NOT LISTED FOR SALE

1307 Aswan Dr Signal Mountain, TN 37377

Estimated Value: $424,019 - $531,000

-- Bed
2 Baths
1,890 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $214,000 $113 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,906/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Thrasher Elementary School Rated A-
  • Eat-In Kitchen
  • Central Air

About This Home

As of June 2019

Wow! What a great investment opportunity! Both units have three bedrooms with an extra Bonus room. One side already has a tenant! Located on top of Signal Mtn in the award winning Thrasher School district. Don't let this one get away.

Last Agent to Sell the Property

Marlene Webb

Selby-Webb Property Management INC License #325956 Listed on: 05/24/2019

Last Buyer's Agent

Ward Sibold

Berkshire Hathaway HomeServices Realty Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 99x151.95
  • Sloped Lot

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Thrasher Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 098o B 012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Signal Terr Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 99X151.95
  • Subdivision Name: Signal Terr
  • Directions: Take exit US-127 N to Signal Mountain. Approx 6.5 miles turn left on Albert Road. Turn left on Aswan Drive. Duplex is on the right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1890.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1972
  • Location Tax and Legal Parcel Number2: 098o B 012
  • Location Tax and Legal Elementary School: Thrasher Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 2990.61
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 14949.0
  • General Property Information Lot Size Dimensions: 99X151.95
  • 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 Carport Spaces2: 2.0
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None
  • Stories: 2

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: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Sewer Septic Tank: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Thrasher Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 14949.0
  • Parcel #: 098o B 012
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0

Tax Info

  • Tax Annual Amount: 2990.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jun 28, 2019
Sold by
Kir Pro Llc
Bought by
M & T Real Estate Llc
Seller's Agent
Marlene Webb
Selby-Webb Property Management INC
Buyer's Agent
Ward Sibold
Berkshire Hathaway HomeServices Realty Center
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Current Estimated Value
$498,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,146
Avg. Annual Appreciation
13.56%
Original Mortgage
$157,500
Outstanding Balance
$141,060
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$325,059

Purchase Details

Closed on
Sep 19, 2003
Sold by
Kirkland Michael A and Kirkland Kelly P
Bought by
Kir Pro Llc
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
M & T Real Estate Llc $214,000 Title Guaranty & Trust Co
Kir Pro Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & T Real Estate Llc $157,500
Previous Owner Kir Pro Llc $300,000
Previous Owner Kirkland Michael A $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $214,000 -2.3% $113 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $219,000 -- $116 / 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 $2,148 $96,000 $0 $0
2023 $2,148 $96,000 $0 $0
2022 $2,148 $96,000 $0 $0
2021 $2,148 $96,000 $0 $0
2020 $1,909 $69,040 $0 $0
2019 $1,909 $69,040 $0 $0
2018 $1,909 $69,040 $0 $0
2017 $1,909 $69,040 $0 $0
2016 $1,660 $0 $0 $0
2015 $1,660 $60,040 $0 $0
2014 $1,660 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1300443

Greater Chattanooga REALTORS®

APN: 098O-B-012