NOT LISTED FOR SALE

321 James Blvd Signal Mountain, TN 37377

Estimated Value: $524,000 - $739,000

10 Beds
3 Baths
3,247 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $395,000 $122 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,711/month

218 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • Thrasher Elementary School Rated A-

About This Home

As of December 2020

Charming triplex in the HEART of Olde Towne! Rental contracts in place through August 2021. Online pictures are from left side of main building and the rear cottage apartment. Make viewing appointment to see the right side with 24 hour's notice. Rental income currently totals $2,600/month. Solid building with updated wiring, plumbing and HVAC.

Last Agent to Sell the Property

Ellis Gardner

Greater Downtown Realty dba Keller Williams Realty License #379723,277184 Listed on: 04/25/2020

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Sarah Brogdon

Real Estate Partners Chattanooga, LLC License #324028

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 115.7x166

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,247 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Bathrooms

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 107K H 019

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mountain Land Co Subdivision

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1930
  • Unit Levels: Three Or More
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Total Bedrooms: 10
  • Building Area Units: Square Feet
  • Living Area: 3247
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stucco, Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 115.7X166
  • Lot Size Units: Acres
  • Parcel #: 107K H 019
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4553

MLS Schools

  • Elementary School: Thrasher Elementary School
  • High School: Signal Mountain Middle/High School
  • Middle Or Junior School: Signal Mountain Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
Dec 10, 2020
Sold by
Resecrest Investments Llc
Bought by
Hedrick Dustin and Thomas Carleigh
Seller's Agent
Ellis Gardner
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
List Price
$440,000
Sold Price
$395,000
Premium/Discount to List
-$45,000
-10.23%
Current Estimated Value
$658,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,349
Avg. Annual Appreciation
11.13%
Original Mortgage
$250,488
Outstanding Balance
$150,206
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$503,187

Purchase Details

Listed on
Aug 16, 2012
Closed on
Jan 24, 2013
Sold by
Bittel Robert D and Bittel Lori J
Bought by
Rosecrest Investments Llc
Seller's Agent
Kevin Wamack
RE/MAX Renaissance Realtors
Buyer's Agent
Tommy Austin
Austin Real Estate L.L.C.
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$130,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Hardwood Properties Llc
Bought by
Bittel Robert D and Bittel Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,852
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2003
Sold by
Beckman Kenneth C
Bought by
Hardwood Properties Llc

Purchase Details

Closed on
Oct 29, 2001
Sold by
Hardwood Properties Llc
Bought by
Beckman Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Anderson Gregory A
Bought by
Hardwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hedrick Dustin $395,000 Team Title Legal Vcs Pllc
Rosecrest Investments Llc $245,000 Pioneer Title Agency Inc
Bittel Robert D $204,000 Pioneer Title Agency Inc
Hardwood Properties Llc -- --
Beckman Kenneth C -- Pioneer Title Agency Inc
Hardwood Properties Llc $142,500 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosecrest Investments Llc $130,000
Previous Owner Bittel Robert D $129,852
Previous Owner Beckman Kenneth C $132,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $395,000 -10.2% $122 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $440,000 +79.6% $136 / Sq Ft
01/24/2013 01/24/13 Sold $245,000 -8.9% $75 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $269,000 -- $83 / Sq Ft
Source: Realtracs

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 $2,821 $126,075 $0 $0
2023 $2,821 $126,075 $0 $0
2022 $2,821 $126,075 $0 $0
2021 $2,821 $126,075 $0 $0
2020 $2,609 $94,340 $0 $0
2019 $2,609 $94,340 $0 $0
2018 $2,609 $94,340 $0 $0
2017 $2,609 $94,340 $0 $0
2016 $2,045 $0 $0 $0
2015 $2,045 $73,970 $0 $0
2014 $2,045 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2340456

Realtracs

APN: 107K-H-019