NOT LISTED FOR SALE

Estimated Value: $174,533 - $270,000

Studio
2 Baths
2,100 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $220,000 $105 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,319/month

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of October 2023

**OPEN HOUSE FRIDAY 9/15 2-4PM** Recently Renovated 6 bed/3 bath 2100sf Duplex Available! Each unit offers THREE bedrooms, 1.5 baths, and 1000+ sf per unit; uniquely spacious for duplexes in Chattanooga. Both units are rented on yearly leases at $965/side for a Gross monthly rent of $1930/mo; room to push rents above $2k/mo. Professional management in place. Two separate meters; tenants pay all utilities. Central heat & air. Photos are from last renovation completed in late 2022. Both units occupied, please do not disturb tenants; interior showing available Friday 9/15 from 2-4pm. Seller-side closing to be held at Title Guaranty and Trust, 617 Walnut St, Chattanooga TN.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 2003

Lot Details

  • 7,405

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Hardy Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Additional Features

  • Lot Dimensions are 50x150
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,930
  • Assessor Parcel Number 136K D 015

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Peyers Subdivision

Building Details

  • Gross Income $23,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,955

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2100
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding, Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X150
  • Lot Size Units: Acres
  • Parcel #: 136K D 015
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 23160
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1930

Tax Info

  • Tax Annual Amount: 1955

MLS Schools

  • Elementary School: Hardy Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 9, 2023
Sold by
Warren Elizabeth Ashley and Warren Matthew Wayne
Bought by
Warren Revocable Living Trust and Warren
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$232,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,883
Avg. Annual Appreciation
2.55%
Original Mortgage
$165,000
Outstanding Balance
$161,299
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$71,584

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 19, 2023
Sold by
Rykwalder Philip
Bought by
Warren Elizabeth Ashley and Warren Matthew Wayne
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$161,299
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$71,584

Purchase Details

Closed on
Jun 10, 2022
Sold by
3Gh Llc
Bought by
Urban Thrive Llc

Purchase Details

Closed on
Feb 14, 2022
Sold by
Jgk Holdings Llc
Bought by
3Gh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 7, 2022
Sold by
4 Jays Llc
Bought by
Jgk Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 24, 2018
Sold by
Lookout Mountain Suites Llc
Bought by
4 Jays Llc

Purchase Details

Closed on
Dec 1, 2011
Sold by
Taylor Gerald Ray
Bought by
Lookout Mountain Suites Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
M&T Bank
Bought by
Taylor Gerald Ray

Purchase Details

Closed on
May 25, 2005
Sold by
Henry Sandra C and Henry Larry E
Bought by
M and Hsbc Bank Usa

Purchase Details

Closed on
Sep 18, 2002
Sold by
Thompson Charles A and Thompson Mary K
Bought by
Henry Sandra C

Purchase Details

Closed on
Apr 21, 1998
Sold by
Hamilton County and Ramsey Claude
Bought by
Thompson Charles A and Thompson Mary K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warren Revocable Living Trust -- Chapman & Rosenthal Title
Warren Revocable Living Trust -- Chapman & Rosenthal Title
Warren Elizabeth Ashley $220,000 Title Guaranty & Trust
Rykwalder Philip -- Title Guaranty & Trust
Warren Elizabeth Ashley $220,000 Title Guaranty & Trust
Rykwalder Philip -- Title Guaranty & Trust
Urban Thrive Llc -- --
Urban Thrive Llc -- --
3Gh Llc $300,000 None Listed On Document
3Gh Llc $300,000 None Listed On Document
Jgk Holdings Llc $445,000 None Listed On Document
Jgk Holdings Llc $445,000 None Listed On Document
4 Jays Llc -- First Title
4 Jays Llc -- First Title
Lookout Mountain Suites Llc $18,001 None Available
Lookout Mountain Suites Llc $18,001 None Available
Taylor Gerald Ray $50,000 Milligan Reynolds Guaranty T
Taylor Gerald Ray $50,000 Milligan Reynolds Guaranty T
M $89,910 --
M $89,910 --
Henry Sandra C -- First American Title Ins Co
Henry Sandra C -- First American Title Ins Co
Thompson Charles A $315 --
Thompson Charles A $315 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Elizabeth Ashley $165,000
Previous Owner 3Gh Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $220,000 -8.3% $105 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $239,900 -- $114 / Sq Ft
Source: Realtracs

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 $1,310 $86,400 $0 $0
2024 $975 $43,560 $0 $0
2023 $975 $43,560 $0 $0
2022 $975 $43,560 $0 $0
2021 $975 $43,560 $0 $0
2020 $1,019 $36,840 $0 $0
2019 $1,019 $36,840 $0 $0
2018 $965 $36,840 $0 $0
2017 $1,019 $36,840 $0 $0
2016 $972 $0 $0 $0
2015 $1,899 $35,160 $0 $0
2014 $1,899 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2713201

Realtracs

APN: 136K-D-015