NOT LISTED FOR SALE

Estimated Value: $238,000 - $316,000

Studio
1 Bath
1,596 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $172,000 $108 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,612/month

1 Day on Market

Highlights

  • 1 Acre Lot
  • Deck
  • Cooling System Mounted In Outer Wall Opening
  • Open Floorplan
  • No HOA
  • Patio

About This Home

As of March 2021

Conveniently located off of I-24 you can be Downtown in 12 minutes, Volkswagen in 15 minutes, Topgolf in 10 minutes. Spacious front and back yard. Backyard is fenced. Side A 2 bed 2 bath unit has front and back deck. This side was freshly painted last year. Tile floor in kitchen, living room, bathroom.

Side B 1 bed 1 bath unit. Units have gas heat with window units. Fenced in backyard. Photos represent units prior to recent tenant move ins. Some windows have been replaced with vinyl windows. Unit B has a new water heater.

Last Agent to Sell the Property

Jason Weathers

Auben Realty License #351637 Listed on: 01/23/2021

Last Buyer's Agent

Kelly Cooper

Keller Williams Realty License #293309

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 102.6x320.4
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Available

Listing and Financial Details

  • The owner pays for gas, water
  • Assessor Parcel Number 157n F 005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Del Mar Place Subdivision

Building Details

  • Gross Income $18,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$961

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 102.6X320.4
  • Subdivision Name: Del Mar Place
  • Directions: from 24 east take exit 184 towards Moore rd - left on mcbrien - duplex on the left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1596.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157n F 005
  • Location Tax and Legal Elementary School: Spring Creek Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 960.54
  • 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: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 102.6X320.4
  • 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: Conveniently located off of I-24 you can be Downtown in 12 minutes, Volkswagen in 15 minutes, Topgolf in 10 minutes. Spacious front and back yard. Backyard is fenced. Side A 2 bed 2 bath unit has front and back deck. This side was freshly painted last year. Tile floor in kitchen, living room, bathroom. Side B 1 bed 1 bath unit. Units have gas heat with window units. Fenced in backyard. Photos represent units prior to recent tenant move ins. Some windows have been replaced with vinyl windows. Unit B has a new water heater.
  • Utilities Sewer Connected: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Owner Pays:Water3: Yes
  • Cooling Wall Unit(s): Yes
  • Owner Pays Gas4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Gas, Water
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Fencing: Fenced
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: 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: Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Spring Creek Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 157n F 005
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18240.0

Tax Info

  • Tax Annual Amount: 960.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 4, 2021
Sold by
Benson Latham Holdings
Bought by
Highfield Shannon and Beesley Ben Michael
Seller's Agent
Jason Weathers
Auben Realty
Buyer's Agent
Kelly Cooper
Keller Williams Realty
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Current Estimated Value
$266,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,803
Avg. Annual Appreciation
9.37%
Original Mortgage
$129,000
Outstanding Balance
$114,584
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$152,219

Purchase Details

Listed on
Aug 12, 2017
Closed on
Sep 15, 2017
Sold by
Tampel Ii Edward J
Bought by
Benson Latham Holdings
Seller's Agent
Robert Badgley
Crye-Leike, REALTORS
Buyer's Agent
Wycliffe Jangdharrie
Better Homes and Gardens Real Estate Signature Brokers
List Price
$84,900
Sold Price
$83,000
Premium/Discount to List
-$1,900
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.29%
Original Mortgage
$123,000
Interest Rate
3.93%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Highfield Shannon $172,000 Jones Title Ins Agcy Inc
Highfield Shannon $172,000 Jones Title
Benson Latham Holdings $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highfield Shannon $129,000
Closed Highfield Shannon $129,000
Previous Owner Benson Latham Holdings $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $172,000 +1.2% $108 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $169,900 +104.7% $106 / Sq Ft
09/15/2017 09/15/17 Sold $83,000 -2.2% $52 / Sq Ft View Prior Sale
08/16/2017 08/16/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $84,900 -- $53 / 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 $2,721 $179,520 $0 $0
2024 $1,061 $47,440 $0 $0
2023 $1,061 $47,440 $0 $0
2022 $1,061 $47,440 $0 $0
2021 $568 $25,400 $0 $0
2020 $527 $19,050 $0 $0
2019 $527 $19,050 $0 $0
2018 $560 $19,050 $0 $0
2017 $527 $19,050 $0 $0
2016 $539 $0 $0 $0
2015 $1,105 $19,500 $0 $0
2014 $1,105 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1329992

Greater Chattanooga REALTORS®

APN: 157N-F-005