NOT LISTED FOR SALE

4206 Bennett Rd Chattanooga, TN 37412

Estimated Value: $275,000 - $294,000

4 Beds
2 Baths
1,772 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $269,000 $152 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,593/month

113 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Patio
  • No HOA
  • Brick Exterior Construction
  • Living Room

About This Home

As of January 2024

*WOW: $6k Price Improvement from $275k to $269k so buyer can make improvements + $680 One Year Home Warranty included if requested on the offer. It's a beautiful Fall day in East Ridge area of Chattanooga TN to have the opportunity to purchase a Duplex. Great investment income-producing property to add to your rental portfolio, or live in one side and rent the other. This 1772+/- SF Duplex offers 2 units each with 2 bedrooms and 1 full bathroom. Sitting on a 0.29+/- acre level corner lot. Central location with a quick drive to East Ridge or Fort Oglethorpe area. Both units have their own separate driveway, storage room in the back, and a covered front porch. New vinyl siding installed 08/2023. Currently, the left side unit B has a tenant on M2M rental lease, and the right side unit A is now vacant as of 09/01/2023. Rental estimate = $975 to $1,050/side/month in our current market. Please consider this turn-key property to own in 2023. *Property is being sold ''as-is''*. ***CASH, CONVENTIONAL, FHA, VA, or OWNER financing w/25% down on a 5 year note.***

Last Agent to Sell the Property

Erik Palmer

Crye-Leike, REALTORS Listed on: 09/22/2023

Last Buyer's Agent

James Hardy

BHHS Lakeside Realty License #226888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x130
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 169p A 037

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1967

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 100X130
  • Subdivision Name: None
  • Directions: From Ringgold Rd 41 or State Line Rd take McBrien Rd to Bennett Rd. Duplex is on the left at the corner of Bennett and Ridgefield Cir with sign on property.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1772.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1967
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 169p A 037
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1958.43
  • 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: 0.29
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Dimensions: 100X130
  • 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
  • Remarks and Miscellaneous Public Remarks2: *WOW: $6k Price Improvement from $275k to $269k so buyer can make improvements + $680 One Year Home Warranty included if requested on the offer. It's a beautiful Fall day in East Ridge area of Chattanooga TN to have the opportunity to purchase a Duplex. Great investment income-producing property to add to your rental portfolio, or live in one side and rent the other. This 1772+/- SF Duplex offers 2 units each with 2 bedrooms and 1 full bathroom. Sitting on a 0.29+/- acre level corner lot. Central location with a quick drive to East Ridge or Fort Oglethorpe area. Both units have their own separate driveway, storage room in the back, and a covered front porch. New vinyl siding installed 08/2023. Currently, the left side unit B has a tenant on M2M rental lease, and the right side unit A is now vacant as of 09/01/2023. Rental estimate = $975 to $1,050/side/month in our current market. Please consider this turn-key property to own in 2023. *Property is being sold ''as-is''*. ***CASH, CONVENTIONAL, FHA, VA, or OWNER financing w/25% down on a 5 year note.***
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 169p A 037

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14700.0

Tax Info

  • Tax Annual Amount: 1958.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Jan 18, 2024
Sold by
Hatcher Ross L
Bought by
Andres Tomas Miguel and Ma Gaspar Juana Elizabeth
Seller's Agent
Erik Palmer
Crye-Leike, REALTORS
Buyer's Agent
James Hardy
BHHS Lakeside Realty
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%
Views
406
Current Estimated Value
$280,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,106
Avg. Annual Appreciation
1.89%
Original Mortgage
$188,300
Outstanding Balance
$145,553
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$134,553
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Andres Tomas Miguel $269,000 Realty Title
Hatcher Ross L -- Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andres Tomas Miguel $188,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $269,000 0.0% $152 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $269,000 -0.4% $152 / Sq Ft
11/02/2023 11/02/23 Price Changed $270,000 -0.9% $152 / Sq Ft
10/23/2023 10/23/23 Price Changed $272,500 -0.5% $154 / Sq Ft
10/20/2023 10/20/23 Price Changed $274,000 -0.4% $155 / Sq Ft
09/22/2023 09/22/23 For Sale $275,000 0.0% $155 / Sq Ft
09/20/2023 09/20/23 Off Market $275,000 -- --
09/14/2023 09/14/23 For Sale $275,000 +2.2% $155 / Sq Ft
09/05/2023 09/05/23 Off Market $269,000 -- --
08/25/2023 08/25/23 For Sale $275,000 -- $155 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,630 $107,520 $0 $0
2024 $1,052 $47,040 $0 $0
2023 $1,649 $47,040 $0 $0
2022 $1,658 $47,040 $0 $0
2021 $1,958 $47,040 $0 $0
2020 $1,761 $35,160 $0 $0
2019 $1,761 $35,160 $0 $0
2018 $1,761 $35,160 $0 $0
2017 $1,761 $35,160 $0 $0
2016 $1,760 $0 $0 $0
2015 $1,760 $34,440 $0 $0
2014 $1,760 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1378704

Greater Chattanooga REALTORS®

APN: 169P-A-037

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