NOT LISTED FOR SALE

831 Summit Ave Chattanooga, TN 37412

Estimated Value: $277,000 - $348,000

3 Beds
2 Baths
2,032 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2016

Last sale price $57,500 $28 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $1,681 / mo

10 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Deck
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of May 2016

Great investment opportunity, one level over full finished basement. Many improvements already completed. There is room downstairs for two additional bedrooms, family room and even a possible kitchen. There is a separate entry way downstairs and full bath. (currently bath is not functional,not hooked up) Come see all the possibilities today!

Last Agent to Sell the Property

Nicholle Graham

Crye-Leike, REALTORS License #324751 Listed on: 05/09/2016

Crye-Leike, REALTORS

Last Buyer's Agent

Lisa Holley

Crye-Leike REALTORS License #316395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 80x145
  • Sloped Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 156n G 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1960

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80X145
  • Subdivision Name: None
  • Directions: From Ringgold Rd, turn right onto Old Ringgold Rd, take right on Poindexter, left onto Summit, home will be on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2032.0
  • New Construction: No
  • Year Built: 1960
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 156n G 005
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal Middle Or Junior School2: East Ridge
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 944.92
  • 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: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 80X145
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Great investment opportunity, one level over full finished basement. Many improvements already completed. There is room downstairs for two additional bedrooms, family room and even a possible kitchen. There is a separate entry way downstairs and full bath. (currently bath is not functional,not hooked up) Come see all the possibilities today!
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Cooling:Window Unit(s): Yes
  • Brick and Stone Features Partial Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Interior Amenities: Open Floorplan, Pantry, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Aluminum Frames
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Lot Features: Sloped
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge

Lot Info

  • Additional Parcels: No
  • Parcel #: 156n G 005

Tax Info

  • Tax Annual Amount: 944.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
May 27, 2016
Sold by
Morgan George
Bought by
Teague Tim F
Seller's Agent
Nicholle Graham
Crye-Leike, REALTORS
Buyer's Agent
Lisa Holley
Crye-Leike REALTORS
List Price
$72,000
Sold Price
$57,500
Premium/Discount to List
-$14,500
-20.14%
Current Estimated Value
$300,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,103
Avg. Annual Appreciation
18.10%

Purchase Details

Closed on
Mar 20, 2013
Sold by
Hsbc Mortgage Services Inc
Bought by
Morgan George

Purchase Details

Closed on
Aug 1, 2012
Sold by
Haynes Sanford L and Haynes Janey Marie
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
May 31, 2006
Sold by
Parker Harry A
Bought by
Haynes Sanford L and Haynes Janey Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
Hugles Florence M and Rogers Linda H
Bought by
Hughes Florence M and Parker Harry A

Purchase Details

Closed on
Mar 22, 2001
Sold by
Parker Harry A
Bought by
Parker Harry A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teague Tim F $57,500 None Available
Morgan George $33,000 None Available
Hsbc Mortgage Services Inc $39,029 None Available
Haynes Sanford L $92,500 Pioneer Title Agency Inc
Parker Harry A -- Pioneer Title Agency Inc
Hughes Florence M -- Owner Title Agency
Parker Harry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haynes Sanford L $92,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $57,500 -20.1% $28 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $72,000 -- $35 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,180 $77,875 $0 $0
2024 $916 $40,925 $0 $0
2023 $1,436 $40,925 $0 $0
2022 $1,436 $40,925 $0 $0
2021 $1,616 $40,925 $0 $0
2020 $962 $18,850 $0 $0
2019 $962 $18,850 $0 $0
2018 $962 $18,850 $0 $0
2017 $962 $18,850 $0 $0
2016 $945 $0 $0 $0
2015 $945 $18,050 $0 $0
2014 $1,065 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1245783

Greater Chattanooga REALTORS®

APN: 156N-G-005

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