NOT LISTED FOR SALE

Estimated Value: $68,000 - $211,000

3 Beds
2 Baths
1,272 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2021

Last sale price $50,526 $40 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $896 / mo

18 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property
  • Living Room
  • No Heating

About This Home

As of November 2021

Investment opportunity located in a heavily commercial area just across the TN/GA border. 102 E Gordon Ave is a 1,272 sqft former duplex in need of extensive renovation situated on a double corner lot just a block off of Rossville Blvd. Although formerly used as a duplex, it cannot be used similarly moving forward, as many years of vacancy caused the city to revert the zoning back to commercial (RVC1). However, a second floor could be added to the property and used as residential living space allowing for a live/work setup, or could be used as a rental. The zoning could likely be changed back to accommodate a multi-family property (after city approval) although best use is likely commercial. This area hosts an abundance of local businesses, gas stations, grocery stores, restaurants and recognizable franchises alike. It would make an excellent location for small independent businesses, service industries, small medical or law practices, as a cafe or bar, or even a retail store; the possibilities are endless. Schedule your private showing today!

Last Agent to Sell the Property

Grace Frank

Chattanooga Real Estate Group LLC Listed on: 10/21/2021

Last Buyer's Agent

Raul Perez

RE/MAX Properties License #346972

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 95x100
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space

Schools

  • Rossville Elementary School
  • Rossville Middle School
  • Ridgeland High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Utilities Included
  • The owner pays for all utilities
  • Assessor Parcel Number 2003 017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$929

Year Built

Built in 1925

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 95x100
  • Subdivision Name: None
  • Directions: Heading S on Rossville Blvd from downtown Chattanooga, turn Left onto W Gordon Ave. Continue onto E Gordon Ave, and the property is on the Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1272.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1925
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 2003 017
  • Location Tax and Legal Elementary School: Rossville Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 928.63
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Dimensions: 95x100
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Investment opportunity located in a heavily commercial area just across the TN/GA border. 102 E Gordon Ave is a 1,272 sqft former duplex in need of extensive renovation situated on a double corner lot just a block off of Rossville Blvd. Although formerly used as a duplex, it cannot be used similarly moving forward, as many years of vacancy caused the city to revert the zoning back to commercial (RVC1). However, a second floor could be added to the property and used as residential living space allowing for a live/work setup, or could be used as a rental. The zoning could likely be changed back to accommodate a multi-family property (after city approval) although best use is likely commercial.
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Rossville Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:None5: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: All Utilities
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Rossville Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Rossville Middle

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 2003 017
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 928.63

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 18, 2021
Sold by
Bought by
Seller's Agent
Grace Frank
Chattanooga Real Estate Group LLC
Buyer's Agent
Raul Perez
RE/MAX Properties
List Price
$50,000
Sold Price
$50,526
Premium/Discount to List
$526
1.05%
Current Estimated Value
$143,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,424
Avg. Annual Appreciation
24.54%

Purchase Details

Closed on
Jul 13, 2020
Sold by
Bought by

Purchase Details

Listed on
Nov 25, 2019
Closed on
Nov 8, 2019
Sold by
Bought by
Seller's Agent
Wayne Thomas
RE/MAX Real Estate Center
Buyer's Agent
Wayne Thomas
RE/MAX Real Estate Center
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%

Purchase Details

Closed on
Oct 19, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 1986
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 1964
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,526 --
$30,000 --
$20,000 --
$25,000 --
-- --
-- --
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $50,526 +1.1% $40 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $50,000 +66.7% $39 / Sq Ft
11/25/2019 11/25/19 For Sale $30,000 0.0% $24 / Sq Ft
11/22/2019 11/22/19 Sold $30,000 -- $24 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
Source: Greater Chattanooga REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,280 $41,846 $7,125 $34,721
2024 $1,050 $32,172 $5,542 $26,630
2023 $1,017 $30,804 $5,542 $25,262
2022 $532 $34,469 $5,542 $28,927
2021 $732 $24,942 $5,542 $19,400
2020 $214 $19,386 $2,916 $16,470
2019 $595 $19,386 $2,916 $16,470
2018 $577 $19,386 $2,916 $16,470
2017 $645 $19,386 $2,916 $16,470
2016 $535 $19,386 $2,916 $16,470
2015 $446 $15,423 $2,940 $12,483
2014 $430 $15,423 $2,940 $12,483
2013 -- $15,423 $2,940 $12,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1345046

Greater Chattanooga REALTORS®

APN: 2003-017

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