NOT LISTED FOR SALE

1640 Thrasher Pike Hixson, TN 37343

Estimated Value: $314,251 - $371,000

Studio
2 Baths
2,000 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2013

Last sale price $92,500 $46 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,913 / mo

175 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Wooded Lot
  • Eat-In Kitchen
  • Living Room

About This Home

As of November 2013

'' Back on the market! Complete make over, looks great!'' Very nice 2 bedroom 1.5 bathroom duplex Always tenant occupied, waiting list to rent. Well maintained, newer roof. Come take a look and start your cash flow.

Last Agent to Sell the Property

Michele Burdett

Crye-Leike, REALTORS License #301887 Listed on: 05/16/2013

Crye-Leike, REALTORS

Last Buyer's Agent

Jacque Lyons

Horizon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 90 x 240
  • Level Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 083H B 043.03

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $12,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Year Built

Built in 1984

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 90 X 240
  • Subdivision Name: None
  • Directions: From Hwy 153, take the Hixson Pike North exit. Turn left on Middle Valley Rd, turn left onto Thrasher Pike. Middle duplex on Left, across from Gann Middle Valley Elementary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2000.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 083H B 043.03
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1068.0
  • 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 Dimensions: 90 X 240
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: '' Back on the market! Complete make over, looks great!'' Very nice 2 bedroom 1.5 bathroom duplex Always tenant occupied, waiting list to rent. Well maintained, newer roof. Come take a look and start your cash flow.
  • 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: Hixson Middle
  • General Property Information Stories2: 2
  • Utilities:Sewer Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Level, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • 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
  • Lot Features:Wooded: 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, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Sewer Available
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 083H B 043.03

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12840.0

Tax Info

  • Tax Annual Amount: 1068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Nov 15, 2013
Sold by
Burdett David and Burdett Michele
Bought by
Li Yanlong
Seller's Agent
Michele Burdett
Crye-Leike, REALTORS
Buyer's Agent
Jacque Lyons
Horizon Sotheby's International Realty
List Price
$89,000
Sold Price
$92,500
Premium/Discount to List
$3,500
3.93%
Current Estimated Value
$332,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,313
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Mar 21, 2003
Sold by
Gardenhire David R
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
$71,200
Interest Rate
5.86%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Chen C H
Bought by
Gardenhire David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Li Yanlong $92,500 First Title
Burdett David $89,000 --
Gardenhire David R $75,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Burdett David $71,200
Previous Owner Gardenhire David R $75,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $92,500 +3.9% $46 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $89,000 -- $45 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $1,673 $110,400 $0 $0
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 $1,060 $37,680 $0 $0
2014 $1,060 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michele Burdett

    Crye-Leike, REALTORS

    (423) 870-5202

    2 in this area

    13 Total Sales

    Michele Burdett
    Section Image

  • J

    Buyer's Agent in 2013

    Jacque Lyons

    Horizon Sotheby's International Realty

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1195063

Greater Chattanooga REALTORS®

APN: 083H-B-043.03

Tennessee Hamilton County Hixson 37343

1640 Thrasher Pike, Hixson, TN

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