NOT LISTED FOR SALE

Estimated Value: $215,346 - $285,000

-- Bed
2 Baths
1,680 Sq Ft
$154/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $242,000 $144 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,570/month

2 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Brick Exterior Construction
  • Westview Elementary School Rated A-
  • Cul-De-Sac
  • Living Room

About This Home

As of December 2022

Fantastic investment opportunity! This duplex has 2 bedrooms and 1 bathroom on both sides, and currently has long term tenants in both sides. The roof is brand new and HVACs are around 8 years old.


Agent has personal interest in this property. Information is deemed reliable but not guaranteed. Buyer should verify information of concern, including but not limited to schools and square footage. Being sold as is.

Last Agent to Sell the Property

Lauren Barr

Premier Property Group Inc. License #351645 Listed on: 11/13/2022

Last Buyer's Agent

John Kelly

SquareOne Realty, LLC License #278600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1972

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 143.2x138.7
  • Cul-De-Sac

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Schools

  • Westview Elementary School
  • East Hamilton Middle School
  • East Hamilton High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 159m E 028

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hamlet Villa Subdivision

Building Details

  • Gross Income $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$676

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Lot Size: 143.2X138.7
  • Subdivision Name: Hamlet Villa
  • Directions: Take I75 to exit 3A to merge onto TN-320 E/E Brainerd Rd, Turn left onto Hamlet Dr, Turn right onto Lancer Ln, Turn right onto Duke Ln, house will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1680.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1972
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 159m E 028
  • Location Tax and Legal Elementary School: Westview Elementary
  • Location Tax and Legal High School: East Hamilton
  • Location Tax and Legal:Tax Annual Amount: 675.77
  • 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: 0.45
  • General Property Information Lot Size Square Feet2: 19602.0
  • General Property Information Lot Size Dimensions: 143.2X138.7
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Hamilton
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Microwave7: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Cul-De-Sac: 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

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Heating:Ceiling: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Westview Elementary
  • High School: East Hamilton
  • Middle Or Junior School: East Hamilton

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 159m E 028
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7500.0

Tax Info

  • Tax Annual Amount: 675.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Dec 16, 2022
Sold by
Optimum Offer Llc
Bought by
Beard Ethan
Seller's Agent
Lauren Barr
Premier Property Group Inc.
Buyer's Agent
John Kelly
SquareOne Realty, LLC
List Price
$235,000
Sold Price
$242,000
Premium/Discount to List
$7,000
2.98%
Views
7
Current Estimated Value
$270,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,557
Avg. Annual Appreciation
6.75%
Original Mortgage
$242,000
Outstanding Balance
$236,074
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$51,874

Purchase Details

Listed on
Nov 13, 2022
Closed on
Oct 28, 2022
Sold by
Randall Vance E
Bought by
Optimum Offer Llc
Seller's Agent
Lauren Barr
Premier Property Group Inc.
Buyer's Agent
John Kelly
SquareOne Realty, LLC
List Price
$235,000
Sold Price
$242,000
Premium/Discount to List
$7,000
2.98%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$236,074
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$51,874

Purchase Details

Closed on
May 7, 2001
Sold by
Ar Rahmann Alvin C and Ar Gloria J
Bought by
Ar Rahmann Alvin C and Ar Rahmann Gloria J

Purchase Details

Closed on
Nov 10, 1987
Sold by
Randall Vance E
Bought by
Harrah Dorothy I Coffey and Coffey Dorothy I
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
Beard Ethan -- --
Optimum Offer Llc $166,000 --
Ar Rahmann Alvin C -- --
Harrah Dorothy I Coffey $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Ethan $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $242,000 +3.0% $144 / Sq Ft
11/17/2022 11/17/22 Off Market $235,000 -- --
11/13/2022 11/13/22 For Sale $235,000 -- $140 / 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 $1,052 $47,040 $0 $0
2023 $676 $29,400 $0 $0
2022 $676 $29,400 $0 $0
2021 $676 $29,400 $0 $0
2020 $695 $24,475 $0 $0
2019 $695 $24,475 $0 $0
2018 $695 $24,475 $0 $0
2017 $695 $24,475 $0 $0
2016 $591 $0 $0 $0
2015 $591 $20,725 $0 $0
2014 $591 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1365405

Greater Chattanooga REALTORS®

APN: 159M-E-028