NOT LISTED FOR SALE

1116 McBrien Rd Chattanooga, TN 37412

Estimated Value: $261,313 - $376,000

-- Bed
2 Baths
2,294 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $168,000 $73 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,718/month

3 Days on Market

Highlights

  • No HOA
  • Living Room
  • Level Lot
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of October 2019

Investors, this duplex is leased with long term residents. Each unit has 2 bedrooms and 1 bathroom along with a one car garage. Located off the main road of McBrien.

Last Agent to Sell the Property

Elaine Collins

First Property Management License #329726 Listed on: 09/13/2019

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1985

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 16.19x191.33
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Stove

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 169b Q 001.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,380

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Lot Size: 16.19X191.33
  • Subdivision Name: None
  • Directions: I-24 W Take exit 184 toward Moore Rd Merge onto North Terrace Turn left onto S Moore Rd Turn left at the 1st cross street onto South Terrace Turn right onto McBrien Rd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2294.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Location Tax and Legal Parcel Number2: 169b Q 001.01
  • Location Tax and Legal Elementary School: Spring Creek Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 2379.5
  • 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: 0.21
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Dimensions: 16.19X191.33
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • 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 Ridge Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Shingle
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Spring Creek Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 169b Q 001.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18840.0

Tax Info

  • Tax Annual Amount: 2379.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 17, 2019
Sold by
Terra Firma Property Company Llc
Bought by
Chance Nathan S and Chance Corinne
Seller's Agent
Elaine Collins
First Property Management
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$165,000
Sold Price
$168,000
Premium/Discount to List
$3,000
1.82%
Current Estimated Value
$309,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,328
Avg. Annual Appreciation
10.69%
Original Mortgage
$126,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2012
Closed on
Mar 6, 2014
Sold by
Levredge Brian
Bought by
Terra Firma Property Company Llc Series
Seller's Agent
Donnette Moore
Keller Williams Realty
Buyer's Agent
Carol Potts
RE/MAX Renaissance Realtors
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Nov 2, 2012
Sold by
Farinash Jerrold D
Bought by
Levredge Brian
Source: Public Records

Range of Values:

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Average Value
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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
Chance Nathan S $168,000 Memmorial Title Llc
Terra Firma Property Company Llc Series -- None Available
Levredge Brian $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chance Nathan S $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold $168,000 +1.8% $73 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $165,000 +94.1% $72 / Sq Ft
04/23/2014 04/23/14 Sold $85,000 -15.0% $39 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
12/30/2012 12/30/12 For Sale $100,000 -- $45 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $940 $42,000 $0 $0
2023 $1,483 $42,000 $0 $0
2022 $1,483 $42,000 $0 $0
2021 $1,783 $42,000 $0 $0
2020 $1,606 $50,240 $0 $0
2019 $2,380 $50,240 $0 $0
2018 $2,380 $50,240 $0 $0
2017 $2,380 $50,240 $0 $0
2016 $2,002 $0 $0 $0
2015 $2,002 $40,200 $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: 1306580

Greater Chattanooga REALTORS®

APN: 169B-Q-001.01