NOT LISTED FOR SALE

3636 Missionaire Ave Chattanooga, TN 37412

Estimated Value: $225,446 - $373,000

-- Bed
2 Baths
1,978 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $234,000 $118 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,697/month

11 Days on Market

Highlights

  • Senior Community
  • Private Yard
  • Den
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2021

Attention investors! This East Ridge Duplex brings in $1725 in Gross Monthly Rents. Current rents are $865 and $860. The HUD Fair Market Rent for 3 Bedrooms in 37412 is $1260 which allows potential to increase GMR to $2520+. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers. All offers to be submitted by Monday at 5pm

Last Agent to Sell the Property

Corey Ballew

REAL Broker License #332263 Listed on: 09/09/2021

Last Buyer's Agent

Corey Ballew

REAL Broker License #332263 Listed on: 09/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1969

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 88x133.22
  • Sloped Lot
  • Private Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Den
  • Finished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • Garage
  • Basement Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

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 168n G 010

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • Mission Dale Subdivision

Building Details

  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,183

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 88X133.22
  • Subdivision Name: Mission Dale
  • Directions: John Ross Road, Left on S. Crest Road, Take first left on Missionaire Ave
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1978.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1969
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 168n G 010
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 2183.27
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Dimensions: 88X133.22
  • 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 Senior Community YN: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 1.0
  • Unit 1 Den3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Partial: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Basement: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 168n G 010
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 20700.0

Tax Info

  • Tax Annual Amount: 2183.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 3, 2021
Sold by
Grabiner Steven and Grabiner Family Revocable Livi
Bought by
Gagnon Cody
Seller's Agent
Corey Ballew
REAL Broker
Buyer's Agent
Corey Ballew
REAL Broker
List Price
$250,000
Sold Price
$234,000
Premium/Discount to List
-$16,000
-6.4%
Current Estimated Value
$300,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,612
Avg. Annual Appreciation
6.60%
Original Mortgage
$175,500
Outstanding Balance
$161,252
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$138,589

Purchase Details

Listed on
Dec 6, 2014
Closed on
Jan 27, 2015
Sold by
Ehmig C Scott
Bought by
Grabiner Steven C
Seller's Agent
Randy Durham
Keller Williams Realty
Buyer's Agent
Craig Harding
RE/MAX Renaissance Realtors
List Price
$129,900
Sold Price
$117,000
Premium/Discount to List
-$12,900
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$87,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2000
Sold by
Lisa Ehmig
Bought by
Ehmig C Scott

Purchase Details

Closed on
Aug 27, 1997
Sold by
Robertson James F
Bought by
Ehmig C Scott and Ehmig Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,950
Interest Rate
7.52%
Mortgage Type
FHA
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
Gagnon Cody $234,000 First Choice Title Inc
Grabiner Steven C $120,000 First Choice Title Inc
Ehmig C Scott -- --
Ehmig C Scott $98,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gagnon Cody $90,000
Open Gagnon Cody $175,500
Previous Owner Grabiner Steven C $87,750
Previous Owner Ehmig Scott $60,000
Previous Owner Ehmig C Scott $27,000
Previous Owner Ehmig C Scott $94,250
Previous Owner Ehmig C Scott $97,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $234,000 -6.4% $118 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $250,000 +113.7% $126 / Sq Ft
01/29/2015 01/29/15 Sold $117,000 -9.9% $43 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
12/06/2014 12/06/14 For Sale $129,900 -- $48 / 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 $1,316 $58,800 $0 $0
2023 $2,069 $58,800 $0 $0
2022 $2,069 $58,800 $0 $0
2021 $2,309 $58,800 $0 $0
2020 $2,183 $46,920 $0 $0
2019 $2,183 $46,920 $0 $0
2018 $2,183 $46,920 $0 $0
2017 $2,183 $46,920 $0 $0
2016 $2,050 $0 $0 $0
2015 $2,050 $42,800 $0 $0
2014 $1,378 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1342585

Greater Chattanooga REALTORS®

APN: 168N-G-010