NOT LISTED FOR SALE

Estimated Value: $428,000 - $696,000

3 Beds
3.5 Baths
2,640 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $140,000 $53 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $3,367/month

36 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Brick Exterior Construction
  • Wood Flooring
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of April 2013

BANK OWNED Diamond in the rough 1910 brick home in Historic District of Fortwood. Some remodel completed so you can see the potential the home has to offer. Hardwoods, crown molding and cabinetry echo the history of this home. Beautiful Oak Street is in walking distance to UTC. Off street parking a plus with this home. Potential to create income producing property with R-3 zoning.

Last Agent to Sell the Property

Lisa Brown

Keller Williams Realty License #321895 Listed on: 02/22/2013

Keller Williams Realty

Last Buyer's Agent

Sandra Battles

Ed Blake Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,229

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Wood Flooring
  • No Kitchen Appliances
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Schools

  • Brown Academy Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 50 x 125
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fortwood Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 146 A D 033

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50 X 125
  • Subdivision Name: Fortwood
  • Directions: From McCallie Ave, Palmetto to Oak Street. 829 Oak will be on left. Parking is in rear off Clark. Risk of ticket if parking on street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2640.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1910
  • Location Tax and Legal Parcel Number2: 146 A D 033
  • Location Tax and Legal Elementary School: Brown Academy
  • Location Tax and Legal Middle Or Junior School2: Orchard Knob Middle
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • 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 Dimensions: 50 X 125
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: BANK OWNED Diamond in the rough 1910 brick home in Historic District of Fortwood. Some remodel completed so you can see the potential the home has to offer. Hardwoods, crown molding and cabinetry echo the history of this home. Beautiful Oak Street is in walking distance to UTC. Off street parking a plus with this home. Potential to create income producing property with R-3 zoning.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Tub/shower Combo
  • ResoLivingAreaSource: Appraiser
  • Community Features:Sidewalks: Yes
  • Basement:None3: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances:None2: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Brown Academy
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Parcel #: 146 A D 033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 18, 2013
Sold by
Northwest Georgia Bank
Bought by
Shepard Todd A
Seller's Agent
Lisa Brown
Keller Williams Realty
Buyer's Agent
Sandra Battles
Ed Blake Company
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%
Current Estimated Value
$609,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,944
Avg. Annual Appreciation
12.07%
Original Mortgage
$192,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2013
Sold by
Bailey Bruce B
Bought by
Northwest Georgia Bank

Purchase Details

Closed on
Nov 20, 1997
Sold by
White Jim A and White Janice R
Bought by
Casteel Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,250
Interest Rate
7.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shepard Todd A $140,000 Nw Ga Land Title
Northwest Georgia Bank $115,500 None Available
Casteel Janice M $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shepard Todd A $192,000
Previous Owner Casteel Janice M $115,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $140,000 -15.1% $53 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $164,900 -- $62 / 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
2025 $2,175 $143,475 $0 $0
2024 $1,875 $83,825 $0 $0
2023 $1,875 $83,825 $0 $0
2022 $1,875 $83,825 $0 $0
2021 $1,875 $83,825 $0 $0
2020 $1,415 $51,175 $0 $0
2019 $1,415 $51,175 $0 $0
2018 $1,292 $51,175 $0 $0
2017 $1,864 $67,400 $0 $0
2016 $1,182 $0 $0 $0
2015 $2,284 $42,750 $0 $0
2014 $2,284 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1190625

Greater Chattanooga REALTORS®

APN: 146A-D-033