G
Seller's Agent in 2017
George Patten
Real Estate Brokers
(423) 503-1296
27 Total Sales
1701 Read Ave Chattanooga, TN 37408
Southside NeighborhoodEstimated Value: $464,000 - $613,000
--
Bed
2
Baths
2,040
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Deck
- Eat-In Kitchen
- Living Room
- No HOA
- Patio
- 4-minute walk to Water Tower Park
About This Home
As of September 2017Terrific opportunity to own an income producing property on the Southside. New owner may want to live in one side and lease the other. Short term rental is a possibility. Take advantage of the demand for rental property in this area. Both units have dishwashers and don't forget the convenient off street parking.
Last Agent to Sell the Property
Real Estate Brokers License #277775 Listed on: 08/22/2017
Co-Listed By
Matt McDonald
Real Estate Brokers
Last Buyer's Agent
Kevin Wamack
Horizon Sotheby's International Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,374
Year Built
- Built in 1998
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50 x 133
- Level Lot
Parking
- Off-Street Parking
Home Design
- Duplex
- Block Foundation
- Shingle Roof
Interior Spaces
- 2,040 Sq Ft Home
- 2-Story Property
- Living Room
- Storage
- Washer and Dryer Hookup
- Basement
- Crawl Space
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
Outdoor Features
- Deck
- Patio
Schools
- Battle Academy Elementary School
- Orchard Knob Middle School
- Howard School Of Academics & Tech High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 145l F 002
Community Details
Overview
- No Home Owners Association
- 2 Units
- Fort Negley Addn Subdivision
Recreation
- Community Playground
Building Details
- Gross Income $31,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2017
Closed on
Sep 22, 2017
Sold by
Leopold Robert K and Leopold Lisa
Bought by
Sins Matthew K
Seller's Agent
George Patten
Real Estate Brokers
Buyer's Agent
Kevin Wamack
Horizon Sotheby's International Realty
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,360
Avg. Annual Appreciation
6.60%
Purchase Details
Listed on
Mar 27, 2014
Closed on
May 1, 2014
Sold by
Mackenzie Matthew T and Mackenzie Rhionnon
Bought by
Lisa Leopold Robert K and Lisa Leopolt
Seller's Agent
George Patten
Real Estate Brokers
Buyer's Agent
George Patten
Real Estate Brokers
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$144,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2007
Sold by
Chattanooga Neighborhood Enterprise Inc
Bought by
Mackenzie Matthew T and Mackenzie Rhionnon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,427
Interest Rate
6.07%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 6, 1997
Sold by
Smith John H and Smith Annie Laurie
Bought by
Chattanooga Neighborhood Enterprise Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sins Matthew K | $315,000 | Cumberland Title & Guranty C | |
| Lisa Leopold Robert K | $180,000 | First Title | |
| Mackenzie Matthew T | $135,000 | First Title | |
| Chattanooga Neighborhood Enterprise Inc | $22,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lisa Leopold Robert K | $144,000 | |
| Previous Owner | Mackenzie Matthew T | $130,427 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $315,000 | -6.0% | $154 / Sq Ft | |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- | |
| 08/22/2017 08/22/17 | For Sale | $335,000 | +86.1% | $164 / Sq Ft | |
| 05/09/2014 05/09/14 | Sold | $180,000 | -5.3% | $88 / Sq Ft | View Prior Sale |
| 04/04/2014 04/04/14 | Pending | -- | -- | -- | |
| 03/27/2014 03/27/14 | For Sale | $190,000 | -- | $93 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $2,792 | $124,800 | $0 | $0 |
| 2023 | $2,792 | $124,800 | $0 | $0 |
| 2022 | $2,792 | $124,800 | $0 | $0 |
| 2021 | $2,792 | $124,800 | $0 | $0 |
| 2020 | $2,762 | $99,880 | $0 | $0 |
| 2019 | $2,762 | $99,880 | $0 | $0 |
| 2018 | $2,401 | $99,880 | $0 | $0 |
| 2017 | $1,594 | $57,640 | $0 | $0 |
| 2016 | $1,294 | $0 | $0 | $0 |
| 2015 | $2,490 | $46,800 | $0 | $0 |
| 2014 | $2,490 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Patten
-
M
Seller Co-Listing Agent in 2017
Matt McDonald
Real Estate Brokers
-
K
Buyer's Agent in 2017
Kevin Wamack
Horizon Sotheby's International Realty
-
M
Seller Co-Listing Agent in 2014
Margaret Patten
Real Estate Brokers
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1269143
APN: 145L-F-002
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