NOT LISTED FOR SALE

44 Timothy Dr Ringgold, GA 30736

Estimated Value: $368,000 - $458,000

-- Bed
6 Baths
3,072 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $355,000 $116 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,516/month

79 Days on Market

Highlights

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

About This Home

As of June 2023

NEW ROOF!!! Build equity, live in one and rent the other two. Great investment. Three units are approximately 1000 SF each and each unit has 2 bedrooms, 2 baths with tiled eat-in kitchen, bathroom, dining area and laundry room on main level. Two bedrooms and full bathroom on second level. All 3 units are rented, rent is approximately $2200, very well maintained and great rental history. New kitchen on one unit and new HVAC's on two of the units. Located in a subdivision of triplex's on one acre lots. Zoned for Heritage Middle and Heritage Highs School.

Last Agent to Sell the Property

Ryan King

Greater Chattanooga Realty, Keller Williams Realty License #284395 Listed on: 01/30/2023

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

Shannon Wilson

Greater Chattanooga Realty, Keller Williams Realty License #321390,310657

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 2002

Lot Details

  • 1.02

Home Design

  • Property Attached

Interior Spaces

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

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $750
  • Assessor Parcel Number 0026H021

Community Details

Overview

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

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,740

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2002
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • 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, Other
  • 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

  • Sewer: Septic Tank
  • 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: 135 X 280 IRR
  • Lot Size Units: Acres
  • Parcel #: 0026H021
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 26400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 1740

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Jun 5, 2023
Sold by
Shipley Elaine
Bought by
Sai Satya Inc
Seller's Agent
Ryan King
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
Shannon Wilson
Greater Chattanooga Realty, Keller Williams Realty
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$413,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,476
Avg. Annual Appreciation
6.39%
Original Mortgage
$248,500
Outstanding Balance
$166,430
Interest Rate
6.39%
Mortgage Type
Mortgage Modification
Estimated Equity
$240,143

Purchase Details

Closed on
Nov 15, 2001
Sold by
A & W Associates Inc
Bought by
Shipley Harold and Shipley Elaine
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
Sai Satya Inc $355,000 --
Shipley Harold $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Satya Inc $248,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $355,000 -5.3% $116 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $375,000 -- $122 / Sq Ft
Source: Realtracs

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 $3,028 $188,878 $14,000 $174,878
2023 $2,490 $111,237 $10,800 $100,437
2022 $1,862 $83,150 $10,800 $72,350
2021 $1,740 $83,150 $10,800 $72,350
2020 $1,672 $72,258 $10,800 $61,458
2019 $1,502 $64,229 $9,600 $54,629
2018 $1,587 $64,229 $9,600 $54,629
2017 $1,553 $62,872 $9,600 $53,272
2016 $1,500 $57,728 $9,600 $48,128
2015 -- $57,728 $9,600 $48,128
2014 -- $62,511 $9,600 $52,911
2013 -- $68,881 $12,000 $56,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2715435

Realtracs

APN: 0026H-021