$66,000
SOLD JUN 17, 2013

501 Gadd Rd Hixson, TN 37343

3 Beds
2 Baths
1,705 Sq Ft
0.51 Acres

Recently Sold

$39 Per Sq Ft

12% Below List Price

42 Days on Market

Highlights

  • Open Floorplan
  • Screened Porch
  • Living Room
  • No HOA
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of March 2017

What a deal!!!! Great location!!! Large one level home.. come and see the potential of this home.. , NO GUARANTIES..Property is approved for Fannie mae Homepath Renovation Mortgage. Visit www.homepath.com to get more detail and contact information. SUBMIT ALL OFFER AT WWW.HOMEPATH.COM

Last Agent to Sell the Property

Jennifer Stafford

Blue Key Properties LLC License #296238 Listed on: 05/01/2013

Last Buyer's Agent

Denise Murphy

Keller Williams Realty License #00288046

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Parking

  • Attached Carport

Home Design

  • Shingle Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Basement
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Schools

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

Additional Features

  • Level Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ridgeway North Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 099KL 039
  • $35,100 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 104.8X215.5IRR
  • Subdivision Name: Ridgeway North
  • Directions: NORTH ON 153, LEFT ON GADD.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1705.0
  • New Construction: No
  • Year Built: 1956
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 099KL 039
  • Location Tax and Legal Elementary School: Hixson Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1781.0
  • 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: Yes
  • General Property Information Lot Size Dimensions: 104.8X215.5IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 35100.0
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Tub/shower Combo
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

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

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 099KL 039

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Other Annual Assessment Amount: 35100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 9, 2017
Sold by
Perry Damon Brandon and Perry Lisa Sue
Bought by
Ice Marvin
Seller's Agent
Gary Crowe
Uptown Firm, LLC
Buyer's Agent
Lori Montieth
Keller Williams Realty
List Price
$157,700
Sold Price
$152,700
Premium/Discount to List
-$5,000
-3.17%
Total Days on Market
42
Current Estimated Value
$310,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,415
Avg. Annual Appreciation
8.97%

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 30, 2015
Sold by
Kirklen Tina V
Bought by
Perry Damon Brandon and Perry Lisa Sue
Seller's Agent
Denise Murphy
Keller Williams Realty
Buyer's Agent
Gary Crowe
Uptown Firm, LLC
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$137,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 13, 2013
Sold by
Fannie Mae
Bought by
Kirklen Tina
Seller's Agent
Jennifer Stafford
Blue Key Properties LLC
Buyer's Agent
Denise Murphy
Keller Williams Realty
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.56%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Walker Vicki
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 25, 2002
Sold by
Washington Mutual Finance Group Llc
Bought by
Walker Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Shadden Charlene C
Bought by
Washington Mutual Finance Group 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 Type Sale Price Title Company
Warranty Deed $152,700 Foundation Title & Escrow
Warranty Deed $145,000 Cumberland Title & Guaranty
Special Warranty Deed $66,000 Prior Title
Trustee Deed $70,463 None Available
Limited Warranty Deed $83,500 --
Quit Claim Deed $70,768 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,750 New Conventional
Previous Owner $66,800 Purchase Money Mortgage
Previous Owner $71,050 Unknown
Previous Owner $42,801 Unknown
Closed $16,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $152,700 -3.2% $90 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $157,700 +8.8% $92 / Sq Ft
01/30/2015 01/30/15 Sold $145,000 -3.3% $85 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $150,000 +127.3% $88 / Sq Ft
06/17/2013 06/17/13 Sold $66,000 -12.0% $39 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $75,000 -- $44 / 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 $1,145 $51,175 $0 $0
2023 $1,145 $51,175 $0 $0
2022 $1,145 $51,175 $0 $0
2021 $2,464 $51,175 $0 $0
2020 $1,055 $38,150 $0 $0
2019 $1,055 $38,150 $0 $0
2018 $995 $38,150 $0 $0
2017 $1,055 $38,150 $0 $0
2016 $1,021 $0 $0 $0
2015 $1,989 $36,925 $0 $0
2014 $1,989 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1194221

Greater Chattanooga REALTORS®

APN: 099K-L-039