NOT LISTED FOR SALE

3510 Redding Rd Chattanooga, TN 37415

Estimated Value: $218,763 - $298,000

-- Bed
2 Baths
1,226 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $46,000 $38 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $1,451/month

459 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Cooling Available
  • Storage

About This Home

As of October 2013

Great investment property! Both units already rented out. Both units are 1 bedroom/1 bath. New carpet and paint in back unit. Must See! Convenient location to Dayton Blvd. Easy access to Hwy 27. You can be downtown in less than 10 minutes. *** This listing includes an additional 1.8 acre tract of land on McCahill Rd. Tax Map #1091 B 036 ***

Last Agent to Sell the Property

Charlotte Mabry

Keller Williams Realty Listed on: 07/06/2012

Last Buyer's Agent

Marsha Cowan

American Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 118A L 004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mountain View Subdivision

Building Details

  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 60X175IRR
  • Subdivision Name: Mountain View
  • Directions: NORTH ON DAYTON BLVD FROM HWY 27NORTH. RIGHT ON LEAWOOD. RIGHT ON REDDING. DUPLEX ON LEFT.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1226.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1930
  • Cooling:Electric: Yes
  • Owner Pays:Sewer2: Yes
  • Location Tax and Legal Parcel Number2: 118A L 004
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 909.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 60X175IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Carport Spaces2: 1.0
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Owner Pays:Water3: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Cellar, Partial
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Storage
  • Basement:Partial: Yes
  • Basement:Cellar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 118A L 004

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0

Tax Info

  • Tax Annual Amount: 909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Oct 11, 2013
Sold by
Cobb Treva H
Bought by
Kas Land Llc
Seller's Agent
Charlotte Mabry
Keller Williams Realty
Buyer's Agent
Marsha Cowan
American Elite Realty
List Price
$74,900
Sold Price
$46,000
Premium/Discount to List
-$28,900
-38.58%
Current Estimated Value
$253,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,191
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Cobb Treva H and Cobb Charles W
Bought by
Cobb Treva H
Source: Public Records

Range of Values:

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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
Kas Land Llc $46,000 None Available
Cobb Treva H -- Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $46,000 -38.6% $38 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
07/06/2012 07/06/12 For Sale $74,900 -- $61 / 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 $846 $37,800 $0 $0
2023 $1,617 $37,800 $0 $0
2022 $1,311 $37,800 $0 $0
2021 $1,695 $37,800 $0 $0
2020 $1,415 $23,720 $0 $0
2019 $1,415 $23,720 $0 $0
2018 $1,415 $23,720 $0 $0
2017 $1,365 $23,720 $0 $0
2016 $1,348 $0 $0 $0
2015 $1,339 $22,320 $0 $0
2014 $1,339 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1181234

Greater Chattanooga REALTORS®

APN: 118A-L-004