$30,000
SOLD JAN 28, 2015
-- Bed
-- Bath
1,297 Sq Ft
9,104 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

19% Below List Price

41 Days on Market

Highlights

  • Private Yard
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Cooling Available
  • Level Lot

About This Home

As of January 2018

By appointment, Tenant occupied. Buyer to verify sq ft and schools. Charming duplex one side has been tenant occupied for over ten years. Nice level lot, seller has renovated outside and kitchen area. Sold as is, no warranties implied of given. Great investment property! Convenient to UTC, 2.5 miles to Memorial Hospital/Chattanooga Heart Institute.

Last Agent to Sell the Property

Donna Cates

Fletcher Bright Realty Listed on: 12/02/2014

Last Buyer's Agent

Tim Metcalf

RE/MAX Properties License #277094

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 91 x 100
  • Level Lot
  • Private Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,297 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Eat-In Kitchen

Schools

  • Rivermont Elementary School
  • Dalewood Middle School
  • Hixson High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M27

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sherman Park Subdivision

Building Details

  • Gross Income $6,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 91 X 100
  • Subdivision Name: Sherman Park
  • Directions: I 24 to exit #181 4th Avenue, right on 23rd, left on S. Lyerly and follow until it turns to N. Lyerly and then continue to Dodson. left on Wisdom duplex on right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1297.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1920
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: M27
  • Location Tax and Legal Elementary School: Rivermont Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 791.0
  • 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: 91 X 100
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: 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

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: 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: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Rivermont Elementary
  • High School: Hixson High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Parcel #: M27

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 6600.0

Tax Info

  • Tax Annual Amount: 791.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jan 2, 2018
Sold by
Melancon Michael
Bought by
Richter Juan
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$187,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,953
Avg. Annual Appreciation
18.90%

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jan 29, 2015
Sold by
Churchwell Stephen T
Bought by
Melancon Michael
Seller's Agent
Donna Cates
Fletcher Bright Realty
Buyer's Agent
Tim Metcalf
RE/MAX Properties
List Price
$36,900
Sold Price
$30,000
Premium/Discount to List
-$6,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Collegedale Credit Union
Bought by
Churchwell Stephen T

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bowen Bruce and Bowen Truby
Bought by
Collegedale Cu

Purchase Details

Closed on
Nov 30, 2004
Sold by
D W Kennedy Investments Llc
Bought by
Bowen Bruce and Bowen Truby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2002
Sold by
Cox James P
Bought by
Dw Kennedy Investments Llc

Purchase Details

Closed on
Feb 18, 2000
Sold by
Cox James P and Cox Cynthia C
Bought by
Cox James P
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 Type Sale Price Title Company
Warranty Deed $50,000 Realty Title & Escrow Svcs
Warranty Deed $30,000 Lenders Title & Escrow Llc
Warranty Deed $27,500 None Available
Foreclosure Deed $40,000 None Available
Warranty Deed $40,000 First Choice Title Inc
Warranty Deed $21,900 First Choice Title Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,600 Unknown
Previous Owner $38,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $50,000 -16.7% $39 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $60,000 +100.0% $47 / Sq Ft
01/28/2015 01/28/15 Sold $30,000 -18.7% $23 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $36,900 -- $28 / 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 $507 $22,680 $0 $0
2023 $507 $22,680 $0 $0
2022 $507 $22,680 $0 $0
2021 $507 $22,680 $0 $0
2020 $431 $15,600 $0 $0
2019 $431 $15,600 $0 $0
2018 $482 $15,600 $0 $0
2017 $431 $15,600 $0 $0
2016 $431 $0 $0 $0
2015 $907 $15,600 $0 $0
2014 $907 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1220002

Greater Chattanooga REALTORS®

APN: 128P-B-006