NOT LISTED FOR SALE

Estimated Value: $168,000 - $307,000

8 Beds
2 Baths
1,534 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $247,500 $161 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,488/month

5 Days on Market

Highlights

  • No HOA
  • Heating Available
  • Property has 3 Levels
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2022

This beautiful multi-family unit is conveniently located in the popular Southside area of downtown Chattanooga. Unit A is currently Tenant Occupied, *please do not disturb* Unit B is has received application and will be leased soon to potential tenants . Each side of unit has a large living room, 2 bedrooms a bathroom, a large kitchen with a refrigerator, an electric range, and an eating area. Besides a spacious living room, the first floor also has a bath and laundry hookups. There is a deck/balcony off of the front porch, a deck off of the side of the kitchen door and each unit has its own parking. This one will go fast. Low maintenance, all brick construction with recently installed new Roof. Paint, Tiles, and Carpet are less than 3 years old. Excellent opportunity to generate the income on your investment $$$

Last Agent to Sell the Property

Laila Punjani

United Real Estate Experts Brokerage Phone: 4233145085 License #323356 Listed on: 07/01/2022

United Real Estate Experts

Last Buyer's Agent

Tim West

Greater Chattanooga Realty, Keller Williams Realty License #283095

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x140

Home Design

  • Duplex
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,534 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 155C G 003

Community Details

Overview

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

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,077

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4233145085
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 8
  • Building Area Units: Square Feet
  • Living Area: 1534
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X140
  • Lot Size Units: Acres
  • Parcel #: 155C G 003
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18000
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1077

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 8, 2022
Sold by
Dabba Homes Llc
Bought by
Kinsey Adam and Kinsey Monica
Seller's Agent
Laila Punjani
United Real Estate Experts
Buyer's Agent
Tim West
Greater Chattanooga Realty, Keller Williams Realty
List Price
$265,000
Sold Price
$247,500
Premium/Discount to List
-$17,500
-6.6%
Current Estimated Value
$261,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,783
Avg. Annual Appreciation
1.55%

Purchase Details

Closed on
May 22, 2018
Sold by
Long Robert L and Long Ginger F
Bought by
Dabba Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,708
Interest Rate
4.4%
Mortgage Type
Commercial
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
Kinsey Adam $247,500 None Listed On Document
Dabba Homes Llc $35,000 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey Adam F $250,000
Previous Owner Dabba Homes Llc $34,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $247,500 -6.6% $161 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $265,000 -- $173 / 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 $537 $24,000 $0 $0
2023 $537 $24,000 $0 $0
2022 $537 $24,000 $0 $0
2021 $537 $24,000 $0 $0
2020 $637 $23,040 $0 $0
2019 $637 $23,040 $0 $0
2018 $651 $23,040 $0 $0
2017 $637 $23,040 $0 $0
2016 $498 $0 $0 $0
2015 $1,029 $18,000 $0 $0
2014 $1,029 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2524506

Realtracs

APN: 155C-G-003