NOT LISTED FOR SALE

2740 Forest Rd Chattanooga, TN 37406

Murray Hills Neighborhood

Estimated Value: $295,000 - $405,000

Studio
2 Baths
2,160 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $136,900 $63 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,926 / mo

62 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of January 2020

Nice duplex conveniently located to Highway 153. This duplex is a 2 bedroom 1.5 bath on each side and is fully occupied. This property is next door to another duplex At 2742 Forest Rd. MLS 1309246 and is being sold as a package and seller will not separate. Both good investment properties. A total of 5 units rented.

Last Agent to Sell the Property

Kim Snyder

Greyhaven Realty Management Co Listed on: 11/07/2019

Last Buyer's Agent

Lorraine Johnson

Education Registration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $234

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 91.8x117.52
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Hillcrest Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 128b B 015.02

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Forest Acres Subdivision

Building Details

  • Gross Income $17,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$234

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 91.8x117.52
  • Subdivision Name: Forest Acres
  • Directions: North on Hwy. 153 take Aminicola Exit, turn left off exit. Go over interstate at red light turn left onto S Access Rd. Onto Harrison Pike. Straight into Kings Point onto Forest Rd.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2160.0
  • New Construction: No
  • Building Stories: 2
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 128b B 015.02
  • Location Tax and Legal Elementary School: Hillcrest Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 234.0
  • 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: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Dimensions: 91.8x117.52
  • 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: Nice duplex conveniently located to Highway 153. This duplex is a 2 bedroom 1.5 bath on each side and is fully occupied. This property is next door to another duplex At 2742 Forest Rd. MLS 1309246 and is being sold as a package and seller will not separate. Both good investment properties. A total of 5 units rented.
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

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

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • 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: Ceiling, Central
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillcrest Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 128b B 015.02
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17760.0

Tax Info

  • Tax Annual Amount: 234.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 29, 2020
Sold by
Bought by
Seller's Agent
Kim Snyder
Greyhaven Realty Management Co
Buyer's Agent
Lorraine Johnson
Education Registration
List Price
$144,900
Sold Price
$136,900
Premium/Discount to List
-$8,000
-5.52%
Current Estimated Value
$331,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,409
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
May 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2007
Sold by
Bought by
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

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
$136,900 Reli Settlement Sln Llc
$84,900 None Available
$93,748 None Available
-- Preferred
-- First Choice Title 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
Previous Owner $600,000
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
01/31/2020 01/31/20 Sold $136,900 -5.5% $63 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $144,900 -- $67 / 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 $1,630 $107,520 $0 $0
2024 $1,208 $54,000 $0 $0
2023 $1,208 $54,000 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $1,115 $40,320 $0 $0
2019 $1,115 $40,320 $0 $0
2018 $1,045 $40,320 $0 $0
2017 $1,115 $40,320 $0 $0
2016 $1,083 $0 $0 $0
2015 $2,102 $39,160 $0 $0
2014 $2,102 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kim Snyder

    Greyhaven Realty Management Co

  • L

    Buyer's Agent in 2020

    Lorraine Johnson

    Education Registration

  • K

    Buyer's Agent in 2020

    Karen Rhodes

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1309273

Greater Chattanooga REALTORS®

APN: 128B-B-015.02

Tennessee Hamilton County Chattanooga 37406 Murray Hills

2740 Forest Rd, Chattanooga, TN

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