A year after selling his North Face distribution business for the Southeast, John Fellers and his wife, Alison, have sold their Southside Chattanooga residence for $2.2 million - the second home on the same street to sell for more than $2 million this year.
According to property records filed with the Hamilton County Register of Deeds, Brent and Stephanie Large purchased the two-story, 2,224-square-foot house on Williams Street in late May.
Large, president at Reliance Partners Inc. and Horizon Stone LLC, declined to comment on his home purchase.
But the sale has generated talk among others about the growing interest in housing on the Southside of Chattanooga's downtown.
"Everybody wants to be on the Southside and I think we're on the best street in the city," said former Chattanooga Mayor Jon Kinsey, who has listed his 4,400-square-foot condominium on Williams Street for $1.45 million.
Kinsey, a principal owner of the Chattanooga Choo Choo with a Market Street entrance just a block away from Williams Street, said the entire area has changed since he moved there 12 years ago. The two Williams Street homes that recently sold for more than $2 million were both added to the street through new construction or building renovation in the past decade.
Fellers, previously principal sales representative and owner of First Ascent Sales, LLC, also owns other commercial property on the same street which he leases to Red Point sales, owned by Scott Lustig.
Red Point is the successor to Fellers' First Ascent as the North Face distribution business for outdoor specialty retailers in the Southeast, according to Retailing Today magazine.