NOT LISTED FOR SALE

Estimated Value: $226,000 - $257,000

2 Beds
1 Bath
1,496 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $70,000 $47 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,399/month

190 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • No HOA
  • 5.05 Acre Lot
  • Wood Flooring
  • Covered patio or porch

About This Home

As of May 2013

Located in a great location approximately one mile off 27, this home sits off the road for lots of privacy for the whole family. When you drive up the long drive you will be welcomed by a rocking chair front porch and the owners horses. Has new exterior log siding, large living room with a simulated fireplace, kitchen and dining has an unique rustic ceiling, plus a breakfast bar. Large laundry room, the office leads to the garage and can be used as a third bedroom. Next to the garage is an open carport. plus a bonus of a detached double car garage that is presently used for a workshop. It has 5.05 acres with a barn, storage shed for grain and a row of blueberry bushes. Owner installed new new roof in 2012 , new septic system in 2010, has a cellar, flu for a wood stove, 60+- gal. water heat er.

Last Listed By

Barbara Ashby

Crye-Leike, REALTORS License #258388 Listed on: 10/10/2012

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 1942

Lot Details

  • 5.05 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Library
  • Wood Flooring
  • Basement
  • Basement Cellar
  • Free-Standing Electric Range
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Schools

  • Rock Spring Elementary School
  • Lafayette Middle School
  • Lafayette High School

Farming

  • Barn

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0330-023
  • $33,508 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$819

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.05
  • Lot Size: 5.05 ACRES
  • Subdivision Name: None
  • Directions: From 2A S on Highway 27 toward LaFayette, go through Rock Springs, L East Reed Rd, house approximately 1 mile on left
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1496.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1942
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 0330-023
  • Location Tax and Legal Elementary School: Rock Spring Elementary
  • Location Tax and Legal Middle Or Junior School2: LaFayette Middle
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 819.0
  • 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: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 5.05
  • General Property Information Lot Size Square Feet2: 219978.0
  • General Property Information Lot Size Dimensions: 5.05 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:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: 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
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 33508.0
  • Patio And Porch Features Porch - Covered: Yes
  • Other Structures:Out Building: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater
  • Has Basement: Cellar
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tub/shower Combo
  • Window Features: Storm Window(s), Wood Frames
  • Basement:Cellar: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Log, Other
  • Foundation Details: Block
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Wood Frames: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Storm Window(s): Yes
  • Construction Materials:Log2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Rock Spring Elementary
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Lot Size Sq Ft: 219978.0
  • Additional Parcels: No
  • Parcel #: 0330-023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 819.0
  • Tax Other Annual Assessment Amount: 33508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
May 15, 2013
Sold by
Rhea Beverly G
Bought by
Manion Judith Ann and Manion Richard
Seller's Agent
Barbara Ashby
Crye-Leike, REALTORS
Buyer's Agent
Maggie Armstrong
Keller Williams Realty
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Total Days on Market
190
Current Estimated Value
$243,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,302
Avg. Annual Appreciation
10.93%
Original Mortgage
$63,000
Outstanding Balance
$45,281
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$198,021

Purchase Details

Closed on
Jul 10, 2012
Sold by
Ashby Barbara J
Bought by
Rhea Beverly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,085
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Rhea Beverly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Wardlaw Alexa L
Bought by
Coulter Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Johnson Reva J and Johnson Alexa L
Bought by
Wardlaw Alexa

Purchase Details

Closed on
Apr 24, 1985
Bought by
Hollis Hazel

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
Manion Judith Ann $70,000 --
Rhea Beverly G -- --
Rhea Beverly G -- --
Coulter Christopher G $99,900 --
Wardlaw Alexa -- --
Johnson Reva J $91,000 --
Hollis Hazel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manion Judith Ann $63,000
Previous Owner Rhea Beverly G $59,085
Previous Owner Rhea Beverly G $35,000
Previous Owner Coulter Christopher G $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $70,000 -12.4% $47 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
10/09/2012 10/09/12 For Sale $79,900 -- $53 / 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 $599 $80,588 $19,618 $60,970
2023 $574 $73,418 $15,569 $57,849
2022 $1,742 $70,895 $21,014 $49,881
2021 $1,421 $51,759 $16,261 $35,498
2020 $1,273 $44,413 $16,261 $28,152
2019 $1,296 $44,413 $16,261 $28,152
2018 $849 $32,078 $16,261 $15,817
2017 $1,048 $32,078 $16,261 $15,817
2016 $866 $32,078 $16,261 $15,817
2015 $986 $34,932 $16,728 $18,204
2014 $718 $29,599 $16,728 $12,871
2013 -- $33,508 $16,728 $16,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1185371

Greater Chattanooga REALTORS®

APN: 0330-023