J
Seller's Agent in 2025
Jason Weathers
Auben Realty
(980) 242-6027
1 in this area
53 Total Sales
1202 Gadd Rd Hixson, TN 37343
Valleybrook Neighborhood
--
Bed
--
Bath
1,562
Sq Ft
0.26
Acres
Highlights
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- Heating Available
About This Home
As of March 2022**MULTIPLE OFFERS** BEST & HIGHEST BY 2/4/22 AT 1 PM SEE NOTES. Great investment opportunity in this all brick duplex located right off of Hwy 153 North in a great location for rental. This is the perfect location with shopping, restaurants and most every need within a few miles and just a short drive to downtown Chattanooga. Long term tenants are currently paying below market value ($400/$600). Seller has not raised the rent due to long term tenants. Do not disturb tenants- interior showings to occur after signed contract is in place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,842
Year Built
- Built in 1961
Lot Details
- Lot Dimensions are 80 x 142.6
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1,562 Sq Ft Home
- Property has 3 Levels
Flooring
- Carpet
- Tile
- Vinyl
Schools
- Hixson Elementary School
- Hixson Middle School
- Hixson High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- 2 Units
- Gadd Road Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 100P A 002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 18, 2022
Sold by
Palermo Mildred O
Bought by
Haley David Allen
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Total Days on Market
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$150,000
Outstanding Balance
$141,485
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$133,959
Purchase Details
Closed on
Jan 18, 1996
Sold by
Moore Mildred O
Bought by
Palermo Mildred O Tr
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 | $200,000 | Key Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $265,000 | -1.5% | $170 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $269,000 | +34.5% | $172 / Sq Ft |
| 03/21/2022 03/21/22 | Sold | $200,000 | +0.1% | $128 / Sq Ft |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | For Sale | $199,900 | -- | $128 / Sq Ft |
Source: Realtracs
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 |
|---|---|---|---|---|
| 2024 | $1,278 | $57,120 | $0 | $0 |
| 2023 | $1,278 | $57,120 | $0 | $0 |
| 2022 | $1,278 | $57,120 | $0 | $0 |
| 2021 | $1,278 | $57,120 | $0 | $0 |
| 2020 | $927 | $33,520 | $0 | $0 |
| 2019 | $927 | $33,520 | $0 | $0 |
| 2018 | $890 | $33,520 | $0 | $0 |
| 2017 | $927 | $33,520 | $0 | $0 |
| 2016 | $888 | $0 | $0 | $0 |
| 2015 | $1,745 | $32,120 | $0 | $0 |
| 2014 | $1,745 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Weathers
Map
Source: Realtracs
MLS Number: 2840418
APN: 100P-A-002
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