NOT LISTED FOR SALE

1628 Thrasher Pike Hixson, TN 37343

Estimated Value: $287,000 - $374,000

-- Bed
3 Baths
2,200 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $172,500 $78 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,872/month

9 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating

About This Home

As of June 2020

TWO-UNIT DUPLEX. Each unit includes 2 bedrooms / 1.5 bathrooms. Both units are NEWLY renovated. New ROOF, fascia and eaves, and gutters. INSIDE: NEW flooring throughout (vinyl and carpet), ALL new doors (interior and exterior), New hot water heater, NEW kitchen appliances. NEW Toilets. Each unit also has washer/dryer hookups and all appliances shown in photos are included. In current condition, each side rents for $750/month. UPDATED SEPTIC SYSTEM with brand new field-lines installed May 2020. Currently occupied, PLEASE do not disturb tenants. Call 423-827-4915 for more information. OWNER / AGENT

Last Agent to Sell the Property

Justin Tate

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4238274915 License #335702 Listed on: 05/03/2020

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 96.08x244.88

Home Design

  • Duplex

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 3 Levels

Schools

  • Hixson Middle School
  • Hixson High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 083H B 043.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1984

Lot Details

0

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
  • Attribution Contact: 4238274915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2200
  • 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 Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 96.08X244.88
  • Lot Size Units: Acres
  • Parcel #: 083H B 043.01
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18000
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1099

MLS Schools

  • High School: Hixson High School
  • Middle Or Junior School: Hixson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Lafferre Meghan and Moore David
Bought by
Quotient Properties Gp
Current Estimated Value
$330,236

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 24, 2020
Sold by
Tate Justin
Bought by
Lafferre Meghan and Moore David
Seller's Agent
Justin Tate
Real Estate Partners Chattanooga, LLC
List Price
$195,000
Sold Price
$172,500
Premium/Discount to List
-$22,500
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$129,375
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Yang Shenteng Ted
Bought by
Tate Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 3, 2013
Sold by
Burdett David and Burdett Michele
Bought by
Yang Shenteng Ted
Seller's Agent
Comps Only
COMPS ONLY
Buyer's Agent
Ching-Ching Chow
Crye-Leike, REALTORS
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Listed on
May 16, 2013
Closed on
Sep 11, 2013
Sold by
Mcnamara Mcnamara Fred L Fred L and Mcnamara John L
Bought by
Burdett David and Burdett Michele
Seller's Agent
Comps Only
COMPS ONLY
Buyer's Agent
Ching-Ching Chow
Crye-Leike, REALTORS
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Purchase Details

Closed on
Jul 1, 2003
Sold by
Mcnamara Fred L
Bought by
Burdett David and Burdett Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,950
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Swanson Thomas L
Bought by
Hud

Purchase Details

Closed on
Feb 26, 1999
Sold by
Chen C H and Chen Lana T
Bought by
Swanson Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,950
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quotient Properties Gp -- None Available
Lafferre Meghan $172,500 Foundation T&E Llc
Tate Justin $120,000 None Available
Yang Shenteng Ted $79,000 Northgate Title Escrow Inc
Burdett David -- Northgate Title Escrow Inc
Burdett David $78,500 Nations Title Agency Of Ga
Hud $81,915 --
Swanson Thomas L $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafferre Meghan $129,375
Previous Owner Tate Justin $102,000
Previous Owner Burdett David $54,950
Previous Owner Swanson Thomas L $75,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $172,500 -11.5% $78 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $195,000 +146.8% $89 / Sq Ft
10/04/2013 10/04/13 Sold $79,000 -12.1% $40 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $89,900 -- $45 / 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 $1,530 $68,400 $0 $0
2023 $1,548 $68,400 $0 $0
2022 $1,548 $68,400 $0 $0
2021 $1,548 $68,400 $0 $0
2020 $1,099 $39,080 $0 $0
2019 $1,099 $39,080 $0 $0
2018 $1,099 $39,080 $0 $0
2017 $1,099 $39,080 $0 $0
2016 $1,060 $0 $0 $0
2015 $669 $23,550 $0 $0
2014 $669 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2723749

Realtracs

APN: 083H-B-043.01