NOT LISTED FOR SALE

Estimated Value: $753,032 - $922,000

2 Beds
2 Baths
1,864 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $750,000 $402 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,338/month

39 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 2 Car Attached Garage
  • 1.11 Acre Lot
  • Covered Patio or Porch
  • 1-minute walk to Ross's Landing Park

About This Home

As of April 2024

Big things really do come in smaller packages when you call Loveman's on Market home. No Chattanooga condo lives more conveniently, bigger or more sophisticated as 506 in Loveman's.

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 01/24/2024

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Rana Clark

Greater Chattanooga Realty, Keller Williams Realty License #404890,356685

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,903

Year Built

  • Built in 2003

Lot Details

  • 1.11 Acre Lot

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • Lovemans On Market Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145DAC 001 C503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,903

Year Built

Built in 2003

Lot Details

0

HOA Fees

$492 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 2003
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4233644663
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Washer, Trash Compactor, Refrigerator, Microwave, Dryer, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1864
  • Building Area Units: Square Feet
  • Living Area: 1864
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Stone, Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Other
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

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

  • Association Fee: 492
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Thermostat, Windows

Lot Info

  • Lot Size Acres: 1.11
  • Lot Size Units: Acres
  • Parcel #: 145DAC 001 C503
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4903

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
Jan 24, 2024
Closed on
Apr 1, 2024
Sold by
Parker Phillip A and Parker Cheryl M
Bought by
Gupta Priyadarshan and Patel Ruby
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Rana Clark
Greater Chattanooga Realty, Keller Williams Realty
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
5
Current Estimated Value
$852,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,008
Avg. Annual Appreciation
7.65%
Original Mortgage
$675,000
Outstanding Balance
$653,085
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$177,822

Purchase Details

Listed on
Jan 11, 2018
Closed on
Feb 21, 2018
Sold by
Sahadi David
Bought by
Parker Phillip A and Parker Cheryl M
Seller's Agent
Belinda Winslett
BHGRE Signature Brokers
List Price
$448,000
Sold Price
$415,000
Premium/Discount to List
-$33,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Oct 21, 2016
Sold by
Foste Gordon D
Bought by
Se First Holdings Llc

Purchase Details

Closed on
Mar 25, 2008
Sold by
Lovemans On Market Llc
Bought by
Brown Darlene G

Purchase Details

Closed on
Mar 3, 2006
Sold by
Chamberlain Richard D
Bought by
Sahadi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2003
Sold by
Lovemans On Market Llc
Bought by
Stewart James A and Stewart Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Lovemans On Market Llc
Bought by
Baker Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Lovemans On Market Llc
Bought by
Kelley Gary Lee and Kelley Janelle Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
800 Market Properties Llc
Bought by
Lovemans On Market Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2001
Sold by
Inc Tr Milligan Reynolds Guaranty Title Ag
Bought by
Town Centre Llc

Purchase Details

Closed on
Apr 6, 2000
Sold by
Town Centre Llc
Bought by
Milligan Reynolds Guaranty Title Agency

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,076,000
Interest Rate
8.34%
Mortgage Type
Seller Take Back
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
Gupta Priyadarshan $750,000 Cumberland Title & Guaranty
Parker Phillip A $415,000 First Choice Title Inc
Se First Holdings Llc $294,274 None Available
Brown Darlene G $200,000 Legal Title
Sahadi David $370,000 Legal Title
Stewart James A $305,000 Legal Title & Escrow Inc
Baker Marilyn $366,139 Legal Title & Escrow Inc
Chamberlain Richard D $340,000 Legal Title & Escrow Inc
Kelley Gary Lee $405,000 Legal Title & Escrow Inc
Lovemans On Market Llc -- Legal Title & Escrow Inc
Town Centre Llc -- --
Milligan Reynolds Guaranty Title Agency $2,076,000 --
Town Centre Llc $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Priyadarshan $675,000
Previous Owner Sahadi David $296,000
Previous Owner Stewart James A $244,000
Previous Owner Chamberlain Richard D $272,000
Previous Owner Baker Marilyn $278,000
Previous Owner Kelley Gary Lee $320,000
Previous Owner Lovemans On Market Llc $6,650,000
Previous Owner Milligan Reynolds Guaranty Title Agency $2,076,000
Closed Lovemans On Market Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $750,000 -3.2% $402 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $775,000 +86.7% $416 / Sq Ft
02/21/2018 02/21/18 Sold $415,000 -7.4% $228 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $448,000 -- $246 / 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 $2,444 $109,260 $0 $0
2023 $2,444 $109,260 $0 $0
2022 $2,444 $109,260 $0 $0
2021 $2,444 $109,260 $0 $0
2020 $2,267 $82,000 $0 $0
2019 $2,267 $82,000 $0 $0
2018 $1,994 $82,000 $0 $0
2017 $2,267 $82,000 $0 $0
2016 $2,267 $0 $0 $0
2015 $4,276 $0 $0 $0
2014 $4,276 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2638156

Realtracs

APN: 145DA-C-001-C-503