NOT LISTED FOR SALE

Estimated Value: $159,000 - $182,443

-- Bed
2 Baths
1,190 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $140,000 $118 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $963/month

29 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Central Heating and Cooling System
  • No HOA
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of May 2024

Discover 2102 E 32nd St, a delightful duplex nestled in the vibrant East Lake neighborhood. This property boasts two units, each featuring 2 bedrooms and 2 bathrooms. One side of the duplex was fully renovated less than two years ago. Positioned on a spacious, level lot and benefiting from off-street parking, the property presents a significant opportunity for growth, whether as an investment or as your first home, with the added benefit of a tenant to help cover your mortgage expenses. Both units are currently on month-to-month leases, providing the new owner with flexibility in terms of use and planning. A letter of intent is required before property viewing, acknowledging the value brought by the long-term tenants already in place.

Last Agent to Sell the Property

Grace Frank

Zach Taylor - Chattanooga License #305329 Listed on: 04/13/2024

Last Buyer's Agent

Grace Frank

Zach Taylor - Chattanooga License #305329 Listed on: 04/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 42.2x139.7
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Schools

  • Clifton Hills Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 156o D 025

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ruoffs Addn Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,073

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 42.2X139.7
  • Subdivision Name: Ruoffs Addn
  • Directions: To reach 2102 E 32nd St, Chattanooga, TN 37407 from downtown Chattanooga, head southeast on Market St toward E 6th St. Turn right onto E Main St, then continue onto Dodds Ave. After approximately 2.5 miles, turn right onto E 33rd St, followed by a left onto 15th Ave. Take the first right onto E 32nd St, and you will arrive at your destination on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1190.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1945
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156o D 025
  • Location Tax and Legal Elementary School: Clifton Hills Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1073.36
  • 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: 42.2X139.7
  • 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: East Lake Academy of Fine Arts
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Flooring Luxury Vinyl: Yes
  • Flooring Plank: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Flooring: Luxury Vinyl, Plank
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Clifton Hills Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 156o D 025
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 1073.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jul 17, 2024
Sold by
Chattanooga Metro Holdings Llc
Bought by
914 Holdings Llc
Seller's Agent
Grace Frank
Zach Taylor - Chattanooga
Buyer's Agent
Grace Frank
Zach Taylor - Chattanooga
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%
Views
121
Current Estimated Value
$173,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,111
Avg. Annual Appreciation
16.76%
Original Mortgage
$135,000
Outstanding Balance
$133,388
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$39,723

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 17, 2024
Sold by
Turocy Vincent G
Bought by
Madan Gurdeep K and Madan Seema
Seller's Agent
Grace Frank
Zach Taylor - Chattanooga
Buyer's Agent
Grace Frank
Zach Taylor - Chattanooga
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%
Views
121

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 18, 2013
Sold by
Mason Steven M and Torres Jeanette Sofia
Bought by
Turocy Vincent G
Seller's Agent
Grace Frank
RE/MAX Renaissance Realtors
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$47,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2008
Sold by
Manns Shaker
Bought by
Mason Steven M and Torres Jeanette Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2008
Sold by
Hairston Ann and Hairston George E
Bought by
Manns Shaker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Hairston Ann
Bought by
Hairston George E

Purchase Details

Closed on
Aug 7, 2002
Sold by
Bank Of American Na
Bought by
Hairston Ann

Purchase Details

Closed on
Feb 23, 2001
Sold by
Robbie Weldon
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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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
914 Holdings Llc $181,000 Concord Title
Chattanooga Metro Holdings Llc $170,000 Concord Title
Madan Gurdeep K $140,000 Foothills Title
Turocy Vincent G $63,000 None Available
Mason Steven M $52,000 Title Guaranty & Trust Dt
Manns Shaker $47,000 Hamilton Title Insurance Age
Hairston George E -- Northgate Title Escrow Inc
Hairston Ann $13,000 Northgate Title Escrow Inc
Bank Of America Na $10,754 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 914 Holdings Llc $135,000
Previous Owner Turocy Vincent G $47,250
Previous Owner Mason Steven M $41,600
Previous Owner Manns Shaker $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $140,000 -15.1% $118 / Sq Ft
04/21/2024 04/21/24 Off Market $164,900 -- --
04/20/2024 04/20/24 For Sale $164,900 0.0% $139 / Sq Ft
04/13/2024 04/13/24 Price Changed $164,900 0.0% $139 / Sq Ft
04/13/2024 04/13/24 For Sale $164,900 -5.8% $139 / Sq Ft
04/10/2024 04/10/24 Off Market $175,000 -- --
03/28/2024 03/28/24 Price Changed $175,000 -5.4% $147 / Sq Ft
03/21/2024 03/21/24 For Sale $185,000 +193.7% $155 / Sq Ft
03/18/2013 03/18/13 Sold $63,000 -9.9% $49 / Sq Ft View Prior Sale
02/22/2013 02/22/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $69,900 -- $54 / 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 $535 $23,920 $0 $0
2023 $535 $23,920 $0 $0
2022 $535 $23,920 $0 $0
2021 $535 $23,920 $0 $0
2020 $465 $16,800 $0 $0
2019 $465 $16,800 $0 $0
2018 $509 $16,800 $0 $0
2017 $465 $16,800 $0 $0
2016 $465 $0 $0 $0
2015 $968 $16,800 $0 $0
2014 $968 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1388843

Greater Chattanooga REALTORS®

APN: 156O-D-025