NOT LISTED FOR SALE

1705 Clemmer St NE Cleveland, TN 37311

Estimated Value: $299,000 - $387,370

-- Bed
4 Baths
6,603 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $395,000 $60 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,900/month

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Brick Exterior Construction
  • Baseboard Heating
  • 1-Story Property

About This Home

As of April 2016

INVESTORS TAKE A LOOK! Great income property close in. Two buildings with a total of 12 units. Each has 1 bedroom/1 bath, all on one level. Convenient to Lee University. All brick, newer roof on both buildings. Total monthly income when full $4450. Averaging 94% occupancy rate.

Last Agent to Sell the Property

Betty Hiefnar-Messer

Genuine Realty Listed on: 04/18/2016

Last Buyer's Agent

Diana Seavey

Crye-Leike REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1964

Lot Details

  • 1.03 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,603 Sq Ft Home
  • 1-Story Property
  • Stove

Schools

  • Mayfield Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050ik005.00/050ik006.00

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Craigmiles Park Addn Subdivision

Building Details

  • Gross Income $53,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,852

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.03
  • Lot Size: 250x150; 50x150
  • Subdivision Name: Craigmiles Park Addn
  • Directions: From downtown Cleveland: go north on Ocoee Street turn right on 20th Street then turn right on Clemmer Street (top of hill across from Mayfield Elementary); Go throu the stop sign then the first unit is on the right. No sign on property
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 6603.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 050ik005.00/050ik006.00
  • Location Tax and Legal Elementary School: Mayfield Elementary
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 2851.87
  • 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: 1.03
  • General Property Information Lot Size Square Feet2: 44866.8
  • General Property Information Lot Size Dimensions: 250x150; 50x150
  • 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
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Cleveland Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 12.0
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: 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: Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Ceiling, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Mayfield Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 050ik005.00/050ik006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 53400.0

Tax Info

  • Tax Annual Amount: 2851.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Patriot Family Rei Llc
Bought by
Williamson Michael
Current Estimated Value
$341,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,927
Outstanding Balance
$875,073
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$528,937
Source: Public Records

Range of Values:

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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
Williamson Michael $950,000 None Listed On Document
Williamson Michael $950,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Michael $972,927
Closed Williamson Michael $972,927
Previous Owner Patriot Family Rei Llc $356,445
Previous Owner Chord Daniel J $316,000
Previous Owner C T Properties $276,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $395,000 0.0% $60 / Sq Ft
04/18/2016 04/18/16 For Sale $395,000 -- $60 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
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 $625 $43,400 $6,600 $36,800
2023 $1,368 $43,400 $6,600 $36,800
2022 $1,368 $43,400 $6,600 $36,800
2021 $1,368 $43,400 $0 $0
2020 $1,934 $43,400 $0 $0
2019 $1,934 $50,360 $0 $0
2018 $2,074 $0 $0 $0
2017 $1,037 $0 $0 $0
2016 $1,081 $0 $0 $0
2015 $1,081 $0 $0 $0
2014 $555 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Betty Hiefnar-Messer

    Genuine Realty

  • D

    Buyer's Agent in 2016

    Diana Seavey

    Crye-Leike REALTORS

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1244498

Greater Chattanooga REALTORS®

APN: 050I-K-006.00

Tennessee Bradley County Cleveland 37311

1705 Clemmer St NE, Cleveland, TN

This home is located at 1705 Clemmer St NE, Cleveland, TN 37311 since 18 April 2016 and is currently estimated at $341,790, approximately $51 per square foot. This property was built in 1964. 1705 Clemmer St NE is a home located in Bradley County with nearby schools including Mayfield Elementary School, Cleveland Middle School, and Cleveland High School.

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