NOT LISTED FOR SALE

2 Arnold Dr Chattanooga, TN 37412

Estimated Value: $364,000 - $385,000

Studio
1 Bath
2,340 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2018

Last sale price $136,400 $58 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,150 / mo

36 Days on Market

Highlights

  • 0.53 Acre Lot
  • Brick Exterior Construction
  • Living Room
  • No HOA
  • Multiple cooling system units
  • Central Heating and Cooling System

About This Home

As of August 2018

East Ridge Duplex Sells Absolute! This duplex features a 3 bed/1.5 bath unit & a 2 bed/1 bath unit on .53+- acres. Terms: 10% buyers premium applies, 20% non-refundable deposit due day of sale with closing in 30 days, sells as-is where-is with no warranties. Lead Based Paint Disclosure does apply. Auction Preview Dates: Sunday, July 22nd & Friday, July 27th from 2 to 4 p.m.

Last Agent to Sell the Property

John Sanders

Crye-Leike REALTORS License #270747 Listed on: 07/10/2018

Crye-Leike REALTORS

Last Buyer's Agent

John Sanders

Crye-Leike REALTORS License #270747 Listed on: 07/10/2018

Crye-Leike REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1959

Lot Details

  • 22,921 Sq Ft Lot
  • Lot Dimensions are 120 x 315
  • Level Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Unfinished Basement
  • Partial Basement

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • 2 Units
  • E W Arnold Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157p C 026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1959

Lot Details

0.53 Acres

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.53
  • Lot Size: 120 x 315
  • Subdivision Name: E W Arnold
  • Directions: Travel I-24 West & take the Belvoir Exit. Lt on Belvoir Ave, Rt on Arnold Dr & Watch for Auction Signs!
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2340.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1959
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157p C 026
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1978.04
  • 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: 0.53
  • General Property Information Lot Size Square Feet2: 22921.0
  • General Property Information Lot Size Dimensions: 120 x 315
  • 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: East Ridge Duplex Sells Absolute! This duplex features a 3 bed/1.5 bath unit & a 2 bed/1 bath unit on .53+- acres. Terms: 10% buyers premium applies, 20% non-refundable deposit due day of sale with closing in 30 days, sells as-is where-is with no warranties. Lead Based Paint Disclosure does apply. Auction Preview Dates: Sunday, July 22nd & Friday, July 27th from 2 to 4 p.m.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Levels:One: Yes
  • Cooling:Multi Units: Yes
  • General Property Information Stories2: 1
  • Foundation Details BrickMortar: Yes
  • Auctioneer License: 4526
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multi Units
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 22921.0
  • Parcel #: 157p C 026
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1978.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 15, 2018
Sold by
Branam Jon Andrew
Bought by
Moore Wendell D
Seller's Agent
John Sanders
Crye-Leike REALTORS
Buyer's Agent
John Sanders
Crye-Leike REALTORS
List Price
$136,400
Sold Price
$136,400
Current Estimated Value
$372,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,504
Avg. Annual Appreciation
14.07%
Original Mortgage
$6,200
Outstanding Balance
$5,339
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$367,565

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jul 27, 2018
Sold by
Shelly Diane Frances
Bought by
Branam Jon Andrew
Seller's Agent
John Sanders
Crye-Leike REALTORS
Buyer's Agent
John Sanders
Crye-Leike REALTORS
List Price
$136,400
Sold Price
$136,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,200
Outstanding Balance
$5,339
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$367,565

Purchase Details

Closed on
Apr 26, 2018
Sold by
Branam Andrew Jon and Branam Bob L
Bought by
Shelly Diane Frances

Purchase Details

Closed on
Oct 31, 2017
Sold by
Branam Bob L and Branam Betty S
Bought by
Branam Andrew Jon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Wendell D $150,040 Realty Title & Escrow
Branam Jon Andrew $62,000 None Available
Shelly Diane Frances -- None Available
Branam Andrew Jon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branam Jon Andrew $6,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $136,400 0.0% $58 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $136,400 -- $58 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,693 $111,725 $0 $0
2024 $1,292 $57,750 $0 $0
2023 $2,023 $57,750 $0 $0
2022 $2,023 $57,750 $0 $0
2021 $2,203 $57,750 $0 $0
2020 $1,978 $43,600 $0 $0
2019 $1,978 $43,600 $0 $0
2018 $1,978 $43,600 $0 $0
2017 $1,978 $43,600 $0 $0
2016 $1,778 $0 $0 $0
2015 $1,778 $37,950 $0 $0
2014 $1,778 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Sanders

    Seller's Agent in 2018

    John Sanders

    Crye-Leike REALTORS

    (423) 314-6004

    1 in this area

    71 Total Sales

    John Sanders
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1284598

Greater Chattanooga REALTORS®

APN: 157P-C-026

Tennessee Hamilton County Chattanooga 37412

2 Arnold Dr, Chattanooga, TN

Not Listed for Sale

MultiFamily

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