NOT LISTED FOR SALE

2 Newman Dr Rossville, GA 30741

Estimated Value: $237,000 - $271,000

4 Beds
2 Baths
1,764 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $181,447 $103 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,510/month

15 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of November 2021

Calling all investors! This duplex has been nicely updated and is income producing, fully leased with annual terms . Updated flooring, appliances, easily maintained vinyl siding. Two bedrooms and one bath each side with paved parking and back decks. These duplexes are in a convenient location for tenants and have high speed internet. It can be combined with the duplex next door, 4 Newman Dr.

Last Agent to Sell the Property

Lisa Ann Padgett

Greater Chattanooga Realty, Keller Williams Realty Brokerage Phone: 4238020875 License # 358579, 328530 Listed on: 08/10/2021

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

Allison Mihalczo

Greater Downtown Realty dba Keller Williams Realty License #382716,343398

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 125x321

Home Design

  • Duplex

Interior Spaces

  • 1,764 Sq Ft Home
  • Property has 3 Levels

Schools

  • Rossville Elementary School
  • Rossville Middle School
  • Ridgeland High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,525
  • The owner pays for water
  • Assessor Parcel Number 0175 095A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$829

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1996
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4238020875
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1764
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 125X321
  • Lot Size Units: Acres
  • Parcel #: 0175 095A
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 18300
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1525

Tax Info

  • Tax Annual Amount: 829

MLS Schools

  • Elementary School: Rossville Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Rossville Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 9, 2021
Sold by
Ginsberg Eric
Bought by
Kapusta Mark R
Seller's Agent
Lisa Ann Padgett
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
Allison Mihalczo
Greater Downtown Realty dba Keller Williams Realty
List Price
$175,000
Sold Price
$181,447
Premium/Discount to List
$6,447
3.68%
Total Days on Market
15
Current Estimated Value
$248,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,929
Avg. Annual Appreciation
8.81%
Original Mortgage
$136,085
Outstanding Balance
$125,612
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$123,626

Purchase Details

Closed on
May 10, 2016
Sold by
Batgoe Holding Developme
Bought by
Ginsberg Eric S and Ginsberg Marcie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,125
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2005
Sold by
Not Provided
Bought by
Batgoe Holding & Development Llc

Purchase Details

Closed on
Mar 29, 2005
Sold by
Not Provided
Bought by
Batgoe Holding & Development Llc

Purchase Details

Closed on
Aug 1, 1994
Bought by
Fuller Leila Gayle Cooper
Source: Public Records

Range of Values:

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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
Kapusta Mark R $181,447 --
Ginsberg Eric S $69,500 --
Batgoe Holding & Development Llc -- --
Batgoe Holding & Development Llc $100,000 --
Fuller Leila Gayle Cooper -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapusta Mark R $136,085
Previous Owner Ginsberg Eric S $52,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $181,447 +3.7% $103 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $175,000 -- $99 / Sq Ft
Source: Realtracs

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 $1,883 $80,564 $4,498 $76,066
2023 $1,830 $76,414 $4,498 $71,916
2022 $1,708 $65,931 $4,498 $61,433
2021 $1,284 $43,071 $4,498 $38,573
2020 $1,006 $31,078 $4,498 $26,580
2019 $1,022 $31,078 $4,498 $26,580
2018 $822 $31,078 $4,498 $26,580
2017 $1,021 $31,078 $4,498 $26,580
2016 $1,139 $38,374 $4,498 $33,876
2015 $1,107 $34,809 $2,992 $31,817
2014 -- $34,809 $2,992 $31,817
2013 -- $34,809 $2,992 $31,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2720507

Realtracs

APN: 0175-095A