NOT LISTED FOR SALE

845 8th St NE Cleveland, TN 37311

Estimated Value: $237,000 - $313,591

2 Beds
1 Bath
1,924 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $165,000 $86 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,511/month

40 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Formal Dining Room

About This Home

As of November 2021

INVESTORS CHECK THIS OUT! Lots of potential with here for the savvy investor. Located 1/2 mile from the Lee University campus, this property includes a house, a garage apartment and 2 additional lots. Zoned R-3, there is potential for a quad on one lot that measures 135x140 and another unit on the other lot that measures 60x145. In the 1924 sf main house there are hardwood floors under the carpet and space to potentially add another bedroom. The garage apartment is currently rented for $550/month and is 2 bedroom and 1 bath. It has hardwood floors and the stove and refrigerator stay with the unit. It also includes a washer/dryer hookup in the garage and a new water heater and newer HVAC. There is also. a storm cellar behind the main house. Property to be sold AS IS.

Last Agent to Sell the Property

Paul Ramsey

Crye-Leike, REALTORS License #252207 Listed on: 09/11/2021

Crye-Leike, REALTORS

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1924

Lot Details

  • 1.1 Acre Lot
  • Fenced
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 1 Carport Space

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • 1.5-Story Property
  • Wood Frame Window
  • Aluminum Window Frames
  • Formal Dining Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

  • Mayfield Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050p M 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 99x206; 60x145, 135x140
  • Subdivision Name: None
  • Directions: From Ocoee St turn east on 8th St and travel approximately 1 mile. Property is on the right. SOP
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One, One and One Half
  • Living Area: 1924.0
  • New Construction: No
  • Year Built: 1924
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 050p M 010.00
  • Location Tax and Legal Elementary School: Mayfield
  • Location Tax and Legal Middle Or Junior School2: Cleveland Middle
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 1565.0
  • 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: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 1.1
  • General Property Information Lot Size Square Feet2: 47916.0
  • General Property Information Lot Size Dimensions: 99x206; 60x145, 135x140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Carport Spaces2: 1.0
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Interior Features Separate Dining Room: Yes
  • Flooring:Linoleum: Yes
  • Levels:One and One Half: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Linoleum
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Tub/shower Combo
  • Window Features: Aluminum Frames, Wood Frames
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Metal
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Aluminum Frames: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Mayfield
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Additional Parcels: No
  • Parcel #: 050p M 010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1565.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 22, 2021
Sold by
Swafford Cathey D and Swafford Mitchell S
Bought by
Tassinari Joseph Michael and Tassinari Wendie
Seller's Agent
Paul Ramsey
Crye-Leike, REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$299,900
Sold Price
$165,000
Premium/Discount to List
-$134,900
-44.98%
Current Estimated Value
$267,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,148
Avg. Annual Appreciation
13.85%
Original Mortgage
$100,000
Outstanding Balance
$81,548
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$188,925

Purchase Details

Closed on
Jun 2, 2014
Sold by
Stevenson Shirley
Bought by
Swafford Cathey D and Stevenson Mitchell S
Source: Public Records

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
Tassinari Joseph Michael $165,000 Reality T&E Svcs Inc
Swafford Cathey D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tassinari Joseph Michael $100,000
Previous Owner Stevenson Shirley M $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $165,000 -45.0% $86 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $299,900 -- $156 / 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 $789 $54,800 $4,350 $50,450
2023 $1,728 $54,800 $4,350 $50,450
2022 $1,728 $54,800 $4,350 $50,450
2021 $1,481 $51,450 $0 $0
2020 $1,324 $51,450 $0 $0
2019 $1,324 $35,125 $0 $0
2018 $1,448 $0 $0 $0
2017 $724 $0 $0 $0
2016 $1,421 $0 $0 $0
2015 $1,366 $0 $0 $0
2014 $686 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1343026

Greater Chattanooga REALTORS®

APN: 050P-M-010.00