NOT LISTED FOR SALE

1009 Signal Rd Signal Mountain, TN 37377

Estimated Value: $320,375 - $450,000

4 Beds
2 Baths
1,636 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $279,500 $171 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,194/month

1 Day on Market

Highlights

  • No HOA
  • Cooling Available
  • Property has 3 Levels
  • Thrasher Elementary School Rated A-
  • Central Heating

About This Home

As of May 2021

Great duplex owner-occupant or investment opportunity on Signal Mountain. Two similar units that are two bedroom, one bath with a kitchen, living room, laundry room, front porch, deck and back yard. Roof, hot water heaters and carpet are all less than 4 years old according to the estate's representative. Tenants have been there from 3 to 4 years. The tenant on side B (the right) side is moving out by June 1. Rent is $700 per side but can be improved based on other rents in the area. No sign. Please do not disturb the tenants. No showings until a contract is bound (contingent on seeing the inside of the property, inspections, etc.). Seller prefers to close at Title Guaranty – Downtown.

Last Buyer's Agent

Michelle O'Neil

Greater Chattanooga Realty, Keller Williams Realty License #326806

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 150 x 140

Home Design

  • Duplex
  • Stone Siding

Interior Spaces

  • 1,636 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 108H D 012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgeway Ave Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 1636
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 150 x 140
  • Lot Size Units: Acres
  • Parcel #: 108H D 012
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 16800
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2346

MLS Schools

  • Elementary School: Thrasher Elementary School
  • High School: Signal Mountain Middle/High School
  • Middle Or Junior School: Signal Mountain Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 27, 2021
Sold by
Abelson Lee Effron and Estate Of Joy Effron Adams
Bought by
Donina Michelle
Buyer's Agent
Michelle O'Neil
Greater Chattanooga Realty, Keller Williams Realty
List Price
$265,000
Sold Price
$279,500
Premium/Discount to List
$14,500
5.47%
Current Estimated Value
$378,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,122
Avg. Annual Appreciation
7.66%
Source: Public Records

Range of Values:

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Average Value
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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
Donina Michelle $279,500 Title Guaranty & Trust Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $279,500 +5.5% $171 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $265,000 -- $162 / 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 $1,450 $64,800 $0 $0
2023 $1,450 $64,800 $0 $0
2022 $1,450 $64,800 $0 $0
2021 $1,450 $64,800 $0 $0
2020 $1,395 $50,440 $0 $0
2019 $1,395 $50,440 $0 $0
2018 $1,395 $50,440 $0 $0
2017 $1,395 $50,440 $0 $0
2016 $1,286 $0 $0 $0
2015 $1,286 $46,520 $0 $0
2014 $1,286 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2721343

Realtracs

APN: 108H-D-012