NOT LISTED FOR SALE

Estimated Value: $338,000 - $734,000

Studio
2 Baths
2,023 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2013

Last sale price $83,000 $41 Per Sq Ft

Est. 594% increase in value since last sale

Current estimated payment $3,301 / mo

320 Days on Market

Highlights

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

About This Home

As of January 2013

This is two duplex's; 3118 and 3120 16th Ave. One duplex is 2 bed 1.5 bath and the other is 3 bed 2 bath. Strong cash flow in area with good rental history. Sits on dead end road within easy distance to East Lake park

Last Agent to Sell the Property

Darne Ridgley

Keller Williams Realty License #318675 Listed on: 12/04/2011

Keller Williams Realty

Last Buyer's Agent

Grace Frank

RE/MAX Renaissance Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 100 x 190
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,023 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 168C B 033.01

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Ridgeland Terr Subdivision

Building Details

  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.44 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 100 X 190
  • Subdivision Name: Ridgeland Terr
  • Directions: Mapquest directions follow link: http://www.mapquest.com/#f8a6507212ddb1099bc106f6
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2023.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 168C B 033.01
  • 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: 2935.0
  • 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 Dimensions: 100 X 190
  • 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: This is two duplex's; 3118 and 3120 16th Ave. One duplex is 2 bed 1.5 bath and the other is 3 bed 2 bath. Strong cash flow in area with good rental history. Sits on dead end road within easy distance to East Lake park
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Living Room6: 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: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: 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 #: 168C B 033.01

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0

Tax Info

  • Tax Annual Amount: 2935.0

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

Closed on
Aug 13, 2024
Sold by
Bought by
Current Estimated Value
$576,131

Purchase Details

Listed on
Dec 4, 2011
Closed on
Jan 17, 2013
Sold by
Bought by
Seller's Agent
Darne Ridgley
Keller Williams Realty
Buyer's Agent
Grace Frank
RE/MAX Renaissance Realtors
List Price
$120,000
Sold Price
$83,000
Premium/Discount to List
-$37,000
-30.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$62,250
Interest Rate
0.0339%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$1,095,000 Cumberland Title & Guaranty
$166,000 Pioneer Title Agency Inc
$291,822 None Available
$200,000 Pioneer Title Agency Inc
-- Pioneer Title Agency 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 $245,000
Previous Owner $62,250
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
01/18/2013 01/18/13 Sold $83,000 -30.8% $41 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
12/04/2011 12/04/11 For Sale $120,000 -- $59 / 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 $1,935 $127,680 $0 $0
2024 $1,418 $63,360 $0 $0
2023 $1,418 $63,360 $0 $0
2022 $1,418 $63,360 $0 $0
2021 $1,418 $63,360 $0 $0
2020 $1,633 $59,040 $0 $0
2019 $1,633 $59,040 $0 $0
2018 $1,471 $59,040 $0 $0
2017 $1,633 $59,040 $0 $0
2016 $1,633 $0 $0 $0
2015 $3,111 $59,040 $0 $0
2014 $3,111 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1171360

Greater Chattanooga REALTORS®

APN: 168C-B-033.01

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