NOT LISTED FOR SALE

831 Summit Ave Chattanooga, TN 37412

Estimated Value: $271,000 - $356,000

3 Beds
2 Baths
2,032 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2016

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

Est. 431% increase in value since last sale

Current estimated payment $1,744 / mo

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Walk-In Closet

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!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1960

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 80x145
  • Sloped Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,032 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances: Dishwasher
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Full, Finished
  • Building Area Units: Square Feet
  • Living Area: 2032
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Deck, Covered, Patio
  • Pool Private: No
  • Roof: Other
  • Topography: Sloped
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.27
  • Lot Size: 80X145
  • Lot Size Units: Acres
  • Parcel #: 156N G 005
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 945

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
May 27, 2016
Sold by
Bought by
List Price
$72,000
Sold Price
$57,500
Premium/Discount to List
-$14,500
-20.14%
Current Estimated Value
$305,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,723
Avg. Annual Appreciation
18.03%

Purchase Details

Closed on
Mar 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2012
Sold by
Bought by

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 22, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$57,500 None Available
$33,000 None Available
$39,029 None Available
$92,500 Pioneer Title Agency Inc
-- Pioneer Title Agency Inc
-- Owner Title Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- -- --
05/19/2016 05/19/16 For Sale $72,000 -- $35 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Map

Source: Realtracs

MLS Number: 3228197

Realtracs

APN: 156N-G-005

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