406 Sequoia Dr Chattanooga, TN 37411
Woodmore NeighborhoodEstimated Value: $314,000 - $373,000
Highlights
- No HOA
- Cooling Available
- Central Heating
About This Home
As of August 2020Great Investment Opportunity! This property has 4 Units that are all currently leased. Apt A- 2BR/1BA, monthly rent $650 Apt B- 1BR/1BA, monthly rent $758 Apt C- 1BR/1BA, monthly rent $585 Apt D- 1BR/1BA, monthly rent $585 This is located just minutes to Downtown Chattanooga. Don't miss out on this great opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,178
Year Built
- Built in 1946
Lot Details
- Lot Dimensions are 137.3x97
Home Design
- Quadruplex
Interior Spaces
- 2,776 Sq Ft Home
- Property has 3 Levels
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Schools
- Barger Academy Of Fine Arts Elementary School
- Dalewood Middle School
- Brainerd High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 157B M 003
Community Details
Overview
- No Home Owners Association
- 4 Units
- Sequoia Place Subdivision
Building Details
- Gross Income $30,936
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mellichamp Real Estate Group Llc | $210,000 | Title Guaranty & Trust Co | |
| Reyes Ezequiel M | -- | First Choice Title Inc |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mellichamp Real Estate Group Llc | $191,250 | |
| Previous Owner | Young Donald L | $84,000 | |
| Previous Owner | Young Donald L | $86,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $210,000 | -4.5% | $76 / Sq Ft |
| 07/18/2020 07/18/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | For Sale | $220,000 | -- | $79 / Sq Ft |
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 | $1,879 | $84,000 | $0 | $0 |
| 2023 | $1,879 | $84,000 | $0 | $0 |
| 2022 | $1,879 | $84,000 | $0 | $0 |
| 2021 | $1,879 | $84,000 | $0 | $0 |
| 2020 | $1,195 | $43,200 | $0 | $0 |
| 2019 | $1,195 | $43,200 | $0 | $0 |
| 2018 | $1,110 | $43,200 | $0 | $0 |
| 2017 | $1,195 | $43,200 | $0 | $0 |
| 2016 | $1,115 | $0 | $0 | $0 |
| 2015 | $2,161 | $40,320 | $0 | $0 |
| 2014 | $2,161 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2723271
APN: 157B-M-003
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