NOT LISTED FOR SALE

3814 Fountain Ave Chattanooga, TN 37412

Estimated Value: $261,000 - $319,000

-- Bed
3 Baths
1,846 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $96,000 $52 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,669/month

12 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • Level Lot

About This Home

As of June 2012

Great investment opportunity! This duplex is very nice and both units feature hardwood flooring, ample space, and kitchen appliances. This property is situated on a large lot and positioned on a road with great visibility to attract possible tenants. The seller has this unit priced to sell quickly so come view it today!

Last Agent to Sell the Property

Sabrena Turner

Sabrena Realty Associates LLC License #288735 Listed on: 05/20/2012

Last Buyer's Agent

Carolyn Eslinger

Chattanooga Real Estate Co License #255020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1960

Lot Details

  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,846 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling

Listing and Financial Details

  • Assessor Parcel Number 169A G 026

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belvoir Terr Ests Subdivision

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,436

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 87.85X150.3IR
  • Subdivision Name: Belvoir Terr Ests
  • Directions: West on Ringgold Rd; turn right onto Bevloir Ave; turn left onto Fountain Ave
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1846.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 169A G 026
  • 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: 1436.0
  • 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: 87.85X150.3IR
  • 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
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: 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: Ceiling, Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Ceiling: Yes
  • 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

Lot Info

  • Parcel #: 169A G 026

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0

Tax Info

  • Tax Annual Amount: 1436.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2012
Closed on
Jun 29, 2012
Sold by
Hogan Tara Lynette
Bought by
Stevens Thomas N
Seller's Agent
Sabrena Turner
Sabrena Realty Associates LLC
Buyer's Agent
Carolyn Eslinger
Chattanooga Real Estate Co
List Price
$95,900
Sold Price
$96,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$297,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,841
Avg. Annual Appreciation
8.86%
Original Mortgage
$76,800
Outstanding Balance
$11,863
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$285,978

Purchase Details

Closed on
May 27, 1998
Sold by
Pratt Judy Lynn
Bought by
Hogan Tara Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,879
Interest Rate
7.11%
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
Stevens Thomas N -- Pioneer Title Agency Inc
Hogan Tara Lynette $80,900 Legal Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Thomas N $76,800
Previous Owner Hogan Tara Lynette $80,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $96,000 +0.1% $52 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/20/2012 05/20/12 For Sale $95,900 -- $52 / 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 $2,369 $58,800 $0 $0
2020 $2,105 $43,560 $0 $0
2019 $2,105 $43,560 $0 $0
2018 $2,105 $43,560 $0 $0
2017 $2,105 $43,560 $0 $0
2016 $1,861 $0 $0 $0
2015 $1,861 $36,840 $0 $0
2014 $1,861 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1179055

Greater Chattanooga REALTORS®

APN: 169A-G-026