NOT LISTED FOR SALE

8937 Drake Parkway Rd Chattanooga, TN 37416

Estimated Value: $260,000 - $301,000

3 Beds
2 Baths
1,354 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $129,900 $96 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,623/month

35 Days on Market

Highlights

  • 1.84 Acre Lot
  • Porch
  • Cooling Available
  • No HOA
  • 1 Car Attached Garage
  • Central Heating

About This Home

As of September 2016

Welcome to 8937 Drake Parkway Rd! One of the most affordable move in ready homes that the city of Chattanooga has to offer! This 3 bedroom 2 full bath home, including a full finished basement, is just minutes to Downtown Chattanooga and a central hub to some of Chattanooga's greatest attractions and the Tennessee River. This home is COMPLETELY UPDATED with a full finished tile shower and new vanities in the master bath and guest bath, new flooring throughout, a brand new roof, fully serviced HVAC unit, new granite counter tops in kitchen, a fully updated kitchen with new appliances, freshly tiled laundry room, and new paint through out just to name a few updates. The front porch has been completely redone for a more inviting and spacey entry. The downstairs basement is a perfect spot for media room and/or extra living area. This home also includes a complete screened in back porch off the kitchen and an attached garage off of the laundry/mud room. This home is another signature High Cotton Real Estate Investments home that insures quality throughout. Home is also available for lease and listed on Rental MLS for $1,600 a month. Schedule a showing today!

Last Agent to Sell the Property

Belinda Winslett

BHGRE Signature Brokers License #282054 Listed on: 07/08/2016

BHGRE Signature Brokers

Co-Listed By

Joey Winslett

BHGRE Signature Brokers License #330003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1970

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 80x226.8

Parking

  • 1 Car Attached Garage

Interior Spaces

  • Property has 2 Levels
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Waconda Shore Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120D B 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Raised Ranch
  • Year Built: 1970
  • Unit Levels: Two
  • Year Built Details: EXIST
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: None
  • Fireplace: No
  • Flooring: Carpet, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 1076
  • Below Grade Sq Ft: 278
  • Building Area Units: Square Feet
  • Living Area: 1354
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 1.84
  • Lot Size: 80X226.8
  • Lot Size Units: Acres
  • Parcel #: 120D B 018
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 632

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
Jul 8, 2016
Closed on
Sep 23, 2016
Sold by
High Cotton Real Estate Investments Llc
Bought by
Leonard Marcus Mayea and Leonard Rachel
Seller's Agent
Belinda Winslett
BHGRE Signature Brokers
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Current Estimated Value
$282,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,997
Avg. Annual Appreciation
8.89%
Original Mortgage
$126,003
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 29, 2016
Sold by
Fannie Mae
Bought by
High Cotton Real Estate Investment Llc
Seller's Agent
Jennifer Stafford
Blue Key Properties LLC
Buyer's Agent
Joey Winslett
Better Homes and Gardens Real Estate Signature Brokers
List Price
$62,000
Sold Price
$68,553
Premium/Discount to List
$6,553
10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
278.70%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Stephens Mildred D
Bought by
Federal National Mortgage Association and Onewest Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leonard Marcus Mayea $129,900 Realty Title And Escrow Serv
High Cotton Real Estate Investment Llc $82,263 Us Title
Federal National Mortgage Association $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Marcus Mayea $141,200
Closed Leonard Marcus Mayea $126,003
Previous Owner Stephens Mildred D $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $129,900 -7.1% $96 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $139,900 +104.1% $103 / Sq Ft
03/30/2016 03/30/16 Sold $68,553 +10.6% $51 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $62,000 -- $46 / 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 $979 $43,775 $0 $0
2023 $988 $43,775 $0 $0
2022 $988 $43,775 $0 $0
2021 $988 $43,775 $0 $0
2020 $911 $32,625 $0 $0
2019 $911 $32,625 $0 $0
2018 $911 $32,625 $0 $0
2017 $911 $32,625 $0 $0
2016 $632 $0 $0 $0
2015 $632 $22,525 $0 $0
2014 $632 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Belinda Winslett

    BHGRE Signature Brokers

    (423) 362-4444

    11 in this area

    157 Total Sales

    Belinda Winslett
    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Stafford

    Blue Key Properties LLC

    (423) 877-1966

    37 Total Sales

    Jennifer Stafford
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Joey Winslett

    BHGRE Signature Brokers

    (423) 362-4444

    2 in this area

    128 Total Sales

    Joey Winslett
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2499031

Realtracs

APN: 120D-B-018

Tennessee Hamilton County Chattanooga 37416

8937 Drake Parkway Rd, Chattanooga, TN

This home is located at 8937 Drake Parkway Rd, Chattanooga, TN 37416 since 08 July 2016 and is currently estimated at $282,897, approximately $208 per square foot. This property was built in 1970. 8937 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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