NOT LISTED FOR SALE

Estimated Value: $234,934 - $403,000

Studio
-- Bath
1,931 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 18, 2012

Last sale price $9,000 $5 Per Sq Ft

Est. 3,364% increase in value since last sale

Current estimated payment $1,761/month

143 Days on Market

Highlights

  • Private Yard
  • Eat-In Kitchen
  • Level Lot
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of January 2012

Investors, take a look at the potential here. Single family home connected to a duplex. It has 2 meters. Walking distance to Tennessee Temple. The income potential here is great. Call for an appointment today.

Last Agent to Sell the Property

Shannon Wilson

Keller Williams Realty License #310657 Listed on: 07/08/2011

Keller Williams Realty

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 50x115
  • Level Lot
  • Private Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,931 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Schools

  • East Side Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Community Details

  • No Home Owners Association
  • 2 Units
  • Berrys Amended Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156B E 009

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50X115
  • Subdivision Name: Berrys Amended Addn
  • Directions: Bailey Avenue toward downtown, left on Orchard Knob, left on 14th
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1931.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Location Tax and Legal Parcel Number2: 156B E 009
  • Location Tax and Legal Elementary School: East Side Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1097.0
  • 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: 50X115
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Investors, take a look at the potential here. Single family home connected to a duplex. It has 2 meters. Walking distance to Tennessee Temple. The income potential here is great. Call for an appointment today.
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • 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
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Side Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Parcel #: 156B E 009

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1097.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2011
Closed on
Jan 18, 2012
Sold by
Madan G K
Bought by
Vashi Vikram M
Seller's Agent
Shannon Wilson
Keller Williams Realty
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$19,775
Sold Price
$9,000
Premium/Discount to List
-$10,775
-54.49%
Current Estimated Value
$311,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,734
Avg. Annual Appreciation
28.79%

Purchase Details

Closed on
Mar 20, 2008
Sold by
Palmer Luther
Bought by
Bracken Elizabeth D and Akers Robbie J

Purchase Details

Closed on
Nov 14, 2007
Sold by
Wells Fargo Bank Na
Bought by
Palmer Luther

Purchase Details

Closed on
May 17, 2007
Sold by
King Allen and King Doris
Bought by
Wells Fargo Bank Na and Merrill Lynch Mortgage Investors Trust M

Purchase Details

Closed on
Jun 2, 2004
Sold by
Talley Janet Rosser and Thomas Janet Talley
Bought by
King Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 1997
Sold by
Rosser Frank S and Rosser Dorothy S
Bought by
Talley Janet Rosser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
Vashi Vikram M $13,900 Realty Title & Escrow Servic
Madan G K $9,000 Realty Title & Escrow Servic
Bracken Elizabeth D $15,000 Rels
Palmer Luther $7,820 Rels
Wells Fargo Bank Na $37,065 None Available
Wells Fargo Bank Na $37,065 None Available
King Allen $80,000 Choo Choo Title Inc
Talley Janet Rosser -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Allen $68,000
Previous Owner Talley Janet Rosser $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2012 01/18/12 Sold $9,000 -54.5% $5 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
07/08/2011 07/08/11 For Sale $19,775 -- $10 / 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
2025 $1,761 $116,160 $0 $0
2024 $773 $34,560 $0 $0
2023 $773 $34,560 $0 $0
2022 $773 $34,560 $0 $0
2021 $773 $34,560 $0 $0
2020 $630 $22,800 $0 $0
2019 $630 $22,800 $0 $0
2018 $646 $22,800 $0 $0
2017 $630 $22,800 $0 $0
2016 $630 $0 $0 $0
2015 $1,272 $22,800 $0 $0
2014 $1,272 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1165760

Greater Chattanooga REALTORS®

APN: 156B-E-009