NOT LISTED FOR SALE

Estimated Value: $205,000 - $256,077

-- Bed
2 Baths
1,719 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $59,000 $34 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,334/month

Highlights

  • No HOA
  • Baseboard Heating
  • Property has 3 Levels
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2019

Check out this great investment in Chattanooga! Located only 4 miles from Downtown Chattanooga and 10 minutes from the Hamilton Place area, it offers a convenient location and is close to major interstates. This duplex has one side vacant and the other occupied. Rents are low for this area and are expected to be between $1,000-$1,150.

Last Agent to Sell the Property

Nathan Torgerson

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239029445 License #323740 Listed on: 01/04/2019

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Austin Sizemore

eXp Realty LLC License #342956

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 109 x 153.1

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,719 Sq Ft Home
  • Property has 3 Levels

Schools

  • Hardy Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $800
  • Assessor Parcel Number 147H G 033

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kelley Frank Subdivision

Building Details

  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1966
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4239029445
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1719
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding, Other, Brick
  • 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: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 109 x 153.1
  • Lot Size Units: Acres
  • Parcel #: 147H G 033
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 9600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 800

Tax Info

  • Tax Annual Amount: 1150

MLS Schools

  • Elementary School: Hardy Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Dalewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Downey Sean and Downey Kelly
Bought by
Fit 2 Llc
Current Estimated Value
$237,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Outstanding Balance
$205,617
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$32,990

Purchase Details

Closed on
Jul 19, 2022
Sold by
Nlc Investments Llc
Bought by
Downey Sean and Downey Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2019
Sold by
Pmc Properties Llc
Bought by
Nlc Invesments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 25, 2019
Sold by
Rashed Shakir M and Rashed Christy E
Bought by
Pmc Properties Llc
Seller's Agent
Nathan Torgerson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Austin Sizemore
eXp Realty LLC
List Price
$65,000
Sold Price
$59,000
Premium/Discount to List
-$6,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.66%
Original Mortgage
$53,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2000
Sold by
Gaines Mitchell Elizabeth G and Gaines Elizabeth
Bought by
Rashed Shakir M and Rashed Christy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
8.27%

Purchase Details

Closed on
Aug 9, 1999
Sold by
Ann Hilliard Lansing K and Ann Carolyn
Bought by
Kyriakidis Savas T and Kyriakidis Carolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.7%
Source: Public Records

Range of Values:

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Average Value
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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
Fit 2 Llc $259,000 Reli Settlement Solutions
Downey Sean $160,000 Goble & Yow Pllc
Nlc Invesments Llc $70,000 Rudy Title And Escrow Llc
Pmc Properties Llc $62,000 Team Title Legal Services Pl
Rashed Shakir M $38,000 First Title
Kyriakidis Savas T $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fit 2 Llc $207,200
Previous Owner Downey Sean $120,000
Previous Owner Downey Sean $107,200
Previous Owner Nlc Investments Llc $94,125
Previous Owner Nlc Invesments Llc $59,000
Previous Owner Pmc Properties Llc $53,000
Previous Owner Rashed Shakir M $45,000
Previous Owner Rashed Shakir M $37,600
Previous Owner Rashed Shakir M $34,200
Previous Owner Kyriakidis Savas T $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $59,000 -9.2% $34 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $65,000 -- $38 / 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
2024 $519 $23,200 $0 $0
2023 $519 $23,200 $0 $0
2022 $835 $37,320 $0 $0
2021 $835 $37,320 $0 $0
2020 $630 $22,800 $0 $0
2019 $630 $22,800 $0 $0
2018 $646 $22,800 $0 $0
2017 $630 $22,800 $0 $0
2016 $630 $0 $0 $0
2015 $1,272 $22,800 $0 $0
2014 $1,272 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2726847

Realtracs

APN: 147H-G-033