NOT LISTED FOR SALE

Estimated Value: $420,000 - $505,000

3 Beds
2 Baths
2,156 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $300,000 $139 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,619/month

13 Days on Market

Highlights

  • 11.6 Acre Lot
  • Wooded Lot
  • Bonus Room
  • East Hamilton Middle School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2021

This home is truly a ''diamond in the rough'', but loaded with charm. This is a well built home from 1937 with beautiful paneling in the living room, dining room, den and library. The rooms are large especially the formal dining room. You will love the massive stone fireplace in the den. The library has lots of built-in book shelves. There are 3 bedrooms and 2 full baths. All the appliances remain in the kitchen including the refrigerator as well as the washer and dryer; and the kitchen is loaded with cabinet space. There are hardwood floors throughout the home. Some rooms have carpet covering the hardwood. Adding to the charm are glass door knobs and beautiful woodwork. There is a 2 car garage with a covered breezeway to the house. Perhaps the biggest value in this property is that it comes with 11.6 acres all wooded with mostly hardwood trees. This property is directly across Banks Road from Mountain Shadows Subdivision. This would be a tremendous investment for a developer. The location is so convenient to all of East Brainerd. This is a unique sale--almost impossible now to find 11.6 acres available in East Brainerd. With some remodeling the home would be a show place. Call today to see this home.

Last Agent to Sell the Property

Bobby Colvin

Horizon Sotheby's International Realty License #251727 Listed on: 09/28/2020

Horizon Sotheby's International Realty

Last Buyer's Agent

Sonja Millard

Horizon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1937

Lot Details

  • 11.6 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Wood Frame Window
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room
  • Screened Porch
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Schools

  • Westview Elementary School
  • East Hamilton Middle School
  • East Hamilton High School

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 159e E 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.6
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: From I-75 go East on East Brainerd Road to the 9100 Block. Turn Left on Banks Road. Then turn left Left on Igou Gap Road. The home is the first one on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2156.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1937
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 159e E 001
  • Location Tax and Legal Elementary School: Westview Elementary
  • Location Tax and Legal Middle Or Junior School2: East Hamilton
  • Location Tax and Legal High School: East Hamilton
  • Location Tax and Legal:Tax Annual Amount: 1485.62
  • 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: 11.6
  • General Property Information Lot Size Square Feet2: 505296.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Wall Oven: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Flooring:Linoleum: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Split Bedrooms2: Yes
  • Foundation Details Stone2: Yes
  • Interior Features Breakfast Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Refrigerator, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Linoleum
  • Interior Amenities: Breakfast Room, Eat-in Kitchen, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Split Bedrooms, Tub/shower Combo
  • Window Features: Skylight(s), Storm Window(s), Window Treatments, Wood Frames
  • ResoLivingAreaSource: Estimated
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Lot Features: Corner Lot, Gentle Sloping, Level, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Porch, Porch - Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Storm Window(s): Yes
  • Window Features:Skylight(s): Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Westview Elementary
  • High School: East Hamilton
  • Middle Or Junior School: East Hamilton

Lot Info

  • Lot Size Sq Ft: 505296.0
  • Additional Parcels: No
  • Parcel #: 159e E 001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1485.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jan 11, 2021
Sold by
Stephen Pursley
Bought by
Allan Valenzuela and Allan Dawn Valenzuela
Seller's Agent
Bobby Colvin
Horizon Sotheby's International Realty
Buyer's Agent
Sonja Millard
Horizon Sotheby's International Realty
List Price
$370,000
Sold Price
$300,000
Premium/Discount to List
-$70,000
-18.92%
Current Estimated Value
$458,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,170
Avg. Annual Appreciation
9.60%
Original Mortgage
$225,000
Outstanding Balance
$201,731
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$256,439

Purchase Details

Closed on
Jul 17, 2012
Sold by
Pursley Phyllis and Pursley Stephen Edwin
Bought by
Pursley Stephen Edwin and Pursley Phyllis
Source: Public Records

Range of Values:

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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
Allan Valenzuela $300,000 Realty Center T&E Llc
Pursley Stephen Edwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Valenzuela $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $300,000 -18.9% $139 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $370,000 -- $172 / 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 $1,540 $68,850 $0 $0
2023 $1,549 $68,850 $0 $0
2022 $1,549 $68,850 $0 $0
2021 $1,549 $68,850 $0 $0
2020 $1,486 $53,400 $0 $0
2019 $1,486 $53,400 $0 $0
2018 $1,486 $53,400 $0 $0
2017 $1,486 $53,400 $0 $0
2016 $1,348 $0 $0 $0
2015 $1,348 $48,425 $0 $0
2014 $1,348 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1320576

Greater Chattanooga REALTORS®

APN: 159E-E-001