NOT LISTED FOR SALE

Estimated Value: $221,000 - $268,000

-- Bed
2 Baths
1,628 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $217,500 $134 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,315/month

35 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Brick Exterior Construction
  • Level Lot
  • 1-Story Property

About This Home

As of February 2024

Start earning passive income in your sleep with this multi-family home! Units are 2 bed 1 bath on either side. Duplex sits on a large lot in one of Chattanooga's fastest growing areas! One side has been renovated while the other still needs some work to bring it to life. Both units are currently tenant occupied at below market rents with leases through July and October 2024. No showings without accepted offer.

Last Agent to Sell the Property

Drew Carey

EXP Realty, LLC License #327119 Listed on: 01/11/2024

EXP Realty, LLC

Last Buyer's Agent

Carey Thornhill

Real Estate 9, LLC License #314225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 50x135
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property

Schools

  • Clifton Hills Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 156j A 029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50X135
  • Subdivision Name: None
  • Directions: From S Holtzclaw Ave, turn left onto E 23rd St. Turn right onto S Hickory St. Turn left onto E 26th Street. In 0.1 miles, arrive at 1803 E 26th Street on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1628.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1968
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156j A 029
  • Location Tax and Legal Elementary School: Clifton Hills Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1292.34
  • 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: 50X135
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

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: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Clifton Hills Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Parcel #: 156j A 029

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22200.0

Tax Info

  • Tax Annual Amount: 1292.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 29, 2024
Sold by
Brown Christopher E and Brown Dayna R
Bought by
Bossa Nova Tn Llc
Seller's Agent
Drew Carey
EXP Realty, LLC
Buyer's Agent
Carey Thornhill
Real Estate 9, LLC
List Price
$275,000
Sold Price
$217,500
Premium/Discount to List
-$57,500
-20.91%
Views
102
Current Estimated Value
$236,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,299
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 14, 2022
Sold by
Value Premise Llc
Bought by
Brown Christopher E and Brown Dayna R
Seller's Agent
Lisa Paller
Working Moms Realty LLC
Buyer's Agent
Drew Carey
EXP Realty, LLC
List Price
$139,900
Sold Price
$112,000
Premium/Discount to List
-$27,900
-19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.26%
Original Mortgage
$89,600
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2020
Sold by
Mcwhorter Ronald
Bought by
Value Premise Llc

Purchase Details

Closed on
Jun 5, 2007
Sold by
Lefkoff Brenda and Lefkoff Paul
Bought by
Mcwhorter Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,125
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Bossa Nova Tn Llc $220,000 Ensign Title
Brown Christopher E $112,000 None Listed On Document
Value Premise Llc $43,000 Rudy Title & Escrow Llc
Mcwhorter Ronald $42,500 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Christopher E $89,600
Previous Owner Mcwhorter Ronald $36,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $217,500 -13.0% $134 / Sq Ft
02/18/2024 02/18/24 Off Market $250,000 -- --
01/26/2024 01/26/24 Price Changed $250,000 -3.8% $154 / Sq Ft
01/16/2024 01/16/24 Price Changed $260,000 -5.5% $160 / Sq Ft
01/11/2024 01/11/24 For Sale $275,000 +145.5% $169 / Sq Ft
07/14/2022 07/14/22 Sold $112,000 -19.9% $69 / Sq Ft View Prior Sale
06/02/2022 06/02/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $139,900 -- $86 / 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 $644 $28,800 $0 $0
2023 $644 $28,800 $0 $0
2022 $644 $28,800 $0 $0
2021 $644 $28,800 $0 $0
2020 $637 $23,040 $0 $0
2019 $637 $23,040 $0 $0
2018 $651 $23,040 $0 $0
2017 $637 $23,040 $0 $0
2016 $820 $0 $0 $0
2015 $1,619 $29,640 $0 $0
2014 $1,619 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1384680

Greater Chattanooga REALTORS®

APN: 156J-A-029