NOT LISTED FOR SALE

Estimated Value: $215,000 - $275,000

3 Beds
1.5 Baths
1,492 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $48,000 $32 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $1,330/month

84 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2014

This one story HUD owned home has 3 bedrooms plus 1.5 baths with lots of room to entertain or just relax. All this on a mostly level lot. Living Room has hardwood floors. From covered rear deck enter the dining area off the kitchen. Single car freestanding carport. Laundry room. HUD Homes are sold in ''as is'' condition, so buyers are advised to perform all desired inspections and to verify all listing information independently, including school zones. HUD has designated FHA Financing Status as Uninsured (UI), so any FHA financing will have to be with a 203k loan program. Home is eligible for $100 Down Payment with 203k FHA Financing. Additional information on this home is available o-line at www.HUDHomestore.com. For more information about buying a HUD Home, visit www.HUDPemco.com. AL MUST BE PLACED ON-LINE BY A HUD REGISTERED REAL ESTATE AGENT/BROKER. HUD Case #481-245786.

Last Agent to Sell the Property

Raymond Warren

UpwardRealty.com License #016166 Listed on: 07/26/2014

Last Buyer's Agent

CINDY MONK

CRYE-LEIKE LAKEWAY REAL ESTATE License #266225

CRYE-LEIKE LAKEWAY REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 90x129.23
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Wood Flooring
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Hillcrest Elementary School
  • Brown Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Redlands Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 129I G 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 90X129.23
  • Subdivision Name: Redlands
  • Directions: From Bonnie Oakes Drive, take Redland Dr. North, Turn right on Davis Lane. House will be on your left.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1492.0
  • New Construction: No
  • Year Built: 1962
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 129I G 003
  • Location Tax and Legal Elementary School: Hillcrest Elementary
  • Location Tax and Legal Middle Or Junior School2: Brown Middle
  • Location Tax and Legal High School: Central High School
  • 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: Yes
  • General Property Information Lot Size Dimensions: 90X129.23
  • 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 Carport Spaces2: 1.0
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Downstairs
  • Window Features: Aluminum Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillcrest Elementary
  • High School: Central High School
  • Middle Or Junior School: Brown Middle

Lot Info

  • Parcel #: 129I G 003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2014
Closed on
Oct 16, 2014
Sold by
The Secretary Of Hud
Bought by
Woodall Stephen S
Seller's Agent
Raymond Warren
UpwardRealty.com
Buyer's Agent
CINDY MONK
CRYE-LEIKE LAKEWAY REAL ESTATE
List Price
$74,100
Sold Price
$48,000
Premium/Discount to List
-$26,100
-35.22%
Current Estimated Value
$241,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,589
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Russell Marckita
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 28, 2004
Sold by
Cooper Laurie A and Cooper Ronald Glenn
Bought by
Russell Marckita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,547
Interest Rate
5.35%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2001
Sold by
Bartow Cole James and Bartow Virginia A
Bought by
Cooper Ronald Glenn and Cooper Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,810
Interest Rate
7.03%
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
Woodall Stephen S $48,000 First Title Insurance Co
Secretary Of Hud $60,840 None Available
Russell Marckita $94,000 First American Title Ins Co
Cooper Ronald Glenn $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Marckita $92,547
Previous Owner Cooper Ronald Glenn $75,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2014 10/22/14 Sold $48,000 -35.2% $32 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $74,100 -- $50 / 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 $776 $34,675 $0 $0
2023 $776 $34,675 $0 $0
2022 $776 $34,675 $0 $0
2021 $776 $34,675 $0 $0
2020 $810 $29,275 $0 $0
2019 $810 $29,275 $0 $0
2018 $793 $29,275 $0 $0
2017 $810 $29,275 $0 $0
2016 $707 $0 $0 $0
2015 $1,412 $25,550 $0 $0
2014 $1,412 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1214431

Greater Chattanooga REALTORS®

APN: 129I-G-003