NOT LISTED FOR SALE

8940 Bay View Dr Chattanooga, TN 37416

Estimated Value: $253,000 - $277,000

3 Beds
2 Baths
1,419 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $147,000 $104 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,532/month

4 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2020

Coming Soon! Welcome to 8940 Bayview Drive. This 3 bedroom, 2 bath home is located just minutes to the lake and HWY-58. Step inside to the living room with windows that bring in plenty of natural light. The kitchen has stainless appliances, plenty of cabinet and counter space and dining area. The owners suite bedroom has a full bath. There are 2 additional good sized bedrooms and full bath on the main level. Step downstairs to the den.family room. The basement has plenty of storage space and laundry area. The kids and pets will love to run and play in the back yard. This home has been well maintained and is ready for new owners. Make your appointment for your private showing today. Purchase with confidence as this home comes with a 1 YEAR HOME WARRANTY! SPECIAL FINANCING AVAILABLE ON THIS HOME COULD SAVE YOU APPROXIMATELY $1300 WITH THE ZERO PLUS LOAN, CONTACT AGENT FOR DETAILS. Personal Interest Disclosure- The Agent is related to the Sellers.

Last Buyer's Agent

Tim West

Greater Chattanooga Realty, Keller Williams Realty License #283095

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 127 x 128.2

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,419 Sq Ft Home
  • Property has 1 Level
  • Separate Formal Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 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
  • Bay View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111M D 035

Home Details

Home Type

Single Family

Est. Annual Taxes

$680

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Unit Levels: One
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1419
  • Building Area Units: Square Feet
  • Living Area: 1419
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio, Porch
  • 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

  • Sewer: Septic Tank
  • 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
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.27
  • Lot Size: 127 X 128.2
  • Lot Size Units: Acres
  • Parcel #: 111M D 035
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 680

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
Jun 4, 2020
Closed on
Jul 9, 2020
Sold by
Elmore Heather T and Elmore Bobby
Bought by
Reel Wayne C and Reel Stephanie R
Buyer's Agent
Tim West
Greater Chattanooga Realty, Keller Williams Realty
List Price
$130,000
Sold Price
$147,000
Premium/Discount to List
$17,000
13.08%
Current Estimated Value
$263,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,825
Avg. Annual Appreciation
11.95%
Original Mortgage
$132,300
Outstanding Balance
$118,614
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$140,758

Purchase Details

Closed on
Jun 20, 2011
Sold by
Norton Thomas A and Mcdermott Nancy M
Bought by
Mercado Heather T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,845
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2008
Sold by
Norton Thelma Ree
Bought by
Norton Thomas A and Mcdermott Nancy Norton
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
Reel Wayne C $147,000 None Available
Mercado Heather T $85,000 Realty Center Title & Escrow
Norton Thomas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reel Wayne C $132,300
Previous Owner Mercado Heather T $82,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $147,000 +13.1% $104 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $130,000 -- $92 / 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 $857 $38,325 $0 $0
2023 $866 $38,325 $0 $0
2022 $866 $38,325 $0 $0
2021 $866 $38,325 $0 $0
2020 $681 $24,300 $0 $0
2019 $681 $24,300 $0 $0
2018 $681 $24,300 $0 $0
2017 $681 $24,300 $0 $0
2016 $634 $0 $0 $0
2015 $634 $22,600 $0 $0
2014 $634 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2340516

Realtracs

APN: 111M-D-035