NOT LISTED FOR SALE

1111 McBrien Rd Chattanooga, TN 37412

Estimated Value: $225,000 - $288,000

Studio
2 Baths
1,704 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $125,000 $73 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,512/month

17 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of December 2019

Attention investors! This East Ridge Duplex could bring in $2260 Gross Monthly Rents with each side rented at $1130. The HUD Fair Market Rent for 3 Bedrooms in 37412 is $1130. Property can be be used as 3 bedroom on each side with a living room or a 4 Bedroom with no living room. The property is currently vacant. Call for questions and showings. Property can also be purchased with 1107 McBrien Rd.

Last Buyer's Agent

Ryan May

Real Estate Partners Chattanooga, LLC License #298465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1979

Lot Details

  • 0.28

Home Design

  • Duplex

Interior Spaces

  • 1,704 Sq Ft Home
  • Property has 3 Levels

Schools

  • East Ridge Elementary School
  • East Ridge Middle School

Additional Features

  • Lot Dimensions are 75x180.2
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Shady Grove Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 169B P 017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,243

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Unit Levels: Three Or More
  • New Construction: No
  • 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
  • Building Area Units: Square Feet
  • Living Area: 1704
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: 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
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 75X180.2
  • Lot Size Units: Acres
  • Parcel #: 169B P 017
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2243

MLS Schools

  • Elementary School: East Ridge Elementary School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Dec 18, 2019
Sold by
East Ridge 16 Llc
Bought by
V6 Ventures Llc
Buyer's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$264,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,648
Avg. Annual Appreciation
13.08%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Ryan Timothy T and Ryan Angela L
Bought by
East Ridge 16 Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Myers R Michael
Bought by
Ryan Timothy T and Ryan Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
V6 Ventures Llc $125,000 First Choice Title Inc
East Ridge 16 Llc -- Pioneer Title Agency Inc
Ryan Timothy T $135,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Timothy T $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $125,000 -10.7% $73 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $139,900 -- $82 / Sq Ft
Source: Realtracs

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 $1,630 $107,520 $0 $0
2024 $1,222 $54,600 $0 $0
2023 $1,922 $54,600 $0 $0
2022 $1,922 $54,600 $0 $0
2021 $2,282 $54,600 $0 $0
2020 $2,303 $46,920 $0 $0
2019 $2,303 $46,920 $0 $0
2018 $2,243 $46,920 $0 $0
2017 $2,243 $46,920 $0 $0
2016 $1,722 $0 $0 $0
2015 $1,722 $33,520 $0 $0
2014 $1,722 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan May

    Buyer's Agent in 2019

    Ryan May

    Real Estate Partners Chattanooga, LLC

    (423) 667-5922

    13 in this area

    630 Total Sales

    Ryan May
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Map

Source: Realtracs

MLS Number: 2724698

Realtracs

APN: 169B-P-017

Tennessee Hamilton County Chattanooga 37412

1111 McBrien Rd, Chattanooga, TN

Not Listed for Sale

MultiFamily

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