunity for short-term vacation rental investment with a transferable permit. Being Sold FULLY FURNISHED. Boasting a prime location and an array of impressive features, this investment gem is sure to captivate both investors and vacationers alike. Situated in a vibrant neighborhood, this property offers convenient access to local attractions, entertainment venues, and dining options. Its proximity to popular destinations ensures a steady stream of potential guests seeking an unforgettable experience in the heart of Chattanooga. This charming vacation rental encompasses 3 spacious bedrooms & 2 full well-appointed bathrooms. Each room has been thoughtfully designed and furnished to provide a comfortable and relaxing atmosphere for guests. From stylish furniture to modern amenities, no detail has been spared to create an exceptional stay.
The interior boasts an open concept layout, allowing for seamless flow between the living, dining, and kitchen areas. This design encourages socializing and creates a welcoming ambiance for guests to connect and unwind after a day of exploring the local attractions. The outdoor features a sweet front porch or private back deck perfect for enjoying your morning coffee, a good book, or a cocktail. Furthermore, this property is equipped with essential amenities to ensure a hassle-free stay. Given its exceptional location and thoughtful design, this property has proven to be a successful short-term vacation rental, providing attractive rental income potential for savvy investors. With the growing popularity of vacation rentals, the demand for exceptional properties like this one continues to rise, making it an ideal investment opportunity. Don't miss out on the chance to own this remarkable short-term vacation rental investment. Schedule a showing today and seize this golden opportunity before it's gone!

Last Agent to Sell the Property

Sarah Ketterer

Keller Williams Realty License #328768 Listed on: 07/14/2023

Keller Williams Realty

Last Buyer's Agent

GLORIA ROBERTS

NON-MEMBER License #261205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x156
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • The property is located in a historic district

Schools

  • Calvin Donaldson Elementary School
  • Lookout Valley Middle School
  • Lookout Valley High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 155o K 008

Community Details

Overview

  • No Home Owners Association
  • Johnsons A M Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,483

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50X156
  • Subdivision Name: Johnsons A M
  • Directions: Broad Street to Tennessee Avenue house will be on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1600.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 155o K 008
  • Location Tax and Legal Elementary School: Calvin Donaldson Elementary
  • Location Tax and Legal Middle Or Junior School2: Lookout Valley Middle
  • Location Tax and Legal High School: Lookout Valley High
  • Location Tax and Legal:Tax Annual Amount: 2482.6
  • 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: 0.18
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Dimensions: 50X156
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Water Heater, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Interior Amenities: Double Vanity, Eat-in Kitchen, En Suite, Granite Counters, Open Floorplan, Primary Downstairs, Separate Shower, Walk-In Closet(s)
  • Window Features: Insulated Windows, Vinyl Frames
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Playground: Yes
  • Community Features:Historic District: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: 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, Laundry Closet, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Historic District, Playground, Sidewalks
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Lookout Valley High
  • Middle Or Junior School: Lookout Valley Middle

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Additional Parcels: No
  • Parcel #: 155o K 008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2482.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 30, 2023
Sold by
Mockingbird Holding Llc
Bought by
Bornholtz Trust and Bornholtz
Seller's Agent
Sarah Ketterer
Keller Williams Realty
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
List Price
$500,000
Sold Price
$463,000
Premium/Discount to List
-$37,000
-7.4%
Views
94
Current Estimated Value
$471,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,024
Avg. Annual Appreciation
4.54%
Original Mortgage
$199,500
Outstanding Balance
$195,704
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$311,161

Purchase Details

Closed on
Aug 27, 2021
Sold by
Dogwood Investments Llc
Bought by
Mockingbird Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 7, 2019
Sold by
Damar Properties Llc
Bought by
Dogwood Investments Llc
Seller's Agent
Martin Klinghard
Blue Key Properties LLC
Buyer's Agent
Sarah Ketterer
Keller Williams Realty
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.71%
Original Mortgage
$240,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
Sold by
Houston Charles D and Houston Kimberly A
Bought by
Damar Properties Llc
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
Bornholtz Trust $463,000 Bridge City Title
Mockingbird Holdings Llc -- Alliance Title Llc
Dogwood Investments Llc $90,000 Alliance Title Llc
Damar Properties Llc $55,000 Alliance Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornholtz Trust $199,500
Previous Owner Mockingbird Holdings Llc $296,250
Previous Owner Dogwood Investments Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $463,000 -2.5% $289 / Sq Ft
08/07/2023 08/07/23 Off Market $475,000 -- --
08/02/2023 08/02/23 Price Changed $475,000 -5.0% $297 / Sq Ft
07/14/2023 07/14/23 For Sale $500,000 +455.6% $313 / Sq Ft
10/07/2019 10/07/19 Sold $90,000 -28.0% $128 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $125,000 -- $178 / 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 $1,238 $55,325 $0 $0
2023 $1,238 $55,325 $0 $0
2022 $1,238 $55,325 $0 $0
2021 $411 $18,350 $0 $0
2020 $389 $14,425 $0 $0
2019 $399 $14,425 $0 $0
2018 $455 $14,425 $0 $0
2017 $399 $14,425 $0 $0
2016 $292 $0 $0 $0
2015 $652 $10,575 $0 $0
2014 $652 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1376609

Greater Chattanooga REALTORS®

APN: 155O-K-008