NOT LISTED FOR SALE

204 Walthall Ave Chickamauga, GA 30707

Estimated Value: $202,000 - $272,000

-- Bed
2 Baths
1,560 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 09, 2014

Last sale price $104,600 $67 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,300/month

137 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Level Lot
  • Brick Exterior Construction
  • Garage

About This Home

As of December 2014

1560 Sq Ft, 3 units bringing in $1,500 GMI. Excellent investment for new or seasoned passive income Investor. Less than 5 minutes from downtown Chickamauga amenities. Unit A has had some updates such as new carpet, new vinyl in bath and new paint in bath room and bedrooms. With some updating in all 3, one could easily receive $1,800+ or $2,100+ per month.

Last Agent to Sell the Property

Jeff Wallace

Crye-Leike, REALTORS Listed on: 07/03/2014

Last Buyer's Agent

Donnette Moore

Keller Williams Realty License #304028

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 135 x 250
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Stove
  • Washer and Dryer Hookup
  • Finished Basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Schools

  • Gordon E Lee Elementary School
  • Gordon Lee Middle School
  • Gordon Lee High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 3001 040

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$376

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 135 X 250
  • Subdivision Name: None
  • Directions: From Downtown Chickamauga at 4-way red light, take Gordon St headed West, turn Right on Walthall Avenue, Triplex on Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1560.0
  • New Construction: No
  • Year Built: 1952
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 3001 040
  • Location Tax and Legal Elementary School: Gordon E Lee
  • Location Tax and Legal High School: Gordon Lee High
  • Location Tax and Legal:Tax Annual Amount: 376.0
  • 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 Dimensions: 135 X 250
  • 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: 1560 Sq Ft, 3 units bringing in $1,500 GMI. Excellent investment for new or seasoned passive income Investor. Less than 5 minutes from downtown Chickamauga amenities. Unit A has had some updates such as new carpet, new vinyl in bath and new paint in bath room and bedrooms. With some updating in all 3, one could easily receive $1,800+ or $2,100+ per month.
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Gordon Lee Middle
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Owner Pays:Water3: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Finished
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Gordon E Lee
  • High School: Gordon Lee High
  • Middle Or Junior School: Gordon Lee Middle

Lot Info

  • Parcel #: 3001 040

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Dec 9, 2014
Sold by
Whaley David W
Bought by
Gossett Frank W
Seller's Agent
Jeff Wallace
Crye-Leike, REALTORS
Buyer's Agent
Donnette Moore
Keller Williams Realty
List Price
$110,000
Sold Price
$104,600
Premium/Discount to List
-$5,400
-4.91%
Current Estimated Value
$222,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,036
Avg. Annual Appreciation
7.11%
Original Mortgage
$141,100
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1998
Sold by
Grant Daniel F and Grant Jena A
Bought by
Whaley David William and Whaley Betty C

Purchase Details

Closed on
Oct 17, 1997
Sold by
Coats William L
Bought by
Grant Daniel F and Grant Jena A

Purchase Details

Closed on
Mar 29, 1995
Sold by
Williams Joseph
Bought by
Coats William L

Purchase Details

Closed on
Oct 27, 1979
Sold by
Weed Mark F and Weed Deborah
Bought by
Williams Joseph

Purchase Details

Closed on
Dec 5, 1977
Sold by
Weed Mark F
Bought by
Weed Mark F and Weed Deborah

Purchase Details

Closed on
Mar 16, 1977
Sold by
Walker James Deforest
Bought by
Weed Mark F

Purchase Details

Closed on
Aug 31, 1961
Bought by
Walker James Deforest
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
Gossett Frank W $61,000 --
Whaley David William $95,000 --
Grant Daniel F $81,500 --
Coats William L $63,700 --
Williams Joseph -- --
Weed Mark F -- --
Weed Mark F -- --
Walker James Deforest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gossett Frank W $141,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2014 12/09/14 Sold $104,600 -4.9% $67 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $110,000 -- $71 / 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 $1,544 $63,059 $16,125 $46,934
2023 $1,528 $60,537 $16,125 $44,412
2022 $628 $47,545 $10,320 $37,225
2021 $635 $40,019 $10,320 $29,699
2020 $628 $35,557 $10,320 $25,237
2019 $629 $35,557 $10,320 $25,237
2018 $467 $35,557 $10,320 $25,237
2017 $747 $35,557 $10,320 $25,237
2016 $519 $35,557 $10,320 $25,237
2015 $411 $42,278 $7,764 $34,514
2014 $507 $42,278 $7,764 $34,514
2013 -- $42,277 $7,764 $34,513
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeff Wallace

    Crye-Leike, REALTORS

  • D

    Buyer's Agent in 2014

    Donnette Moore

    Keller Williams Realty

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1213495

Greater Chattanooga REALTORS®

APN: 3001-040

Georgia Walker County Chickamauga 30707

204 Walthall Ave, Chickamauga, GA

Not Listed for Sale

MultiFamily

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