NOT LISTED FOR SALE

Estimated Value: $410,000 - $672,000

Studio
2 Baths
2,715 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2013

Last sale price $142,000 $52 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $2,789 / mo

316 Days on Market

Highlights

  • Wooded Lot
  • Den
  • Eat-In Kitchen
  • No HOA
  • Formal Dining Room
  • Brick Exterior Construction

About This Home

As of May 2013

Fabulous location! Easy to show, back up offers are being accepted! Property will pay for itself! Unit A (upstairs unit) has newly updated kitchen, large Dining Room, separate Den with views of downtown, 2 bedrooms, 1 full bath and carport. Rents for $550/month Unit B (downstairs unit) has large, eat-in kitchen, den with new floors, two bedrooms (master is enormous) and a full bath. Rents for $500/month Unit C has an eat-in kitchen and den on main level and 1 bed and bath upstairs.Rents for $400/month. All units have laundry hookups, separate utilities. Buyer to verify square footage and schools.

Last Agent to Sell the Property

Tiffany Ramey

Berkshire Hathaway HomeServices Realty Center Listed on: 05/18/2012

Last Buyer's Agent

Patty Milby

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1945

Lot Details

  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,715 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Storage
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • 1 Carport Space
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Floor Furnace
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 1350D006

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1945

Lot Details

0.52 Acres

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 370X62.4 IRR
  • Subdivision Name: None
  • Directions: From Market St. Bridge going north on N. Market Street. Left on Chambliss Street. House is on the right at top of hill.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2715.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 1350D006
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1960.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 370X62.4 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Fabulous location! Easy to show, back up offers are being accepted! Property will pay for itself! Unit A (upstairs unit) has newly updated kitchen, large Dining Room, separate Den with views of downtown, 2 bedrooms, 1 full bath and carport. Rents for $550/month Unit B (downstairs unit) has large, eat-in kitchen, den with new floors, two bedrooms (master is enormous) and a full bath. Rents for $500/month Unit C has an eat-in kitchen and den on main level and 1 bed and bath upstairs.Rents for $400/month. All units have laundry hookups, separate utilities. Buyer to verify square footage and schools.
  • General Property Information Carport Spaces2: 1.0
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Stories2: 2
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Den3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Unit 3 Den5: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Wooded
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Shingle Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • 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: Electric, Floor Furnace, Space Heater
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Floor Furnace: Yes
  • Heating:Space Heater: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 1350D006

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 1960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
May 17, 2013
Sold by
Bonds Bonds Iii John L Iii John L and Bonds Anderson Lauren
Bought by
Equity Trust Co
Seller's Agent
Tiffany Ramey
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Patty Milby
Keller Williams Realty
List Price
$159,000
Sold Price
$142,000
Premium/Discount to List
-$17,000
-10.69%
Current Estimated Value
$490,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,024
Avg. Annual Appreciation
10.00%
Original Mortgage
$76,800
Outstanding Balance
$46,073
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$443,951

Purchase Details

Closed on
Feb 9, 2010
Sold by
Harris Debbie Woods
Bought by
Bonds Bonds Iii John L Iii John L and Bonds Anderson Lauren
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Equity Trust Co $142,000 Attorneys Title Guaranty & T
Bonds Bonds Iii John L Iii John L -- 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
Open Equity Trust Co $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $142,000 -10.7% $52 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
05/18/2012 05/18/12 For Sale $159,000 -- $59 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $2,095 $138,240 $0 $0
2024 $1,718 $76,800 $0 $0
2023 $1,718 $76,800 $0 $0
2022 $1,718 $76,800 $0 $0
2021 $1,718 $76,800 $0 $0
2020 $1,552 $56,120 $0 $0
2019 $1,552 $56,120 $0 $0
2018 $1,404 $56,120 $0 $0
2017 $1,552 $56,120 $0 $0
2016 $1,042 $0 $0 $0
2015 $2,027 $37,680 $0 $0
2014 $2,027 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1178961

Greater Chattanooga REALTORS®

APN: 135C-D-006

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