Seller's Agent in 2020
Grace Frank
Zach Taylor Chattanooga
(423) 208-3834
2 in this area
140 Total Sales
209 Elm Ave Jasper, TN 37347
Estimated Value: $172,000 - $230,000
Studio
3
Baths
1,642
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
About This Home
As of November 2020Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.
Last Agent to Sell the Property
Zach Taylor Chattanooga Brokerage Phone: 4232083834 License #305329 Listed on: 09/19/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,343
Year Built
- Built in 1947
Lot Details
- Lot Dimensions are 157x75
Home Design
- Duplex
Interior Spaces
- 1,642 Sq Ft Home
- Property has 3 Levels
Parking
- 1 Parking Space
- 1 Carport Space
Schools
- Jasper Elementary School
- Jasper Middle School
- Marion Co High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 108M B 00400 000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $13,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2019
Closed on
Nov 20, 2020
Sold by
Kitchen Kirby E and Condra Alex P
Bought by
Realty Zone Llc
Seller's Agent
Grace Frank
Zach Taylor Chattanooga
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,535
Avg. Annual Appreciation
16.29%
Purchase Details
Closed on
Jan 31, 1997
Bought by
Johnny Rogers and Johnny Angelyn
Purchase Details
Closed on
May 29, 1984
Bought by
Beene Lemuel T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Realty Zone Llc | $500,000 | None Available | |
| Johnny Rogers | -- | -- | |
| Beene Lemuel T | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2020 11/20/20 | Sold | $90,000 | -28.0% | $55 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 09/19/2019 09/19/19 | For Sale | $125,000 | -- | $76 / 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 | $480 | $66,200 | $9,280 | $56,920 |
| 2024 | $480 | $66,200 | $9,280 | $56,920 |
| 2023 | $480 | $66,200 | $0 | $0 |
| 2022 | $1,405 | $66,200 | $9,280 | $56,920 |
| 2021 | $1,405 | $66,200 | $9,280 | $56,920 |
| 2020 | $1,343 | $66,200 | $9,280 | $56,920 |
| 2019 | $1,343 | $51,960 | $9,280 | $42,680 |
| 2018 | $1,343 | $51,960 | $9,280 | $42,680 |
| 2017 | $1,100 | $51,960 | $9,280 | $42,680 |
| 2016 | $1,100 | $42,560 | $0 | $0 |
| 2015 | $997 | $42,560 | $0 | $0 |
| 2014 | $997 | $40,376 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Frank
Map
Source: Realtracs
MLS Number: 2421284
APN: 108M-B-004.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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