G
Seller's Agent in 2020
Grace Frank
Real Estate Partners Chattanooga LLC
405 W 3rd St Jasper, TN 37347
1
Bed
1
Bath
784
Sq Ft
0.51
Acres
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Level Lot
- Porch
- Floor Furnace
- Carpet
About This Home
As of November 2020Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.
Last Agent to Sell the Property
Zach Taylor Chattanooga Brokerage Phone: 4232083834 License #1182770,339584,305329 Listed on: 09/19/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $228
Year Built
- Built in 1968
Lot Details
- 0.51 Acre Lot
- Level Lot
Interior Spaces
- 784 Sq Ft Home
- Property has 1 Level
- Carpet
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
- Porch
Schools
- Jasper Elementary School
- Jasper Middle School
- Marion Co High School
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 108M B 00402 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2020
Closed on
Nov 20, 2020
Sold by
Kitchen Kirby E and Condra Alex P
Bought by
Realty Zone Llc
Seller's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
Buyer's Agent
Wendy Lapinski
Realty Zone LLC
List Price
$40,000
Sold Price
$20,000
Premium/Discount to List
-$20,000
-50%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,976
Avg. Annual Appreciation
53.90%
Purchase Details
Closed on
Apr 17, 1998
Sold by
Harris Janet L
Bought by
Rhoads Becky A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,613
Interest Rate
7.03%
Purchase Details
Closed on
Jan 31, 1997
Bought by
Condra Samuel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Available | |
| Deed | $55,000 | -- | |
| Warranty Deed | $31,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $400,000 | Credit Line Revolving | |
| Previous Owner | $312,414 | New Conventional | |
| Previous Owner | $494,000 | No Value Available | |
| Previous Owner | $101,840 | No Value Available | |
| Previous Owner | $50,613 | No Value Available | |
| Previous Owner | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2020 11/20/20 | Sold | $20,000 | 0.0% | $26 / Sq Ft |
| 11/20/2020 11/20/20 | Sold | $20,000 | -50.0% | $26 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | For Sale | $40,000 | 0.0% | $51 / Sq Ft |
| 09/19/2019 09/19/19 | For Sale | $40,000 | -- | $51 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $75 | $10,300 | $2,000 | $8,300 |
| 2023 | $75 | $10,300 | $0 | $0 |
| 2022 | $218 | $10,300 | $2,000 | $8,300 |
| 2021 | $218 | $10,300 | $2,000 | $8,300 |
| 2020 | $228 | $10,300 | $2,000 | $8,300 |
| 2019 | $228 | $8,825 | $1,650 | $7,175 |
| 2018 | $228 | $8,825 | $1,650 | $7,175 |
| 2017 | $228 | $8,825 | $1,650 | $7,175 |
| 2016 | $228 | $8,825 | $0 | $0 |
| 2015 | $231 | $8,825 | $0 | $0 |
| 2014 | $231 | $9,374 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2020
Johnny Alvis
Real Estate Partners Chattanooga LLC
-
W
Buyer's Agent in 2020
Wendy Lapinski
Realty Zone LLC
(423) 834-2397
9 in this area
42 Total Sales
Map
Source: Realtracs
MLS Number: 2421286
APN: 108M-B-004.02
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