NOT LISTED FOR SALE

Estimated Value: $169,000 - $383,000

Studio
-- Bath
1,924 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $300,000 $156 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,622/month

39 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Living Room
  • Deck
  • Patio
  • 1-minute walk to Watkins Street Park

About This Home

As of September 2024

Remodeled cash-flowing duplex in the heart of Ridgedale. This property was gutted to the studs in 2019. All mechanical components are 5 years old (HVAC, Roof, Windows, plumbing, electrical). Original hardwood floors throughout. Tiled bathrooms. Each unit has a laundry room and huge shared backyard space. Sewer pipe liner replaced to the street in 2020. Waterline replaced in 2024. This Duplex would be perfect for someone that wants to live on one side and rent out the other or investor. Owner/Agent

Last Agent to Sell the Property

Diego Vergara

Compass Tennessee License #331942 Listed on: 06/21/2024

Compass Tennessee

Last Buyer's Agent

Chrissy Jones

Real Estate Partners Chattanooga LLC License #344030

Real Estate Partners Chattanooga LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51x142
  • Flag Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Eastside Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 156c B 012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgedale Subdivision

Building Details

  • Gross Income $27,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 51X142
  • Subdivision Name: Ridgedale
  • Directions: From downtown take E Main St. Turn Left on E Watkins St. Turn right on E 12th St. House is on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1924.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1925
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156c B 012
  • Location Tax and Legal Elementary School: Eastside Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1529.27
  • 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: 51X142
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Remodeled cash-flowing duplex in the heart of Ridgedale. This property was gutted to the studs in 2019. All mechanical components are 5 years old (HVAC, Roof, Windows, plumbing, electrical). Original hardwood floors throughout. Tiled bathrooms. Each unit has a laundry room and huge shared backyard space. Sewer pipe liner replaced to the street in 2020. Waterline replaced in 2024. This Duplex would be perfect for someone that wants to live on one side and rent out the other or investor. Owner/Agent
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • 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: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Flag Lot
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Flag Lot: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Eastside Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 156c B 012
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27540.0

Tax Info

  • Tax Annual Amount: 1529.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 29, 2024
Sold by
Live Property Investments Llc
Bought by
Campbell Blake Harris
Seller's Agent
Diego Vergara
Compass Tennessee
Buyer's Agent
Chrissy Jones
Real Estate Partners Chattanooga LLC
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Views
31
Current Estimated Value
$292,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,362
Avg. Annual Appreciation
-1.81%
Original Mortgage
$285,000
Outstanding Balance
$280,927
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$11,711

Purchase Details

Closed on
Apr 18, 2019
Sold by
Sturdivant Peter
Bought by
Live Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,945
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 8, 2019
Sold by
Smith Noland F
Bought by
Sturdivant Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,945
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 26, 2018
Sold by
Dyer Bruce E and Greene Theresa Faye
Bought by
Smith Noland F

Purchase Details

Closed on
Apr 9, 2018
Sold by
Boren Bryan and Queen Bridgett
Bought by
Smith Noland F

Purchase Details

Closed on
Sep 20, 2000
Sold by
Sparks Faye J
Bought by
Sparks Louis Wayne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Campbell Blake Harris $300,000 First Choice Title
Live Property Investments Llc $68,945 Rudy Title And Escrow Llc
Sturdivant Peter $53,000 Rudy Title And Escrow Llc
Smith Noland F $13,500 First Title
Smith Noland F -- First Title
Sparks Louis Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Blake Harris $285,000
Previous Owner Live Property Investments Llc $63,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $300,000 -4.7% $156 / Sq Ft
07/08/2024 07/08/24 Price Changed $314,900 -3.1% $164 / Sq Ft
06/21/2024 06/21/24 For Sale $324,900 -- $169 / 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
2025 $1,103 $72,750 $0 $0
2024 $762 $34,080 $0 $0
2023 $477 $21,300 $0 $0
2022 $626 $28,000 $0 $0
2021 $626 $28,000 $0 $0
2020 $117 $4,225 $0 $0
2019 $117 $4,225 $0 $0
2018 $223 $4,225 $0 $0
2017 $117 $4,225 $0 $0
2016 $76 $0 $0 $0
2015 $255 $2,750 $0 $0
2014 $420 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1394342

Greater Chattanooga REALTORS®

APN: 156C-B-012