NOT LISTED FOR SALE

Estimated Value: $190,000 - $213,068

-- Bed
2 Baths
1,712 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $184,900 $108 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,107/month

2 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Brick Exterior Construction
  • Baseboard Heating
  • 1-Story Property

About This Home

As of February 2023

Duplex with 2 bedrooms and 1 bath in each unit, Units have been painted and have appliances. Main sewer line was replaced . Duplex also has a new roof . Total rent collected is 1700.00 per month (850.00 per side) and 11 months are left on all the leases.
*** NO SHOWINGS ***until after accepted offer. Please do not disturb tenants. pictures were taken of unit 4129 before renters moved in this month.
4121 Quinn Adams St also for sale MLS#1367854

Last Agent to Sell the Property

Kristy Clements

Veridical Realty, LLC License #TN 339386,GA 375940 Listed on: 01/21/2023

Last Buyer's Agent

Charity Martin

The Group Real Estate Brokerage License #345233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1965

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Schools

  • Donaldson Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 167d B 019.02

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,077

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 40X140
  • Subdivision Name: None
  • Directions: Rossville Blvd South. Right on 37th. Left on Central. Left on Quinn Adams Street. Duplex is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1712.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Location Tax and Legal Parcel Number2: 167d B 019.02
  • Location Tax and Legal Elementary School: Donaldson Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1076.95
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Dimensions: 40X140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Donaldson Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 167d B 019.02
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0

Tax Info

  • Tax Annual Amount: 1076.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 21, 2023
Sold by
Hill City Holdings Llc
Bought by
Corbett Mcelrath Family Trust
Seller's Agent
Kristy Clements
Veridical Realty, LLC
Buyer's Agent
Charity Martin
The Group Real Estate Brokerage
List Price
$184,900
Sold Price
$184,900
Views
88
Current Estimated Value
$200,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,367
Avg. Annual Appreciation
0.68%
Original Mortgage
$138,675
Outstanding Balance
$125,548
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$62,641

Purchase Details

Closed on
Apr 5, 2021
Sold by
G & M Properties Llc
Bought by
Hill City Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2019
Sold by
Kpe Properties Llc
Bought by
G & M Properties Llc

Purchase Details

Closed on
Sep 3, 2015
Sold by
Smith Mario and Jones Shirika
Bought by
Smith Mario and Bonner King Sandra

Purchase Details

Closed on
Jun 13, 2014
Sold by
Thornhill Carey
Bought by
Smith Mario and Jones Shirika

Purchase Details

Closed on
Oct 18, 2010
Sold by
Fannie Mae
Bought by
Thornhill Carey

Purchase Details

Closed on
Jul 19, 2010
Sold by
Lancaster Phillip H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2008
Sold by
Crupi Matthew J
Bought by
Lancaster Phillip H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
Crupi Matthew J
Bought by
Lancaster Phillip H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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
Corbett Mcelrath Family Trust $184,900 Key Title
Hill City Holdings Llc $125,000 Key Title & Escrow Llc
G & M Properties Llc $41,000 Rudy Title And Escrow Llc
Smith Mario -- Title Services Of Tennesse I
Smith Mario $10,000 Title Services Of Tennessee
Thornhill Carey $7,500 A-1
Federal National Mortgage Association $66,143 None Available
Lancaster Phillip H $78,000 None Available
Lancaster Phillip H $78,000 Assured Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Mcelrath Family Trust $138,675
Previous Owner Hill City Holdings Llc $112,500
Previous Owner Lancaster Phillip H $62,400
Previous Owner Lancaster Phillip H $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $184,900 0.0% $108 / Sq Ft
01/29/2023 01/29/23 Off Market $184,900 -- --
01/21/2023 01/21/23 For Sale $184,900 -- $108 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $537 $24,000 $0 $0
2023 $537 $24,000 $0 $0
2022 $537 $24,000 $0 $0
2021 $537 $24,000 $0 $0
2020 $531 $19,200 $0 $0
2019 $531 $19,200 $0 $0
2018 $564 $19,200 $0 $0
2017 $531 $19,200 $0 $0
2016 $521 $0 $0 $0
2015 $1,071 $18,840 $0 $0
2014 $1,071 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1367857

Greater Chattanooga REALTORS®

APN: 167D-B-019.02