$92,500
SOLD NOV 15, 2013

1640 Thrasher Pike Hixson, TN 37343

-- Bed
-- Bath
2,000 Sq Ft
0.49 Acres

Recently Sold

$46 Per Sq Ft

4% Above List Price

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

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
  • 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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%

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:

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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 Type Sale Price Title Company
Warranty Deed $92,500 First Title
Warranty Deed $89,000 --
Warranty Deed $75,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $71,200 No Value Available
Previous Owner $75,450 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $320,000 +245.9% $145 / 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 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 $1,060 $37,680 $0 $0
2014 $1,060 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1195063

Greater Chattanooga REALTORS®

APN: 083H-B-043.03