NOT LISTED FOR SALE

Estimated Value: $586,000 - $814,000

Studio
4 Baths
2,837 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $380,000 $134 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,876/month

142 Days on Market

About This Home

As of November 2016

Location is everything in this attractive investment opportunity. Located amongst residential dwellings, this QuadPlex offers convenience with the peace and quiet of the suburbs all while living just blocks from some of the most sought after restaurants, shopping and entertainment in Chattanooga. From the 2nd story deck, you'll enjoy a beautiful view of the city skyline. Updates including new windows, water heaters, and many more. Contact the listing agent for more information and to schedule your tour of this unique property before it gets away! Tenant occupied. Listing agent must be present to view. Buyer may view 2 units, with offer contingency to view remaining 2.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,047

Year Built

  • Built in 1965

Lot Details

  • 0.32

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,837 Sq Ft Home
  • Property has 3 Levels

Schools

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

Additional Features

  • Lot Dimensions are 100x140.7
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 135C J 012

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Bells Addn Subdivision

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,047

Year Built

Built in 1965

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1965
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2837
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 100X140.7
  • Lot Size Units: Acres
  • Parcel #: 135C J 012
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 38400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3047

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Nov 7, 2016
Sold by
Harris Jerry L and Jackson Margaret L
Bought by
Campbell Steve and Campbell Family Trevocable Living Trust
List Price
$465,000
Sold Price
$380,000
Premium/Discount to List
-$85,000
-18.28%
Current Estimated Value
$697,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,469
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Harris Jerry L
Bought by
Harris Jerry L and Jackson Margaret L

Purchase Details

Closed on
Nov 4, 2010
Sold by
Jackson Margaret L and Harris Jerry L
Bought by
Harris Jerry L

Purchase Details

Closed on
Sep 28, 2007
Sold by
Pritchard Ken and Pritchard Carla
Bought by
Jackson Margaret L and Harris Jerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,120
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2003
Sold by
Dorsey John N
Bought by
Pritchard Ken and Pritchard Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2002
Sold by
Dorsey John N
Bought by
Dorsey John N and John N Dorsey Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Steve $380,000 Pioneer Title Agency Inc
Campbell Steve $380,000 Pioneer Title Agency Inc
Harris Jerry L -- Greenleaf Title
Harris Jerry L -- Greenleaf Title
Harris Jerry L -- None Available
Harris Jerry L -- None Available
Jackson Margaret L $198,900 Realty Title & Escrow Servic
Jackson Margaret L $198,900 Realty Title & Escrow Servic
Pritchard Ken $135,000 Pioneer Title Agency Inc
Pritchard Ken $135,000 Pioneer Title Agency Inc
Dorsey John N -- --
Dorsey John N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Margaret L $159,120
Previous Owner Pritchard Ken $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2016 11/07/16 Sold $380,000 -18.3% $134 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $465,000 -- $164 / Sq Ft
Source: Realtracs

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 $2,968 $195,840 $0 $0
2024 $3,711 $165,880 $0 $0
2023 $3,711 $165,880 $0 $0
2022 $3,711 $165,880 $0 $0
2021 $3,711 $165,880 $0 $0
2020 $4,169 $150,760 $0 $0
2019 $4,169 $150,760 $0 $0
2018 $3,686 $150,760 $0 $0
2017 $4,169 $150,760 $0 $0
2016 $1,660 $0 $0 $0
2015 $3,277 $60,040 $0 $0
2014 $3,277 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2732444

Realtracs

APN: 135C-J-012

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