NOT LISTED FOR SALE

Estimated Value: $262,143

Studio
2 Baths
2,560 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2022

Last sale price $256,667 $100 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,572 / mo

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to East Lake Community Center

About This Home

As of April 2022

Incredible 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.**

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 2007

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,560 Sq Ft Home
  • Property has 2 Levels

Schools

  • Clifton Hills Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics Technology High School

Additional Features

  • Lot Dimensions are 50.3x140
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • East End Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 168B G 018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,196

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2007
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Building Area Units: Square Feet
  • Living Area: 2560.0
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: 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
  • Senior Community: No

Lot Info

  • Lot Size: 50.3X140
  • Lot Size Units: Acres
  • Parcel #: 168B G 018
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2196

MLS Schools

  • Elementary School: Clifton Hills Elementary School
  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: East Lake Academy Of Fine Arts

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ensign Title & Escrow Inc
Jenkins Eric $6,000 Ensign Title & Escrow Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $315,571
Previous Owner Jenkins Eric $110,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $968 $63,840 $0 $0
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

Map

Source: Realtracs

MLS Number: 2719154

Realtracs

APN: 168B-G-018

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