Seller's Agent in 2023
Tonjia Landreth
Bridge City Realty, LLC
(423) 595-2125
8 in this area
131 Total Sales
3223 Castle Ave Chattanooga, TN 37412
Estimated Value: $254,474 - $319,000
--
Bed
2
Baths
2,286
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- Deck
- Eat-In Kitchen
- Patio
- No HOA
- Brick Exterior Construction
- Living Room
About This Home
As of July 2023Welcome to this exceptional investment opportunity, where comfort, convenience, and financial growth intersect harmoniously. This property offers two spacious and beautifully maintained units, providing both a reliable rental income and a chance for you to create your own haven. An added bonus, this property has a brand new roof.
One side of this fantastic duplex is already generating an attractive rental income of $975 per month, providing an immediate return on your investment. Whether you're an experienced investor or a first-time buyer looking for a solid financial venture, this property is a dream come true.
On the other side, you'll find a recently upgraded vacant unit boasting brand new Luxury Vinyl Plank (LVP) flooring and fresh paint throughout. A new sliding door for easy access to the patio area. This remarkable transformation ensures a modern and inviting ambiance for its new occupants. Whether you choose to live in this side yourself or continue renting it out at an even higher rate, this unit is sure to impress. This duplex is professionally managed by a local property management firm and has been under their management for the past 6 years.
Last Agent to Sell the Property
Bridge City Realty, LLC License #288428 Listed on: 06/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,897
Year Built
- Built in 1964
Lot Details
- Lot Dimensions are 75x140
- Level Lot
Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,286 Sq Ft Home
- 2-Story Property
- Living Room
- Storage
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Stove
Outdoor Features
- Deck
- Patio
Schools
- East Ridge Elementary School
- East Ridge Middle School
- East Ridge High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 156e D 008.01
Community Details
Overview
- No Home Owners Association
- 2 Units
- Castle Hill Addn Subdivision
Building Details
- Gross Income $11,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2021
Sold by
Walker Nancy
Bought by
Shadow Castle Llc
Current Estimated Value
Purchase Details
Listed on
Jan 4, 2017
Closed on
Feb 14, 2017
Sold by
Murrell Jonathan and Murrell Fatima
Bought by
Walker Nancy
Seller's Agent
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
List Price
$114,900
Sold Price
$104,000
Premium/Discount to List
-$10,900
-9.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Purchase Details
Listed on
Nov 27, 2013
Closed on
Mar 14, 2014
Sold by
Symonds Robert
Bought by
Murrell Jonathan and Murrell Fatima
Seller's Agent
Wanda Chubbs
Choo Choo Realty
Buyer's Agent
Brandi Thompson
Keller Williams Realty
List Price
$93,000
Sold Price
$87,750
Premium/Discount to List
-$5,250
-5.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$140,400
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shadow Castle Llc | -- | None Available | |
| Walker Nancy | $104,000 | None Available | |
| Murrell Jonathan | $175,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Murrell Jonathan | $140,400 | |
| Previous Owner | Symnonds Robert | $9,700 | |
| Previous Owner | Symonds Robert | $88,999 | |
| Previous Owner | Symonds Robert | $25,001 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $272,500 | -0.9% | $119 / Sq Ft |
| 06/25/2023 06/25/23 | Off Market | $275,000 | -- | -- |
| 06/23/2023 06/23/23 | For Sale | $275,000 | +0.9% | $120 / Sq Ft |
| 06/20/2023 06/20/23 | Off Market | $272,500 | -- | -- |
| 06/19/2023 06/19/23 | For Sale | $275,000 | 0.0% | $120 / Sq Ft |
| 06/13/2023 06/13/23 | Off Market | $275,000 | -- | -- |
| 06/09/2023 06/09/23 | For Sale | $275,000 | +164.4% | $120 / Sq Ft |
| 02/14/2017 02/14/17 | Sold | $104,000 | -9.5% | $51 / Sq Ft |
| 01/26/2017 01/26/17 | Pending | -- | -- | -- |
| 01/04/2017 01/04/17 | For Sale | $114,900 | +30.9% | $56 / Sq Ft |
| 03/14/2014 03/14/14 | Sold | $87,750 | -5.6% | $42 / Sq Ft |
| 02/05/2014 02/05/14 | Pending | -- | -- | -- |
| 11/27/2013 11/27/13 | For Sale | $93,000 | -- | $45 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $1,090 | $48,720 | $0 | $0 |
| 2023 | $1,717 | $48,720 | $0 | $0 |
| 2022 | $1,717 | $48,720 | $0 | $0 |
| 2021 | $1,897 | $48,720 | $0 | $0 |
| 2020 | $1,985 | $43,560 | $0 | $0 |
| 2019 | $1,985 | $43,560 | $0 | $0 |
| 2018 | $1,985 | $43,560 | $0 | $0 |
| 2017 | $1,985 | $43,560 | $0 | $0 |
| 2016 | $1,741 | $0 | $0 | $0 |
| 2015 | $1,162 | $23,025 | $0 | $0 |
| 2014 | $1,222 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tonjia Landreth
-
Jeremy Landreth
J
Seller Co-Listing Agent in 2023
Jeremy Landreth
Bridge City Realty, LLC
(423) 802-7194
9 in this area
76 Total Sales
-
Thomas Shackelford
T
Buyer's Agent in 2023
Thomas Shackelford
Crye-Leike, REALTORS
(423) 664-1600
2 in this area
14 Total Sales
-
Brandi Thompson
Seller's Agent in 2017
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
(423) 664-1900
10 in this area
223 Total Sales
-
W
Seller's Agent in 2014
Wanda Chubbs
Choo Choo Realty
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1374888
APN: 156E-D-008.01
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