1109 McBrien Rd Chattanooga, TN 37412
Estimated Value: $272,000 - $358,000
Highlights
- No HOA
- Cooling Available
- Central Heating
- Attached Garage
About This Home
As of October 2019Attention investors! This East Ridge Duplex provides $1820 Gross Monthly Rents with rents at $925 and $825. The HUD Fair Market Rent for 3 Bedrooms in 37412 is $1130 which allows potential to increase GMR to $2260. The property is also professionally managed by a property management company. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers.Four properties are adjacent to each other with a total of 10 units and can be purchased separately or together. Seller to consider an as-is sale with seller financing at 25% down.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,715
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 75x198.1
Parking
- Attached Garage
Home Design
- Duplex
Interior Spaces
- 2,981 Sq Ft Home
- Property has 3 Levels
Schools
- East Ridge Elementary School
- East Ridge Middle School
- East Ridge High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Total Actual Rent $1,820
- Assessor Parcel Number 169B P 016
Community Details
Overview
- No Home Owners Association
- 2 Units
- Shady Grove Addn Subdivision
Building Details
- Gross Income $21,840
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdonald John M | $7,500 | Reli Settlement Sln Llc | |
| Generation 5 Properties Llc | $150,000 | Realty Center T&E Llc | |
| East Ridge 16 Llc | -- | Pioneer Title Agency Inc | |
| Ryan Timothy T | $140,000 | Pioneer Title Agency Inc |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Genertion 5 Properties Llc | $1,143,856 | |
| Closed | Mcdonald John M | $165,750 | |
| Previous Owner | Ryan Timothy T | $128,800 | |
| Previous Owner | Myers R Michael | $97,000 | |
| Previous Owner | Myers R Michael | $27,154 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $150,000 | -11.8% | $50 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 10/10/2019 10/10/19 | For Sale | $170,000 | -- | $57 / Sq Ft |
Tax History Compared to Growth
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 | $1,316 | $58,800 | $0 | $0 |
| 2023 | $2,069 | $58,800 | $0 | $0 |
| 2022 | $2,069 | $58,800 | $0 | $0 |
| 2021 | $2,429 | $58,800 | $0 | $0 |
| 2020 | $2,715 | $56,960 | $0 | $0 |
| 2019 | $2,715 | $56,960 | $0 | $0 |
| 2018 | $2,715 | $56,960 | $0 | $0 |
| 2017 | $2,715 | $56,960 | $0 | $0 |
| 2016 | $2,857 | $0 | $0 | $0 |
| 2015 | $2,857 | $59,200 | $0 | $0 |
| 2014 | $2,857 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2724927
APN: 169B-P-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 1114 McBrien Rd
- 1119 McBrien Rd
- 0 Matthews Dr Unit 1518507
- 5318 Connell St
- 1006 McBrien Rd
- 5309 Marion Ave
- 5303 Marion Ave
- 5339 Connell St
- 5333 Marion Ave
- 980 McBrien Rd
- 615 S Moore Rd
- 5390 Reneau Way
- 5398 Reneau Way
- 725 Astor Ln
- 5417 Connell St
- 5332 Oakdale Ave
- 5506 Sunny Dell Ln
- 503 S Lovell Ave
- 904 Sunny Dell Cir
- 5004 Kenton Dr
- 1109 McBrien Rd Unit A
- 1109 McBrien Rd Unit 1
- 1111 McBrien Rd
- 1111 McBrien Rd Unit A
- 1107 McBrien Rd
- 1107 McBrien Rd Unit A
- 1120 McBrien Rd
- 5210 Weaver St
- 5210 Weaver St Unit 2
- 5210 Weaver St Unit 1
- 5206 Weaver St
- 1113 McBrien Rd
- 1113 McBrien Rd Unit A
- 1104 S Saint Marks Ave
- 1106 S Saint Marks Ave
- 1112 McBrien Rd
- 1110 McBrien Rd
- 1116 McBrien Rd
- 1116 McBrien Rd
- 1116 McBrien Rd