NOT LISTED FOR SALE

Estimated Value: $376,000 - $474,000

3 Beds
2 Baths
1,500 Sq Ft
$278/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $340,000 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,312/month

19 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Covered Patio or Porch
  • Open Floorplan
  • No HOA
  • Brick Exterior Construction

About This Home

As of February 2022

Welcome to 5505 Saint Elmo Ave. Master on main, one level living. This 3 bedroom 2 bath home has been completely renovated and is ready for your personal touch. Fantastic investment opportunity for short or long term rental.

As soon as you walk through the front door to a large family room you will notice the stunning original hardwood floors throughout. There are 2 very generous bedrooms in the front of the home with a fully renovated, all tile bathroom in between.

You will love entertaining in the open kitchen with beautiful oversized marble island and marble countertops.

Just passed the kitchen down the tile lined hallway you will find the massive master bedroom with en suite bathroom and walk in closet.



The bathroom has been beautifully done with gorgeous pattern tile and stand tile lined shower.

Everyone will enjoy the upcoming fall evenings out in the partially fenced back yard with the new partially covered deck. Come be part of the charming St. Elmo community within walking distance to parks, shops and entertainment. All information is deemed reliable but not guaranteed. Buyer to verify information they deem important.

Last Agent to Sell the Property

Patrick Babb

The Group Real Estate Brokerage Listed on: 12/10/2021

Last Buyer's Agent

Ethan Speicher

Keller Williams Realty License #339941

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $957

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Basement
  • Crawl Space

Kitchen

  • Convection Oven
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • The property is located in a historic district

Schools

  • Calvin Donaldson Elementary School
  • Lookout Valley Middle School
  • Lookout Valley High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 167o F 006

Home Details

Home Type

Single Family

Est. Annual Taxes

$957

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50X150
  • Subdivision Name: None
  • Directions: Take Broad st. to Tennessee, Tennessee to St. Elmo, house on the right. Turn on 55th St. take alley to the left, second house on left
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1500.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1920
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 167o F 006
  • Location Tax and Legal Elementary School: Calvin Donaldson Elementary
  • Location Tax and Legal Middle Or Junior School2: Lookout Valley Middle
  • Location Tax and Legal High School: Lookout Valley High
  • Location Tax and Legal:Tax Annual Amount: 956.76
  • 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 Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Dimensions: 50X150
  • 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 Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Levels:One: Yes
  • Interior Features En Suite: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Foundation Details Stone2: Yes
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Electric Range, Dishwasher, Convection Oven
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: En Suite, Open Floorplan, Primary Downstairs, Walk-In Closet(s)
  • ResoLivingAreaSource: Owner
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Historic District: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Rear, Kitchen Level
  • General Property Information:Garage YN: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Lookout Valley High
  • Middle Or Junior School: Lookout Valley Middle

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No
  • Parcel #: 167o F 006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 956.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 4, 2022
Sold by
Morgan Lane
Bought by
Thompson Anthony and Thompson Katie Michelle
Seller's Agent
Patrick Babb
The Group Real Estate Brokerage
Buyer's Agent
Ethan Speicher
Keller Williams Realty
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$417,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,357
Avg. Annual Appreciation
2.72%
Original Mortgage
$166,444
Outstanding Balance
$158,040
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$216,422

Purchase Details

Closed on
Jul 1, 2021
Sold by
Wilson Judy C
Bought by
Lane Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2001
Sold by
Hall Carolyn P
Bought by
Wilson Judy C

Purchase Details

Closed on
Nov 22, 1999
Sold by
David Pursley James and Mitchell Barbara G Pursley
Bought by
Wilson Clyde L and Wilson Judy C
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
Thompson Anthony $340,008 None Listed On Document
Lane Morgan $130,000 Key Title & Escrow Llc
Wilson Judy C -- --
Wilson Judy C -- --
Hall Carolyn P -- --
Wilson Clyde L $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Anthony $166,444
Previous Owner Lane T Morgan $65,000
Previous Owner Lane Morgan $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $340,000 -12.6% $227 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $389,000 -- $259 / 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 $1,058 $47,300 $0 $0
2023 $1,058 $47,300 $0 $0
2022 $754 $33,700 $0 $0
2021 $754 $33,700 $0 $0
2020 $525 $18,975 $0 $0
2019 $525 $18,975 $0 $0
2018 $559 $18,975 $0 $0
2017 $525 $18,975 $0 $0
2016 $406 $0 $0 $0
2015 $860 $14,675 $0 $0
2014 $860 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1345391

Greater Chattanooga REALTORS®

APN: 167O-F-006