NOT LISTED FOR SALE

Estimated Value: $269,000 - $969,000

-- Bed
4 Baths
2,120 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $122,455 $58 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $2,766/month

54 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Brick Exterior Construction
  • Wooded Lot
  • Den
  • Living Room

About This Home

As of November 2018

INVESTORS DREAM! Two 3 bedroom 2 bath units under one roof! Currently getting $750 a side in monthly rent (total of $1500 for whole building). Units have been remodeled with new flooring, kitchen appliances, plumbing, electrical, and fully painted. Being offered as a package deal with the other 5 duplexes (MLS #128533, 128534, 128535, 128537, 128538, 128540, 128542). Independently listed for a total of $790,000. Offered as a group price for $740,000. Total potential rental income off all 6 duplexes (12 units) is $8,860 as is.

Last Agent to Sell the Property

Joey Winslett

Better Homes and Gardens Real Estate Signature Brokers License #330003 Listed on: 08/02/2018

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Nathan Torgerson

Keller Williams Realty License #323740

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 2007

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 115x233
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Den
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Schools

  • Chattanooga Valley Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02741 045

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Edgewater Village #2 Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.62
  • Lot Size: 115X233
  • Subdivision Name: Edgewater Village #2
  • Directions: From Chickamauga go south on 341, then right on 136, then right on Edgewater, then right on Muskett
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2120.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2007
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 02741 045
  • Location Tax and Legal Elementary School: Chattanooga Valley Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 1689.07
  • 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: 0.62
  • General Property Information Lot Size Square Feet2: 27007.2
  • General Property Information Lot Size Dimensions: 115X233
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Chattanooga Valley Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Lot Features Rural: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: Yes
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Unit 2 Microwave7: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level, Rural, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick, Stone
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Chattanooga Valley Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 27007.2
  • Parcel #: 02741 045
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 1689.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Dec 31, 2018
Sold by
Staten John T
Bought by
Pioneer Ridge Properties Llc
Seller's Agent
Joey Winslett
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$140,000
Sold Price
$122,456
Premium/Discount to List
-$17,544
-12.53%
Current Estimated Value
$461,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,592
Avg. Annual Appreciation
15.98%

Purchase Details

Listed on
Aug 2, 2018
Closed on
Nov 5, 2018
Sold by
Bh & W Development Inc
Bought by
Staten John T and Vanosdale William A
Seller's Agent
Joey Winslett
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$140,000
Sold Price
$122,456
Premium/Discount to List
-$17,544
-12.53%

Purchase Details

Listed on
Nov 21, 2015
Closed on
Dec 30, 2015
Sold by
Cornerstone Community Bank
Bought by
B H & W Development Inc
Seller's Agent
Darrell Henry
Fletcher Bright Realty
Buyer's Agent
Frances Vantrease
RE/MAX Properties
List Price
$84,900
Sold Price
$85,850
Premium/Discount to List
$950
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wallin R D
Bought by
Cornerstone Community Bank

Purchase Details

Closed on
Jul 31, 2003
Bought by
Wallin R D
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
Pioneer Ridge Properties Llc -- --
Staten John T $691,000 --
B H & W Development Inc $480,000 --
Cornerstone Community Bank $85,540 --
Wallin R D $336,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $122,456 -12.5% $58 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $140,000 +63.1% $66 / Sq Ft
12/30/2015 12/30/15 Sold $85,850 +1.1% $40 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/21/2015 11/21/15 For Sale $84,900 -- $40 / 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 $2,645 $115,602 $7,200 $108,402
2023 $2,578 $110,104 $7,200 $102,904
2022 $2,444 $96,079 $7,200 $88,879
2021 $2,260 $79,654 $7,200 $72,454
2020 $1,916 $63,835 $7,200 $56,635
2019 $1,950 $63,835 $7,200 $56,635
2018 $1,689 $63,835 $7,200 $56,635
2017 $2,124 $63,835 $7,200 $56,635
2016 $1,093 $63,835 $7,200 $56,635
2015 $1,687 $57,075 $7,200 $49,875
2014 $1,540 $57,075 $7,200 $49,875
2013 -- $57,075 $7,200 $49,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1285834

Greater Chattanooga REALTORS®

APN: 02741-045