NOT LISTED FOR SALE

Estimated Value: $365,363

Studio
2 Baths
1,728 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2024

Last sale price $329,500 $191 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,168 / mo

2 Days on Market

About This Home

As of March 2024

Welcome to Redbank! This neighborhood is a short drive to both the North Shore and downtown Chattanooga. This duplex is in great shape and ready for its new owner. Both sides were renovated in 2019. Roof is only FOUR years old. If you are looking for a low maintenance multifamily to add to your investment portfolio or to house hack, this is the one for you! Please feel free to drive by but DO NOT walk the property or disturb tenants. Showings to take place after an offer is accepted.

Last Agent to Sell the Property

Lillian Andrews

Greater Downtown Realty dba Keller Williams Realty License #347745 Listed on: 02/07/2024

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Jessica Sloat

Greater Downtown Realty dba Keller Williams Realty License #402764,348645

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1983

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 2 Levels

Schools

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

Additional Features

  • Lot Dimensions are 98.49x170.51
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,550
  • Assessor Parcel Number 118I B 016.04

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,337

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Building Area Units: Square Feet
  • Living Area: 1728.0
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size: 98.49X170.51
  • Lot Size Units: Acres
  • Parcel #: 118I B 016.04
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 30600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 2550.0

Tax Info

  • Tax Annual Amount: 3337

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 1, 2024
Sold by
Bought by
Seller's Agent
Lillian Andrews
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Jessica Sloat
Greater Downtown Realty dba Keller Williams Realty
List Price
$337,500
Sold Price
$329,500
Premium/Discount to List
-$8,000
-2.37%
Views
11
Current Estimated Value
$365,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,863
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 30, 2021
Sold by
Bought by
Seller's Agent
Geoffrey Street
Crye-Leike, REALTORS
Buyer's Agent
Jake Kellerhals
Keller Williams Realty
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$293,584
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2020
Sold by
Bought by

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Zach Onusic
SDH Chattanooga LLC
Buyer's Agent
Geoffrey Street
Crye-Leike, REALTORS
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,691
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,691
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
8.18%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$329,500 Key Title
$299,000 Bridge City Title Downtown
-- Northgate Title Ins Agcy Inc
$115,000 Cumberland Ttl & Guaranty Co
$75,000 None Available
$75,000 None Available
$92,000 Pioneer Title Agency Inc
$76,000 Scenic City Title
$69,900 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $293,584
Previous Owner $62,500
Previous Owner $60,691
Previous Owner $88,200
Previous Owner $87,400
Previous Owner $76,000
Previous Owner $69,939
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $329,500 -2.4% $191 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $337,500 +12.9% $195 / Sq Ft
11/30/2021 11/30/21 Sold $299,000 0.0% $173 / Sq Ft View Prior Sale
10/26/2021 10/26/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $299,000 +160.0% $173 / Sq Ft
06/06/2019 06/06/19 Sold $115,000 0.0% $67 / Sq Ft View Prior Sale
05/26/2019 05/26/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $115,000 -- $67 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,941 $128,040 $0 $0
2024 $1,611 $72,000 $0 $0
2023 $2,953 $72,000 $0 $0
2022 $2,452 $72,000 $0 $0
2021 $2,836 $72,000 $0 $0
2020 $1,937 $36,280 $0 $0
2019 $1,937 $36,280 $0 $0
2018 $1,937 $36,280 $0 $0
2017 $1,861 $36,280 $0 $0
2016 $1,864 $0 $0 $0
2015 $1,855 $34,880 $0 $0
2014 $1,855 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2625706

Realtracs

APN: 118I-B-016.04

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