NOT LISTED FOR SALE

112 Gillespie Dr Dalton, GA 30721

Dalton Area

Estimated Value: $255,000 - $336,000

4 Beds
3 Baths
1,904 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2020

Last sale price $155,000 $81 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,849 / mo

22 Days on Market

Highlights

  • No HOA
  • Property has 3 Levels
  • 1-minute walk to Whitfield Rec Office
  • Central Heating and Cooling System

About This Home

As of April 2020

PRIME INVESTMENT & OPPORTUNITY!! Great TRIPLEX of 1 Bedroom 1 Bath units on large level 1/2 acre lot located within minutes of schools, shopping & entertainment! All the units share a wonderful covered front porch but have individual decks out back. The units are spacious and well maintained with generous sized kitchen/breakfast nook/living room and just off the large bedroom is a combo walk-in closet/laundry room. All units are rented with long term tenants all under lease for a total rental income of $1245/per month. Owner currently provides water, pest control, termite protection, shared dumpster & seasonal lawn service. The owners have just leveled and cleared away a ruined structure from the back of the property leaving a large concrete pad primed and ready for the new owner to build as they choose with plenty of parking. It's a blank slate prime for a new owner to seize this fantastic opportunity!! NO interior showings until UNDER CONTRACT and in due diligence period. DO NOT DISTURB TENANTS!! Call Listing Agent for more details. Listing agent is co-owner. Buyer to verify sq. ft & schools

Last Agent to Sell the Property

Shannon Rahm

Real Estate Partners Chattanooga, LLC Brokerage Phone: 7064831987 License #340943 Listed on: 02/24/2020

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Shannon Rahm

Real Estate Partners Chattanooga, LLC Brokerage Phone: 7064831987 License #340943 Listed on: 02/24/2020

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1993

Lot Details

  • 0.5

Home Design

  • Triplex

Interior Spaces

  • 1,904 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Eastside Elementary School
  • Eastbrook Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $415
  • The owner pays for water
  • Assessor Parcel Number 1228102000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $14,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1993

Lot Details

0.5 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1993
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 1904
  • Living Area Units: Square Feet

Exterior Features

  • 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

  • Sewer: Septic Tank
  • 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: 21780 sq ft
  • Lot Size Units: Acres
  • Parcel #: 1228102000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 14940
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Total Actual Rent: 415

Tax Info

  • Tax Annual Amount: 1348

MLS Schools

  • Elementary School: Eastside Elementary School
  • High School: Southeast High School
  • Middle Or Junior School: Eastbrook Middle School

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
Feb 24, 2020
Closed on
Apr 24, 2020
Sold by
Bought by
Seller's Agent
Shannon Rahm
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Shannon Rahm
Real Estate Partners Chattanooga, LLC
List Price
$157,900
Sold Price
$155,000
Premium/Discount to List
-$2,900
-1.84%
Current Estimated Value
$303,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,378
Avg. Annual Appreciation
11.32%
Original Mortgage
$152,192
Outstanding Balance
$131,346
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$172,032

Purchase Details

Closed on
Dec 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1999
Bought by
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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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
$155,000 --
-- --
$70,000 --
-- --
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 $152,192
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
04/24/2020 04/24/20 Sold $155,000 -1.8% $81 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $157,900 -- $83 / 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 $2,197 $108,172 $8,720 $99,452
2024 $2,197 $108,172 $8,720 $99,452
2023 $1,780 $63,082 $3,000 $60,082
2022 $1,030 $43,482 $3,000 $40,482
2021 $1,030 $43,482 $3,000 $40,482
2020 $1,326 $43,482 $3,000 $40,482
2019 $1,348 $43,482 $3,000 $40,482
2018 $1,370 $43,482 $3,000 $40,482
2017 $1,371 $43,482 $3,000 $40,482
2016 $1,214 $40,046 $3,000 $37,046
2014 $1,047 $38,882 $1,836 $37,046
2013 -- $38,904 $1,858 $37,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC2724190

Realtracs

APN: 12-281-02-000

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