NOT LISTED FOR SALE

112 Baxter St Chattanooga, TN 37415

Estimated Value: $227,863 - $364,000

Studio
2 Baths
1,690 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $115,000 $68 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,615/month

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Living Room
  • Central Heating and Cooling System

About This Home

As of March 2016

Nice duplex with updates. Roof, siding, windows new. New kitchens. Common laundry area. Unit 114 has a new HVAC unit. Tile bath flooring. LR has hardwood. Part of multiple sale. 1031 tax exchsnge property.

Last Agent to Sell the Property

Allen Carroll

Hixson & Company Real Estate, LLC Listed on: 03/01/2016

Last Buyer's Agent

Allen Carroll

Hixson & Company Real Estate, LLC Listed on: 03/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 92x155
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 117l M 001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,799

Year Built

Built in 1959

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 92X155
  • Subdivision Name: None
  • Directions: Dayton Blvd to Baxter Ave
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1690.0
  • New Construction: No
  • Year Built: 1959
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 117l M 001
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1799.42
  • 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: 0.32
  • General Property Information Lot Size Square Feet2: 13950.0
  • General Property Information Lot Size Dimensions: 92X155
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Nice duplex with updates. Roof, siding, windows new. New kitchens. Common laundry area. Unit 114 has a new HVAC unit. Tile bath flooring. LR has hardwood. Part of multiple sale. 1031 tax exchsnge property.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Microwave7: Yes
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 13950.0
  • Parcel #: 117l M 001
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0

Tax Info

  • Tax Annual Amount: 1799.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Feb 29, 2016
Sold by
Lewis Paul
Bought by
Mcgann Otha
Seller's Agent
Allen Carroll
Hixson & Company Real Estate, LLC
Buyer's Agent
Allen Carroll
Hixson & Company Real Estate, LLC
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$291,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,966
Avg. Annual Appreciation
9.80%
Original Mortgage
$86,250
Outstanding Balance
$67,445
Interest Rate
3.62%
Estimated Equity
$224,521

Purchase Details

Closed on
Jul 29, 2011
Sold by
Fannie Mae
Bought by
Lewis Paul and Dowling Diane

Purchase Details

Closed on
Apr 26, 2011
Sold by
Smith William W and Smith Pauline W
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgann Otha -- --
Lewis Paul $51,000 Northgate Title Escrow Inc
Federal National Mortgage Association $82,169 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgann Otha $86,250
Closed Mcgann Otha --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $115,000 -7.9% $68 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $124,900 -- $74 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,397 $92,160 $0 $0
2024 $1,128 $50,400 $0 $0
2023 $2,109 $50,400 $0 $0
2022 $1,731 $50,400 $0 $0
2021 $2,115 $50,400 $0 $0
2020 $1,878 $34,880 $0 $0
2019 $1,878 $34,880 $0 $0
2018 $1,878 $34,880 $0 $0
2017 $1,806 $34,880 $0 $0
2016 $1,808 $0 $0 $0
2015 $1,799 $33,520 $0 $0
2014 $1,799 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1241819

Greater Chattanooga REALTORS®

APN: 117L-M-001

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