Seller's Agent in 2019
Corey Ballew
Real Broker
(423) 529-0696
153 Total Sales
1113 McBrien Rd Chattanooga, TN 37412
East Ridge AreaEstimated Value: $409,000 - $606,000
9
Beds
6
Baths
4,692
Sq Ft
$106/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
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2019
Closed on
Oct 25, 2019
Sold by
Bought by
Seller's Agent
Corey Ballew
Real Broker
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,384
Avg. Annual Appreciation
10.36%
Purchase Details
Closed on
Feb 24, 2010
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
6.5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 | ||
| -- | Pioneer Title Agency Inc | ||
| $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 | $257,550 | ||
| Previous Owner | $220,800 | ||
| Previous Owner | $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
Map
Source: Realtracs
MLS Number: RTC2724984
APN: 169B-P-019
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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.
Based on information submitted to the MLS GRID
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