NOT LISTED FOR SALE

Estimated Value: $178,241 - $318,000

-- Bed
2 Baths
1,948 Sq Ft
$117/Sq Ft Est. Value

Last Sold December 09, 2014

Last sale price $61,000 $31 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,401/month

256 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • 1-Story Property

About This Home

As of December 2014

Investment opportunity, income potential $900-$1,100/month or own this duplex, live in one side, rent the other side and let it pay most of the mortgage payment. Located on nice, quiet street in Chattanooga Valley.

Last Listed By

William Harkleroad

Berkshire Hathaway HomeServices Realty Center Listed on: 03/07/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 110x160
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Chattanooga Valley Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0049-003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 110X160
  • Subdivision Name: None
  • Directions: From St. Elmo, South on Chattanooga Valley Dr., right on Mtn. View Circle (beside Ace Hardware), follow the street to property on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1948.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0049-003
  • Location Tax and Legal Elementary School: Chattanooga Valley Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 690.0
  • 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: 110X160
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Chattanooga Valley Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • 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: Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Unfinished: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • 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: Chattanooga Valley Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Parcel #: 0049-003

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0

Tax Info

  • Tax Annual Amount: 690.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Dec 9, 2014
Sold by
Wofford Rita
Bought by
Gossett Frank W
Seller's Agent
William Harkleroad
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Donnette Moore
Keller Williams Realty
List Price
$76,000
Sold Price
$61,000
Premium/Discount to List
-$15,000
-19.74%
Total Days on Market
256
Current Estimated Value
$227,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,810
Avg. Annual Appreciation
13.51%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Not Provided
Bought by
Wofford Rita F and Wofford Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.2%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Regions Bank
Bought by
Anderson Dianne

Purchase Details

Closed on
Dec 13, 2000
Sold by
Massey E Lebron
Bought by
Regions Bank

Purchase Details

Closed on
Sep 8, 1995
Sold by
Massey Massey E and Massey
Bought by
Massey E Lebron

Purchase Details

Closed on
Dec 31, 1986
Sold by
Citizens Savings & Loan Corp
Bought by
Massey Massey E and Massey

Purchase Details

Closed on
Aug 11, 1982
Sold by
Massey Earnest Lebron
Bought by
Citizens Savings & Loan Corp

Purchase Details

Closed on
Jan 11, 1972
Sold by
Massey Bobby W
Bought by
Massey Earnest Lebron

Purchase Details

Closed on
Jul 15, 1966
Bought by
Massey Bobby W

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
Gossett Frank W $104,600 --
Wofford Rita F $65,000 --
Anderson Dianne $35,000 --
Regions Bank -- --
Massey E Lebron $15,700 --
Massey Massey E $32,000 --
Citizens Savings & Loan Corp -- --
Massey Earnest Lebron -- --
Massey Bobby W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wofford Rita F $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2014 12/09/14 Sold $61,000 -19.7% $31 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $76,000 -- $39 / 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 $1,582 $64,429 $3,371 $61,058
2023 $1,538 $61,081 $3,371 $57,710
2022 $1,419 $52,673 $3,371 $49,302
2021 $1,291 $42,605 $3,371 $39,234
2020 $1,145 $35,577 $3,371 $32,206
2019 $1,163 $35,577 $3,371 $32,206
2018 $941 $35,577 $3,371 $32,206
2017 $1,261 $35,577 $3,371 $32,206
2016 $1,193 $40,593 $3,371 $37,222
2015 $885 $26,315 $2,056 $24,259
2014 $764 $26,315 $2,056 $24,259
2013 -- $26,315 $2,056 $24,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1207375

Greater Chattanooga REALTORS®

APN: 0049-003