NOT LISTED FOR SALE

Estimated Value: $323,000 - $373,000

2 Beds
1 Bath
956 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $346,000 $362 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,976/month

77 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Dehumidifier
  • Separate Formal Living Room
  • Porch
  • Tankless Water Heater

About This Home

As of March 2023

Back on market due to Buyers Financing. Welcome home to 723 Federal Street, a beautiful 2 bedroom, 1 bathroom home set in a great neighborhood in North Chattanooga! This home boasts beautiful, low-maintenance landscaping, a welcoming screened-in front porch which would make a great place to enjoy a morning coffee. The private porch has a porch swing as well as a tongue and groove ceiling along with a french door entrance. Step inside and you'll find a quaint living room with original painted brick fireplace and beautiful windows. Adjacent to the living room, you'll find a spacious dining room with enough space for a work-at-home area. The family chef will absolutely love this newly renovated kitchen with custom cabinetry, stainless appliances, subway tile backsplash, and beautiful countertops. The bathroom has also been freshly updated along with the laundry room. Step inside the primary bedroom which features plenty of natural light as well as a double closet. The second bedroom has great windows as well as a built-in closet. Outside, you'll enjoy the large, fenced backyard with firepit area. This home has been well-cared for and is set in a great location. Local lenders preferred. Schedule your showing today!

Last Agent to Sell the Property

Sarah Brogdon

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232904416 License #324028 Listed on: 11/25/2022

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Linda Brock

Real Estate Partners Chattanooga, LLC License #258780

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x155.2
  • Sloped Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 956 Sq Ft Home
  • Property has 3 Levels
  • Separate Formal Living Room
  • Den with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Dehumidifier
  • Central Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • North Chatt Map No2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127P B 028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,539

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4232904416
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Dehumidifier
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 956
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • 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

  • Amenities: Sidewalks
  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Tankless Water Heater, Thermostat

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.21
  • Lot Size: 60X155.2
  • Lot Size Units: Acres
  • Parcel #: 127P B 028
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2539

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Mar 8, 2023
Sold by
Kolb Richard Ervin
Bought by
Stoker William B and Martin Adrienne M
Seller's Agent
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
List Price
$350,000
Sold Price
$346,000
Premium/Discount to List
-$4,000
-1.14%
Views
12
Current Estimated Value
$352,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,439
Avg. Annual Appreciation
0.71%
Original Mortgage
$311,400
Outstanding Balance
$250,396
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$102,043

Purchase Details

Closed on
Jun 14, 2021
Sold by
Walker William M
Bought by
Kolb Richard Ervin and Kolb Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,480
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 7, 2018
Sold by
Perry Emily M and Perry Jay
Bought by
Walker William M
Seller's Agent
Bekah Cochran
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Matthew Mucciolo
RE/MAX Properties
List Price
$167,000
Sold Price
$170,000
Premium/Discount to List
$3,000
1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$161,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2010
Sold by
Wright James B and Wright Debra C
Bought by
Perry Emily M and Perry Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Jullienne Tracey Wilson and Wilson Tracey
Bought by
Wright James B and Wright Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,605
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1995
Bought by
Douglas Corn Richard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stoker William B $346,000 None Listed On Document
Stoker William B $346,000 None Listed On Document
Kolb Richard Ervin -- None Listed On Document
Kolb Richard Ervin $203,100 Team Title Services Llc
Walker William M $170,000 Jones Raulston Title Ins Agc
Perry Emily M $132,000 Title Guaranty & Trust Co
Wright James B $126,000 None Available
Douglas Corn Richard $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoker William B $311,400
Closed Stoker William B $311,400
Previous Owner Kolb Richard Ervin $162,480
Previous Owner Walker William M $161,500
Previous Owner Perry Emily M $105,600
Previous Owner Wright James B $108,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $346,000 -1.1% $362 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
11/25/2022 11/25/22 For Sale $350,000 +105.9% $366 / Sq Ft
08/07/2018 08/07/18 Sold $170,000 +1.8% $178 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $167,000 -- $175 / 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
2024 $1,266 $56,575 $0 $0
2023 $1,266 $56,575 $0 $0
2022 $1,266 $56,575 $0 $0
2021 $1,266 $56,575 $0 $0
2020 $1,293 $46,775 $0 $0
2019 $1,293 $46,775 $0 $0
2018 $1,192 $46,775 $0 $0
2017 $1,293 $46,775 $0 $0
2016 $662 $0 $0 $0
2015 $1,329 $23,925 $0 $0
2014 $1,329 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2716031

Realtracs

APN: 127P-B-028