NOT LISTED FOR SALE

601 Wood Ln Chattanooga, TN 37415

Estimated Value: $323,000 - $419,000

3 Beds
1.5 Baths
2,836 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $150,000 $53 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,050/month

89 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Workshop

About This Home

As of September 2014

This all brick home has been lovingly maintained. It has a large eat-in kitchen and a formal dining room that is shared with the living room. The den is located adjacent to the kitchen and has a gas log fireplace. The main areas have hardwood including the hallway, living room, kitchen and den. The bathrooms have tile flooring. The large deck on the back of the home has a gazebo on one end of it. The basement area is heated and cooled except for the garage area. Replaced windows with vinyl windows four years ago. Replaced the roof 2 years ago.

Last Agent to Sell the Property

Kimberly Tilly

Horizon Sotheby's International Realty License #288568 Listed on: 05/24/2014

Last Buyer's Agent

Lorraine Johnson

Education Registration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 143.5x171
  • Cul-De-Sac
  • Corner Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Workshop
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Outdoor Gas Grill

Schools

  • Alpine Crest Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ravenwood Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 109J J 002
  • $39,925 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 143.5X171
  • Subdivision Name: Ravenwood
  • Directions: North on Hixson Pike. Left on Ely Rd. Right onto Bitsy Ln. Take the 1st right onto Ravenwood Dr. Turn right to stay on Ravenwood. Slight Right onto Wood Lane.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2836.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1968
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 109J J 002
  • Location Tax and Legal Elementary School: Alpine Crest 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: 1645.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 143.5X171
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Wall Oven: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 39925.0
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Special Listing Conditions Trust: Yes
  • Brick and Stone Features All Brick: Yes
  • Other Equipment:Intercom: Yes
  • Other Structures Gazebo: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Microwave, Gas Water Heater, Gas Range, Disposal, Dishwasher, Convection Oven
  • Other Equipment: Intercom
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Separate Dining Room, Separate Shower, Tub/shower Combo
  • Window Features: Insulated Windows, Window Treatments
  • ResoLivingAreaSource: Estimated
  • Basement:Unfinished: Yes
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Gas Grill
  • Foundation Details: Brick/Mortar
  • Other Structures: Gazebo
  • Patio And Porch Features: 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
  • Lot Features:Gentle Sloping: Yes
  • Exterior Features:Gas Grill: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 109J J 002

Tax Info

  • Tax Annual Amount: 1645.0
  • Tax Other Annual Assessment Amount: 39925.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2014
Closed on
Sep 16, 2014
Sold by
Gaither Tim and Gaither Patsy M
Bought by
Neil Eddie Lee O and Neil Lily M O
Seller's Agent
Kimberly Tilly
Horizon Sotheby's International Realty
Buyer's Agent
Lorraine Johnson
Education Registration
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$364,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,435
Avg. Annual Appreciation
9.05%
Original Mortgage
$120,000
Outstanding Balance
$94,155
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$295,345
Source: Public Records

Range of Values:

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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
Neil Eddie Lee O $150,000 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neil Eddie Lee O $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2014 09/16/14 Sold $150,000 -9.1% $53 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $165,000 -- $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 $1,295 $57,900 $0 $0
2023 $2,332 $57,900 $0 $0
2022 $1,972 $57,900 $0 $0
2021 $2,164 $57,900 $0 $0
2020 $1,933 $41,025 $0 $0
2019 $1,933 $41,025 $0 $0
2018 $1,933 $41,025 $0 $0
2017 $1,848 $41,025 $0 $0
2016 $1,871 $0 $0 $0
2015 $1,871 $39,925 $0 $0
2014 $1,871 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1211465

Greater Chattanooga REALTORS®

APN: 109J-J-022