Check Availability
$369,900
↓ $10K (2.6%)
House - For Sale

501 S Lyerly St

Chattanooga, TN 37404
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1344 Sqft
$2,833
Estimated Monthly
$0
HOA / Fees
2.04%
Cap Rate

About This Property

Step into the charm and elegance of this historical 3-bedroom, 2-bath home nestled in the vibrant community of Chattanooga, Tennessee. This residence seamlessly combines modern upgrades with the timeless appeal of a 1920s Craftsman-inspired style. Upon entering, you'll be greeted by the inviting open concept layout, accentuated by the newly installed granite countertop island and luxurious LVP flooring. The home boasts a perfect blend of old-world charm and contemporary convenience, with new windows that flood the space with natural light and highlight the intricate details of the craftsmanship. Step outside onto the new porch, where you can unwind and enjoy the serene surroundings of the historical Highland Park neighborhood. This home offers not just a place to live, but a piece of history with every corner adorned with character and nostalgia. Ideal for those seeking a unique blend of vintage allure and modern comfort in a coveted location. Within walking distance of Sculpture Fields, Warner Park, the Chattanooga Zoo and many others!

The manager has listed the unit size as 1344 square feet.
Unit Size
1,344Ft²
Days on Market
39 days
Land Size
0.10 acres
Price per sqft
$275
Property Type
House
Property Taxes
$1,016
HOA Dues
-
Year Built
1920
Last updated: 19 days ago (CARTN #1389098)

Price History

Date / Event Date Event Price
Apr 16, 2024 Price Decreased $369,900
↓ $10K (2.6%)
Price Decreased
Apr 5, 2024 Price Decreased $379,900
↓ $19K (4.8%)
Price Decreased
Mar 26, 2024 Listed by EXP Realty $399,000
Listed by EXP Realty
Oct 26, 2023 Sold $170,000
Sold
Feb 11, 2022 Sold to Angie K Hodges, Michael M Arce $130,000
Sold to Angie K Hodges, Michael M Arce

Property Highlights

Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,480
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 448
  • Total Building Area: 1,161
  • Building Area: 1,161
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MONTAGUES ADDN HIGHL
  • Land Acres: 0.102
  • Legal Description 1: LT 1 BLK 39 MONTAGUES HIGHLAND PARK ADDN NO 2 PB1 PG35

Ownership

  • Current Owner : R & E ACQUISITIONS 1 LLC
  • Previous Owner : ARCE MICHAEL M
  • Previous Owner 2: HODGES ANGIE K
  • Owner Before Previous Owner: AYERS EDDIE L
  • Owner Before Previous Owner 2: AYERS ALMA M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 001300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 6 PG 18
  • Account Number: 0000076484
  • District: 1
  • Parcel: 146N C 001
  • Block: 39
  • Lot: 1
  • Municipality: CHATTANOOGA
  • Latitude: 35.032
  • Longitude: -85.27

    Address

  • Full Address: 501 S Lyerly St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: Lyerly
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C003
  • 4-Digit Zip Code: 3223
  • Zip Code: 37404

Valuation

    Tax

  • Total Area: 1,348
  • Tax Year: 2023
  • Tax Amount: $507
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 61
  • Final Value: 196,744
  • High Value: 249,692
  • Low Value: 143,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,560
  • First Open Lien Mortgage Lender: RESIDENTIAL CAPITAL PARTNERS S
  • First Open Lien Mortgage Recording Date: Oct 26, 2023
  • First Open Lien Mortgage Loan Amount: $245,560
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 26, 2053

    Market Valuation

  • Market Total Value: $90,600
  • Market Land Value: $30,000
  • Market Improvement Value: $60,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,650

    Sales

  • Current Sale Contract Date: Oct 19, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Transaction ID: 11915201049
  • Current Sale Price: $170,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 41
  • Previous Sale Recording Date: Feb 11, 2022
  • Previous Sale Contract Date: Feb 03, 2022
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL CAPITAL PARTNERS S
  • First Mortgage Transaction Date: Oct 26, 2023
  • First Mortgage Loan Amount: $245,560
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF ENGLAND
  • Previous Mortgage Transaction Date: Feb 11, 2022
  • Previous Mortgage Loan Amount: $110,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Mar 01, 2052

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,324 ft²
$283/ft²
$375,000 Mar 16, 2024
-
$104/mo
House
3 Beds
2 Baths
1,636 ft²
$214/ft²
$349,400 Dec 12, 2023
-
$151/mo
House
3 Beds
2.5 Baths
1,720 ft²
$238/ft²
$410,000 Feb 5, 2024
-
$273/mo
House
3 Beds
2.5 Baths
1,900 ft²
$192/ft²
$365,000 Nov 21, 2023
-
$56/mo
House
3 Beds
2 Baths
2,100 ft²
$190/ft²
$399,000 Mar 8, 2024
-
$157/mo
House
3 Beds
2.5 Baths
2,167 ft²
$171/ft²
$369,900 Mar 21, 2024
-
$168/mo
House
4 Beds
3 Baths
1,560 ft²
$207/ft²
$322,500 Feb 29, 2024
-
$129/mo
Quadruplex
Stu
-
3,088 ft²
$144/ft²
$445,000 Mar 2, 2024
-
$162/mo

About Ridgedale - Oak Grove - Clifton Hills


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Frequently Asked Questions

When was property at 501 South Lyerly Street built and last sold?
The property at 501 South Lyerly Street was built in 1920 and last sold on Oct 19, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 501 South Lyerly Street is $399,034.
What are some comparable homes to 501 South Lyerly Street?
Homes that are comparable to 501 South Lyerly Street include a house property at 2312 Union Avenue, 1404 Duncan Avenue, 1813 East 13th Street.

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