NOT LISTED FOR SALE

Estimated Value: $311,000 - $437,019

Studio
2 Baths
2,120 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $75,000 $35 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $2,050/month

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Brick Exterior Construction
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2019

Both side currently rented for $600 each side for total monthly income of $1200 Please do not disturb tenants. Can be purchased with package of 7 properties. Call LA at 423-667-0911. Side B has new LVP flooring, fresh paint, new appliances, new mini-splits HVAC system. Both units are spacious. Currently rented for $650 on one side and $550 on other for total GMR of $1200

Last Agent to Sell the Property

Susan Jensen

Horizon Sotheby's International Realty License #205802 Listed on: 07/17/2019

Co-Listed By

Joy Eslinger

Horizon Sotheby's International Realty License #344197

Last Buyer's Agent

Bjorn White

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 156k B 005

Community Details

Overview

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

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1962

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 50X145
  • Co List Office Mls Id: 10153
  • Co List Office Phone: 423-756-9999
  • Subdivision Name: Curtis Addn
  • Directions: Dodds Ave to left on East 24th St, then right on 12th Ave. Duplex on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2120.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Location Tax and Legal Parcel Number2: 156k B 005
  • 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: 1149.62
  • 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: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Dimensions: 50X145
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Both side currently rented for $600 each side for total monthly income of $1200 Please do not disturb tenants. Can be purchased with package of 7 properties. Call LA at 423-667-0911. Side B has new LVP flooring, fresh paint, new appliances, new mini-splits HVAC system. Both units are spacious. Currently rented for $650 on one side and $550 on other for total GMR of $1200
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Foundation Details Slab: 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
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 2.0
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • 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: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None
  • 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: 7405.2
  • Parcel #: 156k B 005
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 1149.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 27, 2019
Sold by
P B & J Properties Llc
Bought by
Ruby Mountain Llc
Seller's Agent
Susan Jensen
Horizon Sotheby's International Realty
Buyer's Agent
Bjorn White
Keller Williams Realty
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$350,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,755
Avg. Annual Appreciation
26.42%
Original Mortgage
$208,000
Outstanding Balance
$181,365
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$169,390

Purchase Details

Listed on
Jan 31, 2018
Closed on
Jun 4, 2018
Sold by
Richelson Miriam R and Richelson David A
Bought by
P B And J Properties Llc
Seller's Agent
Christopher Robinson
Crye-Leike, REALTORS
Buyer's Agent
Susan Jensen
Horizon Sotheby's International Realty
List Price
$64,000
Sold Price
$200,000
Premium/Discount to List
$136,000
212.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruby Mountain Llc $260,000 Realty Center T&E Llc
P B And J Properties Llc $200,000 Realty Center Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Mountain Llc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $75,000 -24.9% $35 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $99,900 -50.1% $47 / Sq Ft
06/04/2018 06/04/18 Sold $200,000 +212.5% $94 / Sq Ft View Prior Sale
04/08/2018 04/08/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $64,000 -- $30 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $2,255 $148,760 $0 $0
2024 $773 $34,560 $0 $0
2023 $773 $34,560 $0 $0
2022 $773 $34,560 $0 $0
2021 $773 $34,560 $0 $0
2020 $630 $22,800 $0 $0
2019 $630 $22,800 $0 $0
2018 $646 $22,800 $0 $0
2017 $630 $22,800 $0 $0
2016 $630 $0 $0 $0
2015 $1,272 $22,800 $0 $0
2014 $1,272 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1303365

Greater Chattanooga REALTORS®

APN: 156K-B-005

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