NOT LISTED FOR SALE

4003 Arbor Place Ln Chattanooga, TN 37416

Murray Hills Neighborhood

Estimated Value: $219,733 - $285,000

-- Bed
2 Baths
2,004 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $39,900 $20 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $1,442/month

39 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Brick Exterior Construction
  • No HOA
  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of January 2012

Investor alert!!! Duplex that will provide positive cash flow once fixed up. Each unit has a good size living room, kitchen, bedrooms, bath, and laundry room. A seperate storage room is attached at the rear of each unit. Roof is in good shape. Plenty of off street parking. Gross monthly income is estimated to be at least $1200 once units are ready to be rented resulting in great positive cash flow!

Last Agent to Sell the Property

George Kammerer

RE/MAX Renaissance Realtors Listed on: 12/15/2011

Last Buyer's Agent

Debi Chambers

Chattanooga Real Estate Co

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 90 x 115
  • Cul-De-Sac

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,004 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Eat-In Kitchen

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 120O G 021

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 90 X 115
  • Subdivision Name: Harbor Place
  • Directions: I-75 to Hwy 153 to East on Hwy 58 to Left on Webb. Right on Arbor Place. Home on the Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2004.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1967
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 120O G 021
  • Location Tax and Legal Elementary School: Harrison Elementary
  • Location Tax and Legal High School: Central High School
  • Location Tax and Legal:Tax Annual Amount: 1790.0
  • 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: 90 X 115
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Brown Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • 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
  • Cooling Wall Unit(s): Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • 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:Cul-De-Sac: 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: Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Residential
  • Parcel #: 120O G 021

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2011
Closed on
Jan 25, 2012
Sold by
Wells Fargo Bank N A
Bought by
Clark Daniel and Clark Janice K
Seller's Agent
George Kammerer
RE/MAX Renaissance Realtors
Buyer's Agent
Debi Chambers
Chattanooga Real Estate Co
List Price
$39,900
Sold Price
$39,900
Current Estimated Value
$247,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,033
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Charles Josette
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 29, 2005
Sold by
Charles Josette
Bought by
Arbor Place Land Trust and Paul J R

Purchase Details

Closed on
Oct 6, 2005
Sold by
Rosson Wayne and Rosson Kathleen H
Bought by
Charles Josette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Clark Daniel $39,900 1St Choice
Wells Fargo Bank N A $88,200 None Available
Arbor Place Land Trust -- None Available
Charles Josette $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles Josette $75,000
Previous Owner Hicks Ii Grady L $10,300
Previous Owner Rosson Wayne $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2012 01/27/12 Sold $39,900 0.0% $20 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $39,900 -- $20 / 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 $1,208 $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 $952 $34,440 $0 $0
2019 $952 $34,440 $0 $0
2018 $911 $34,440 $0 $0
2017 $952 $34,440 $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

  • G

    Seller's Agent in 2012

    George Kammerer

    RE/MAX Renaissance Realtors

  • D

    Buyer's Agent in 2012

    Debi Chambers

    Chattanooga Real Estate Co

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1171684

Greater Chattanooga REALTORS®

APN: 120O-G-021

Tennessee Hamilton County Chattanooga 37416 Murray Hills

4003 Arbor Place Ln, Chattanooga, TN

This home is located at 4003 Arbor Place Ln, Chattanooga, TN 37416 since 15 December 2011 and is currently estimated at $247,933, approximately $123 per square foot. This property was built in 1967. 4003 Arbor Place Ln is a home located in Hamilton County with nearby schools including Harrison Elementary School, Brown Middle School, and Central High School.

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