NOT LISTED FOR SALE

2810 E 46th St Chattanooga, TN 37407

Cedar Hill Neighborhood

Estimated Value: $118,052 - $174,000

Studio
-- Bath
1,308 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $59,000 $45 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $796/month

39 Days on Market

Highlights

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

About This Home

As of July 2018

Tenants in place, great investment opportunity. Present GMI is $975 per month. Both tenants are under a 12 month lease agreement. Each unit has newer Central HVAC system with one bedroom, one bathroom and washer/dryer hookups.

Last Agent to Sell the Property

Elaine Collins

First Property Management License #329726 Listed on: 06/04/2018

Last Buyer's Agent

Mark Hite

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1910

Lot Details

  • 7,100

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • East Lake Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Additional Features

  • Level Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 168j M 006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$420

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50.8 140
  • Subdivision Name: None
  • Directions: Head west on I-24 take exit 180B to merge onto Rossville Blvd toward US-27 S. Turn left onto E 46th Street. Duplex will be on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1308.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1910
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 168j M 006
  • Location Tax and Legal Elementary School: East Lake Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 419.76
  • 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 Dimensions: 50.8 140
  • 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: Tenants in place, great investment opportunity. Present GMI is $975 per month. Both tenants are under a 12 month lease agreement. Each unit has newer Central HVAC system with one bedroom, one bathroom and washer/dryer hookups.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Pets Allowed:No: Yes
  • 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: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: 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
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Lake Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Parcel #: 168j M 006

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11700.0

Tax Info

  • Tax Annual Amount: 419.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 24, 2018
Sold by
S & S Investments Group Llc
Bought by
Tilfhman Andrew
Seller's Agent
Elaine Collins
First Property Management
Buyer's Agent
Mark Hite
Keller Williams Realty
List Price
$64,700
Sold Price
$59,000
Premium/Discount to List
-$5,700
-8.81%
Current Estimated Value
$136,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,763
Avg. Annual Appreciation
11.96%
Original Mortgage
$59,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Bailie D Michelle
Bought by
Freeport Title & Guaranty Inc and 2810 East 46Th Street Land Trust

Purchase Details

Closed on
Nov 13, 2006
Sold by
Bailie D Michelle
Bought by
S & A Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Tilfhman Andrew $59,000 Foundation Title & Escrow Ll
Tilfhman Andrew $59,000 Foundation Title & Escrow Ll
Freeport Title & Guaranty Inc -- None Available
Freeport Title & Guaranty Inc -- None Available
S & A Investment Group Llc $23,200 None Available
Bailie D Michelle $42,500 Legal Title
S & A Investment Group Llc $23,200 None Available
Bailie D Michelle $42,500 Legal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tilfhman Andrew $59,000
Previous Owner Bailie D Michelle $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $59,000 -8.8% $45 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $64,700 -- $49 / 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 $968 $63,840 $0 $0
2024 $515 $23,040 $0 $0
2023 $515 $23,040 $0 $0
2022 $515 $23,040 $0 $0
2021 $515 $23,040 $0 $0
2020 $637 $23,040 $0 $0
2019 $637 $23,040 $0 $0
2018 $651 $23,040 $0 $0
2017 $230 $8,325 $0 $0
2016 $229 $0 $0 $0
2015 $535 $8,275 $0 $0
2014 $535 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Collins

    Seller's Agent in 2018

    Elaine Collins

    First Property Management

    (423) 802-8500

    17 Total Sales

    Elaine Collins
    Section Image

  • M

    Buyer's Agent in 2018

    Mark Hite

    Keller Williams Realty

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1282209

Greater Chattanooga REALTORS®

APN: 168J-M-006

Tennessee Hamilton County Chattanooga 37407 Cedar Hill

2810 E 46th St, Chattanooga, TN

Not Listed for Sale

MultiFamily

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