NOT LISTED FOR SALE

413 N Moore Rd Chattanooga, TN 37411

Woodmore Neighborhood

Estimated Value: $276,000 - $352,000

Studio
-- Bath
2,154 Sq Ft
$140/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $270,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,758/month

112 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Baseboard Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2024

PRICED TO SELL! Multifamily 10 CAP - Motivated seller for Q1, only. Discover a promising 5 unit converted asset just minutes from the heart of Downtown Chattanooga. This cash flowing value add deal sits directly across the street from Brainerd Golf Course and has plenty of room to increase value with cosmetic updates on a couple units and/or further conversions.

Last Agent to Sell the Property

Albert Drake

Residential Investment Advisors Brokerage Phone: 6152819395 License #358686 Listed on: 09/28/2023

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 75x150

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,154 Sq Ft Home
  • Property has 2 Levels
  • Laminate Flooring

Schools

  • Barger Academy Of Fine Arts Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $3,269
  • The owner pays for gas, water
  • Assessor Parcel Number 157F D 009

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Biltmore Estates Subdivision

Building Details

  • Operating Expense $19,401
  • Gross Income $48,766
  • Net Operating Income $29,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1940

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: APPLN
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 2154
  • Building Area Units: Square Feet
  • Living Area: 2154
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Lot Size: 75X150
  • Lot Size Units: Acres
  • Parcel #: 157F D 009
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Water

Multi Family

  • Gross Income: 48766
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 29365
  • Number Of Units Total: 5
  • Annual Operating Expense: 19401
  • Total Actual Rent: 3269

Tax Info

  • Tax Annual Amount: 2639

MLS Schools

  • Elementary School: Barger Academy of Fine Arts
  • High School: Brainerd High School
  • Middle Or Junior School: Dalewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jan 31, 2024
Sold by
Music City Holdings Llc
Bought by
Nikravan Erik and Hirsch Anthony
Seller's Agent
Albert Drake
Residential Investment Advisors
Buyer's Agent
NONMLS NONMLS
List Price
$340,000
Sold Price
$270,000
Premium/Discount to List
-$70,000
-20.59%
Views
85
Current Estimated Value
$302,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,248
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Mar 15, 2018
Sold by
Justus James
Bought by
Choochoo Rentals Llc

Purchase Details

Closed on
Aug 31, 2017
Sold by
Dzik Micahel
Bought by
Justus James

Purchase Details

Closed on
Nov 13, 2013
Sold by
Dzik Jennifer
Bought by
Dzik Michael

Purchase Details

Closed on
Jul 13, 2012
Sold by
Reyes Ezequiel
Bought by
Dzik Michael

Purchase Details

Closed on
Feb 20, 2012
Sold by
Reyes Ezequiel M
Bought by
Reyes Ezequiel and The Ezequiel Reyes Revocable Trust

Purchase Details

Closed on
Dec 17, 2002
Sold by
Rose Richard C and Rose Julia
Bought by
Reyes Ezequiel M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nikravan Erik $275,000 None Listed On Document
Music City Holdings Llc $270,000 Concord Title
Choochoo Rentals Llc -- None Available
Justus James $75,000 Warranty Title Ins Co Inc
Dzik Michael -- Cumberland Title And Guarant
Dzik Michael $110,000 National Title Insurance Age
Reyes Ezequiel -- None Available
Reyes Ezequiel M -- First Choice Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $270,000 -10.0% $125 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
12/28/2023 12/28/23 Price Changed $299,900 -11.8% $139 / Sq Ft
12/19/2023 12/19/23 For Sale $340,000 0.0% $158 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $340,000 -4.2% $158 / Sq Ft
10/24/2023 10/24/23 Price Changed $355,000 -4.1% $165 / Sq Ft
09/28/2023 09/28/23 For Sale $370,000 -- $172 / Sq Ft
Source: Realtracs

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 $2,419 $159,600 $0 $0
2024 $1,316 $58,800 $0 $0
2023 $1,316 $58,800 $0 $0
2022 $1,316 $58,800 $0 $0
2021 $1,316 $58,800 $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 $1,174 $0 $0 $0
2015 $2,269 $42,440 $0 $0
2014 $2,269 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Drake

    Seller's Agent in 2024

    Albert Drake

    Residential Investment Advisors

    (615) 281-9395

    1 in this area

    17 Total Sales

    Albert Drake
    Section Image

  • N

    Buyer's Agent in 2024

    NONMLS NONMLS

See All Agents

Map

Source: Realtracs

MLS Number: 2576343

Realtracs

APN: 157F-D-009

Tennessee Hamilton County Chattanooga 37411 Woodmore

413 N Moore Rd, Chattanooga, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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