NOT LISTED FOR SALE

1271 Shaver Loop Rd Dayton, TN 37321

-- Bed
4 Baths
2,560 Sq Ft
0.35 Acres

Last Sold May 13, 2022

Last sale price $250,000 $98 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Living Room
  • Heating Available
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • 1-Story Property

About This Home

As of May 2022

Multiple offers, highest and best by Monday 12/22/21 6pm Fantastic opportunity to own an investment property. Currently 3 of the 4 units are rented for $650 each totaling $1950 month. Each unit is a 1 bedroom 1 bath. Stay in the other unit almost free while the others pay your mortgage or invest in this cash flowing property for a possible $2600 month GMI. Seller is in the process of renewing units 1-3 leases and can fill unit 4 if desired. This one will go super quick so call today.

Do not disturb tenants.

Last Agent to Sell the Property

Michael Kelly

Scenic South Properties, LLC License #322724 Listed on: 12/14/2021

Last Buyer's Agent

Christie Dennis

Century 21 Professional Group License #295822

Century 21 Professional Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1974

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 110x140
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Stove

Schools

  • Rhea Central Elementary School
  • Rhea County Middle School
  • Rhea County High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 097 046.04 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 1974

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 110X140
  • Subdivision Name: None
  • Directions: From Office - Go North on 27 to Hwy 30 exit- Take a left on Double S. Road - Rt on Shaver Loop Rd - Property on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2560.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Location Tax and Legal Parcel Number2: 097 046.04 000
  • Location Tax and Legal Elementary School: Rhea Central Elementary
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 875.76
  • 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: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Dimensions: 110X140
  • 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: Multiple offers, highest and best by Monday 12/22/21 6pm Fantastic opportunity to own an investment property. Currently 3 of the 4 units are rented for $650 each totaling $1950 month. Each unit is a 1 bedroom 1 bath. Stay in the other unit almost free while the others pay your mortgage or invest in this cash flowing property for a possible $2600 month GMI. Seller is in the process of renewing units 1-3 leases and can fill unit 4 if desired. This one will go super quick so call today. Do not disturb tenants.
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Rhea County Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Unit 3 Living Room5: Yes
  • Owner Pays:Water3: Yes
  • Cooling Wall Unit(s): Yes
  • Unit 4 Living Room6: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Water
  • 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: Other
  • Roof: Shingle
  • 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: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Sewer Septic Tank: 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: Rhea Central Elementary
  • High School: Rhea County High School
  • Middle Or Junior School: Rhea County Middle

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 097 046.04 000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 23400.0

Tax Info

  • Tax Annual Amount: 875.76
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $250,000 0.0% $98 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $249,900 -- $98 / 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 $1,157 $85,800 $5,720 $80,080
2024 $1,158 $85,840 $5,720 $80,120
2023 $1,133 $50,240 $4,600 $45,640
2022 $876 $38,840 $4,600 $34,240
2021 $876 $38,840 $4,600 $34,240
2020 $876 $38,840 $4,600 $34,240
2019 $876 $38,840 $4,600 $34,240
2018 $781 $35,560 $4,000 $31,560
2017 $781 $35,560 $4,000 $31,560
2016 $781 $35,560 $4,000 $31,560
2015 $746 $35,560 $4,000 $31,560
2014 $733 $34,960 $4,000 $30,960
2013 -- $34,960 $4,000 $30,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1347389

Greater Chattanooga REALTORS®

APN: 072097 04604

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