Seller's Agent in 2022
Calvin Shropshire
EXP Realty LLC
(423) 207-4489
7 in this area
272 Total Sales
2211 Elmendorf St Chattanooga, TN 37406
East Chattanooga NeighborhoodEstimated Value: $380,980 - $501,000
--
Bed
3
Baths
5,400
Sq Ft
$83/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling Available
- Central Heating
About This Home
As of October 2022Check out this investment opportunity quadplex! Each unit is two levels with three bedrooms, two bathrooms. Two of the units are currently occupied and two are vacant. One unit rents for $762 and the other rents for $758. All units are separately metered! The current occupied units are on month to month leases. Unit D has recently been updated and is move in ready! Each unit is spacious and open, with tall ceilings and a kitchen that opens into the main living area. The master bedroom is downstairs with it's own spacious bathroom. Upstairs are the two bedrooms and the other full bathroom. The property is conveniently located only 12 minutes to downtown and near Hwy 58 & 17. Showings are only of unit D, until an accepted offer is in place. Do not disturb the tenants. Buyers to verify all information.
Last Agent to Sell the Property
EXP Realty LLC Brokerage Phone: 4232074489 License #353546,301898 Listed on: 09/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,846
Year Built
- Built in 1998
Lot Details
- Lot Dimensions are 100x180
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 5,400 Sq Ft Home
- Property has 3 Levels
Schools
- Rivermont Elementary School
- Chattanooga Middle Museum Magnet School
- Hixson High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 128P E 020
Community Details
Overview
- No Home Owners Association
- 4 Units
- Sherman Park Subdivision
Building Details
- Gross Income $18,240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2022
Closed on
Oct 12, 2022
Sold by
Lubertha D Whitten Revocable Trust
Bought by
Neat Enterprises Llc
Seller's Agent
Calvin Shropshire
EXP Realty LLC
List Price
$550,000
Sold Price
$405,000
Premium/Discount to List
-$145,000
-26.36%
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
$41,495
Avg. Annual Appreciation
6.48%
Purchase Details
Closed on
May 22, 2012
Sold by
Whitten Lubertha D
Bought by
Whitten Lubertha D and The Lubertha D Revocable Trust
Purchase Details
Closed on
Nov 9, 2007
Sold by
Nicholson Marvin
Bought by
Whitten Lubertha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 22, 1997
Sold by
Nicholson Marvis
Bought by
Nicholson Marvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,909
Interest Rate
7.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 24, 1997
Sold by
Marvin Nicholson and Marvin Delores A
Bought by
Nicholson Marvis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,909
Interest Rate
7.5%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Neat Enterprises Llc | $405,000 | -- | |
| Whitten Lubertha D | -- | None Available | |
| Whitten Lubertha | $235,000 | Legal Title | |
| Nicholson Marvin | -- | First Title | |
| Nicholson Marvis | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neat Enterprises Llc | $540,000 | |
| Previous Owner | Whitten Lubertha | $184,350 | |
| Previous Owner | Whitten Lubertha | $188,000 | |
| Previous Owner | Nicholson Marvin | $152,909 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $405,000 | -26.4% | $75 / Sq Ft |
| 09/30/2022 09/30/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | For Sale | $550,000 | -- | $102 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,416 | $108,000 | $0 | $0 |
| 2023 | $2,416 | $108,000 | $0 | $0 |
| 2022 | $2,416 | $108,000 | $0 | $0 |
| 2021 | $2,416 | $108,000 | $0 | $0 |
| 2020 | $2,389 | $86,400 | $0 | $0 |
| 2019 | $2,389 | $86,400 | $0 | $0 |
| 2018 | $2,094 | $86,400 | $0 | $0 |
| 2017 | $2,389 | $86,400 | $0 | $0 |
| 2016 | $2,389 | $0 | $0 | $0 |
| 2015 | $4,499 | $86,400 | $0 | $0 |
| 2014 | $4,499 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Realtracs
MLS Number: 2444612
APN: 128P-E-020
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