NOT LISTED FOR SALE

Estimated Value: $198,000 - $249,000

Studio
2 Baths
1,602 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $210,000 $131 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,229/month

51 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Property has 3 Levels
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2024

Investment Opportunity!! Both sides recently completely remodeled. Unit A remodeled in 2023 and Unit B in 2020. This Duplex is turnkey. Both sides are currently rented with a gross monthly income of $2,216. Unit B is Section 8, with lease through November 2024. Unit A is not section 8 with lease through February 2024. TENANT OCCUPIED PLEASE DO NOT DISTURB TENANTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 50x132.5

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,602 Sq Ft Home
  • Property has 3 Levels

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,216
  • Assessor Parcel Number 136N M 021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,615

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1968
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Building Area Units: Square Feet
  • Living Area: 1602
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • 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

  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X132.5
  • Lot Size Units: Acres
  • Parcel #: 136N M 021
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 24840
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 2216

Tax Info

  • Tax Annual Amount: 1615

MLS Schools

  • Elementary School: Orchard Knob Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 25, 2024
Sold by
Cowley Christopher Ashley
Bought by
Graves Jake Ryan and Powers Alexandria Marie
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%
Views
19
Current Estimated Value
$223,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,117
Avg. Annual Appreciation
3.08%
Original Mortgage
$157,500
Outstanding Balance
$154,302
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$68,815

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 17, 2020
Sold by
Kultau Scott
Bought by
Cowley Christopher and Cowley Megan
Seller's Agent
Linda Carter
Greater Chattanooga Realty, Keller Williams Realty
List Price
$98,000
Sold Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%
Original Mortgage
$83,300
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 12, 2018
Sold by
Santos Adriano F
Bought by
Kultau Scott
Seller's Agent
Wanda Vogt
RE/MAX Properties
List Price
$65,000
Sold Price
$57,500
Premium/Discount to List
-$7,500
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.71%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Hall Joseph and Hall Paul Hatcher
Bought by
Santos Adriano F

Purchase Details

Closed on
Aug 23, 2012
Sold by
Jump Michael and Jump Shari
Bought by
Hall Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Capital Bank
Bought by
Jump Michael and Jump Shari

Purchase Details

Closed on
Mar 17, 2009
Sold by
Jere Holding Llc
Bought by
Capital Bank

Purchase Details

Closed on
Dec 14, 2007
Sold by
Capital Bank
Bought by
Jere Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,723
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Sng Holdings Inc
Bought by
Capital Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,723
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Goodwin Tina C
Bought by
Sng Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.21%

Purchase Details

Closed on
Nov 13, 2001
Sold by
Jerrolds Homer I and Jerrolds Linda R
Bought by
Goodwin Tina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graves Jake Ryan $210,000 Cumberland Title & Guaranty
Cowley Christopher $98,000 Chattanooga Ttl East Braned
Kultau Scott $57,500 None Available
Santos Adriano F $28,953 None Available
Hall Joseph $38,000 None Available
Jump Michael $30,000 None Available
Capital Bank $100,000 None Available
Jere Holding Llc $262,000 Gateway Title Co Llc
Capital Bank $131,000 None Available
Sng Holdings Inc $109,000 --
Goodwin Tina C $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Jake Ryan $157,500
Previous Owner Cowley Christopher $83,300
Previous Owner Hall Joseph $37,000
Previous Owner Jere Holding Llc $212,723
Previous Owner Sng Holdings Inc $92,500
Previous Owner Goodwin Tina C $29,000
Closed Goodwin Tina C $1,031
Closed Sng Holdings Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $210,000 -19.2% $131 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $260,000 +165.3% $162 / Sq Ft
08/17/2020 08/17/20 Sold $98,000 0.0% $61 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $98,000 +70.4% $61 / Sq Ft
06/12/2018 06/12/18 Sold $57,500 -11.5% $36 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $65,000 -- $41 / Sq Ft
Source: Realtracs

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 $818 $54,000 $0 $0
2024 $503 $22,500 $0 $0
2023 $805 $36,000 $0 $0
2022 $805 $36,000 $0 $0
2021 $805 $36,000 $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: Realtracs

MLS Number: 2712761

Realtracs

APN: 136N-M-021