NOT LISTED FOR SALE

Estimated Value: $267,000 - $489,000

-- Bed
3 Baths
4,000 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $335,900 $84 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,237/month

50 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1 Car Garage
  • Cooling Available

About This Home

As of September 2021

**Back on the market due to buyer financing! Don't miss out on this opportunity!** Calling all investors!!! This duplex is ready for you to add to your portfolio. Most rents are currently under market value. No showings until after an offer is accepted, then by appointment only. PLEASE Do not disturb tenants. The buyer is responsible to do their due diligence to verify that all information is accurate and for obtaining any and all restrictions for the property. 3913 & 3915 Bowman Lane (Fenced yard) mls# 13367953913: 4 bedroom/2.5 bath 1 car garage 2000 sq ft each side, current renter is month to month and pays $1350 per month. 3915:4 bedroom/2.5 bath 1 car garage 2000 sq ft each side, current renter is month to month and pays $1350 per month. (New free standing range installed March 2021)

Brenda Pargeon

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4237182545 License #242408 Listed on: 05/28/2021

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 100x130

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 3 Levels

Schools

  • Harrison Elementary School
  • Brown Middle School
  • Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,700
  • Assessor Parcel Number 129B A 011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4237182545
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 4000
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 100X130
  • Lot Size Units: Acres
  • Parcel #: 129B A 011
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 32400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 2700

Tax Info

  • Tax Annual Amount: 3181

MLS Schools

  • Elementary School: Harrison Elementary School
  • High School: Central High School
  • Middle Or Junior School: Brown Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Sep 3, 2021
Sold by
Ward Bryan H and Ward Melissa J
Bought by
Hansen Damlen and Hansen Jessica
List Price
$1,900,000
Sold Price
$335,900
Premium/Discount to List
-$1,564,100
-82.32%
Current Estimated Value
$392,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,989
Avg. Annual Appreciation
5.36%
Original Mortgage
$251,925
Outstanding Balance
$231,717
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,126

Purchase Details

Closed on
Jun 17, 2014
Sold by
Ward Peggy and Ward Peggy
Bought by
Ward Bryan H and Ward Melissa J

Purchase Details

Closed on
Mar 28, 2013
Sold by
Ward Properties Llc and Ward Sylvia Herrera
Bought by
Ward Peggy

Purchase Details

Closed on
Oct 15, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Ward Properties Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
Simon Norman C
Bought by
The Bank Of New York Mellon Trust Compan and Ramp 2002Rz4

Purchase Details

Closed on
Aug 21, 2002
Sold by
Duncan Gregory G
Bought by
Simon Norman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
6.53%
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
Hansen Damlen $335,900 Ensign Title & Escrow Inc
Ward Bryan H -- Ensign Title & Escrow Inc
Ward Peggy -- None Available
Ward Properties Llc $90,000 Gateway Title Company Llc
The Bank Of New York Mellon Trust Compan $159,600 None Available
Simon Norman C $155,400 Title Escrow Of Chatt Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Damlen $251,925
Previous Owner Ward Bryan Jh $155,000
Previous Owner Simon Norman C $163,100
Previous Owner Duncan Gregory G $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $335,900 -82.3% $84 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,900,000 -- $475 / 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 $1,716 $76,680 $0 $0
2023 $1,716 $76,680 $0 $0
2022 $1,716 $76,680 $0 $0
2021 $1,716 $76,680 $0 $0
2020 $1,744 $63,080 $0 $0
2019 $1,744 $63,080 $0 $0
2018 $1,563 $63,080 $0 $0
2017 $1,744 $63,080 $0 $0
2016 $1,744 $0 $0 $0
2015 $3,316 $63,080 $0 $0
2014 $3,316 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2742078

Realtracs

APN: 129B-A-011