NOT LISTED FOR SALE

Estimated Value: $133,853 - $175,000

2 Beds
1 Bath
1,066 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $40,000 $38 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $830/month

2 Days on Market

Highlights

  • Separate Formal Living Room
  • Cooling Available
  • Property has 1 Level
  • No HOA
  • Central Heating

About This Home

As of March 2019

Welcome to 2505 Orear St. This one level investment property features 2 bedrooms and 1 bath. This property is located in the Opportunity Zone, just minutes from Downtown Chattanooga. Rent is $663 and has the potential for an increase. **DO NOT DISTURB tenants** Buyer to verify all information they deem important. Call today for more information.

Last Agent to Sell the Property

Austin Sizemore

eXp Realty LLC Brokerage Phone: 4237104235 License #342956 Listed on: 03/12/2019

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x80

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,066 Sq Ft Home
  • Property has 1 Level
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Hardy Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 137A M 017

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4237104235
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1066
  • Building Area Units: Square Feet
  • Living Area: 1066
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: 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 Acres: 0.07
  • Lot Size: 50X80
  • Lot Size Units: Acres
  • Parcel #: 137A M 017
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 453

MLS Schools

  • Elementary School: Hardy Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Mar 28, 2019
Sold by
Ira Innovations Llc
Bought by
Chattaboogie Venture Llc
Seller's Agent
Austin Sizemore
eXp Realty LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$147,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,963
Avg. Annual Appreciation
22.40%

Purchase Details

Listed on
Oct 18, 2016
Closed on
Nov 2, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Ira Innovations Llc and Kimberly Sorensen Roth Ira
Seller's Agent
Shannon Arthur
Arthur Real Estate Serv., LLC
Buyer's Agent
Carey Thornhill
Realty Gallery Signature
List Price
$16,500
Sold Price
$18,100
Premium/Discount to List
$1,600
9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.15%

Purchase Details

Closed on
Jun 16, 1992
Sold by
Barrow Willie Joe and Barrow Frankie Lee
Bought by
The Secretary Of Veterans Affairs
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chattaboogie Venture Llc $40,000 Team Title Legal Svcs Pllc
Ira Innovations Llc $18,100 File Title Services
The Secretary Of Veterans Affairs $16,801 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $40,000 -11.1% $38 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $45,000 +148.6% $42 / Sq Ft
11/03/2016 11/03/16 Sold $18,100 +9.7% $17 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $16,500 -- $15 / Sq Ft
Source: Realtracs

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 $236 $10,550 $0 $0
2023 $236 $10,550 $0 $0
2022 $236 $10,550 $0 $0
2021 $236 $10,550 $0 $0
2020 $248 $8,975 $0 $0
2019 $248 $8,975 $0 $0
2018 $331 $8,975 $0 $0
2017 $248 $8,975 $0 $0
2016 $244 $0 $0 $0
2015 $563 $8,825 $0 $0
2014 $563 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2336178

Realtracs

APN: 137A-M-017