NOT LISTED FOR SALE

Estimated Value: $276,000 - $434,370

-- Bed
2 Baths
3,720 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $232,500 $62 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,276/month

37 Days on Market

Highlights

  • Deck
  • No HOA
  • Eat-In Kitchen
  • Private Yard
  • Den
  • Multiple cooling system units

About This Home

As of March 2020

Turn-Key Investment Opportunity - 4-Unit Multi-Fam Property - Lakeview, GA. An investment opportunity not to miss in the Lakeview area of North Georgia – 4 Occupied units will be sold at Online Auction on March 10th at 12pm. Located in the heart of Lakeview, All units are currently occupied: 1 Duplex + 2 Single Family homes . The owner has performed EXTENSIVE RENOVATIONS on all 4 Units: new HVAC, roof, plumbing, windows, electrical, septic, gutters, flooring, etc.

Last Agent to Sell the Property

William Wood

Compass Auctions & Real Estate License #329968 Listed on: 02/07/2020

Compass Auctions & Real Estate

Last Buyer's Agent

William Wood

Compass Auctions & Real Estate License #329968 Listed on: 02/07/2020

Compass Auctions & Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Private Yard

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Storage
  • Washer and Dryer Hookup
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Cloud Springs Elementary School
  • Lakeview Middle School
  • Lakeview-Ft. Oglethorpe High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 0001e-053

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lakeview Subdivision

Building Details

  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,117

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Lot Size: 100x200
  • Subdivision Name: Lakeview
  • Directions: From Interstate 24 - South on McBrien Rd, McBrien Rd becomes Page Rd at the state line. Continue South until you hit Lakeview Drive, turn Right on Lakeview Drive, travel approx 1.1 mile, turn Left on Nason St. Property is on your Right approximately 1/10th of a mile ahead.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3720.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0001e-053
  • Location Tax and Legal Elementary School: Cloud Springs Elementary
  • Location Tax and Legal High School: Lakeview-Ft. Oglethorpe
  • Location Tax and Legal:Tax Annual Amount: 1117.39
  • 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: 0.46
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Dimensions: 100x200
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Lakeview Middle
  • Cooling:Multi Units: Yes
  • Security Features:Security System: Yes
  • General Property Information Stories2: 2
  • Auctioneer License: AU004001
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 3 Den5: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Owner Pays:Water3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Living Room6: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: 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

  • Security: Security System
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multi Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Cloud Springs Elementary
  • High School: Lakeview-Ft. Oglethorpe
  • Middle Or Junior School: Lakeview Middle

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 0001e-053
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33900.0

Tax Info

  • Tax Annual Amount: 1117.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 26, 2020
Sold by
Phoenix Enterprises Unlimited Llc
Bought by
R & B Land Llc
Seller's Agent
William Wood
Compass Auctions & Real Estate
Buyer's Agent
William Wood
Compass Auctions & Real Estate
List Price
$232,500
Sold Price
$232,500
Current Estimated Value
$375,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,490
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 5, 2016
Sold by
Mckeehan Willie Kate
Bought by
Phoneix Enterprises Unlimited
Seller's Agent
Jan Mashburn
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Rodney Cook
ERA Blue Key Properties
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Mckeehan Roy L
Bought by
Mckeehan James

Purchase Details

Closed on
Sep 30, 1999
Bought by
Mckeehan Roy L
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
R & B Land Llc $223,750 --
Phoneix Enterprises Unlimited -- --
Mckeehan James -- --
Mckeehan James $93,596 --
Mckeehan Roy L $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & B Land Llc $1,196,000
Previous Owner Phoenix Enterprises Unlimited $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $232,500 0.0% $63 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $232,500 +190.6% $63 / Sq Ft
12/05/2016 12/05/16 Sold $80,000 -27.3% $24 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $110,000 -- $33 / 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 $2,604 $150,111 $7,817 $142,294
2023 $2,362 $105,494 $7,817 $97,677
2022 $1,835 $81,951 $7,817 $74,134
2021 $1,715 $81,951 $7,817 $74,134
2020 $1,105 $47,774 $6,700 $41,074
2019 $1,117 $47,774 $6,700 $41,074
2018 $1,180 $47,774 $6,700 $41,074
2017 $791 $44,482 $6,700 $37,782
2016 $911 $37,051 $6,700 $30,351
2015 -- $36,564 $6,700 $29,864
2014 -- $36,564 $6,700 $29,864
2013 -- $36,564 $6,700 $29,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1313054

Greater Chattanooga REALTORS®

APN: 0001E-053