NOT LISTED FOR SALE

3732 Fountain Ave Chattanooga, TN 37412

Estimated Value: $254,702 - $283,000

-- Bed
2 Baths
1,581 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $100,000 $63 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,420/month

347 Days on Market

Highlights

  • Deck
  • Patio
  • Level Lot
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2014

TURN KEY INVESTMENT LIVE IN ONE SIDE AND RENT THE OTHER UNIT TO COVER YOUR PAYMENT! NO DOWN PAYMENT WITH FHA/THDA LOANS!! , ROOF WAS REPLACED BY HOME DEPOT 3/27/09, HEATING AIR SYSTEM REPLACE IN 2BD UNIT IN 2007,INSTALLED VINYL SIDING AND NEW WINDOWS 2006,THE TWO BEDROOM APT. HAS NEW REFRIGERATOR AND NEW RANGE Now New Cabinets and counter tops and New vanity in bath and fresh paint Througout, DISHWASHER IS APPROX. 3YRS OLD, NOV.2012 ALL NEW FLOOR COVERINGS WERE INSTALLED. The ONE BEDROOM UNIT has been remodled in May 2013 with all new paint and trim and New kitchen cabinets and counter tops, new appliances, updated bath, new carpet in bedroom, hardwood refinished in living/dining room the owner has spent over $15,000.00 updating. THIS PROPERTY HAS AN EXCELLENT RENTAL HISTORY SELLER IS SELL ING TO INVEST IN OTHER VENTURES. **SELLER IS MOTIVATED TO SELL BRING ALL OFFEERS*** Price just reduce $15,000.00 for quick sale***BOTH UNITS MOVE IN READY

Last Agent to Sell the Property

Barbara Hawkins

TAG Realty License #265874 Listed on: 02/04/2013

Last Buyer's Agent

Mitch Everhart

Real Estate Brokers License #243059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1969

Lot Details

  • 9,453

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Additional Features

  • Level Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 157PF

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indian Woods Addn Subdivision

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,371

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 72X153.81RR
  • Co List Office Mls Id: 10192
  • Co List Office Phone: 423-595-9307
  • Subdivision Name: Indian Woods Addn
  • Directions: FROM I24 E TOWARD ATALNTA/KNOXVILLE TAKE GERMANTOWN RD EXIT 183, TOWARD BELVOIR AVE. TURN RIGHT ONTO S GERMANTOWN RD TURN LEFT ON FOUNTAIN AVE. PROPERTY ON THE RIGHT JUST PAST JASON DR.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1581.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1969
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157PF
  • 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: 1371.0
  • 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 Dimensions: 72X153.81RR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • 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: 2.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

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

  • 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

  • Parcel #: 157PF

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13800.0

Tax Info

  • Tax Annual Amount: 1371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jan 17, 2014
Sold by
Phillips Patricia J and Phillips David E
Bought by
A I M Housing Inc
Seller's Agent
Barbara Hawkins
TAG Realty
Buyer's Agent
Mitch Everhart
Real Estate Brokers
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$267,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,426
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Jun 9, 2000
Sold by
Ray Gruver Edward
Bought by
Phillips David E and Phillips Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1998
Sold by
Blevins Joel L and Blevins Sue Katie
Bought by
Gruver Edward Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,100
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
A I M Housing Inc $100,000 First Title
Phillips David E $74,900 First Title
Gruver Edward Ray $57,900 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips David E $67,400
Previous Owner Gruver Edward Ray $52,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $100,000 0.0% $63 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
02/04/2013 02/04/13 For Sale $100,000 -- $63 / 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 $240 $0 $0 $0
2023 $0 $0 $0 $0
2022 $240 $0 $0 $0
2021 $0 $0 $0 $0
2020 $884 $0 $0 $0
2019 $884 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $1,581 $0 $0 $0
2015 $1,581 $0 $0 $0
2014 $1,581 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1189658

Greater Chattanooga REALTORS®

APN: 157P-F-009