NOT LISTED FOR SALE

Estimated Value: $224,712 - $258,000

-- Bed
2 Baths
1,481 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $124,000 $84 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,401/month

2 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Brick Exterior Construction
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2019

Attention Investors: 2 bed 1 bath duplex well maintained. Property has hardwood floors on both sides, new appliances on side B. Side

A long term tenant over 10 years. Side B new tenants. Property has new windows installed 2019, metal roof installed 2017.

Gross Monthly income 1,300. Side A $600 and Side B $700.

Please do not disturb tenants.

Last Agent to Sell the Property

Dena Smith

Crye-Leike, REALTORS License #288690 Listed on: 06/21/2019

Crye-Leike, REALTORS

Last Buyer's Agent

Nathan Torgerson

Keller Williams Realty License #323740

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1946

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Barger Academy Of Fine Arts Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 157b N 007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 75X150
  • Subdivision Name: None
  • Directions: Brainerd Rd towards Chattanooga, right on Sequoia, duplex on left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1481.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1946
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157b N 007
  • Location Tax and Legal Elementary School: Barger Academy of Fine Arts
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 937.85
  • 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: 0.26
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Dimensions: 75X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • 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:Level: 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: Barger Academy of Fine Arts
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 157b N 007
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 937.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 25, 2019
Sold by
Ellison Candace
Bought by
Carl Lucas P
Seller's Agent
Dena Smith
Crye-Leike, REALTORS
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$122,000
Sold Price
$124,000
Premium/Discount to List
$2,000
1.64%
Current Estimated Value
$243,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,178
Avg. Annual Appreciation
11.95%
Original Mortgage
$93,000
Outstanding Balance
$82,515
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$164,922

Purchase Details

Closed on
May 2, 2008
Sold by
Sharp Stacy L
Bought by
Ellison Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,371
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1996
Sold by
Hall Lewis W and Hall George W
Bought by
Sharp Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,437
Interest Rate
8.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Carl Lucas P $124,000 Team Title Legal Svcs Pllc
Ellison Candace $98,900 Title Guaranty & Trust
Sharp Stacy L $48,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carl Lucas P $93,000
Previous Owner Ellison Candace $97,371
Previous Owner Sharp Stacy L $84,000
Previous Owner Sharp Stacy L $63,600
Previous Owner Sharp Stacy L $49,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $124,000 +1.6% $84 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $122,000 -- $82 / 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 $1,037 $46,360 $0 $0
2023 $1,037 $46,360 $0 $0
2022 $1,037 $46,360 $0 $0
2021 $1,037 $46,360 $0 $0
2020 $823 $18,600 $0 $0
2019 $514 $18,600 $0 $0
2018 $550 $18,600 $0 $0
2017 $514 $18,600 $0 $0
2016 $514 $0 $0 $0
2015 $1,059 $18,600 $0 $0
2014 $1,059 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1302003

Greater Chattanooga REALTORS®

APN: 157B-N-007