$200,000
SOLD NOV 21, 2024
3 Beds
3 Baths
3,122 Sq Ft
0.42 Acres

Recently Sold

$64 Per Sq Ft

38% Below List Price

33 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Wet Bar
  • No HOA
  • Brick Exterior Construction
  • Fireplace in Basement

About This Home

As of April 2025

Welcome to your home in Kingsridge Subdivision!Discover the untapped potential of this classic Ranch-Style home, nestled in the highly sought-after Kingsridge neighborhood. This property has been cherished by the same family since 1996 and is now ready for a fresh new chapter. Featuring 3 bedrooms, 3 full bathrooms, and an expansive layout that includes two generously-sized bonus rooms in the finished basement, and 2 fireplaces, this home offers endless opportunities for restoration and customization.

The basement level serves as an additional living space, complete with its own cozy wood-burning fireplace, wet bar, and direct access to the outdoor area. Imagine the potential to transform this space into a perfect guest suite, rental unit, or entertainment area—ideal for maximizing the home's value and appeal. With over 18,000 square feet of lot space and multiple living areas, this property is just waiting for someone with vision to bring it back to its former glory.

Being sold AS IS.

Exceptional Location & Amenities: This home is also situated in a prime location within Hixson, TN located near Shopping Centers: Only minutes away from the Northgate Mall, Target, Walmart Supercenter, and Publix at Hixson.
Dining & Restaurants: Satisfy your cravings with a wide variety of local favorites and national chains, including the nearby Buffalo Wild Wings, LongHorn Steakhouse, Chick-fil-A, Panera Bread, and more.
Recreational Areas: Spend the weekend exploring Greenway Farms, a local gem offering trails, picnic areas, and kayaking, just a short drive away. The Chester Frost Park and Tennessee Riverpark are also nearby, providing ample opportunities for fishing, boating, and enjoying scenic views.
Endless Potential Awaits! With so much space, flexibility, and a desirable location, this home has all the ingredients for a lucrative investment. Don't Miss Out—Motivated seller!

Last Agent to Sell the Property

Patrick Jenkins

Realty One Group Experts License #357806 Listed on: 10/26/2024

Last Buyer's Agent

Patrick Jenkins

Realty One Group Experts License #357806 Listed on: 10/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1973

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 110x161.20
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Wet Bar
  • Living Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Hixson Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Kingsridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 100a D 024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 110X161.20
  • Subdivision Name: Kingsridge
  • Directions: From Downtown Chattanooga, take TN-27 N toward Hixson. Continue on TN-27 N for approximately 6 miles. Take the exit for Hixson Pike and turn right onto Hixson Pike. Continue for 2.2 miles, then turn left onto Ely Rd. Follow Ely Rd for 0.8 miles and turn right onto Kingsridge Dr. Proceed for 0.3 miles, then turn right onto King Crest Ln. Continue for 0.2 miles and the property, 482 King Crest Ln, will be on your left.
  • Above Grade Finished Sq Ft: 2122.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 3122.0
  • New Construction: No
  • Year Built: 1973
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 100a D 024
  • Location Tax and Legal Elementary School: Hixson Elementary
  • Location Tax and Legal Middle Or Junior School2: Hixson Middle
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 2899.92
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 2122.0
  • General Property Information Below Grade Finished Area: 1000.0
  • 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: 0.42
  • General Property Information Lot Size Square Feet2: 18295.2
  • General Property Information Lot Size Dimensions: 110X161.20
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: No
  • General Property Information Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Available: Yes
  • Fencing Fenced: Yes
  • Architectural Style Ranch: Yes
  • Foundation Details BrickMortar: Yes
  • Appliances Water Heater2: Yes
  • Special Features: None

Interior Features

  • Private Spa: No
  • Appliances: Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Basement, Living Room
  • Fireplace: Yes
  • Interior Amenities: Wet Bar
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Wet Bar: Yes
  • Fireplace Features:Basement2: Yes

Exterior Features

  • Fencing: Fenced
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: None
  • Foundation Details: Brick/Mortar
  • Exterior Features:None8: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hixson Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Additional Parcels: No
  • Parcel #: 100a D 024
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2899.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Apr 16, 2025
Sold by
Madison Property Group Llc
Bought by
Gavin Tomas and Gavin Katie Tomas
Seller's Agent
Lee Marshall Hobbs
Keller Williams Realty
Buyer's Agent
Kandi Lawson
Red Barn Realty Group, LLC
List Price
$464,900
Sold Price
$464,900
Views
31
Current Estimated Value
$440,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,155
Avg. Annual Appreciation
-35.47%
Original Mortgage
$450,953
Outstanding Balance
$450,953
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$34,271

Purchase Details

Listed on
Oct 26, 2024
Closed on
Nov 21, 2024
Sold by
Phillips Jennifer Lenee and Jones Jennifer Lenee
Bought by
Madison Property Group Llc
Seller's Agent
Patrick Jenkins
Realty One Group Experts
Buyer's Agent
Patrick Jenkins
Realty One Group Experts
List Price
$320,000
Sold Price
$200,000
Premium/Discount to List
-$120,000
-37.5%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
723.80%
Original Mortgage
$311,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1996
Sold by
Tripe Robert George
Bought by
Jones Sharon Lee
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $464,900 Cumberland Title
Warranty Deed $464,900 Cumberland Title
Warranty Deed $200,000 Cumberland Title & Guaranty
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,953 New Conventional
Closed $450,953 New Conventional
Previous Owner $311,000 New Conventional
Previous Owner $54,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $464,900 0.0% $145 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $464,900 +132.5% $145 / Sq Ft
11/21/2024 11/21/24 Sold $200,000 -37.5% $64 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $320,000 0.0% $102 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $320,000 -8.6% $102 / Sq Ft
10/15/2024 10/15/24 Price Changed $350,000 -2.8% $112 / Sq Ft
10/07/2024 10/07/24 Price Changed $360,000 -5.3% $115 / Sq Ft
09/27/2024 09/27/24 For Sale $380,000 -- $122 / 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 $1,446 $64,625 $0 $0
2023 $1,446 $64,625 $0 $0
2022 $1,446 $64,625 $0 $0
2021 $1,446 $64,625 $0 $0
2020 $1,215 $43,925 $0 $0
2019 $1,215 $43,925 $0 $0
2018 $1,127 $43,925 $0 $0
2017 $1,215 $43,925 $0 $0
2016 $1,161 $0 $0 $0
2015 $2,246 $42,000 $0 $0
2014 $2,246 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1500753

Greater Chattanooga REALTORS®

APN: 100A-D-024