NOT LISTED FOR SALE

Estimated Value: $163,000 - $255,000

-- Bed
2 Baths
1,509 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $55,000 $36 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,195/month

25 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Storage
  • Brick Exterior Construction
  • Living Room
  • 4-minute walk to Tacoa Park

About This Home

As of June 2013

Great investment property. Nice duplex located on corner lot in Brainerd. Easy access to I-24 and 75. Unit # 1 has 2 bedrooms, one bath, new carpet. Unit # 2 is one bedroom with washer and dryer that stays. All appliances stay in both units. Newer roof, brick, vinyl siding. Large amount of attic storage space. Separate storage building outside. Large level yard. DUPLEX SOLD ''AS IS''. SELLER WILL MAKE NO REPAIRS.

Last Agent to Sell the Property

Harry Rogers

Sabrena Realty Associates LLC License #205258 Listed on: 04/12/2013

Last Buyer's Agent

Yun Gravitt

Coldwell Banker Pryor Realty License #266442

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 86x195.25
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 157K M 002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Brainerd Park Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 86X195.25
  • Subdivision Name: Brainerd Park
  • Directions: West on Brainerd Road. Right on North Howell. Duplex on left, apx. 1/4 mile.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1509.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1948
  • Location Tax and Legal Parcel Number2: 157K M 002
  • Location Tax and Legal Elementary School: Spring Creek Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 890.0
  • 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 Dimensions: 86X195.25
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Microwave7: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Storage
  • Basement:Crawl Space: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Spring Creek Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge

Lot Info

  • Parcel #: 157K M 002

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 26, 2013
Sold by
Hart Shirley M and Eason Shirley M
Bought by
Cummins Ronald A and Cai Ying
Seller's Agent
Harry Rogers
Sabrena Realty Associates LLC
Buyer's Agent
Yun Gravitt
Coldwell Banker Pryor Realty
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$206,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,755
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Mclaughlin Charles A and Mclaughlin Cindy G
Bought by
Hart Shirley M and Eason Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,800
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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
Cummins Ronald A $55,000 Century Title & Escrow Inc
Hart Shirley M -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Shirley M $39,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $55,000 -21.3% $36 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $69,900 -- $46 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $827 $36,960 $0 $0
2023 $827 $36,960 $0 $0
2022 $827 $36,960 $0 $0
2021 $827 $36,960 $0 $0
2020 $796 $28,800 $0 $0
2019 $796 $28,800 $0 $0
2018 $782 $28,800 $0 $0
2017 $796 $28,800 $0 $0
2016 $717 $0 $0 $0
2015 $937 $16,200 $0 $0
2014 $937 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1193274

Greater Chattanooga REALTORS®

APN: 157K-M-002