NOT LISTED FOR SALE

Estimated Value: $175,000 - $219,000

Studio
2 Baths
1,690 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $120,000 $71 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,134/month

2 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • Level Lot

About This Home

As of August 2021

INVESTORS TAKE NOTICE! Cash flow from the get-go with a rehabbed vacant unit to either move into or get the market rent YOU feel is more fair! The occupied unit rents for $500/month currently, but is outside of lease term. Buy and live in one side and let the tenant pay the mortgage, or bolster your portfolio with this great opportunity! Each unit has 2 bedrooms and 1 bath.

Last Agent to Sell the Property

Debbie King

DK Real Estate LLC License #352501 Listed on: 07/14/2021

Co-Listed By

Brandon King

DK Real Estate LLC License #348538

Last Buyer's Agent

Adrienne Green

Keller Williams Realty License #358836

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1962

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 146d B 023

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Woodlawn Subdivision

Building Details

  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1962

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 50X125
  • Co List Office Mls Id: 10975
  • Co List Office Phone: 706-935-4444
  • Subdivision Name: Woodlawn
  • Directions: North on Holtzclaw, right on Wilcox, right on Wheeler.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1690.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 146d B 023
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 968.1
  • 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: 0.1435
  • General Property Information Lot Size Square Feet2: 6250.0
  • General Property Information Lot Size Dimensions: 50X125
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: INVESTORS TAKE NOTICE! Cash flow from the get-go with a rehabbed vacant unit to either move into or get the market rent YOU feel is more fair! The occupied unit rents for $500/month currently, but is outside of lease term. Buy and live in one side and let the tenant pay the mortgage, or bolster your portfolio with this great opportunity! Each unit has 2 bedrooms and 1 bath.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • 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: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

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
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 6250.0
  • Parcel #: 146d B 023
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 6000.0

Tax Info

  • Tax Annual Amount: 968.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
M & N Holdings Llc
Bought by
Muller August and Muller Laurel Kimberly
Current Estimated Value
$191,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,175
Outstanding Balance
$139,350
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$52,559

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 17, 2021
Sold by
Glory To Christy Ooltewah Llc
Bought by
M & N Holdings Llc
Seller's Agent
Debbie King
DK Real Estate LLC
Buyer's Agent
Adrienne Green
Keller Williams Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$141,010
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2011
Sold by
Glory To Christ Llc
Bought by
Glory To Christ Ooltewah Llc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Contarino Joseph R and Contarino Laura L
Bought by
Glory To Christ Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,867
Interest Rate
7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bank Of America National Associations
Bought by
Contarino Joseph R and Contarino Laura L

Purchase Details

Closed on
Apr 30, 2009
Sold by
Long Robert Craig and Long Valerie
Bought by
Bank Of America National Association

Purchase Details

Closed on
Oct 17, 2006
Sold by
Mckinney Wayland and Mckinney Lisa
Bought by
Long Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muller August $194,900 None Listed On Document
M & N Holdings Llc $120,000 Cumberland Ttl & Guaranty Co
Glory To Christ Ooltewah Llc -- None Available
Glory To Christ Llc -- None Available
Contarino Joseph R $21,000 Resource Title Agency Inc
Bank Of America National Association $25,500 None Available
Long Robert C $60,000 Secure Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller August $146,175
Previous Owner M & N Holdings Llc $141,010
Previous Owner Glory To Christ Llc $33,867
Previous Owner Long Robert C $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $120,000 0.0% $71 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $120,000 -- $71 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $1,310 $86,400 $0 $0
2024 $537 $24,000 $0 $0
2023 $537 $24,000 $0 $0
2022 $537 $24,000 $0 $0
2021 $537 $24,000 $0 $0
2020 $531 $19,200 $0 $0
2019 $531 $19,200 $0 $0
2018 $564 $19,200 $0 $0
2017 $531 $19,200 $0 $0
2016 $531 $0 $0 $0
2015 $1,089 $19,200 $0 $0
2014 $1,089 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1338789

Greater Chattanooga REALTORS®

APN: 146D-B-023

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