NOT LISTED FOR SALE

119 W Ridgewood Ave Chattanooga, TN 37415

Estimated Value: $413,000

-- Bed
2 Baths
1,532 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $115,000 $75 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,349/month

39 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of July 2016

Location! Location! Exceptional investor opportunity! Only minutes from downtown, and convenient access to I-24 and I-27. First Unit has 1 bedroom and 1 bathroom and second unit has 2 bedrooms and 1 bathroom. All appliance included. Storage room for each unit. In great condition! Owner currently painting or bring an offer and choose your colors. HVAC left unit and Roof are 9 years old.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 100x212.4

Interior Spaces

  • 1,532 Sq Ft Home
  • Property has 3 Levels
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 126C G 003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4233135111
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Building Area Units: Square Feet
  • Living Area: 1532
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 100x212.4
  • Lot Size Units: Acres
  • Parcel #: 126C G 003
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Williams Dylan
Bought by
Hawthorne White Oak Apartments Llc
Current Estimated Value
$413,000

Purchase Details

Closed on
May 26, 2022
Sold by
Dmw Properties Llc
Bought by
Williams Dylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2022
Sold by
Smith Bryan A and Smith Amy
Bought by
Dmw Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2016
Sold by
Madaris Larry M and Madaris Paulina A
Bought by
Smith Bryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Erwin David J and Plemmons Larry S
Bought by
Madaris Larry M and Madaris Paulina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.57%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 2, 2005
Sold by
Thomas Alfred Nelson
Bought by
Erwin David J and Plemmons Larry S

Purchase Details

Closed on
Aug 10, 2000
Sold by
Wesley Harris Donald
Bought by
Thomas Alfred Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hawthorne White Oak Apartments Llc $375,000 None Listed On Document
Hawthorne White Oak Apartments Llc $375,000 None Listed On Document
Williams Dylan -- Tennessee Title
Williams Dylan -- Tennessee Title
Dmw Properties Llc $116,250 Key Title
Dmw Properties Llc $116,250 Key Title
Smith Bryan A $115,000 Century Title & Escrow
Madaris Larry M $82,500 First Title
Erwin David J $61,626 --
Thomas Alfred Nelson $62,000 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Dylan $113,000
Previous Owner Dmw Properties Llc $105,000
Previous Owner Smith Bryan A $96,900
Previous Owner Madaris Larry M $94,500
Previous Owner Thomas Alfred Nelson $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $115,000 -8.7% $75 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $125,900 -- $82 / Sq Ft
Source: Realtracs

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
2023 $1,978 $47,040 $0 $0
2022 $1,619 $47,040 $0 $0
2021 $2,003 $47,040 $0 $0
2020 $1,764 $32,120 $0 $0
2019 $1,764 $32,120 $0 $0
2018 $1,764 $32,120 $0 $0
2017 $1,697 $32,120 $0 $0
2016 $1,664 $0 $0 $0
2015 $1,655 $30,000 $0 $0
2014 $1,655 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2783980

Realtracs

APN: 126C-G-003