Seller's Agent in 2018
Eddie Bodkin
Zach Taylor Chattanooga
(423) 665-7355
1 in this area
16 Total Sales
4108 Sunset Ave Chattanooga, TN 37411
Woodmore NeighborhoodEstimated Value: $150,000 - $289,000
Studio
2
Baths
1,824
Sq Ft
$130/Sq Ft
Est. Value
Highlights
- No HOA
- Floor Furnace
- Property has 3 Levels
- Cooling System Mounted To A Wall/Window
About This Home
As of February 2018Located just off of Brainerd Road in an excellent rental location. Average rent is $1300 to $1500 per month depending on the level of rehab and finishes. Both units need renovation in the kitchens and bathrooms. HVAC units also need to be installed. The hardwood floors are in good shape and can be refinished. Roof is about 15 years old per seller. Potential cap rate is 12 % if the property is updated and rented for $1500 per month.
Last Agent to Sell the Property
Zach Taylor Chattanooga License #331596 Listed on: 11/20/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 10,454
Home Design
- Duplex
Interior Spaces
- 1,824 Sq Ft Home
- Property has 3 Levels
Schools
- Barger Academy Of Fine Arts Elementary School
- Dalewood Middle School
- Brainerd High School
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Community Details
- No Home Owners Association
- 2 Units
- Montcrest Subdivision
Listing and Financial Details
- The owner pays for electricity, gas, water
- Assessor Parcel Number 157B G 052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2018
Sold by
Deep Rock Properties Llc
Bought by
Todd Adam Galbraith and Todd Julie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Outstanding Balance
$79,298
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$158,319
Purchase Details
Listed on
Nov 20, 2017
Closed on
Feb 27, 2018
Sold by
Hyde Conway Stephen A and Hyde Conway Charla
Bought by
Deep Rock Properties Llc
Seller's Agent
Eddie Bodkin
Zach Taylor Chattanooga
Buyer's Agent
Eddie Bodkin
Zach Taylor Chattanooga
List Price
$67,500
Sold Price
$58,000
Premium/Discount to List
-$9,500
-14.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.68%
Original Mortgage
$82,000
Interest Rate
4.04%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Todd Adam Galbraith | $122,000 | None Available | |
| Deep Rock Properties Llc | $58,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Todd Adam Galbraith | $91,500 | |
| Previous Owner | Deep Rock Properties Llc | $82,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2018 02/26/18 | Sold | $58,000 | -14.1% | $32 / Sq Ft |
| 12/18/2017 12/18/17 | Pending | -- | -- | -- |
| 11/20/2017 11/20/17 | For Sale | $67,500 | -- | $37 / 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 |
|---|---|---|---|---|
| 2025 | $1,470 | $96,960 | $0 | $0 |
| 2024 | $1,218 | $54,440 | $0 | $0 |
| 2023 | $1,218 | $54,440 | $0 | $0 |
| 2022 | $1,218 | $54,440 | $0 | $0 |
| 2021 | $1,218 | $54,440 | $0 | $0 |
| 2020 | $1,115 | $40,320 | $0 | $0 |
| 2019 | $1,115 | $40,320 | $0 | $0 |
| 2018 | $848 | $31,680 | $0 | $0 |
| 2017 | $876 | $31,680 | $0 | $0 |
| 2016 | $876 | $0 | $0 | $0 |
| 2015 | $1,723 | $31,680 | $0 | $0 |
| 2014 | $1,723 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eddie Bodkin
Map
Source: Realtracs
MLS Number: 2419649
APN: 157B-G-052
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