$252,000
SOLD MAY 12, 2025

315 Old Lake Rd Tunnel Hill, GA 30755

-- Bed
-- Bath
1,664 Sq Ft
0.41 Acres

Recently Sold

$151 Per Sq Ft

27 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Westside Middle School Rated A-
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of May 2025

Charming Duplex Investment Opportunity - Just 30 Minutes from Chattanooga.
Discover a rare opportunity to own this well-maintained duplex, nestled in the peaceful countryside of Tunnel Hill, GA—just a short 30-minute drive south of Chattanooga. Tucked away on a quiet stretch of Old Lake Road, this hidden gem offers a serene, private setting surrounded by mature trees and a welcoming community. Each unit features two spacious bedrooms and a full bath, complemented by a large, eat-in kitchen perfect for gathering and everyday living. Residents can enjoy a private rear patio to take in the peaceful surroundings, along with ample parking for both residents and guests. Cared for by a single owner, this property boasts a brand new roof and septic maintenance. Whether you're a new investor seeking passive income or a homeowner looking to live in one unit while renting the other, this duplex is a fantastic find. Opportunities like this don't come around often—schedule your private showing today! (Please note: only one unit is currently available for viewing)

Last Agent to Sell the Property

Jay Hudson

Keller Williams Realty License #320879 Listed on: 02/22/2025

Keller Williams Realty

Co-Listed By

Kelly Yarbrough

Keller Williams Realty License #360082

Last Buyer's Agent

William M Nichols

1 Percent Lists Scenic City License #362647

1 Percent Lists Scenic City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1990

Lot Details

  • 0.41 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Bathtub with Shower
  • 1,664 Sq Ft Home
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove

Flooring

  • Carpet
  • Linoleum

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Tunnell Hill Elementary School
  • Westview Middle School
  • Northwest Whitfield High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Utilities Included
  • The owner pays for all utilities
  • Assessor Parcel Number 11-324-20-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,424

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Co List Office Mls Id: 10507
  • Co List Office Phone: 423-664-1600
  • Inclusions: Refrigerator in each unit
  • Subdivision Name: None
  • Directions: From Chattanooga. Take I-75S to Exit 345 onto US-76, US-41 toward Tunnel Hill. Turn Right onto US-41S. Go apprx 2.5 miles and turn Left onto N Varnell Road. Turn Left onto Old Lake Road. Destination is on your left.
  • Above Grade Finished Sq Ft: 1664.0
  • Architectural Style: Ranch
  • Unit Levels: One
  • Living Area: 1664.0
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1990
  • Appliances Refrigerators: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 11-324-20-000
  • Location Tax and Legal Elementary School: Tunnell Hill Elementary
  • Location Tax and Legal High School: Northwest Whitfield High
  • Location Tax and Legal:Tax Annual Amount: 1423.51
  • General Property Information Above Grade Finished Area: 1664.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Lot Size Square Feet2: 17860.0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Charming Duplex Investment Opportunity - Just 30 Minutes from Chattanooga. Discover a rare opportunity to own this well-maintained duplex, nestled in the peaceful countryside of Tunnel Hill, GA—just a short 30-minute drive south of Chattanooga. Tucked away on a quiet stretch of Old Lake Road, this hidden gem offers a serene, private setting surrounded by mature trees and a welcoming community. Each unit features two spacious bedrooms and a full bath, complemented by a large, eat-in kitchen perfect for gathering and everyday living. Residents can enjoy a private rear patio to take in the peaceful surroundings, along with ample parking for both residents and guests. Cared for by a single owner, this property boasts a brand new roof and septic maintenance. Whether you're a new investor seeking passive income or a homeowner looking to live in one unit while renting the other, this duplex is a fantastic find. Opportunities like this don't come around often—schedule your private showing today! (Please note: only one unit is currently available for viewing)
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Westview
  • Levels:One: Yes
  • Flooring:Linoleum: Yes
  • Architectural Style Ranch: Yes
  • Lot Features Rural: Yes
  • Road Frontage Type County Road: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: No
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: No
  • Structure Type Duplex: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Water Heater, Electric Range
  • Owner Pays: All Utilities
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Eat-in Kitchen, Tub/shower Combo
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Level, Rural
  • View: No
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Covered
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Rain Gutters: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Off Street
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Tunnell Hill Elementary
  • High School: Northwest Whitfield High
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 17860.0
  • Parcel #: 11-324-20-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1423.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
May 12, 2025
Sold by
Beach Neal and Beach Katherine
Bought by
Jasso Aaron
Seller's Agent
Jay Hudson
Keller Williams Realty
Buyer's Agent
William M Nichols
1 Percent Lists Scenic City
List Price
$252,000
Sold Price
$252,000
Views
11
Current Estimated Value
$260,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,014
Avg. Annual Appreciation
5.86%
Original Mortgage
$228,204
Outstanding Balance
$227,394
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$32,620

Purchase Details

Closed on
Aug 1, 1995
Bought by
Beach Neal & Katherine
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 Type Sale Price Title Company
Warranty Deed $252,000 None Listed On Document
Warranty Deed $252,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,204 FHA
Closed $228,204 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $252,000 0.0% $151 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/22/2025 02/22/25 For Sale $252,000 0.0% $151 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $252,000 -- $151 / 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 $1,524 $73,603 $2,858 $70,745
2023 $1,524 $51,688 $2,188 $49,500
2022 $982 $33,306 $1,920 $31,386
2021 $983 $33,306 $1,920 $31,386
2020 $1,016 $33,306 $1,920 $31,386
2019 $1,033 $33,306 $1,920 $31,386
2018 $1,040 $33,023 $1,637 $31,386
2017 $1,041 $33,023 $1,637 $31,386
2016 $915 $30,182 $1,637 $28,545
2014 $809 $30,051 $1,506 $28,545
2013 -- $30,050 $1,505 $28,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1507450

Greater Chattanooga REALTORS®

APN: 11-324-20-000