L
Seller's Agent in 2013
Linda Herrick
Ival Goldstein Properties
1486 Morris Hill Rd Chattanooga, TN 37421
Westview-Mountain Shadows NeighborhoodEstimated Value: $331,981 - $428,000
11
Beds
5
Baths
2,300
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling Available
- Property has 3 Levels
- Westview Elementary School Rated A-
- Central Heating
About This Home
As of November 2018Three properties being sold as one investor package. $3525 in Gross Monthly Rent.. Less than 10 minutes to Hamilton Place. All homes have been updated.. 1478 Morris Hill RD. Chattanooga 37421 (1462 and 1486 Morris hill Rd).... PROPERTY DETAILS: (1486 Morris Hill RD): 3-4bed/2.5bath, 2300sqft, 1 acre lot, BRAND NEW KITCHEN, $1350 rent....(1478 Morris Hill Rd.) = 3-4bed/2bath , 2180 sqft, $1300 gross rent. (1462 Morris Hill RD) = 2bed/1.5bath, 960sqft, $875 rent.. Each property has been updated. No showings without acceptable offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,142
Year Built
- Built in 1972
Lot Details
- Lot Dimensions are 97.91x161.23
Home Design
- Property Attached
Interior Spaces
- 2,300 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Schools
- East Hamilton Middle School
- East Hamilton High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Total Actual Rent $1,350
- Assessor Parcel Number 171C B 014.02
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $42,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2022
Sold by
Heriberto Hernandez
Bought by
Hernandez Katelyn and Penn Kary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,964
Outstanding Balance
$253,159
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$112,336
Purchase Details
Listed on
Jan 24, 2018
Closed on
Nov 14, 2018
Sold by
Herrick Linda and Revis Ronald
Bought by
Hernandez Heriberto
List Price
$450,000
Sold Price
$426,000
Premium/Discount to List
-$24,000
-5.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.19%
Original Mortgage
$151,300
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2007
Sold by
Casey Ronald Lynn and Casey Linda A
Bought by
Herrick Linda
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Katelyn | $278,000 | Warranty Title | |
| Hernandez Heriberto | $82,000 | None Available | |
| Herrick Linda | $47,500 | First Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Katelyn | $272,964 | |
| Previous Owner | Hernandez Heriberto | $151,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/16/2018 11/16/18 | Sold | $426,000 | -5.3% | $185 / Sq Ft | |
| 08/02/2018 08/02/18 | Pending | -- | -- | -- | |
| 01/24/2018 01/24/18 | For Sale | $450,000 | +33233.3% | $196 / Sq Ft | |
| 05/13/2013 05/13/13 | Sold | $1,350 | 0.0% | $1 / Sq Ft | View Prior Sale |
| 05/13/2013 05/13/13 | Pending | -- | -- | -- | |
| 05/01/2013 05/01/13 | For Sale | $1,350 | +12.5% | $1 / Sq Ft | |
| 02/16/2012 02/16/12 | Sold | $1,200 | 0.0% | $1 / Sq Ft | View Prior Sale |
| 02/16/2012 02/16/12 | Pending | -- | -- | -- | |
| 02/07/2012 02/07/12 | For Sale | $1,200 | -- | $1 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $972 | $43,450 | $0 | $0 |
| 2023 | $972 | $43,450 | $0 | $0 |
| 2022 | $972 | $43,450 | $0 | $0 |
| 2021 | $972 | $43,450 | $0 | $0 |
| 2020 | $927 | $33,525 | $0 | $0 |
| 2019 | $927 | $33,525 | $0 | $0 |
| 2018 | $890 | $33,525 | $0 | $0 |
| 2017 | $927 | $33,525 | $0 | $0 |
| 2016 | $909 | $0 | $0 | $0 |
| 2015 | $1,783 | $32,875 | $0 | $0 |
| 2014 | $1,783 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Realtracs
MLS Number: 2728992
APN: 171C-B-014
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