NOT LISTED FOR SALE

8513 Walnut Rd Hixson, TN 37343

Estimated Value: $191,000 - $318,000

3 Beds
2 Baths
1,581 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $72,500 $46 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,437/month

48 Days on Market

Highlights

  • 0.9 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Loftis Middle School Rated A-
  • 1 Fireplace
  • Corner Lot

About This Home

As of March 2016

Peaceful rural setting only minutes to Hixson Pike shopping, Soddy Daisy and Northgate Mall. Large lot is almost an acre with lots of room for a garden, pets or kids to play. Bonus room can be used as 4th bedroom. Great exterior appeal with large front porch and 2 side entrances. Interior is ready for you to decorate and update as you like. Some repairs needed. Condition of mechanical systems is unknown. Buyer should verify any information in the MLS. House is winterized. Buyer to pay cost of De-Winterizing $60.00 Accepted contract Pending signatures.

Last Agent to Sell the Property

Larry Tankersley

Chattanooga Real Estate Co License #240678 Listed on: 01/08/2016

Last Buyer's Agent

Carl Nichols

Realty Group License #208435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $749

Year Built

  • Built in 1950

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 123 x 317
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Basement
  • Basement Cellar
  • No Kitchen Appliances
  • Laundry closet
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mcconnell Elementary School
  • Loftis Middle School
  • Soddy-Daisy High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Chatt Garden Farms Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number O740b010
  • $27,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$749

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: 123 X 317
  • Subdivision Name: Chatt Garden Farms
  • Directions: Hixson Pk north, left on Middle Valley Rd to fork at Walnut Rd, Right on Walnut - house on Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1581.0
  • New Construction: No
  • Year Built: 1950
  • Location Tax and Legal Parcel Number2: O740b010
  • Location Tax and Legal Elementary School: McConnell Elementary
  • Location Tax and Legal Middle Or Junior School2: Loftis Middle
  • Location Tax and Legal High School: Soddy-Daisy High
  • Location Tax and Legal:Tax Annual Amount: 748.6
  • 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: No
  • General Property Information Lot Size Acres: 0.9
  • General Property Information Lot Size Square Feet2: 39204.0
  • General Property Information Lot Size Dimensions: 123 X 317
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Remarks and Miscellaneous Public Remarks2: Peaceful rural setting only minutes to Hixson Pike shopping, Soddy Daisy and Northgate Mall. Large lot is almost an acre with lots of room for a garden, pets or kids to play. Bonus room can be used as 4th bedroom. Great exterior appeal with large front porch and 2 side entrances. Interior is ready for you to decorate and update as you like. Some repairs needed. Condition of mechanical systems is unknown. Buyer should verify any information in the MLS. House is winterized. Buyer to pay cost of De-Winterizing $60.00 Accepted contract Pending signatures.
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Laundry Closet: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Interior Features Separate Dining Room: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 27000.0
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Foundation Details Stone2: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Cellar
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Connected Shared Bathroom, Separate Dining Room
  • Window Features: Insulated Windows
  • Basement:Cellar: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Corner Lot, Gentle Sloping, Level, Sloped
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: McConnell Elementary
  • High School: Soddy-Daisy High
  • Middle Or Junior School: Loftis Middle

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Additional Parcels: No
  • Parcel #: O740b010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 748.6
  • Tax Other Annual Assessment Amount: 27000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Smithson Amber Lee and Smithson Daniel R
Bought by
Smithson Amber Lee
Current Estimated Value
$265,653

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 4, 2016
Sold by
Lpp Mortgage Ltd
Bought by
Smithson Daniel R and Smithson Amber L
Seller's Agent
Larry Tankersley
Chattanooga Real Estate Co
Buyer's Agent
Carl Nichols
Realty Group
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$80,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Laymon Michael D and Laymon Stacy R
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Nov 12, 2003
Sold by
Cornelius Philip and Napier Ralph
Bought by
Laymon Michael D and Laymon Stacy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
10.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1999
Sold by
United Companies Lending Corp
Bought by
Cornelius Philip and Napier Ralph

Purchase Details

Closed on
Mar 23, 1998
Sold by
Mayes Hazel P
Bought by
United Companies Lending Corp
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
Smithson Amber Lee -- None Listed On Document
Smithson Daniel R $73,500 None Available
Lpp Mortgage Ltd $96,000 None Available
Laymon Michael D $94,000 First Title
Cornelius Philip $32,500 --
United Companies Lending Corp $67,882 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smithson Daniel R $80,000
Previous Owner Laymon Michael D $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2016 03/04/16 Sold $72,500 -19.4% $46 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $89,900 -- $57 / 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 $683 $45,075 $0 $0
2024 $740 $33,075 $0 $0
2023 $749 $33,075 $0 $0
2022 $749 $33,075 $0 $0
2021 $749 $33,075 $0 $0
2020 $769 $27,475 $0 $0
2019 $769 $27,475 $0 $0
2018 $769 $27,475 $0 $0
2017 $769 $27,475 $0 $0
2016 $756 $0 $0 $0
2015 $756 $27,000 $0 $0
2014 $756 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1239253

Greater Chattanooga REALTORS®

APN: 074O-B-010

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