NOT LISTED FOR SALE

301 Elm Ave Jasper, TN 37347

Estimated Value: $248,000 - $287,000

3 Beds
1 Bath
1,760 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $70,000 $40 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,505/month

31 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Formal Dining Room
  • No HOA
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of November 2020

Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.

Last Agent to Sell the Property

Grace Frank

Real Estate Partners Chattanooga LLC Listed on: 10/07/2020

Co-Listed By

Johnny Alvis

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Wendy Lapinski

Realty Zone LLC License #323916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $991

Year Built

  • Built in 1941

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion County High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108m A 044.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$991

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 190X145 IRR
  • Co List Office Mls Id: 10678
  • Co List Office Phone: 423-265-0088
  • Subdivision Name: None
  • Directions: Heading W on I-24 from downtown Chattanooga, take Exit 155 for TN-28 towards Jasper/Dunlap. Turn Right onto TN-28 N, then immediately turn Left onto Godsey Dr. Turn Right onto Industrial Blvd. Turn Right onto Main St. Turn Left onto Maple Ave. Turn Left onto W 2nd St. Turn Right onto Elm Ave, and the house will be on the Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1760.0
  • New Construction: No
  • Year Built: 1941
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 108m A 044.00
  • Location Tax and Legal Elementary School: Jasper Elementary
  • Location Tax and Legal Middle Or Junior School2: Jasper Middle
  • Location Tax and Legal High School: Marion County High
  • Location Tax and Legal:Tax Annual Amount: 990.93
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Dimensions: 190X145 IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Dining Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Breakfast Nook: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Nook, Plumbed, Separate Dining Room, Tub/shower Combo
  • Window Features: Aluminum Frames
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jasper Elementary
  • High School: Marion County High
  • Middle Or Junior School: Jasper Middle

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Additional Parcels: No
  • Parcel #: 108m A 044.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 990.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 20, 2020
Sold by
Kitchen Kirby E and Condra Alex P
Bought by
Realty Zone Llc
Seller's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
Buyer's Agent
Wendy Lapinski
Realty Zone LLC
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%
Current Estimated Value
$271,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,029
Avg. Annual Appreciation
32.82%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Condra Samuel J
Bought by
Rogers Johnny A

Purchase Details

Closed on
May 29, 1984
Bought by
Beene Lemuel T
Source: Public Records

Range of Values:

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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
Realty Zone Llc $500,000 None Available
Rogers Johnny A $90,299 --
Beene Lemuel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condra Samuel J $125,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $70,000 0.0% $40 / Sq Ft
11/20/2020 11/20/20 Sold $70,000 -36.4% $40 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/07/2020 11/07/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $110,000 0.0% $63 / Sq Ft
09/19/2019 09/19/19 For Sale $110,000 -- $63 / 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
2024 $341 $46,975 $7,300 $39,675
2023 $341 $46,975 $0 $0
2022 $997 $46,975 $7,300 $39,675
2021 $997 $46,975 $7,300 $39,675
2020 $991 $46,975 $7,300 $39,675
2019 $991 $38,350 $6,100 $32,250
2018 $991 $38,350 $6,100 $32,250
2017 $991 $38,350 $6,100 $32,250
2016 $985 $38,350 $0 $0
2015 $986 $38,350 $0 $0
2014 $986 $39,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1306855

Greater Chattanooga REALTORS®

APN: 108M-A-044.00