NOT LISTED FOR SALE

3923 Bowman Ln Chattanooga, TN 37416

Murray Hills Neighborhood

Estimated Value: $222,796 - $340,000

Studio
2 Baths
2,792 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $172,400 $62 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,554/month

184 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

As of February 2022

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. 3921 & 3923 Bowman Lane mls# 13368083921: 3 bedroom/1.5 bath 1 car garage (current renter is month to month and pays $775 per month. 3923: 3 bed/ 1.5 bath 1 car garage (current renter is month to month and pays $775 per month)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1971

Lot Details

  • 0.5

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Siding

Interior Spaces

  • 2,792 Sq Ft Home
  • Property has 3 Levels

Schools

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

Additional Features

  • Lot Dimensions are 110x132.85
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,550
  • Assessor Parcel Number 129B A 009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,065

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2792
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone
  • 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, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 110X132.85
  • Lot Size Units: Acres
  • Parcel #: 129B A 009
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1550

Tax Info

  • Tax Annual Amount: 2065

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

Closed on
Oct 31, 2025
Sold by
Seale Addison and Rugg Collin
Bought by
3923 Bowman Revocable Trust and 3923 Bowman Llc
Current Estimated Value
$273,949

Purchase Details

Listed on
May 28, 2021
Closed on
Mar 7, 2022
Sold by
Ward Bryan H and Ward Melissa J
Bought by
Seale Addison
List Price
$1,900,000
Sold Price
$172,400
Premium/Discount to List
-$1,727,600
-90.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$126,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Thomas Robert Allen and Thomas Jimmie Ann
Bought by
Ward Bryan H and Ward Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3923 Bowman Revocable Trust -- None Listed On Document
Seale Addison $172,400 Ensign Title
Ward Bryan H $760,000 Ensign Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seale Addison $126,000
Previous Owner Ward Bryan H $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $172,400 -90.9% $62 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,900,000 -- $681 / 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
2025 $1,630 $107,520 $0 $0
2024 $1,208 $54,000 $0 $0
2023 $1,208 $54,000 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $1,133 $40,960 $0 $0
2019 $1,133 $40,960 $0 $0
2018 $1,059 $40,960 $0 $0
2017 $1,133 $40,960 $0 $0
2016 $1,191 $0 $0 $0
2015 $2,301 $43,080 $0 $0
2014 $2,301 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2742085

Realtracs

APN: 129B-A-009

Tennessee Hamilton County Chattanooga 37416 Murray Hills

3923 Bowman Ln, Chattanooga, TN

Not Listed for Sale

MultiFamily

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