NOT LISTED FOR SALE

Estimated Value: $441,000 - $636,000

-- Bed
2 Baths
1,200 Sq Ft
$423/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $262,000 $218 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,886/month

138 Days on Market

Highlights

  • 1 Acre Lot
  • Living Room
  • Gentle Sloping Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2019

Great duplex in the heart of North Chattanooga. Long term tenants have kept rent low. Very clean and well maintained. Take a look at the photos. Wonderful investment and good to live in and rent the other side.

Last Agent to Sell the Property

Mitch Everhart

Real Estate Brokers License #243059 Listed on: 12/05/2018

Last Buyer's Agent

Doug Lawrence

Berkshire Hathaway HomeServices J Douglas Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,228

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 102.89x140
  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127i B 003

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Highlands Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,228

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 102.89X140
  • Subdivision Name: North Highlands
  • Directions: Burton to left on Dartmouth. Veer right onto Knickerbocker.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1200.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1983
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 127i B 003
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 5227.75
  • 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: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 102.89X140
  • 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 Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Normal Park Upper
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Slab
  • Roof: Shingle
  • Lot Features:Gentle Sloping: 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: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 127i B 003
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 5227.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
May 17, 2019
Sold by
Allison Robert E
Bought by
Lawrenson Sean M
Seller's Agent
Mitch Everhart
Real Estate Brokers
Buyer's Agent
Doug Lawrence
Berkshire Hathaway HomeServices J Douglas Properties
List Price
$269,900
Sold Price
$262,000
Premium/Discount to List
-$7,900
-2.93%
Current Estimated Value
$507,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,215
Avg. Annual Appreciation
11.46%
Original Mortgage
$222,700
Outstanding Balance
$198,657
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$319,761

Purchase Details

Closed on
Oct 20, 2017
Sold by
Allison Robert E
Bought by
Allison Robert E

Purchase Details

Closed on
Jan 22, 2008
Sold by
Allison Mary F
Bought by
Allison Robert E
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
Lawrenson Sean M $262,000 None Available
Allison Robert E -- Title Services Of Tennessee
Allison Robert E -- Title Escrow Chattanooga Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrenson Sean M $222,700
Previous Owner Allison Robert E $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $262,000 -2.9% $218 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $269,900 -- $225 / 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 $1,522 $68,025 $0 $0
2023 $1,522 $68,025 $0 $0
2022 $1,522 $68,025 $0 $0
2021 $1,522 $68,025 $0 $0
2020 $1,792 $103,680 $0 $0
2019 $2,867 $103,680 $0 $0
2018 $2,487 $103,680 $0 $0
2017 $2,867 $103,680 $0 $0
2016 $1,297 $0 $0 $0
2015 $2,496 $46,920 $0 $0
2014 $2,496 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1291625

Greater Chattanooga REALTORS®

APN: 127I-B-003