NOT LISTED FOR SALE

Estimated Value: $244,604 - $608,000

4 Beds
2 Baths
2,240 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $215,000 $96 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,086/month

1 Day on Market

Highlights

  • No HOA
  • Cooling Available
  • Property has 3 Levels
  • Graysville Elementary School Rated A-
  • Central Heating

About This Home

As of December 2021

Great Investment Opportunity! This Duplex is located just minutes to all of the shops and restaurants of Hamilton Place. Each unit has 2 bedrooms, 1 bath, kitchen and living room. Unit 35 is currently occupied and rents for $700 per month. Unit 37 is vacant and could rent for $1100 per month. Make your appointment for your private showing today.

Last Agent to Sell the Property

Mark Hite

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236672459 License #283146 Listed on: 12/01/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Mark Hite

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236672459 License #283146 Listed on: 12/01/2021

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 67x150

Home Design

  • Duplex

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 3 Levels

Schools

  • Graysville Elementary School
  • Ringgold Middle School
  • Ringgold High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $550
  • Assessor Parcel Number 0034A007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4236672459
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2240
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • 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, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 67x150
  • Lot Size Units: Acres
  • Parcel #: 0034A007
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 20400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 550

Tax Info

  • Tax Annual Amount: 992

MLS Schools

  • Elementary School: Graysville Elementary School
  • High School: Ringgold High School
  • Middle Or Junior School: Ringgold Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 30, 2021
Sold by
Sage Matthew D
Bought by
Coalwell Garon
Seller's Agent
Mark Hite
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Mark Hite
Real Estate Partners Chattanooga, LLC
List Price
$189,900
Sold Price
$215,000
Premium/Discount to List
$25,100
13.22%
Current Estimated Value
$359,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,651
Avg. Annual Appreciation
14.66%
Original Mortgage
$161,250
Outstanding Balance
$148,612
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$211,039

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 2, 2018
Sold by
Wright Finley
Bought by
Sage Matthew D
List Price
$120,000
Sold Price
$101,000
Premium/Discount to List
-$19,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.01%
Original Mortgage
$95,950
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Cunningham John B
Bought by
Wright Finley and Wright Stephen

Purchase Details

Closed on
Aug 5, 2010
Sold by
Keco Llc
Bought by
Cunningham John B

Purchase Details

Closed on
Oct 6, 2009
Sold by
Cunningham John B
Bought by
Keco Llc
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
Coalwell Garon $215,000 --
Sage Matthew D $101,000 --
Wright Finley -- --
Cunningham John B $25,700 --
Keco Llc $21,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coalwell Garon $161,250
Previous Owner Sage Matthew D $95,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $215,000 +13.2% $96 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $189,900 +88.0% $85 / Sq Ft
11/02/2018 11/02/18 Sold $101,000 -15.8% $45 / Sq Ft View Prior Sale
10/18/2018 10/18/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $120,000 -- $54 / 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 $2,151 $102,149 $5,440 $96,709
2023 $1,491 $66,584 $5,440 $61,144
2022 $1,160 $51,828 $5,440 $46,388
2021 $1,049 $50,118 $3,730 $46,388
2020 $992 $42,874 $3,730 $39,144
2019 $945 $42,874 $3,730 $39,144
2018 $712 $28,832 $3,730 $25,102
2017 $713 $28,877 $3,730 $25,147
2016 $715 $27,519 $3,730 $23,789
2015 -- $27,519 $3,730 $23,789
2014 -- $27,519 $3,730 $23,789
2013 -- $27,519 $3,730 $23,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2719775

Realtracs

APN: 0034A-007