NOT LISTED FOR SALE

1218 Georgetown Manor Dr Cleveland, TN 37311

Estimated Value: $235,820 - $386,000

-- Bed
2 Baths
2,936 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $132,500 $45 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,843/month

245 Days on Market

Highlights

  • Open Floorplan
  • Private Yard
  • Cul-De-Sac
  • Deck
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2012

An Investment That Will Pay Off Every Month... when you own this traditional duplex on quiet street. Each unit is in great condition with 2 bedrooms and 1 1/2 baths. These also offer garages. You could live in one and rent the other. Or just enjoy rich rewards every month. A fantastic investment.

Last Agent to Sell the Property

Jannis Sams

Crye-Leike, REALTORS License #00257313 Listed on: 11/08/2011

Crye-Leike, REALTORS

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 124x118x141x83
  • Cul-De-Sac
  • Level Lot
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,936 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Stuart Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 49F M 23.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Georgetown Ests Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,901

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 124X118X141X83
  • Subdivision Name: Georgetown Ests
  • Directions: North I-75 TO Exit #25, turn left 25th Street, turn right Georgetown Rd, bear right Peerless/Georgetown Rd, turn right 10th Street to Georgetown Manor, Duplex on right. No sign.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2936.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 49F M 23.00
  • Location Tax and Legal Elementary School: Stuart Elementary
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 1901.0
  • 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: 0.34
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Dimensions: 124X118X141X83
  • 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:Cable Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Cleveland Middle
  • Levels:One: Yes
  • General Property Information Stories2: 2
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan, Storage
  • Full Basement: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Private Yard, Storage
  • 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
  • Exterior Features:Private Yard: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multi Units
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Stuart Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 49F M 23.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 1901.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2011
Closed on
Jul 26, 2012
Sold by
Coyle Thomas
Bought by
Davis Judy Burger and Davis Judy Burger Revocable Tr
Seller's Agent
Jannis Sams
Crye-Leike, REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%
Total Days on Market
245
Current Estimated Value
$307,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,773
Avg. Annual Appreciation
6.48%
Original Mortgage
$106,000
Outstanding Balance
$74,761
Interest Rate
3.68%
Mortgage Type
Commercial
Estimated Equity
$227,226

Purchase Details

Closed on
Mar 9, 2001
Sold by
Walden Roger T
Bought by
Coyle Thomas

Purchase Details

Closed on
Mar 27, 1997
Sold by
Duncan Eddie N
Bought by
Walden Rogert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,748
Interest Rate
7.71%
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
Davis Judy Burger $132,500 --
Coyle Thomas $105,000 --
Walden Rogert T $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Judy Burger $106,000
Previous Owner Keys Jerry S $68,748
Previous Owner Walden Roger L $75,582
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2012 07/26/12 Sold $132,500 -11.6% $45 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $149,900 -- $51 / 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 -- $65,520 $12,800 $52,720
2023 $2,065 $65,520 $12,800 $52,720
2022 $2,065 $65,520 $12,800 $52,720
2021 $2,065 $65,520 $0 $0
2020 $2,160 $65,520 $0 $0
2019 $2,160 $56,200 $0 $0
2018 $2,316 $0 $0 $0
2017 $1,158 $0 $0 $0
2016 $1,883 $0 $0 $0
2015 $1,883 $0 $0 $0
2014 $965 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1170534

Greater Chattanooga REALTORS®

APN: 049F-M-023.00