NOT LISTED FOR SALE

Estimated Value: $111,000 - $135,000

2 Beds
1 Bath
1,149 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $115,000 $100 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $681/month

1 Day on Market

Highlights

  • Open Floorplan
  • Bathtub with Shower
  • 1-Story Property
  • No HOA
  • Living Room
  • Central Heating and Cooling System

About This Home

As of March 2024

Calling all investors and homebuyers! Here's a fantastic opportunity you won't want to miss. This 2-bedroom, 1-bathroom home, ideally situated for easy access to I24 and downtown Chattanooga, is ready for a little TLC to unlock its full potential.
Currently, this property generates $700 per month in rental income, with a long-term legacy tenant on a month-to-month lease. Whether you're an investor looking to add to your portfolio or a homebuyer seeking a great deal in a convenient location, this property offers both options.
Please respect the privacy of our valued tenants, and note that showings will be available after an accepted contract. The property is being sold as-is, providing an excellent opportunity to make it your own or enhance its rental income potential.
With its attractive price point, this property won't stay on the market for long. Schedule your appointment today to explore the possibilities and secure this investment or your future home!

Last Agent to Sell the Property

David Hanson

EXP Realty, LLC License #338923 Listed on: 02/14/2024

EXP Realty, LLC

Last Buyer's Agent

Libby Pratt

Horizon Sotheby's International Realty License #328924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 45x133.5
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,149 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Living Room
  • Basement
  • Crawl Space
  • Electric Range

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Thomas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156f K 040

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 45X133.5
  • Subdivision Name: Thomas
  • Directions: Take I-24 to 4th Avenue Exit, turn right on 4th Avenue, turn right on 23rd Street, turn left on Randolph Street, home on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1149.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156f K 040
  • Location Tax and Legal Elementary School: East Lake Elementary
  • Location Tax and Legal Middle Or Junior School2: East Lake Academy of Fine Arts
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 454.34
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 45X133.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Flooring:Linoleum: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Linoleum, Vinyl
  • Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo
  • Window Features: Vinyl Frames
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: None
  • Foundation Details: Block
  • Roof: Shingle
  • Exterior Features:None8: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No
  • Parcel #: 156f K 040
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 454.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 15, 2024
Sold by
Dizzy Feet Llc
Bought by
Lovett Virginia Ann
Seller's Agent
David Hanson
EXP Realty, LLC
Buyer's Agent
Libby Pratt
Horizon Sotheby's International Realty
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%
Total Days on Market
1
Views
25
Current Estimated Value
$121,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,438
Avg. Annual Appreciation
9.56%
Original Mortgage
$92,000
Outstanding Balance
$89,875
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$41,287

Purchase Details

Closed on
Mar 8, 2019
Sold by
Ch Consultation Group Llc
Bought by
Dizzy Feet Llc

Purchase Details

Closed on
Jan 26, 2016
Sold by
Harper Ricky Jermael
Bought by
Edwards Chevanne

Purchase Details

Closed on
Apr 21, 2015
Sold by
Berryman Mary Frances and Berryman Ronald Howard
Bought by
Harper Ricky Jermael

Purchase Details

Closed on
Dec 29, 2009
Sold by
Berryman Ronald Howard
Bought by
Berryman Mary Frances

Purchase Details

Closed on
Nov 20, 2007
Sold by
Hester Guanita M
Bought by
Hud

Purchase Details

Closed on
Jul 30, 1998
Sold by
Boyd Charles A and Boyd Donna J
Bought by
Hester Guanita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,400
Interest Rate
6.96%
Mortgage Type
FHA
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
Lovett Virginia Ann $115,000 Reli Settlement Solutions
Dizzy Feet Llc $247,000 Choice Title Company Inc
Edwards Chevanne $16,500 Title Svcs Of Tennessee Inc
Harper Ricky Jermael $15,000 First Choice Title Inc
Berryman Mary Frances -- None Available
Hud $26,268 None Available
Hester Guanita M $26,500 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovett Virginia Ann $92,000
Previous Owner Berryman Ronald H $30,000
Previous Owner Hester Guanita M $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $115,000 +4.5% $100 / Sq Ft
02/17/2024 02/17/24 Off Market $110,000 -- --
02/14/2024 02/14/24 For Sale $110,000 -- $96 / 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 $227 $10,125 $0 $0
2023 $227 $10,125 $0 $0
2022 $227 $10,125 $0 $0
2021 $227 $10,125 $0 $0
2020 $214 $7,725 $0 $0
2019 $214 $7,725 $0 $0
2018 $302 $7,725 $0 $0
2017 $214 $7,725 $0 $0
2016 $199 $0 $0 $0
2015 $481 $7,200 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1386796

Greater Chattanooga REALTORS®

APN: 156F-K-040