NOT LISTED FOR SALE

405 Red Oak Dr Chattanooga, TN 37415

Red Bank Area

Estimated Value: $270,000 - $302,000

Studio
1 Bath
1,456 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2020

Last sale price $179,000 $123 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,646 / mo

About This Home

As of September 2020

Check out this fully occupied duplex in the heart of Red Bank! It's only a minute drive to the interstate, parks, and restaurants. This duplex has been completely renovated and even has a newer roof and HVAC units. Both units have 2 bedrooms and 1 bathroom with laundry hookups. Don't miss out on this investment opportunity!

Last Agent to Sell the Property

Nathan Torgerson

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239029445 License #323740 Listed on: 08/05/2020

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Collin Rogers

Greater Chattanooga Realty, Keller Williams Realty License #280855

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1950

Lot Details

  • 8,712

Home Design

  • Duplex

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 3 Levels

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Additional Features

  • Lot Dimensions are 100 x 180
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,545
  • Assessor Parcel Number 108M E 014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Laurel Hill Ext Subdivision

Building Details

  • Gross Income $18,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1950

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Unit Levels: Three Or More
  • New Construction: No
  • 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: 1456
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 100 x 180
  • Lot Size Units: Acres
  • Parcel #: 108M E 014
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18540
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1545

Tax Info

  • Tax Annual Amount: 1705

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 9, 2020
Sold by
Bought by
Seller's Agent
Nathan Torgerson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Collin Rogers
Greater Chattanooga Realty, Keller Williams Realty
List Price
$179,000
Sold Price
$179,000
Current Estimated Value
$287,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,873
Avg. Annual Appreciation
8.45%
Original Mortgage
$134,260
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2018
Closed on
Aug 30, 2018
Sold by
Bought by
Buyer's Agent
Nathan Torgerson
Greater Downtown Realty dba Keller Williams Realty
List Price
$120,000
Sold Price
$107,000
Premium/Discount to List
-$13,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.85%
Original Mortgage
$80,255
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,600
Interest Rate
0.0614%
Mortgage Type
Stand Alone Second
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$179,900 Chattanooga Ttl East Brainee
$107,000 None Available
$78,000 First Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $134,260
Previous Owner $109,200
Previous Owner $80,255
Previous Owner $15,600
Previous Owner $62,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2020 09/09/20 Sold $179,000 0.0% $123 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $179,000 +67.3% $123 / Sq Ft
08/31/2018 08/31/18 Sold $107,000 -10.8% $73 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $120,000 -- $82 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $982 $64,800 $0 $0
2024 $1,007 $45,000 $0 $0
2023 $1,898 $45,000 $0 $0
2022 $1,551 $45,000 $0 $0
2021 $1,935 $45,000 $0 $0
2020 $1,705 $30,720 $0 $0
2019 $1,705 $30,720 $0 $0
2018 $1,705 $30,720 $0 $0
2017 $1,642 $30,720 $0 $0
2016 $1,636 $0 $0 $0
2015 $1,627 $29,320 $0 $0
2014 $1,627 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Torgerson

    Seller's Agent in 2020

    Nathan Torgerson

    Greater Downtown Realty dba Keller Williams Realty

    (423) 902-9445

    588 Total Sales

    Nathan Torgerson
    Section Image
  • Collin Rogers

    Buyer's Agent in 2020

    Collin Rogers

    Greater Chattanooga Realty, Keller Williams Realty

    (423) 316-7740

    193 Total Sales

    Collin Rogers
    Section Image
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Map

Source: Realtracs

MLS Number: 2723137

Realtracs

APN: 108M-E-014

Tennessee Hamilton County Chattanooga 37415

405 Red Oak Dr, Chattanooga, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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