NOT LISTED FOR SALE

Estimated Value: $322,662 - $359,000

2 Beds
1 Bath
978 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $340,701 $348 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,003/month

Highlights

  • City View
  • Open Floorplan
  • Covered Patio or Porch
  • 0.42 Acre Lot
  • Main Floor Primary Bedroom
  • 2-minute walk to Water Tower Park

About This Home

As of August 2023

BOLD. DIFFERENT. MODERN. **Welcome to THE LAYOUTS** Brand new modern living in the heart of the SouthSide. Revitalization has filled the Southside with the art, culture, cuisine and entertainment that has come to define the city. The selection of restaurants in the Southside neighborhood will satisfy any diner's appetite, with the highest number of restaurants per capita in the city. On any given day, you can go to breakfast at Bluegrass Grill or Niedlov's Breadworks, grab lunch at Clyde's, Froth Monkey, STIR, Urban Stack, FEED, Main Street Meats, or settle in to a nice dinner at Alleia, Don't forget a great local selection of brewers and pubs including Play Wash Pint where you can enjoy a cold one with your four legged friends! Southside's nightlife offers eclectic entertainment. The Layouts is just steps away from all that the SouthSide has to offer! --- Lower level features living and kitchen area. Up the stairs to the second level, you'll find a large bedroom, bathroom and closet w/ laundry. The third level features a flex space that can be used as a second bedroom, office or entertaining. This flex space leads out to a large outdoor terrace. The perfect outdoor oasis. Onsite parking. Perfect home for urban dwelling professionals or investors. No HOA or Deed Restrictions on Airbnb including short-term/long-term rentals with the proper permits from the city. ZONED COMMERCIAL *** Information is deemed reliable but not guaranteed. Buyer to verify any and all info they deem important ***

Last Agent to Sell the Property

Ashley Burns

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4237184855 License #322881 Listed on: 07/15/2023

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Glenn Hogan

Real Estate Partners Chattanooga, LLC License #366347

Real Estate Partners Chattanooga, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 2020

Lot Details

  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 978 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • City Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 145L E 025 C016

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,840

Year Built

Built in 2020

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2020
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4237184855
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Microwave, Dryer, Disposal, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 978
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Irrigation System
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Metal
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.42
  • Lot Size: NA
  • Lot Size Units: Acres
  • Parcel #: 145L E 025 C016
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2840

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
Dec 1, 2021
Closed on
Dec 29, 2021
Sold by
Wakefield Spencer Gerald
Bought by
Grassi Gerard
Seller's Agent
Kelly Shikoh
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Ashley Burns
Real Estate Partners Chattanooga, LLC
List Price
$292,500
Sold Price
$292,500
Current Estimated Value
$337,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,166
Avg. Annual Appreciation
3.83%
Original Mortgage
$234,000
Outstanding Balance
$215,660
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$122,006

Purchase Details

Closed on
Jul 15, 2020
Sold by
Lps Partnersh Llc
Bought by
Wakefield Spencer Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Grassi Gerard $292,500 Title Guaranty & Trust Co
Wakefield Spencer Gerald $249,000 First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grassi Gerard $234,000
Previous Owner Wakefield Spencer Gerald $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $340,701 -2.6% $348 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $349,900 +19.6% $358 / Sq Ft
12/30/2021 12/30/21 Sold $292,500 0.0% $299 / Sq Ft View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $292,500 -- $299 / 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 $1,416 $63,300 $0 $0
2023 $1,416 $63,300 $0 $0
2022 $1,416 $63,300 $0 $0
2021 $1,416 $63,300 $0 $0
2020 $1,425 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2557300

Realtracs

APN: 145L-E-025-C016