NOT LISTED FOR SALE

27 Wert St Chattanooga, TN 37405

Red Bank Area

Estimated Value: $375,544

Studio
2 Baths
1,484 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2020

Last sale price $175,000 $118 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,197 / mo

54 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • 2-minute walk to Hill City Park Playground

About This Home

As of February 2020

Great investor duplex in the heart of Hill City/North Chattanooga. Currently under rent market value at $1300 month. Could be rented for $1000 per side for a total GMI of $2000. Long term section 8 tenants month to month currently. Tenant occupied do not disturb tenants.

Last Agent to Sell the Property

Michael Kelly

REAL Broker License #322724 Listed on: 11/29/2019

Last Buyer's Agent

Mark Jackson

Jackson Real Estate & Auction License #227129

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1954

Lot Details

  • 6,850 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 126l B 014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Spears Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,144

Year Built

Built in 1954

Lot Details

6,850 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Lot Size: 50X137
  • Subdivision Name: Spears
  • Directions: N market st, left on Hamilton, left on wert. duplex on corner of wert/spears
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1484.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 126l B 014
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 2143.94
  • 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: 0.16
  • General Property Information Lot Size Square Feet2: 6850.0
  • General Property Information Lot Size Dimensions: 50X137
  • 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: Great investor duplex in the heart of Hill City/North Chattanooga. Currently under rent market value at $1300 month. Could be rented for $1000 per side for a total GMI of $2000. Long term section 8 tenants month to month currently. Tenant occupied do not disturb tenants.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Sloped: 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: 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
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 6850.0
  • Parcel #: 126l B 014

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 2143.94

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chattanooga, TN

  • Brian Kelly Real Estate Agent - Real Broker

    Brian Kelly

    Real Broker

    (423) 497-3735

    109 Total Sales

    6 in Red Bank

    $100K - $315K Price Range

    Brian Kelly
     Section Image
  • Yadi Rosales Real Estate Agent - Coldwell Banker Pryor Realty

    Yadi Rosales

    Coldwell Banker Pryor Realty

    (423) 589-1468

    115 Total Sales

    2 in Red Bank

    $245K - $303K Price Range

    Yadi Rosales
     Section Image
  • Desiree Tombul Real Estate Agent - Real Estate Partners Chattanooga, LLC

    Desiree Tombul

    Responds Quickly

    Real Estate Partners Chattanooga, LLC

    (706) 944-8766

    221 Total Sales

    9 in Red Bank

    $50K - $384K Price Range

    Desiree Tombul
     Section Image
  • Bri Goodrich Real Estate Agent - Keller Williams Realty

    Bri Goodrich

    Keller Williams Realty

    (224) 374-1855

    178 Total Sales

    6 in Red Bank

    $190K - $455K Price Range

    Bri Goodrich
     Section Image
  • Wendy Dixon Real Estate Agent - Keller Williams Realty

    Wendy Dixon

    Responds Quickly

    Keller Williams Realty

    (423) 509-0452

    573 Total Sales

    11 in Red Bank

    $35K - $635K Price Range

    Wendy Dixon
     Section Image
  • Jim Hughes Real Estate Agent - Keller Williams Realty

    Jim Hughes

    Keller Williams Realty

    (423) 460-9661

    57 Total Sales

    2 in Red Bank

    $382K - $1.5M Price Range

    Jim Hughes
     Section Image
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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
$175,000 Northshore Title & Escrow
Kammer Holdings Llc -- None Available
S & J Southeast Investments Llc $96,800 Century Title & Escrow Inc
Sliger Joe $22,000 Century Title & Escrow 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
Open $171,830
Previous Owner Kammer Holdings Llc $207,000
Previous Owner S & J Southeast Investments Llc $72,600
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
02/27/2020 02/27/20 Sold $175,000 -22.2% $118 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
11/29/2019 11/29/19 For Sale $225,000 -- $152 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $928 $61,200 $0 $0
2024 $1,007 $45,000 $0 $0
2023 $1,611 $72,000 $0 $0
2022 $1,611 $72,000 $0 $0
2021 $1,611 $72,000 $0 $0
2020 $1,176 $42,520 $0 $0
2019 $1,176 $42,520 $0 $0
2018 $1,095 $42,520 $0 $0
2017 $1,176 $42,520 $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

  • Michael Kelly Real Estate Agent - REAL Broker

    Seller's Agent in 2020

    Michael Kelly

    REAL Broker

    (423) 645-3862

    109 Total Sales

    Michael Kelly
    Section Image
  • Mark Jackson Real Estate Agent - Jackson Real Estate & Auction

    Buyer's Agent in 2020

    Mark Jackson

    Jackson Real Estate & Auction

    (865) 621-1907

    511 Total Sales

    Mark Jackson
    Section Image

  • NS

    Buyer's Agent in 2020

    Neal Spann

    Berkshire Hathaway HomeServices J Douglas Properties

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1310213

Greater Chattanooga REALTORS®

APN: 126L-B-014

Tennessee Hamilton County Chattanooga 37405

27 Wert St, Chattanooga, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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