NOT LISTED FOR SALE

506 Notre Dame Ave Chattanooga, TN 37412

Estimated Value: $291,000 - $323,000

3 Beds
2 Baths
1,570 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $300,000 $191 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,678/month

15 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • Property has 3 Levels
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of August 2023

Don't miss this completely renovated 3 bedroom 2 bath home in East Ridge. Convenient to shopping, schools, etc. House has been taken down to the studs and is essentially a brand new home. Nice upgraded finishes such as granite in kitchen, stainless appliances, dark bamboo flooring throughout, tile flooring in baths, master suite and large back deck accessible from both the living room and master bedroom. This is a fantastic starter home, or perfect for a downsize. Schedule your showing today.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 157O Q 021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,593

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1570
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size: 75X150
  • Lot Size Units: Acres
  • Parcel #: 157O Q 021
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1593

MLS Schools

  • Elementary School: East Ridge Elementary School
  • High School: East Ridge High School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 30, 2023
Sold by
Bales Reba
Bought by
Jordan Michel
List Price
$300,000
Sold Price
$300,000
Views
40
Current Estimated Value
$306,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,266
Avg. Annual Appreciation
0.96%
Original Mortgage
$270,000
Outstanding Balance
$264,078
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$42,188

Purchase Details

Listed on
Apr 13, 2016
Closed on
Apr 18, 2016
Sold by
Quarles Arthur Clinton
Bought by
Bales Reba E
Seller's Agent
Kelly Cooper
Keller Williams Realty
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$132,554
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2015
Sold by
Mann Gerald L and Masters Mann Brenda J
Bought by
Kcenterprises Llc

Purchase Details

Closed on
Nov 29, 1999
Sold by
Rawden Benjamin P Mann Brenda J
Bought by
Mann Gerald L and Mann Brenda J Masters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jordan Michel $300,000 Cumberland Title & Guaranty
Bales Reba E $135,000 Foundation Title & Escrow
Kcenterprises Llc $21,756 None Available
Mann Gerald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Michel $270,000
Previous Owner Bales Reba E $132,554
Previous Owner Mann Gerald L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Off Market $140,000 -- --
08/30/2023 08/30/23 Sold $300,000 0.0% $191 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $300,000 +122.2% $191 / Sq Ft
04/18/2016 04/18/16 Sold $135,000 0.0% $78 / Sq Ft View Prior Sale
04/18/2016 04/18/16 Sold $135,000 -3.6% $78 / Sq Ft View Prior Sale
04/13/2016 04/13/16 For Sale $140,000 0.0% $81 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/30/2016 01/30/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $140,000 -- $81 / Sq Ft
Source: Realtracs

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 $901 $40,250 $0 $0
2023 $1,413 $40,250 $0 $0
2022 $1,413 $40,250 $0 $0
2021 $1,593 $40,250 $0 $0
2020 $1,588 $34,100 $0 $0
2019 $1,588 $34,100 $0 $0
2018 $1,588 $34,100 $0 $0
2017 $1,588 $34,100 $0 $0
2016 $1,249 $0 $0 $0
2015 $1,249 $25,300 $0 $0
2014 $1,249 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2918383

Realtracs

APN: 157O-Q-021