SOLD SEP 30, 2024
RENTED JUL 19, 2025
3600 Gleason Dr Chattanooga, TN 37412
--
Bed
--
Bath
2,189
Sq Ft
0.35
Acres
Highlights
- No HOA
- Brick Exterior Construction
- Home Security System
- Formal Dining Room
- Living Room
- Storage
About This Home
As of September 2024Welcome to 3600 Gleason Dr, a fantastic investment opportunity located in the East Ridge neighborhood of Chattanooga! This duplex offers a perfect blend of convenience and potential, with two units, each featuring 2 bedrooms and 1 bathroom. Side A boasts recent upgrades, including luxury vinyl tile (LVT) flooring, brand-new appliances, and updated windows for enhanced energy efficiency. You'll also appreciate the two-car garage, a rare find in this area. Side B also benefits from the new windows and presents an ideal rental option for passive income. Both units come fully equipped with a refrigerator, stove, dishwasher, and microwave, making them move-in ready for tenants or homeowners alike. This duplex is situated on a quiet street yet conveniently close to downtown Chattanooga and major highways, offering easy access to shopping, dining, and entertainment. Whether you choose to live in one unit and rent out the other or rent both for steady income, this property offers versatility and excellent investment potential. Don't miss your chance to own this income-generating property in a growing market! Ideal for both investors and owner-occupants looking to capitalize on Chattanooga's thriving rental scene. Contact us today to schedule a showing or learn more.
Last Agent to Sell the Property
Crye-Leike, REALTORS License #321037 Listed on: 09/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,540
Year Built
- Built in 1973
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 89x170.06
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,189 Sq Ft Home
- 1-Story Property
- Living Room
- Formal Dining Room
- Storage
- Washer and Dryer Hookup
- Luxury Vinyl Tile Flooring
- Unfinished Basement
- Crawl Space
- Home Security System
Kitchen
- Stove
- Microwave
Parking
- Garage
- Basement Garage
- Off-Street Parking
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 157p A 041
Community Details
Overview
- No Home Owners Association
- 2 Units
- Mac Claire Hills Subdivision
Building Details
- Gross Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Sep 28, 2024
Sold by
Coffelt Joshua Aaron and Coffelt Megan
Bought by
Coxwell Wesley
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
Rebecca Ownbey
Uptown Firm, LLC
List Price
$310,000
Sold Price
$304,500
Premium/Discount to List
-$5,500
-1.77%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,562
Avg. Annual Appreciation
2.67%
Original Mortgage
$310,000
Outstanding Balance
$307,698
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$3,364
Purchase Details
Closed on
Feb 23, 2018
Sold by
Nethery Frank G
Bought by
Coffelt Joshua Aaron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,057
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 21, 1997
Sold by
Nethery Tonya Lynn and Hicks Tonja Lynn
Bought by
Nethery Frank G
Purchase Details
Closed on
Mar 20, 1996
Sold by
Cannon James F
Bought by
Nethery Frank G
Similar Homes in Chattanooga, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $304,500 | Title Guaranty & Trust | |
| Warranty Deed | $141,000 | First Title | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | New Conventional | |
| Previous Owner | $148,500 | New Conventional | |
| Previous Owner | $137,057 | FHA | |
| Previous Owner | $15,000 | Commercial | |
| Previous Owner | $52,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Rented | $1,550 | 0.0% | -- |
| 07/01/2025 07/01/25 | Under Contract | -- | -- | -- |
| 06/25/2025 06/25/25 | For Rent | $1,550 | 0.0% | -- |
| 09/30/2024 09/30/24 | Sold | $304,500 | 0.0% | $139 / Sq Ft |
| 09/21/2024 09/21/24 | Off Market | $1,025 | -- | -- |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $310,000 | 0.0% | $142 / Sq Ft |
| 08/20/2021 08/20/21 | Rented | -- | -- | -- |
| 08/20/2021 08/20/21 | Rented | $1,025 | 0.0% | -- |
| 08/16/2021 08/16/21 | Under Contract | -- | -- | -- |
| 08/05/2021 08/05/21 | For Rent | $1,025 | -- | -- |
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 | $822 | $36,750 | $0 | $0 |
| 2023 | $1,300 | $36,750 | $0 | $0 |
| 2022 | $1,300 | $36,750 | $0 | $0 |
| 2021 | $1,540 | $36,750 | $0 | $0 |
| 2020 | $1,546 | $31,400 | $0 | $0 |
| 2019 | $1,546 | $31,400 | $0 | $0 |
| 2018 | $1,546 | $31,400 | $0 | $0 |
| 2017 | $1,546 | $31,400 | $0 | $0 |
| 2016 | $1,486 | $0 | $0 | $0 |
| 2015 | $1,486 | $29,325 | $0 | $0 |
| 2014 | $1,486 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Joanie Sompayrac
Keller Williams Realty
-
K
Buyer's Agent in 2025
Kathleen Combs
Keller Williams Realty
-
M
Seller's Agent in 2024
Mac Hibbett
Crye-Leike, REALTORS
-
R
Buyer's Agent in 2024
Rebecca Ownbey
Uptown Firm, LLC
-
W
Seller Co-Listing Agent in 2021
Will Goldin
Crye-Leike, REALTORS
-
C
Buyer's Agent in 2021
Chrissy Seals
Keller Williams Realty
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1398758
APN: 157P-A-041
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