NOT LISTED FOR SALE

223 Vreeland St Chattanooga, TN 37415

Estimated Value: $243,219 - $407,000

-- Bed
2 Baths
1,950 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $179,000 $92 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,781/month

5 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Patio
  • Storage

About This Home

As of February 2021

Just came back on the market! Eight great offers received when it was listed before. Great duplex in desirable Red Bank. Quick ride to Downtown. Duplex is now vacant so easy to show. Gross monthly rent is predicted for $1800. Low maintenance due to the exterior being nice vinyl siding. The previous owner took very good care of the duplex. Duplex sits over a full unfinished, dirt floor basement which has plenty of room for storage. Previous owner parked vehicles in the garage. Nice backyard. Duplexes aren't listed often, don't miss this great investment opportunity. Owners can move forward with getting them rented, but want to see if new owners want to occupy or screen their own tenants and write their own leases. Owner/Agent

Last Agent to Sell the Property

Denise Murphy

Keller Williams Realty License #00288046 Listed on: 12/30/2020

Keller Williams Realty

Co-Listed By

Chris Powell

Keller Williams Realty License #339102

Last Buyer's Agent

Pete Galyon

EXP Realty LLC License #338983

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 105x150
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 117n G 021

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Smartt, Edmondson & Coker Subdivision

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,838

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 105x150
  • Co List Office Mls Id: 10507
  • Co List Office Phone: 423-664-1600
  • Subdivision Name: Smartt, Edmondson & Coker
  • Directions: Dayton Blvd north, left onto Sweetland Drive, first left onto Vreeland St, duplex is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1950.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 117n G 021
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1838.44
  • 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: 105x150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • General Property Information Stories2: 1
  • Utilities:Sewer Available: 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: VirtualTour
  • Stories: 1

Interior Features

  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Basement: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 117n G 021

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0

Tax Info

  • Tax Annual Amount: 1838.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 2, 2021
Sold by
Powell Chris
Bought by
Aguilera Diego A and Francis Benjamin
Seller's Agent
Denise Murphy
Keller Williams Realty
Buyer's Agent
Pete Galyon
EXP Realty LLC
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Current Estimated Value
$306,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,805
Avg. Annual Appreciation
9.00%
Original Mortgage
$134,250
Outstanding Balance
$121,377
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$144,011

Purchase Details

Closed on
Nov 19, 2020
Sold by
Schalk Bill M and Schalk Rhonda R
Bought by
Powell Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Aguilera Diego A $179,000 Cumberland Ttl & Guaranty Co
Powell Chris $150,000 Chattanooga Title East Brain
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilera Diego A $134,250
Previous Owner Powell Chris $162,000
Previous Owner Schalk Bill M $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $179,000 -5.3% $92 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $189,000 -- $97 / 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 $1,316 $58,800 $0 $0
2023 $2,437 $58,800 $0 $0
2022 $2,011 $58,800 $0 $0
2021 $2,395 $58,800 $0 $0
2020 $1,838 $33,920 $0 $0
2019 $1,838 $33,920 $0 $0
2018 $1,838 $33,920 $0 $0
2017 $1,768 $33,920 $0 $0
2016 $1,772 $0 $0 $0
2015 $1,763 $32,640 $0 $0
2014 $1,763 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1328309

Greater Chattanooga REALTORS®

APN: 117N-G-021