NOT LISTED FOR SALE

4240 Crestview Dr Chattanooga, TN 37415

Estimated Value: $265,593 - $401,000

-- Bed
3 Baths
2,523 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $120,000 $48 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,922/month

21 Days on Market

Highlights

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

About This Home

As of July 2013

Large 2 bedroom duplex conveniently located in the Red Bank area with long term tenants on one side. Don't miss out on this great investment opportunity. Owner occupants may want to live in one side and rent out the other and pay a lower tax rate. This property has low maintenance vinyl siding and brick exterior. The dimensional roof is newer and in great shape. Both sides have a patio area for relaxing outdoors. One side has new carpet, upgraded laminate flooring, new light fixtures & fresh paint. The kitchen has nice oak cabinets, a bar area, and all the appliances are included. Both units have a full finished basement. There are two bedrooms & one bath upstairs and a den, 3rd bedroom, which was not counted in the MLS due to not having a window, second full bath & a storage area downsta rs. The other side which is tenant occupied is also in very nice condition. Great location only minutes to downtown Chattanooga & shopping. The GMI is $1,500 providing great income potential. ''Property sold as is.'' Call for your private showing today!

Last Agent to Sell the Property

Karen Parris

Coldwell Banker Pryor Realty License #316317 Listed on: 05/06/2013

Coldwell Banker Pryor Realty

Last Buyer's Agent

Karen Parris

Coldwell Banker Pryor Realty License #316317 Listed on: 05/06/2013

Coldwell Banker Pryor Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 75 x 221
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Schools

  • Alpine Crest Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 109J G 037

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Daniels Ls Crestview Addn Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$980

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 75 X 221
  • Subdivision Name: Daniels Ls Crestview Addn
  • Directions: Hixson Pike, right on Ashland Terr, right on Crestview, property is on the right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Living Area: 2523.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 109J G 037
  • Location Tax and Legal Elementary School: Alpine Crest Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 980.0
  • 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 Dimensions: 75 X 221
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Stories2: 2
  • Levels:One and One Half: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: Yes
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Aluminum Siding: 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: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpine Crest Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 109J G 037

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 3, 2013
Sold by
Klimkiewicz Michael D and Klimkiewicz Michele C
Bought by
Hall Ryan
Seller's Agent
Karen Parris
Coldwell Banker Pryor Realty
Buyer's Agent
Karen Parris
Coldwell Banker Pryor Realty
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$341,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,148
Avg. Annual Appreciation
8.31%
Original Mortgage
$117,826
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2004
Sold by
Hernandez Christina and Hernandez Johnny L
Bought by
Klimkiewicz Michael D and Klimkiewicz Michele C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hall Ryan $120,000 None Available
Klimkiewicz Michael D $125,000 Legal Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Ryan $209,999
Closed Hall Ryan $117,826
Previous Owner Klimkiewicz Michael D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2013 07/03/13 Sold $120,000 -7.7% $48 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $130,000 -- $52 / 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 $799 $35,700 $0 $0
2023 $1,535 $35,700 $0 $0
2022 $1,240 $35,700 $0 $0
2021 $1,624 $35,700 $0 $0
2020 $1,479 $25,275 $0 $0
2019 $1,479 $25,275 $0 $0
2018 $1,479 $25,275 $0 $0
2017 $1,427 $25,275 $0 $0
2016 $1,436 $0 $0 $0
2015 $1,427 $24,475 $0 $0
2014 $1,427 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1194683

Greater Chattanooga REALTORS®

APN: 109J-G-037