NOT LISTED FOR SALE

70 Lerae Rd Ringgold, GA 30736

Estimated Value: $246,259 - $299,000

3 Beds
2 Baths
1,196 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $89,900 $75 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,538/month

12 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • Ringgold Middle School Rated A-
  • Living Room
  • 4-minute walk to Elsie Holmes Nature Park

About This Home

As of June 2015

Seller very motivated. Seller is willing to pay up to $5000 of buyer's closing costs. Home qualifies for 100% USDA Rural Development Loan. Buyer could possibly purchase this home with no money down. This 3 bedroom, 2 full bath home is situated in a great location on a cul-de-sac street. Private backyard. Walking distance to Elsie Homes Nature Park. Full unfinished basement (968 sq. ft.) has potential for more living space and/or ample storage space. Central heat/air is only 2 years old. Seller will leave refrigerator. Call today to make appointment to see this one.

Last Agent to Sell the Property

George McDowell

Berkshire Hathaway HomeServices Realty Center License #255870 Listed on: 04/06/2015

Last Buyer's Agent

GLORIA ROBERTS

NON-MEMBER License #261205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1997

Lot Details

  • 0.47 Acre Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ringgold Elementary School
  • Ringgold Middle School
  • Ringgold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Brandon Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0050a 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: .47 acres
  • Subdivision Name: Brandon Ests
  • Directions: From Ooltewah Ringgold Rd., turn onto Saunders, turn right after crossing railroad tracks, Lerae Rd in Brandon Estates on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1196.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1997
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 0050a 003
  • Location Tax and Legal Elementary School: Ringgold Elementary
  • Location Tax and Legal Middle Or Junior School2: Ringgold Middle
  • Location Tax and Legal High School: Ringgold High School
  • Location Tax and Legal:Tax Annual Amount: 888.0
  • 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 Acres: 0.47
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Dimensions: .47 acres
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Flooring:Linoleum: Yes
  • Foundation Details BrickMortar: Yes
  • Foundation Details Stone2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Window Features: Window Treatments
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: None
  • Foundation Details: Brick/Mortar, Stone
  • Roof: Shingle
  • Exterior Features:None8: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ringgold Elementary
  • High School: Ringgold High School
  • Middle Or Junior School: Ringgold Middle

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Additional Parcels: No
  • Parcel #: 0050a 003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jun 2, 2015
Sold by
Culbreth William R
Bought by
Teems James M
Seller's Agent
George McDowell
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$263,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,915
Avg. Annual Appreciation
10.54%
Original Mortgage
$88,271
Outstanding Balance
$69,335
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$183,669

Purchase Details

Closed on
May 16, 1997
Bought by
Culbreth William R
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
Teems James M $89,900 --
Culbreth William R $79,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teems James M $88,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $89,900 0.0% $75 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $89,900 -- $75 / 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 $1,685 $78,988 $13,000 $65,988
2023 $1,378 $61,564 $13,000 $48,564
2022 $1,125 $50,260 $13,000 $37,260
2021 $1,014 $48,460 $11,200 $37,260
2020 $1,005 $43,443 $11,200 $32,243
2019 $1,016 $43,443 $11,200 $32,243
2018 $1,044 $42,243 $10,000 $32,243
2017 $1,019 $41,248 $10,000 $31,248
2016 $934 $38,356 $10,000 $28,356
2015 -- $39,739 $10,000 $29,739
2014 -- $39,739 $10,000 $29,739
2013 -- $39,738 $10,000 $29,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1225523

Greater Chattanooga REALTORS®

APN: 0050A-003