NOT LISTED FOR SALE

Estimated Value: $256,000 - $419,000

-- Bed
3 Baths
2,816 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $95,000 $34 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,932/month

3 Days on Market

Highlights

  • Deck
  • Brick Exterior Construction
  • Living Room
  • No HOA
  • Patio
  • 4-minute walk to Overlook Park

About This Home

As of February 2019

This 4 unit multi-family older building in a super convenient location near downtown, hospital, I24. Great opportunity for every investor. Seller just replaced roof.

Last Agent to Sell the Property

Ching-Ching Chow

Crye-Leike, REALTORS License #289652 Listed on: 01/23/2019

Crye-Leike, REALTORS

Last Buyer's Agent

Wendy Sandy

Century 21 MVP License #283089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 83x141.7
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Crawl Space

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deck
  • Patio

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Tunnel Place Subdivision

Listing and Financial Details

  • Utilities Included
  • The owner pays for all utilities
  • Assessor Parcel Number 146m M 034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 83X141.7
  • Subdivision Name: Tunnel Place
  • Directions: Brainerd Rd toward tunnel, right on N Seminole Rd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2816.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Cooling:Electric: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 146m M 034
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 2367.82
  • 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: 0.27
  • General Property Information Lot Size Square Feet2: 11761.2
  • General Property Information Lot Size Dimensions: 83X141.7
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • General Property Information Stories2: 2
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Living Room3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: All Utilities
  • 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: Brick, Stone
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • 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: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 146m M 034
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2367.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 19, 2019
Sold by
Chen C H
Bought by
Walker Brent
Seller's Agent
Ching-Ching Chow
Crye-Leike, REALTORS
Buyer's Agent
Wendy Sandy
Century 21 MVP
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$335,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,847
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Emeroson Propeteis Of Tenneessee Llc
Bought by
Chen C H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2011
Sold by
Woilf Llc
Bought by
Emerson Properties Of Tennessee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,100
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2008
Sold by
Cherryton Apartments Llc
Bought by
Woilf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,889
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2008
Sold by
Walker Don and Walker Rhonda
Bought by
Cherryton Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,889
Interest Rate
6.48%
Mortgage Type
Commercial
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
Walker Brent $95,000 Ensign Title & Escrow Inc
Chen C H $126,500 Choice Title Co Inc
Emerson Properties Of Tennessee Llc $719,100 None Available
Woilf Llc -- None Available
Cherryton Apartments Llc $1,377,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen C H $101,200
Previous Owner Emerson Properties Of Tennessee Llc $719,100
Previous Owner Woilf Llc $1,046,889
Previous Owner Cherryton Apartments Llc $1,250,324
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $95,000 -9.5% $34 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $105,000 -- $37 / 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 $1,227 $54,850 $0 $0
2023 $1,227 $54,850 $0 $0
2022 $1,227 $54,850 $0 $0
2021 $1,227 $54,850 $0 $0
2020 $1,299 $46,960 $0 $0
2019 $1,299 $46,960 $0 $0
2018 $1,322 $46,960 $0 $0
2017 $1,299 $46,960 $0 $0
2016 $1,019 $0 $0 $0
2015 $2,100 $36,840 $0 $0
2014 $2,100 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1293529

Greater Chattanooga REALTORS®

APN: 146M-M-034