Joanie Sompayrac
Keller Williams Chattanooga
(423) 594-8711
62 Total Sales
1 in East Ridge
$223,000 Price
1113 McBrien Rd Chattanooga, TN 37412
East Ridge AreaEstimated Value: $493,575
9
Beds
6
Baths
4,692
Sq Ft
$105/Sq Ft
Est. Value
About This Home
As of October 2019Attention investors! This East Ridge Quadplex provides will provide $3100 or more in Gross Monthly Rents. Current rents are $695, $715 $850, and one vacant side. The HUD Fair Market Rent for 2 Bedrooms in 37412 is $870 and $1330 for the 3 Bedroom which allows potential to increase GMR to $3940. 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.
Last Agent to Sell the Property
Real Broker Brokerage Phone: 4235290696 License #332263 Listed on: 10/14/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,755
Year Built
- Built in 1972
Home Design
- Quadruplex
Interior Spaces
- 4,692 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Schools
- East Ridge Elementary School
- East Ridge Middle School
- East Ridge High School
Additional Features
- Lot Dimensions are 100x300
- Central Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $695
- Assessor Parcel Number 169B P 019
Community Details
Overview
- No Home Owners Association
- 4 Units
- Shady Grove Addn Subdivision
Building Details
- Gross Income $27,120
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chattanooga, TN
-
Joanie Sompayrac
-
Melissa McKinsey
Melissa McKinsey
Keller Williams Realty
(423) 564-6166
92 Total Sales
2 in East Ridge
$223K - $370K Price Range
-
Ginger King
Ginger King
Greater Chattanooga Realty, Keller Williams Realty
(762) 231-0648
133 Total Sales
2 in East Ridge
$275K - $335K Price Range
-
Jennifer Nelis
Jennifer Nelis
Coldwell Banker Kinard Realty
(423) 401-2463
105 Total Sales
1 in East Ridge
$260,000 Price
-
Justin Maasen
Justin Maasen
Responds QuicklyBlackwell Realty and Auction
(615) 724-9821
157 Total Sales
1 in East Ridge
$511,500 Price
-
Dennis Opp
Dennis Opp
EXIT Provision Realty
(423) 425-9388
125 Total Sales
1 in East Ridge
$256,000 Price
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 |
|---|---|---|---|
| $255,000 | Realty Center T&E Llc | ||
| East Ridge 16 Llc | -- | Pioneer Title Agency Inc | |
| Ryan Timothy T | $240,000 | Pioneer Title Agency Inc |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,143,856 | ||
| Closed | Generation 5 Properoties Llc | $257,550 | |
| Previous Owner | Ryan Timothy T | $220,800 | |
| Previous Owner | Myers Roby Michael | $89,600 |
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 |
|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $255,000 | -5.6% | $54 / Sq Ft |
| 10/14/2019 10/14/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $270,000 | -- | $58 / Sq Ft |
Source: Realtracs
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 | $2,095 | $138,240 | $0 | $0 |
| 2024 | $2,250 | $100,560 | $0 | $0 |
| 2023 | $3,543 | $100,560 | $0 | $0 |
| 2022 | $3,543 | $100,560 | $0 | $0 |
| 2021 | $3,963 | $100,560 | $0 | $0 |
| 2020 | $3,755 | $80,400 | $0 | $0 |
| 2019 | $3,755 | $80,400 | $0 | $0 |
| 2018 | $3,755 | $80,400 | $0 | $0 |
| 2017 | $3,755 | $80,400 | $0 | $0 |
| 2016 | $3,954 | $0 | $0 | $0 |
| 2015 | $3,954 | $83,520 | $0 | $0 |
| 2014 | $3,954 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Ballew
Seller's Agent in 2019
Corey Ballew
Real Broker
(423) 529-0696
230 Total Sales
Map
Source: Realtracs
MLS Number: RTC2724984
APN: 169B-P-019
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.
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.
Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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