NOT LISTED FOR SALE

440 Smitherman Rd Ringgold, GA 30736

Estimated Value: $234,000 - $501,000

-- Bed
2 Baths
1,864 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $93,000 $50 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,794/month

91 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating and Cooling System
  • Ringgold Middle School Rated A-
  • Eat-In Kitchen
  • Garage

About This Home

As of June 2017

PRICED TO MOVE! Seller is retiring, and ready to sell! This property is convenient (1 minute to I-75), all one level, and in a high-demand area for rentals. Each unit is currently renting for $500/month each side, but could easily bring $675/month per side. The current tenants are on a month-to-month lease. Each side has 2 bedrooms and 1 bath, an open-concept living room and kitchen, and plenty of yard for kids to play. New roof in 2011, new HVAC in 2014!

Last Agent to Sell the Property

Debbie King

DK Real Estate LLC License #352501 Listed on: 01/13/2017

Last Buyer's Agent

Darrell Henry

Fletcher Bright Realty License #329576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1979

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 99x210
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

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

Schools

  • Ringgold Elementary School
  • Ringgold Middle School
  • Ringgold High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0037c-030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$977

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Lot Size: 99X210
  • Subdivision Name: None
  • Directions: I-75 south to exit 350 (Battlefield Parkway). turn left off the exit ramp, then left again at Smitherman (between the trucking company and gas station). Home is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1864.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0037c-030
  • Location Tax and Legal Elementary School: Ringgold Elementary
  • Location Tax and Legal High School: Ringgold High School
  • Location Tax and Legal:Tax Annual Amount: 977.16
  • 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: 0.48
  • General Property Information Lot Size Square Feet2: 20909.0
  • General Property Information Lot Size Dimensions: 99X210
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Ringgold Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: 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, Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Gentle Sloping: 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
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 20909.0
  • Parcel #: 0037c-030
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0

Tax Info

  • Tax Annual Amount: 977.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Jun 5, 2017
Sold by
Freeman England
Bought by
Mcbride Myron Len and Mcbride Tamara Treine
Seller's Agent
Debbie King
DK Real Estate LLC
Buyer's Agent
Darrell Henry
Fletcher Bright Realty
List Price
$119,900
Sold Price
$93,000
Premium/Discount to List
-$26,900
-22.44%
Current Estimated Value
$305,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,580
Avg. Annual Appreciation
15.23%
Original Mortgage
$69,750
Outstanding Balance
$58,017
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$247,563

Purchase Details

Closed on
Jul 11, 1996
Bought by
England Freeman
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
Mcbride Myron Len $93,000 --
England Freeman $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Myron Len $69,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $93,000 -22.4% $50 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $119,900 -- $64 / 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 $2,151 $92,280 $10,140 $82,140
2023 $1,375 $61,407 $10,140 $51,267
2022 $1,092 $48,768 $10,140 $38,628
2021 $1,020 $48,768 $10,140 $38,628
2020 $954 $41,219 $9,013 $32,206
2019 $964 $41,219 $9,013 $32,206
2018 $1,018 $41,219 $9,013 $32,206
2017 $1,002 $40,537 $9,013 $31,524
2016 $977 $37,603 $9,013 $28,590
2015 -- $37,603 $9,013 $28,590
2014 -- $37,603 $9,013 $28,590
2013 -- $39,732 $9,012 $30,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1257710

Greater Chattanooga REALTORS®

APN: 0037C-030