NOT LISTED FOR SALE

423 Shope Ridge Rd Ringgold, GA 30736

Estimated Value: $318,000 - $403,000

Studio
6 Baths
3,072 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2019

Last sale price $215,000 $70 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,117 / mo

5 Days on Market

Highlights

  • No HOA
  • Heritage Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2019

THIS IS THE KIND OF PROPERTY YOU WANT TO OWN AS A LANDLORD! Newer, well maintained and large for a higher quality tenant and higher rents. This triplex will help keep it simple with 3 tenants in one location-easy to keep an eye on. 3 units at 1000 sf each and large bedrooms and open living area. Each includes a covered front porch and a large private patio. Easy maintenance tile in kitchen, dining and bath. ( $2,050 gross monthly income)

Last Agent to Sell the Property

Barry Evans

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4238380606 License #358084,215655 Listed on: 08/27/2019

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Lori Montieth

Greater Chattanooga Realty, Keller Williams Realty License #320352,310349

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 2003

Lot Details

  • 0.55

Home Design

  • Triplex
  • Aluminum Siding

Interior Spaces

  • 3,072 Sq Ft Home
  • Property has 3 Levels

Schools

  • Ringgold Primary Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $705
  • Assessor Parcel Number 0026H025

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hunters Run Subdivision

Building Details

  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 2003

Lot Details

0.55 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 3072
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding
  • 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: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: .55
  • Lot Size Units: Acres
  • Parcel #: 0026H025
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 24600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Total Actual Rent: 705

Tax Info

  • Tax Annual Amount: 1552

MLS Schools

  • Elementary School: Ringgold Primary School
  • High School: Heritage High School
  • Middle Or Junior School: Heritage Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 15, 2019
Sold by
Bought by
Seller's Agent
Barry Evans
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Lori Montieth
Greater Chattanooga Realty, Keller Williams Realty
List Price
$214,887
Sold Price
$215,000
Premium/Discount to List
$113
0.05%
Current Estimated Value
$354,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,751
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,600
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 2002
Sold by
Bought by

Purchase Details

Closed on
May 25, 2000
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 --
$219,500 --
-- --
-- --
$25,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $175,600
Previous Owner $43,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $215,000 +0.1% $70 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $214,887 -- $70 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,548 $134,192 $10,391 $123,801
2024 $2,860 $189,216 $14,000 $175,216
2023 $2,379 $111,542 $10,800 $100,742
2022 $1,864 $83,252 $10,800 $72,452
2021 $1,742 $83,252 $10,800 $72,452
2020 $1,690 $73,032 $10,800 $62,232
2019 $1,518 $64,918 $9,600 $55,318
2018 $1,604 $64,918 $9,600 $55,318
2017 $1,556 $62,962 $9,600 $53,362
2016 $1,516 $58,331 $9,600 $48,731
2015 -- $58,331 $9,600 $48,731
2014 -- $63,195 $9,600 $53,595
2013 -- $69,608 $12,000 $57,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2351309

Realtracs

APN: 0026H-025

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