NOT LISTED FOR SALE

Estimated Value: $287,000 - $352,000

Studio
2 Baths
2,184 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $230,500 $106 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,813/month

2 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • No HOA
  • East Hamilton Middle School Rated A-
  • Private Yard
  • Formal Dining Room

About This Home

As of November 2021

Rare investment opportunity in the quiet and private East Brainerd area. Live in one unit and rent out the other side! Live in East Brainerd close to all Hamilton Place Mall has to offer; shopping, restaurants, theaters, health care, churches etc. This spacious 4 bedroom, 2 bath home can function as an investment duplex, or a private home with a mother-in-law/teenage suite. Features include: hardwood floors; open floor plan, neutral colors; large deck; private back yard, storage building and a sunroom. Listing agent is owner of property

Last Agent to Sell the Property

William Wood

Compass Auctions & Real Estate License #329968 Listed on: 10/12/2021

Compass Auctions & Real Estate

Last Buyer's Agent

Kelly Cooper

Keller Williams Realty License #293309

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1956

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100' x 228' x 102' x 215'
  • Sloped Lot
  • Private Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Outdoor Features

  • Deck
  • Patio

Schools

  • East Brainerd Elementary School
  • East Hamilton Middle School
  • East Hamilton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 171a F 016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,475

Year Built

Built in 1956

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 100' x 228' x 102' x 215'
  • Subdivision Name: None
  • Directions: Brainerd Rd; Right on Thelmeta; bear Left on Julian.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2184.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1956
  • Owner Pays:Sewer2: Yes
  • Location Tax and Legal Parcel Number2: 171a F 016
  • Location Tax and Legal Elementary School: East Brainerd Elementary
  • Location Tax and Legal High School: East Hamilton
  • Location Tax and Legal:Tax Annual Amount: 1475.0
  • 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 Acres: 0.5
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Dimensions: 100' x 228' x 102' x 215'
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Rare investment opportunity in the quiet and private East Brainerd area. Live in one unit and rent out the other side! Live in East Brainerd close to all Hamilton Place Mall has to offer; shopping, restaurants, theaters, health care, churches etc. This spacious 4 bedroom, 2 bath home can function as an investment duplex, or a private home with a mother-in-law/teenage suite. Features include: hardwood floors; open floor plan, neutral colors; large deck; private back yard, storage building and a sunroom. Listing agent is owner of property
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Hamilton
  • Foundation Details Block2: Yes
  • General Property Information Stories2: 2
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Microwave7: Yes
  • Owner Pays:Water3: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Sewer, Water
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Brainerd Elementary
  • High School: East Hamilton
  • Middle Or Junior School: East Hamilton

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 171a F 016
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600.0

Tax Info

  • Tax Annual Amount: 1475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 7, 2015
Sold by
Biles Jean A
Bought by
Wood William Chris and Crouser Jessica Marie
Seller's Agent
Geoffrey Ramsey
RE/MAX Properties
Buyer's Agent
William Wood
Compass Auctions & Real Estate
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$318,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,276
Avg. Annual Appreciation
9.83%
Original Mortgage
$112,917
Outstanding Balance
$86,582
Interest Rate
3.79%
Mortgage Type
FHA
Estimated Equity
$231,694

Purchase Details

Closed on
Feb 13, 1999
Sold by
Smith Andrew L
Bought by
Bilea Jean A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood William Chris $115,000 Alliance Title Llc
Bilea Jean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood William Chris $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $230,500 +4.8% $106 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $219,900 +91.2% $101 / Sq Ft
05/06/2015 05/06/15 Sold $115,000 -8.0% $65 / Sq Ft View Prior Sale
03/26/2015 03/26/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $125,000 -- $70 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $2,095 $138,240 $0 $0
2024 $1,316 $58,800 $0 $0
2023 $822 $36,750 $0 $0
2022 $822 $36,750 $0 $0
2021 $822 $36,750 $0 $0
2020 $809 $29,250 $0 $0
2019 $809 $29,250 $0 $0
2018 $793 $29,250 $0 $0
2017 $809 $29,250 $0 $0
2016 $675 $0 $0 $0
2015 $2,098 $39,080 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1344617

Greater Chattanooga REALTORS®

APN: 171A-F-016

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