NOT LISTED FOR SALE

Estimated Value: $246,000 - $351,442

Studio
2 Baths
2,160 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2021

Last sale price $194,000 $90 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,719 / mo

3 Days on Market

Highlights

  • Deck
  • Den
  • Brick Exterior Construction
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of February 2021

Multiple offers received. Please submit all offers by 9 pm Thursday, Seller will make a decision Friday morning. Updated and well maintained duplex. Super easy to rent. One side is rented at $800 with a lease though end of 2021. Other side is open as of now but owner has interested tenants. All windows have been replaced in the last two years. LVP flooring in both units. One side has water heater that is approx 3 years old. The other was replaced 2 months ago. Seller is married to agent. Please do not disturb tenants. Leaves will be removed and new pine straw put down in next few days. Additional pictures will be available shortly.

Last Agent to Sell the Property

Nancy Line

Keller Williams Realty License #335450 Listed on: 01/19/2021

Keller Williams Realty

Last Buyer's Agent

Dan Hicks

Keller Williams Realty License #353819

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1973

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 100x130
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Den
  • 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 F 002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • South Idlewild Addn Subdivision

Building Details

  • Gross Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,896

Year Built

Built in 1973

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 100X130
  • Subdivision Name: South Idlewild Addn
  • Directions: Germantown Rd to the north. Left on Navajo. Right on Conner St.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2160.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156e F 002
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1895.8
  • 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 Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Dimensions: 100X130
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Multiple offers received. Please submit all offers by 9 pm Thursday, Seller will make a decision Friday morning. Updated and well maintained duplex. Super easy to rent. One side is rented at $800 with a lease though end of 2021. Other side is open as of now but owner has interested tenants. All windows have been replaced in the last two years. LVP flooring in both units. One side has water heater that is approx 3 years old. The other was replaced 2 months ago. Seller is married to agent. Please do not disturb tenants. Leaves will be removed and new pine straw put down in next few days. Additional pictures will be available shortly.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: 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

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 156e F 002
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18900.0

Tax Info

  • Tax Annual Amount: 1895.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 26, 2021
Sold by
Chattanooga Rental Homes Llc
Bought by
Serne William
Seller's Agent
Nancy Line
Keller Williams Realty
Buyer's Agent
Dan Hicks
Keller Williams Realty
List Price
$174,900
Sold Price
$194,000
Premium/Discount to List
$19,100
10.92%
Current Estimated Value
$302,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,111
Avg. Annual Appreciation
9.04%
Original Mortgage
$190,486
Outstanding Balance
$169,198
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$132,913

Purchase Details

Closed on
Nov 10, 2015
Sold by
Line Steven G
Bought by
Chattanooga Rental Homes Llc

Purchase Details

Closed on
Jul 22, 2015
Sold by
Roberts Kelvin D
Bought by
Line Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Us Bank National Association
Bought by
Roberts Kevin D

Purchase Details

Closed on
Sep 2, 2008
Sold by
Tran Lein and Nguyen Thong
Bought by
U S Bank Na and Certificateholders Of Bear Stearns Asset

Purchase Details

Closed on
Oct 17, 2005
Sold by
Tran Lien
Bought by
Tran Hoang and Tran Lien

Purchase Details

Closed on
Jun 30, 2005
Sold by
Properties Unlimited Llc
Bought by
Tran Lien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,100
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 26, 2001
Sold by
Terrette Kevin M and Oakmont Mtg Company Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 24, 1998
Sold by
Ft Mtg Companies
Bought by
Sahaj David A and Sahaj Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.95%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Lundgren Kipling L
Bought by
Ft Mtg Companies and First Tennessee Mtg Company Inc

Purchase Details

Closed on
Sep 15, 1995
Bought by
Lundgren Kipling L
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 Buyer Sale Price Title Company
Serne William $194,000 Cumberland Ttl & Guaranty Co
Chattanooga Rental Homes Llc -- First Title Line
Line Steven G $77,500 First Title
Roberts Kevin D $65,000 Associates Closing & Title
U S Bank Na $67,669 None Available
Tran Hoang $40,000 Title & Escrow Of Lawrence C
Tran Lien $86,800 Pioneer Title Agency Inc
Federal National Mortgage Association $128,822 --
Sahaj David A $68,000 First American Title
Ft Mtg Companies $76,157 --
Lundgren Kipling L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serne William $190,486
Previous Owner Line Steven G $64,000
Previous Owner Tran Lien $78,100
Previous Owner Sahaj David A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $194,000 +10.9% $90 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $174,900 -- $81 / 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 $1,100 $72,600 $0 $0
2024 $705 $31,500 $0 $0
2023 $705 $31,500 $0 $0
2022 $705 $31,500 $0 $0
2021 $705 $31,500 $0 $0
2020 $1,040 $37,600 $0 $0
2019 $1,040 $37,600 $0 $0
2018 $983 $37,600 $0 $0
2017 $1,040 $37,600 $0 $0
2016 $952 $0 $0 $0
2015 $1,863 $34,440 $0 $0
2014 $1,863 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1329783

Greater Chattanooga REALTORS®

APN: 156E-F-002

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