NOT LISTED FOR SALE

8918 Drake Parkway Rd Chattanooga, TN 37416

Estimated Value: $251,000 - $284,000

5 Beds
3 Baths
1,518 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $158,000 $104 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,522/month

190 Days on Market

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • Contemporary Architecture
  • Porch
  • Cooling Available

About This Home

As of March 2020

Move-in ready five bedroom three bathroom home that has been freshly updated inside and out! Don't miss your opportunity to see this home conveniently located off Highway 58 in Chattanooga close to Highway 153 and I-75.

Last Agent to Sell the Property

Geoff Ramsey

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232275564 License #251055 Listed on: 08/07/2019

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1969

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x138.9

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,518 Sq Ft Home
  • Property has 3 Levels
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Harrison Elementary School
  • Brown Middle School
  • Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Waconda Shore Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121A A 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1969
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4232275564
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1518
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 75X138.9
  • Lot Size Units: Acres
  • Parcel #: 121A A 020
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 605

MLS Schools

  • Elementary School: Harrison Elementary School
  • High School: Central High School
  • Middle Or Junior School: Brown Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Mar 12, 2020
Sold by
Thomas Lisa G and Lovvorn Sean M
Bought by
Prather Shannon K and Prather Deanna
Seller's Agent
Geoff Ramsey
Real Estate Partners Chattanooga, LLC
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Current Estimated Value
$271,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,925
Avg. Annual Appreciation
10.66%
Original Mortgage
$163,688
Outstanding Balance
$146,517
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$129,854

Purchase Details

Closed on
Oct 12, 2015
Sold by
Thomas Lisa Gail and Lovvorn Sean Mark
Bought by
Lovvorn James Eric
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
Prather Shannon K $158,000 Reli Settlement Sln Llc
Lovvorn James Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prather Shannon K $163,688
Previous Owner Lovvorn Roland M $25,000
Previous Owner Lovvorn Roland M $51,000
Previous Owner Lovvorn Roland M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $158,000 -9.7% $104 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
08/07/2019 08/07/19 For Sale $175,000 -- $115 / Sq Ft
Source: Realtracs

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 $877 $39,200 $0 $0
2023 $886 $39,200 $0 $0
2022 $886 $39,200 $0 $0
2021 $886 $39,200 $0 $0
2020 $605 $21,550 $0 $0
2019 $605 $21,550 $0 $0
2018 $605 $21,550 $0 $0
2017 $605 $21,550 $0 $0
2016 $600 $0 $0 $0
2015 $600 $21,375 $0 $0
2014 $600 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geoff Ramsey

    Seller's Agent in 2020

    Geoff Ramsey

    Real Estate Partners Chattanooga, LLC

    (423) 227-5564

    7 in this area

    270 Total Sales

    Geoff Ramsey
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Map

Source: Realtracs

MLS Number: 2590356

Realtracs

APN: 121A-A-020

Tennessee Hamilton County Chattanooga 37416

8918 Drake Parkway Rd, Chattanooga, TN

This home is located at 8918 Drake Parkway Rd, Chattanooga, TN 37416 since 07 August 2019 and is currently estimated at $271,925, approximately $179 per square foot. This property was built in 1969. 8918 Drake Parkway Rd is a home located in Hamilton County with nearby schools including Harrison Elementary School, Brown Middle School, and Central High School.

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