NOT LISTED FOR SALE

1516 Union Ave Chattanooga, TN 37404

Highland Park Neighborhood

Estimated Value: $512,000 - $586,000

4 Beds
3 Baths
3,224 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2022

Last sale price $489,900 $152 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,145 / mo

4 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • No HOA
  • A-Frame Home
  • 1 Fireplace
  • 2-minute walk to Shaw Playground

About This Home

As of June 2022

Brand New Everything in the heart of Downtown Chattanooga. This Historic home features 4 bedrooms and 3 full bathrooms to go along with a huge bonus room that can be used as a 5th bedroom, theatre, or family room. The possibilities are endless. The master bedroom is on the main level as well as the laundry. The kitchen features an open concept with huge island which is great for entertaining. Upstairs you will find the 4th bedroom as well as the bonus room and 3rd full bath. Did I mention that this home sits on a large corner lot directly across from Tatum Park? Downtown living, neighborhood park, fully renovated; this home checks all of the boxes. TEXT AGENT FOR SHOWING INSTRUCTIONS Photos will be updated Dec. 10th Home is still under construction, soon to be completed. Agent/Own

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53.25x134

Home Design

  • A-Frame Home
  • Brick Exterior Construction

Interior Spaces

  • 3,224 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 146J G 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,225

Year Built

Built in 1920

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1920
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 3224
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • 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: 0.16
  • Lot Size: 53.25X134
  • Lot Size Units: Acres
  • Parcel #: 146J G 016
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2225

MLS Schools

  • Elementary School: Orchard Knob Elementary School
  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
May 31, 2022
Sold by
R & E Acquisitions 1 Llc
Bought by
Worland Craig and Worland Taylor
List Price
$489,900
Sold Price
$489,900
Current Estimated Value
$555,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,145
Avg. Annual Appreciation
3.30%
Original Mortgage
$507,536
Outstanding Balance
$479,358
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$75,687

Purchase Details

Closed on
Dec 10, 2020
Sold by
Tilghman Andrew
Bought by
R & E Acquisitions I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Young James
Bought by
Kinsey Paul A and Kinsey Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2006
Sold by
I Buy Houses Cash Inc
Bought by
Young James

Purchase Details

Closed on
Feb 15, 2006
Sold by
Law Jerry
Bought by
I Buy Houses Cash Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worland Craig $489,900 Nunnally & Wickens Pllc
R & E Acquisitions I Llc $131,000 None Available
Kinsey Paul A $80,000 Warranty Title Ins Co Inc
Young James -- Professional Land Title Agen
I Buy Houses Cash Inc -- First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worland Craig $507,536
Previous Owner R & E Acquisitions I Llc $255,500
Previous Owner Kinsey Paul A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2022 06/02/22 Sold $489,900 0.0% $152 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $489,900 +444.3% $152 / Sq Ft
05/22/2018 05/22/18 Sold $90,000 -9.1% $29 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $99,000 -- $32 / Sq Ft
Source: Realtracs

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 $1,874 $123,625 $0 $0
2024 $1,933 $86,400 $0 $0
2023 $1,933 $86,400 $0 $0
2022 $959 $42,880 $0 $0
2021 $959 $42,880 $0 $0
2020 $1,220 $44,120 $0 $0
2019 $1,220 $44,120 $0 $0
2018 $1,258 $44,120 $0 $0
2017 $1,220 $44,120 $0 $0
2016 $1,195 $0 $0 $0
2015 $2,422 $43,200 $0 $0
2014 $2,422 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2719776

Realtracs

APN: 146J-G-016

Tennessee Hamilton County Chattanooga 37404 Highland Park

1516 Union Ave, Chattanooga, TN

Not Listed for Sale

Detached

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Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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