Seller's Agent in 2025
Philip Lancaster
Rock Point Real Estate
(423) 752-0710
1 in this area
8 Total Sales
1187 Wheeler Ave Chattanooga, TN 37406
Glenwood Neighborhood
--
Bed
--
Bath
1,539
Sq Ft
9,375
Sq Ft Lot
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Living Room
About This Home
As of August 2025Duplexes like this have been creating strong returns for investors for several decades, and they're still going strong! The value-add potential for this duplex is considerable. Located in a strong rental neighborhood where housing is in constant demand this property is located within easy reach of public transportation, employment opportunities, shopping, UTC, and downtown Chattanooga.
PHOTOS: Contact listing broker for interior photos which could not be used in the MLS due to branding watermarks.
INVESTORS: The owner has several investment properties for sale and is open to a package deal on those. Inquire for details.
Last Agent to Sell the Property
Rock Point Real Estate License #296531 Listed on: 06/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $991
Year Built
- Built in 1962
Lot Details
- 9,375 Sq Ft Lot
- Lot Dimensions are 75x125
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 1,539 Sq Ft Home
- 1-Story Property
- Living Room
- Stove
- Washer and Dryer Hookup
Schools
- Orchard Knob Elementary School
- Orchard Knob Middle School
- Brainerd High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Woodlawn Subdivision
Listing and Financial Details
- Assessor Parcel Number 146d B 028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2025
Closed on
Aug 18, 2025
Sold by
Chattanooga Eleven Llc
Bought by
Nova Mar Ventures Llc
Seller's Agent
Philip Lancaster
Rock Point Real Estate
Buyer's Agent
Yulian Paramo
Keller Williams Realty Greater Dalton
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Views
10
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
$5,333
Avg. Annual Appreciation
19.95%
Original Mortgage
$309,896
Outstanding Balance
$301,156
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$81,486
Purchase Details
Closed on
Apr 16, 2025
Sold by
Mkn Properties Llc
Bought by
Beulah Property Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2018
Sold by
Mjp Propertries Llc
Bought by
Mkn Plroperties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 11, 2017
Closed on
May 30, 2017
Sold by
Equityy Trust Company
Bought by
Mjp Properties Llc
Seller's Agent
Kendall McBryar
Auben Realty
Buyer's Agent
Kendall McBryar
Auben Realty
List Price
$65,000
Sold Price
$47,000
Premium/Discount to List
-$18,000
-27.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.59%
Original Mortgage
$62,400
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 14, 2014
Sold by
Uid Asset Management Group Llc
Bought by
Equity Trust Co and Acct Z145323
Purchase Details
Closed on
May 11, 2010
Sold by
Urban Investments & Development Llc
Bought by
Uid Asset Management Group Llc
Purchase Details
Closed on
Dec 19, 2007
Sold by
Fsg Bank
Bought by
Urban Investments & Development Llc
Purchase Details
Closed on
Dec 3, 2007
Sold by
Luhowiak G Michael and Estate Of Charlyne A Epstein
Bought by
Fsg Bank and Revocable Living Tr Charlyne A Epstein
Purchase Details
Closed on
Jan 23, 2003
Sold by
Thomas Bettie and Epstein David
Bought by
Epstein Charlyne A and Epstein Revocable L Charlyne A
Purchase Details
Closed on
Feb 4, 2000
Sold by
Epstein David
Bought by
Epstein Louis J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | Ensign Title | |
| Warranty Deed | $410,000 | Ensign Title | |
| Warranty Deed | $1,520,000 | First Title | |
| Warranty Deed | $1,520,000 | First Title | |
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $47,000 | None Available | |
| Warranty Deed | $47,000 | None Available | |
| Warranty Deed | $495,000 | None Available | |
| Warranty Deed | $495,000 | None Available | |
| Quit Claim Deed | -- | Title Guaranty & Trust Co | |
| Quit Claim Deed | -- | Title Guaranty & Trust Co | |
| Warranty Deed | $55,000 | First Title | |
| Warranty Deed | $55,000 | First Title | |
| Interfamily Deed Transfer | -- | First Title | |
| Interfamily Deed Transfer | -- | First Title | |
| Interfamily Deed Transfer | $180,000 | Legal Title & Escrow Inc | |
| Interfamily Deed Transfer | $180,000 | Legal Title & Escrow Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $309,896 | New Conventional | |
| Previous Owner | $1,064,000 | New Conventional | |
| Previous Owner | $83,000 | Purchase Money Mortgage | |
| Previous Owner | $62,400 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $205,000 | -10.9% | $133 / Sq Ft | |
| 08/19/2025 08/19/25 | Off Market | $230,000 | -- | -- | |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- | |
| 06/13/2025 06/13/25 | For Sale | $230,000 | +389.4% | $149 / Sq Ft | |
| 05/26/2017 05/26/17 | Sold | $47,000 | -27.7% | $30 / Sq Ft | View Prior Sale |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- | |
| 04/11/2017 04/11/17 | For Sale | $65,000 | -- | $41 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $1,310 | $86,400 | $0 | $0 |
| 2024 | $494 | $22,080 | $0 | $0 |
| 2023 | $494 | $22,080 | $0 | $0 |
| 2022 | $494 | $22,080 | $0 | $0 |
| 2021 | $494 | $22,080 | $0 | $0 |
| 2020 | $531 | $19,200 | $0 | $0 |
| 2019 | $531 | $19,200 | $0 | $0 |
| 2018 | $564 | $19,200 | $0 | $0 |
| 2017 | $531 | $19,200 | $0 | $0 |
| 2016 | $498 | $0 | $0 | $0 |
| 2015 | $1,029 | $18,000 | $0 | $0 |
| 2014 | $1,029 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Lancaster
-
Yulian Paramo
Buyer's Agent in 2025
Yulian Paramo
Keller Williams Realty Greater Dalton
(706) 537-5373
3 in this area
66 Total Sales
-
K
Seller's Agent in 2017
Kendall McBryar
Auben Realty
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1514754
APN: 146D-B-028
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