NOT LISTED FOR SALE

Estimated Value: $199,038 - $281,000

-- Bed
2 Baths
1,300 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $261,666 $201 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,406/month

34 Days on Market

Highlights

  • No HOA
  • Living Room
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 1-Story Property

About This Home

As of July 2024

Amazing investment opportunity awaits! This newly remodeled duplex is conveniently located in the highly desirable Brainerd area that's just minutes away from downtown Chattanooga, hospitals, shopping centers, and a variety of dining options. This property is a reliable source of rental income, rented under market value but still yielding on average $1,000 or more per month per unit. The 2022 renovations include new flooring, new neutral paint inside and out, new tile in bathrooms, new appliances, and new fixtures. These recent renovations, ensure that it's appealing and in top shape for tenants. In consideration of the privacy and comfort of our valued tenants, showings can be scheduled following an accepted contract. This will facilitate a seamless process for all parties involved. Don't miss the chance to explore this profitable investment opportunity. Seller can/will sell all three properties (426, 430, & 432 Booth Road) together for $775,000. Listing agent is the owner of the property. All information is deemed reliable, but not guaranteed. Buyer to verify all pertinent information.

Last Agent to Sell the Property

Mr. J. Dakin Cranwell Jr.

United Real Estate Experts License #348963 Listed on: 03/28/2024

Last Buyer's Agent

Lisa Paller

Working Moms Realty LLC License #357711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92.5x141.25
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 147p H 043

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,659

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 92.5X141.25
  • Subdivision Name: None
  • Directions: From Tunnel Blvd. north, right onto Ridgeside Dr., right onto Booth Rd., property is the 3rd on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1300.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Location Tax and Legal Parcel Number2: 147p H 043
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 1658.51
  • 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: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Dimensions: 92.5X141.25
  • 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
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood 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 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: 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: Other
  • Roof: Shingle
  • 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
  • Utilities: Sewer Connected
  • 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: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 147p H 043
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Annual Amount: 1658.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 8, 2024
Sold by
Dakin Works Llc
Bought by
Cranwell Family Revocable Trust and Coulter
Seller's Agent
Mr. J. Dakin Cranwell Jr.
United Real Estate Experts
Buyer's Agent
Lisa Paller
Working Moms Realty LLC
List Price
$265,000
Sold Price
$261,666
Premium/Discount to List
-$3,334
-1.26%
Views
29
Current Estimated Value
$247,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,406
Avg. Annual Appreciation
-4.72%
Original Mortgage
$279,140
Outstanding Balance
$276,321
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
-$29,061

Purchase Details

Closed on
Aug 29, 2022
Sold by
Dakin Cranwell Jr J
Bought by
Dakin Works Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2022
Sold by
Ventures John Keegan
Bought by
Cranwell J Dakin

Purchase Details

Listed on
Jun 29, 2019
Closed on
Sep 6, 2019
Sold by
Kasch Catherine A
Bought by
John Keegan Ventures
Seller's Agent
Virginia (Jennie) Brockman
Greater Downtown Realty dba Keller Williams Realty
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.36%

Purchase Details

Listed on
Jun 29, 2019
Closed on
Jul 19, 2019
Sold by
Ault Chester V and Kasch Catherine A
Bought by
Kasch Catherine A and The Revocable Trust Of Chester V Ault
Seller's Agent
Virginia (Jennie) Brockman
Greater Downtown Realty dba Keller Williams Realty
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%
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
Cranwell Family Revocable Trust $785,000 Key Title
Dakin Works Llc $70,000 Key Title
Cranwell J Dakin -- None Listed On Document
John Keegan Ventures $70,000 Chattanooga Ttl Downtown Llc
Kasch Catherine A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cranwell Family Revocable Trust $279,140
Previous Owner Dakin Works Llc $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $261,666 0.0% $201 / Sq Ft
07/08/2024 07/08/24 Sold $261,666 -1.3% $201 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $265,000 0.0% $204 / Sq Ft
03/26/2024 03/26/24 For Sale $265,000 +278.6% $204 / Sq Ft
09/06/2019 09/06/19 Sold $70,000 -22.2% $54 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $90,000 -- $69 / 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 $827 $36,960 $0 $0
2023 $827 $36,960 $0 $0
2022 $827 $36,960 $0 $0
2021 $827 $36,960 $0 $0
2020 $731 $26,440 $0 $0
2019 $731 $26,440 $0 $0
2018 $729 $26,440 $0 $0
2017 $731 $26,440 $0 $0
2016 $557 $0 $0 $0
2015 $1,138 $20,160 $0 $0
2014 $1,138 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1389212

Greater Chattanooga REALTORS®

APN: 147P-H-043