NOT LISTED FOR SALE

3907 Wiley Ave Chattanooga, TN 37412

Estimated Value: $282,000 - $326,187

Studio
2 Baths
2,020 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2014

Last sale price $105,000 $52 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,772 / mo

45 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Patio
  • No HOA
  • Brick Exterior Construction
  • Living Room

About This Home

As of October 2014

All brick rancher duplex. New heat pump, duct work, carpet. New linoleum on side A. Both sides rented.

Last Agent to Sell the Property

Diane Rizzo

Berkshire Hathaway HomeServices Realty Center Listed on: 07/28/2014

Last Buyer's Agent

Joni Eldredge

Greyhaven Realty Management Co License #281670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 80 x 150
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • 1 Carport Space
  • 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 157P-4-04

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lerch Place Subdivision

Building Details

  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,519

Year Built

Built in 1963

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 80 X 150
  • Subdivision Name: Lerch Place
  • Directions: I-24, Germantown Rd exit, Proceed on South Terrace to Belvoir Ave, R on Belvoir, R on Wiley
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2020.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157P-4-04
  • 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: 1519.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 80 X 150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: All brick rancher duplex. New heat pump, duct work, carpet. New linoleum on side A. Both sides rented.
  • General Property Information Carport Spaces2: 1.0
  • 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
  • Foundation Details Block2: Yes
  • 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, Storage
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • 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 #: 157P-4-04

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12600.0

Tax Info

  • Tax Annual Amount: 1519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Oct 17, 2014
Sold by
Bailey Stephen R
Bought by
Stevens Thomas N
Seller's Agent
Diane Rizzo
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Joni Eldredge
Greyhaven Realty Management Co
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%
Current Estimated Value
$306,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,547
Avg. Annual Appreciation
9.77%
Original Mortgage
$84,000
Outstanding Balance
$26,651
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$279,896

Purchase Details

Closed on
May 2, 2012
Sold by
Mcnabb Gary and Siever Roger
Bought by
Bailey Stephen R

Purchase Details

Closed on
Jan 20, 2006
Sold by
Davidson Dorothy
Bought by
Mcnabb Gary and Siever Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $105,000 Pioneer Title Agency Inc
Bailey Stephen R $90,000 National Title Insurance Age
Mcnabb Gary $90,000 Legal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Thomas N $84,000
Previous Owner Mcnabb Gary $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $105,000 -12.4% $52 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $119,900 -- $59 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $1,630 $107,520 $0 $0
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 $2,243 $46,920 $0 $0
2019 $2,243 $46,920 $0 $0
2018 $2,243 $46,920 $0 $0
2017 $2,243 $46,920 $0 $0
2016 $1,837 $0 $0 $0
2015 $1,837 $36,280 $0 $0
2014 $1,837 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1214702

Greater Chattanooga REALTORS®

APN: 157P-L-004

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