$45,001
SOLD JUN 30, 2014

581 Patterson Ave Fort Oglethorpe, GA 30742

3 Beds
2 Baths
1,176 Sq Ft
0.38 Acres

Recently Sold

$38 Per Sq Ft

10% Below List Price

34 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Deck
  • Corner Lot
  • Covered patio or porch

About This Home

As of February 2015

3BD/2BA brick ranch on a corner lot in the heart of Fort Oglethorpe. Home features a level yard, hardwood flooring and spacious kitchen. Choose FHA financing to qualify for $100 down payment!

Last Agent to Sell the Property

Mandy Blankenship

Elite Real Estate Partners License #282824 Listed on: 05/07/2014

Elite Real Estate Partners

Co-Listed By

Michael Collins

Elite Real Estate Partners License #301368

Last Buyer's Agent

George McDowell

Berkshire Hathaway HomeServices Realty Center License #255870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1962

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Basement
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Lakeview Elementary School
  • Lakeview Middle School
  • Lakeview-Ft. Oglethorpe High School

Additional Features

  • Corner Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Kendall Park Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 002G072

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: .38
  • Co List Office Mls Id: 10902
  • Co List Office Phone: 706-278-6800
  • Subdivision Name: Kendall Park
  • Directions: HWY 2A, Right on Van Cleve, Right on Patterson
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1176.0
  • New Construction: No
  • Year Built: 1962
  • Location Tax and Legal Parcel Number2: 002G072
  • Location Tax and Legal Elementary School: Lakeview Elementary
  • Location Tax and Legal Middle Or Junior School2: Lakeview Middle
  • Location Tax and Legal High School: Lakeview-Ft. Oglethorpe
  • 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: .38
  • 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
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • ResoLivingAreaSource: Appraiser
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Lakeview Elementary
  • High School: Lakeview-Ft. Oglethorpe
  • Middle Or Junior School: Lakeview Middle

Lot Info

  • Parcel #: 002G072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Mar 11, 2015
Sold by
Pendley Bruce
Bought by
Gilbreath Rodney
Seller's Agent
George McDowell
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Barry Rankin
RE/MAX Renaissance Realtors
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%
Current Estimated Value
$246,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,469
Avg. Annual Appreciation
7.35%
Original Mortgage
$109,971
Outstanding Balance
$85,539
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$148,865

Purchase Details

Listed on
May 7, 2014
Closed on
Jun 30, 2014
Sold by
Sec Of Housing & Urb
Bought by
Pendley Bruce
Seller's Agent
Mandy Blankenship
Elite Real Estate Partners
Buyer's Agent
George McDowell
Berkshire Hathaway HomeServices Realty Center
List Price
$50,000
Sold Price
$45,001
Premium/Discount to List
-$4,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
298.10%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Ocwen Loan Servicing Llc
Bought by
Sec Of Housing & Urban Dev O

Purchase Details

Closed on
Mar 1, 1993
Bought by
Watts Chucky Ray and Watts Wf
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 $112,000 --
Foreclosure Deed $45,001 --
Warranty Deed -- --
Foreclosure Deed $139,856 --
Deed $57,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,696 FHA
Open $109,971 FHA
Previous Owner $125,459 FHA
Previous Owner $126,840 FHA
Previous Owner $120,582 FHA
Previous Owner $92,000 New Conventional
Previous Owner $23,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $112,000 -2.5% $83 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $114,900 +155.3% $86 / Sq Ft
06/30/2014 06/30/14 Sold $45,001 -10.0% $38 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $50,000 -- $43 / 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 $2,195 $83,444 $10,820 $72,624
2023 $1,794 $63,864 $10,820 $53,044
2022 $1,476 $52,543 $10,820 $41,723
2021 $1,408 $52,875 $11,152 $41,723
2020 $1,394 $47,205 $11,152 $36,053
2019 $1,408 $47,205 $11,152 $36,053
2018 $1,319 $42,075 $6,022 $36,053
2017 $1,283 $40,946 $6,022 $34,924
2016 $1,250 $38,170 $6,022 $32,148
2015 -- $34,598 $6,022 $28,576
2014 -- $28,590 $6,022 $22,568
2013 -- $29,150 $6,022 $23,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1210418

Greater Chattanooga REALTORS®

APN: 0002G-072