NOT LISTED FOR SALE

518 Lullwater Rd Chattanooga, TN 37405

Estimated Value: $177,000 - $279,000

3 Beds
1 Bath
1,128 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $58,500 $52 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,335/month

26 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Bathtub with Shower
  • Deck
  • Porch
  • Patio

About This Home

As of April 2012

Convenient Red Bank location. Cute starter home with living room, eat-in kitchen with lots of cabinets and three bedrooms. Nice deck on back of house great for entertaining, fenced backyard and large outbuilding. Bank of America pre-qualification required on all financing offers. Buyer is not required to use Bank of America financing but must pre-qualify for offer submission. **CASH offers are subject to special DEED RESTRICTION** ''Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly.''

Last Agent to Sell the Property

Nate Durham

Braden Real Estate Firm Listed on: 03/04/2012

Last Buyer's Agent

Carla Simpson

Vincent Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1961

Lot Details

  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 126C B 022
  • $22,675 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 99.3 X 150 IRR
  • Subdivision Name: None
  • Directions: I-75 South to Dayton Blvd exit, left on Signal Mtn Blvd, right onto Lullwater Road.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1128.0
  • New Construction: No
  • Year Built: 1961
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 126C B 022
  • Location Tax and Legal Elementary School: Red Bank 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: 877.0
  • 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 Dimensions: 99.3 X 150 IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 22675.0
  • Other Structures:Out Building: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tub/shower Combo
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Other
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 126C B 022

Tax Info

  • Tax Annual Amount: 877.0
  • Tax Other Annual Assessment Amount: 22675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2013
Sold by
Thomas John F and Thomas Brandi
Bought by
Series C Of Apple Tree Llc
Current Estimated Value
$234,136

Purchase Details

Listed on
Mar 4, 2012
Closed on
Apr 13, 2012
Sold by
The Bank Of New York Mellon
Bought by
Thomas John F and Thomas Brandi
Seller's Agent
Nate Durham
Braden Real Estate Firm
Buyer's Agent
Carla Simpson
Vincent Realty
List Price
$64,900
Sold Price
$58,500
Premium/Discount to List
-$6,400
-9.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Reeves Kathryn J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 28, 2005
Sold by
Caldwell Parley E and Caldwell Wanda D
Bought by
Reeves Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 2, 2002
Sold by
Jones Billy Wayne and Jones Wanda T
Bought by
Caldwell Parley E and Caldwell Wanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,450
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2000
Sold by
Irene Romano
Bought by
Jones Billy Wayne and Jones Wanda T

Purchase Details

Closed on
Sep 10, 1998
Sold by
Wayne Jones Billy and Wayne Wanda T
Bought by
Romano Irene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Series C Of Apple Tree Llc -- Equititle Inc
Thomas John F $58,500 First American Title
The Bank Of New York Mellon $51,300 None Available
Reeves Kathryn J $86,000 Northgate Title Escrow Inc
Caldwell Parley E $80,500 Ensign Title & Escrow Inc
Jones Billy Wayne $25,000 --
Romano Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas John F $50,000
Previous Owner Thomas John F $85,000
Previous Owner Reeves Kathryn J $68,800
Previous Owner Caldwell Parley E $72,450
Previous Owner Jones Billy Wayne $36,442
Closed Reeves Kathryn J $17,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $58,500 -9.9% $52 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $64,900 -- $58 / 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 $832 $37,175 $0 $0
2023 $1,523 $37,175 $0 $0
2022 $1,281 $37,175 $0 $0
2021 $1,473 $37,175 $0 $0
2020 $1,370 $27,475 $0 $0
2019 $1,370 $27,475 $0 $0
2018 $1,370 $27,475 $0 $0
2017 $1,313 $27,475 $0 $0
2016 $1,109 $0 $0 $0
2015 $1,109 $21,400 $0 $0
2014 $1,109 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1175219

Greater Chattanooga REALTORS®

APN: 126C-B-022