NOT LISTED FOR SALE

1315 San Hsi Dr Chattanooga, TN 37412

Estimated Value: $273,351 - $322,000

-- Bed
2 Baths
1,620 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $92,000 $57 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,606/month

176 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1 Car Garage
  • Cooling Available

About This Home

As of March 2017

Great opportunity to own an investment property in the heart of East Ridge. Conveniently located to I-75, this property has been very well maintained by the seller. Both units are currently rented. Agents please note, showings will only be scheduled after an acceptable contract has been negotiated.

Last Agent to Sell the Property

Todd Henon

Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 08/25/2016

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 50x150

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Duplex

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 3 Levels

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 169K F 029.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Highway Park Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,931

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • 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: 1620
  • 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 Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X150
  • Lot Size Units: Acres
  • Parcel #: 169K F 029.01
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 13200
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1931

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
Aug 25, 2016
Closed on
Mar 20, 2017
Sold by
Ramey Allen
Bought by
Turuez Alis Meglis and Mahalbasic Omer
Seller's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%
Current Estimated Value
$290,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,588
Avg. Annual Appreciation
14.48%
Original Mortgage
$78,200
Outstanding Balance
$65,805
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$221,567

Purchase Details

Closed on
Jun 29, 1999
Sold by
Payne Marvin J and Payne Carolyn L
Bought by
Ramey Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,397
Interest Rate
7.27%
Mortgage Type
Seller Take Back
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
Turuez Alis Meglis $92,000 Realty Center Title & Escrow
Ramey Allen $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turuez Alis Meglis $78,200
Previous Owner Ramey Allen $83,500
Previous Owner Ramey Allen $82,400
Previous Owner Ramey Allen $75,200
Previous Owner Ramey Allen $20,397
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $92,000 -3.2% $57 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
08/25/2016 08/25/16 For Sale $95,000 -- $59 / 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 $763 $34,125 $0 $0
2023 $1,199 $34,125 $0 $0
2022 $1,208 $34,125 $0 $0
2021 $1,388 $34,125 $0 $0
2020 $1,229 $25,125 $0 $0
2019 $1,229 $25,125 $0 $0
2018 $1,049 $25,125 $0 $0
2017 $1,349 $25,125 $0 $0
2016 $1,931 $0 $0 $0
2015 $1,931 $38,520 $0 $0
2014 $1,931 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2322769

Realtracs

APN: 169K-F-029.01