NOT LISTED FOR SALE

Estimated Value: $216,628 - $264,000

-- Bed
2 Baths
1,926 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $189,900 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,368/month

7 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of July 2022

If you are a real estate investor or someone looking for a primary residence, 3806 Cherwood Ln is perfect for you! Newer water heaters and HVAC units will keep your costs low. Close to the dam, the duplex is convenient to Harrison and Hixon, and only 15 minutes to downtown! Each side is currently occupied, so you will start making money on the day you close! One side is in a lease through Feb 2023, the other is month to month.

Last Agent to Sell the Property

Adrienne Green

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4232182108 License #409775, 358836 Listed on: 06/29/2022

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Haley Hastings

Greater Downtown Realty dba Keller Williams Realty License #416207,362624

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 100x160

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,926 Sq Ft Home
  • Property has 3 Levels

Schools

  • Harrison Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 137D A 032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,660

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4232182108
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1926
  • 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
  • Carport Y N: No
  • Garage Yn: 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

Lot Info

  • Lot Size: 100X160
  • Lot Size Units: Acres
  • Parcel #: 137D A 032
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2660

MLS Schools

  • Elementary School: Harrison Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Dalewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 28, 2022
Sold by
Curtis Cleator Jonathan and Curtis Gabriela
Bought by
Hayes Patrick
Seller's Agent
Adrienne Green
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Haley Hastings
Greater Downtown Realty dba Keller Williams Realty
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$243,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,507
Avg. Annual Appreciation
8.56%
Original Mortgage
$185,575
Outstanding Balance
$177,793
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$67,994

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 27, 2021
Sold by
Glory To Christ Oolytewah Llc
Bought by
Cleator Jonathan Curtis
Seller's Agent
Debbie King
DK Real Estate LLC
Buyer's Agent
Debbie King
DK Real Estate LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.15%
Original Mortgage
$105,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2018
Sold by
Contarino Joseph R and Contarino Laura L
Bought by
Glory To Christ Ooltewah Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2005
Sold by
Jpb Properties Of Chattanooga Llc
Bought by
Contarino Joseph R and Contarino Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2003
Sold by
Stewart David L and Stewart Deborah H
Bought by
Jpb Properties Of Chattanooga Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hayes Patrick $189,000 None Listed On Document
Cleator Jonathan Curtis $140,000 Cumberland Title & Guaranty
Glory To Christ Ooltewah Llc -- None Available
Contarino Joseph R $66,500 Pioneer Title Agency Inc
Jpb Properties Of Chattanooga Llc $45,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Patrick $60,000
Closed Hayes Patrick $24,000
Open Hayes Patrick $185,575
Previous Owner Cleator Jonathan Curtis $105,000
Previous Owner Glory To Christ Ooltewah Llc $76,800
Previous Owner Contarino Joseph R $66,500
Previous Owner Jpb Properties Of Chattanooga Llc $76,500
Previous Owner Jpb Properties Of Chattanooga Llc $45,000
Closed Contarino Joseph R $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $189,900 0.0% $99 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $189,900 +35.6% $99 / Sq Ft
12/27/2021 12/27/21 Sold $140,000 0.0% $73 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $140,000 -- $73 / Sq Ft
Source: Realtracs

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 $856 $38,250 $0 $0
2023 $856 $38,250 $0 $0
2022 $1,326 $59,280 $0 $0
2021 $1,326 $59,280 $0 $0
2020 $1,040 $37,600 $0 $0
2019 $1,040 $37,600 $0 $0
2018 $983 $37,600 $0 $0
2017 $1,040 $37,600 $0 $0
2016 $952 $0 $0 $0
2015 $1,863 $34,440 $0 $0
2014 $1,863 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2717730

Realtracs

APN: 137D-A-032