G
Seller's Agent in 2022
Grace Frank
Chattanooga Real Estate Group LLC
3635 6th Ave Chattanooga, TN 37407
Cedar Hill NeighborhoodEstimated Value: $292,015 - $390,000
--
Bed
2
Baths
2,560
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Fenced
- Brick Exterior Construction
- Central Heating and Cooling System
- 4-minute walk to East Lake Community Center
About This Home
As of April 2022Incredible opportunity to purchase three duplexes in East Lake with excellent rental income history. 3619, 3627 & 3635 6th Ave are neighboring two-story duplexes being sold as a package deal; all three were built in 2007 and feature 2,560 sqft and low maintenance brick and vinyl siding exteriors. All six units boast 3 bedrooms, 2 full bathrooms, living rooms, eat-in kitchens, a laundry room, and off-street parking. The duplexes are currently 100% occupied with a $5,875 GMI. Situated a few blocks away from two city parks and just off of Rossville Blvd, these duplexes are just minutes from downtown Chattanooga, popular Southside, St Elmo, Lookout Mountain, Rossville, and I-24 access. Since the properties are tenant occupied, showings can only be scheduled after an accepted letter of intent or accepted contract. **All offers will be reviewed at 5pm on Monday 2/28.**
Last Agent to Sell the Property
Grace Frank
Chattanooga Real Estate Group LLC Listed on: 02/25/2022
Last Buyer's Agent
Eddie Bodkin
Chattanooga Real Estate Group LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,196
Year Built
- Built in 2007
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50.3x140
- Fenced
- Level Lot
Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,560 Sq Ft Home
- 2-Story Property
- Living Room
- Stove
- Washer and Dryer Hookup
Schools
- Clifton Hills Elementary School
- East Lake Academy Of Fine Arts Middle School
- Howard School Of Academics & Tech High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 168b G 018
Community Details
Overview
- No Home Owners Association
- 2 Units
- East End Land Co Subdivision
Building Details
- Gross Income $23,760
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2013
Sold by
Jenkins Gwendolyn R and Jenkins Eric
Bought by
Lhp Legacy Holdings Llc
Current Estimated Value
Purchase Details
Closed on
Aug 8, 2007
Sold by
Foster Robert Leonard
Bought by
Jenkins Eric and Jenkins Gwendolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,625
Interest Rate
6.56%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lhp Legacy Holdings Llc | -- | Ensign Title & Escrow Inc | |
| Jenkins Eric | $6,000 | Ensign Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lhp Legacy Holidings Llc | $315,571 | |
| Previous Owner | Jenkins Eric | $110,625 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $256,667 | -67.3% | $100 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $785,000 | -- | $307 / Sq Ft |
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 | $1,206 | $53,920 | $0 | $0 |
| 2023 | $1,206 | $53,920 | $0 | $0 |
| 2022 | $1,206 | $53,920 | $0 | $0 |
| 2021 | $1,206 | $53,920 | $0 | $0 |
| 2020 | $1,205 | $43,560 | $0 | $0 |
| 2019 | $1,205 | $43,560 | $0 | $0 |
| 2018 | $1,371 | $43,560 | $0 | $0 |
| 2017 | $1,205 | $43,560 | $0 | $0 |
| 2016 | $1,165 | $0 | $0 | $0 |
| 2015 | $2,483 | $42,120 | $0 | $0 |
| 2014 | $2,483 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2022
Eddie Bodkin
Chattanooga Real Estate Group LLC
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1350531
APN: 168B-G-018
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