NOT LISTED FOR SALE

Estimated Value: $184,000 - $538,000

-- Bed
2 Baths
1,642 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $150,000 $91 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,996/month

78 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Outdoor Storage
  • Eat-In Kitchen
  • Living Room
  • 5-minute walk to Tatum Park

About This Home

As of August 2023

Investment opportunity in one of Chattanooga's growing areas. Located near the Highland Park neighborhood. Contains two rental units. Property to be sold subject to existing leases which are month to month. Property is being sold ''AS IS''. Seller WILL NOT make any repairs to the property.

Last Agent to Sell the Property

James Fields

The Raines Group, Inc. License #345027 Listed on: 04/24/2023

Last Buyer's Agent

Brian Kelly

Real Broker License #258290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 53x125
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 156b E 044

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Spring Grove Addn Subdivision

Building Details

  • Gross Income $18,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,551

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 53X125
  • Subdivision Name: Spring Grove Addn
  • Directions: From McCallie going toward downtown Chattanooga, turn left on Willow, right on 13th Street, the Duplex is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1642.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1910
  • Location Tax and Legal Parcel Number2: 156b E 044
  • 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: 1550.81
  • 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: 0.14
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Dimensions: 53X125
  • 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 Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • Fencing Fenced: 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 Washer Dryer Hookups2: 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

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Exterior Features: Storage
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • 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

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 156b E 044
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18384.0

Tax Info

  • Tax Annual Amount: 1550.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Aug 31, 2023
Sold by
Rogers Georgia B
Bought by
Bella Investments Llc
Seller's Agent
James Fields
The Raines Group, Inc.
Buyer's Agent
Brian Kelly
Real Broker
List Price
$249,500
Sold Price
$150,000
Premium/Discount to List
-$99,500
-39.88%
Views
119
Current Estimated Value
$340,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,618
Avg. Annual Appreciation
51.93%
Original Mortgage
$204,149
Outstanding Balance
$143,608
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$194,067
Source: Public Records

Range of Values:

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Average Value
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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
Bella Investments Llc $150,000 Cumberland Title & Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bella Investments Llc $204,149
Previous Owner Rogers Maurice $41,069
Previous Owner Rogers Maurice H $42,400
Previous Owner Rogers Maurice H $30,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $150,000 -28.6% $91 / Sq Ft
07/12/2023 07/12/23 Off Market $210,000 -- --
07/07/2023 07/07/23 Price Changed $210,000 -6.7% $128 / Sq Ft
05/12/2023 05/12/23 Price Changed $225,000 -9.8% $137 / Sq Ft
04/24/2023 04/24/23 For Sale $249,500 -- $152 / 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 $1,575 $70,400 $0 $0
2023 $773 $34,560 $0 $0
2022 $773 $34,560 $0 $0
2021 $773 $34,560 $0 $0
2020 $531 $19,200 $0 $0
2019 $531 $19,200 $0 $0
2018 $564 $19,200 $0 $0
2017 $531 $19,200 $0 $0
2016 $531 $0 $0 $0
2015 $1,089 $19,200 $0 $0
2014 $1,089 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1372409

Greater Chattanooga REALTORS®

APN: 156B-E-044