NOT LISTED FOR SALE

559 E Main St Chattanooga, TN 37408

Southside Neighborhood

Estimated Value: $2,688,929

3 Beds
2 Baths
5,000 Sq Ft
$538/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $2,100,000 $420 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,665/month

Highlights

  • 0.65 Acre Lot
  • Mountain View
  • High Ceiling
  • Open Floorplan
  • Corner Lot
  • 4-minute walk to Jefferson Heights Park

About This Home

As of July 2021

Comp Sale. Zoned UCX-3. Used as Live/Work Space. 3 Bedroom and 2 full baths, Kitchen and Living Room and Warehouse space with Roll Up Door. Sale included Lot(s): 1428 Adams St Chattanooga, TN 37408 & 1423 Jefferson St Chattanooga, TN 37408

Last Agent to Sell the Property

Kevin Wamack

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232908711 License #324312 Listed on: 07/12/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Kevin Wamack

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232908711 License #324312 Listed on: 07/12/2021

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,741

Year Built

  • Built in 2004

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100.02x195.13
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • High Ceiling
  • ENERGY STAR Qualified Windows
  • Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Key & Richmond Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145L G 008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,741

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 5000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Aluminum Siding, Stucco
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Metal
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Corner Lot
  • Lot Size Acres: 0.65
  • Lot Size: 100.02X195.13
  • Lot Size Units: Acres
  • Parcel #: 145L G 008
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7741

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Jul 8, 2021
Sold by
Petrey John M and Petrey Peggy B
Bought by
Petrey John M and Petrey Peggy B
Seller's Agent
Kevin Wamack
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Kevin Wamack
Real Estate Partners Chattanooga, LLC
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$2,688,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,929
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Petrey John M and Petrey Peggy B
Bought by
Petrey John M and Petrey Peggy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,214
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2011
Sold by
Petrey John M and Petrey Peggy B
Bought by
Petrey John M and Petrey Peggy B

Purchase Details

Closed on
Oct 31, 2006
Sold by
Earthscapes Inc
Bought by
Petrey John M and Petrey Peggy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2004
Sold by
Sliger Joe
Bought by
Earthscapes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,100
Interest Rate
5.63%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Petrey John M $2,100,000 Cumberland Ttl & Guaranty Co
Petrey John M -- First Title
Petrey John M -- None Available
Petrey John M $410,000 First Title
Earthscapes Inc $151,100 Century Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrey John M $282,214
Previous Owner Petrey John M $328,000
Previous Owner Earthscapes Inc $151,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $2,100,000 0.0% $420 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $2,100,000 -- $420 / 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
2025 $8,426 $555,920 $0 $0
2024 $8,374 $374,280 $0 $0
2023 $8,374 $374,280 $0 $0
2022 $8,374 $374,280 $0 $0
2021 $8,374 $374,280 $0 $0
2020 $4,245 $153,520 $0 $0
2019 $4,245 $153,520 $0 $0
2018 $4,002 $153,520 $0 $0
2017 $4,245 $153,520 $0 $0
2016 $3,640 $0 $0 $0
2015 $7,140 $131,640 $0 $0
2014 $7,140 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kevin Wamack

    Real Estate Partners Chattanooga, LLC

    3 in this area

    160 Total Sales

    Kevin Wamack
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2422395

Realtracs

APN: 145L-G-008

Tennessee Hamilton County Chattanooga 37408 Southside

559 E Main St, Chattanooga, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes