NOT LISTED FOR SALE

1286 Wright St Chattanooga, TN 37412

Estimated Value: $242,404 - $304,000

-- Bed
1 Bath
1,824 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $125,000 $69 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,533/month

2 Days on Market

About This Home

As of June 2019

Great Investment Opportunity! This duplex is located just minutes to Downtown Chattanooga. Each side has 2 bedrooms and 1 bath. This currently rents for $600 per unit per month which is below market value.

Last Buyer's Agent

Kelly Cooper

Greater Downtown Realty dba Keller Williams Realty License #293309

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1981

Lot Details

  • 6,795

Home Design

  • Duplex

Interior Spaces

  • 1,824 Sq Ft Home
  • Property has 3 Levels

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Additional Features

  • Lot Dimensions are 60x113.5
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 170I A 023.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgeview Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,288

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1824
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 60x113.5
  • Lot Size Units: Acres
  • Parcel #: 170I A 023.01
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1288

MLS Schools

  • Elementary School: Spring Creek Elementary School
  • High School: East Ridge High School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 14, 2019
Sold by
Brown Billy J
Bought by
Melton Synthia and Melton Alphonso
Buyer's Agent
Kelly Cooper
Greater Downtown Realty dba Keller Williams Realty
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$271,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,601
Avg. Annual Appreciation
12.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Melton Synthia $135,000 Chattanooga Ttl Downtown Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $125,000 -10.7% $69 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $139,900 -- $77 / Sq Ft
Source: Realtracs

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 $1,316 $58,800 $0 $0
2023 $1,300 $36,750 $0 $0
2022 $1,300 $36,750 $0 $0
2021 $1,540 $36,750 $0 $0
2020 $1,289 $25,125 $0 $0
2019 $1,289 $25,125 $0 $0
2018 $1,289 $25,125 $0 $0
2017 $1,289 $25,125 $0 $0
2016 $1,310 $0 $0 $0
2015 $1,310 $25,125 $0 $0
2014 $1,310 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2725890

Realtracs

APN: 170I-A-023.01