Seller's Agent in 2024
Tonjia Landreth
Bridge City Realty, LLC
(423) 595-2125
1 in this area
126 Total Sales
4454 Norcross Rd Hixson, TN 37343
Dupont NeighborhoodEstimated Value: $247,489 - $361,000
Studio
2
Baths
1,726
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Deck
- Eat-In Kitchen
- Patio
- No HOA
- Brick Exterior Construction
- Living Room
About This Home
As of March 2024Investment Opportunity in Hixson, TN - Duplex with Stable Tenants. Welcome to this fantastic investment opportunity in Hixson, Tennessee! This well-maintained duplex, situated on a spacious almost half-acre lot, offers a lucrative prospect for savvy investors. Both sides of this duplex are currently occupied, providing immediate rental income.
Unit A: Occupied with a long-term tenant since 2021
Unit B: Occupied by a tenant in their first 12-month lease
Key Features:
Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces. Unit B has had recent updates that include, fresh paint throughout, fans in bedrooms, new light fixtures in bathroom and kitchen. LVP floors throughout the home.
The property is meticulously maintained, ensuring a hassle-free investment experience and is managed by our property management company.
Spacious backyard, ideal for outdoor activities and potential future improvements.
Investment Highlights:
Immediate cash flow with both units currently leased.
Situated in the thriving community of Hixson, this duplex is conveniently located near Hwy 153, shopping, restaurants and schools. The area is known for its outdoor activities including Chester Frost Park and Greenway Farm., making it an attractive location for tenants.
Don't miss out on this excellent opportunity to add a cash-flowing duplex to your investment portfolio. Schedule a showing today to explore the potential of this Hixson gem! PLEASE DO NOT DISTURB TENANTS.
Last Agent to Sell the Property
Bridge City Realty, LLC License #288428 Listed on: 02/13/2024
Last Buyer's Agent
Darren Etengoff
Real Estate Partners Chattanooga LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,262
Year Built
- Built in 1965
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 165x129.2
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,726 Sq Ft Home
- 1-Story Property
- Living Room
- Luxury Vinyl Tile Flooring
- Basement
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Stove
Parking
- Garage
- Parking Accessed On Kitchen Level
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Schools
- Dupont Elementary School
- Hixson Middle School
- Hixson High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 109e L 026
Community Details
Overview
- No Home Owners Association
- 2 Units
- Cloverdale Hills Subdivision
Building Details
- Gross Income $22,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2024
Closed on
Mar 13, 2024
Sold by
Kumbar James L
Bought by
Queen Kayla Elizabeth and Knott John James
Seller's Agent
Tonjia Landreth
Bridge City Realty, LLC
Buyer's Agent
Darren Etengoff
Real Estate Partners Chattanooga LLC
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622
Avg. Annual Appreciation
0.11%
Original Mortgage
$294,500
Outstanding Balance
$288,737
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$21,885
Purchase Details
Closed on
Jun 18, 2021
Sold by
Stone Robert D and Stone Luci S
Bought by
Kumbar James L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 9, 2013
Closed on
Feb 25, 2013
Sold by
Hayes Sarah C
Bought by
Stone Robert D and Stone Luci S
Seller's Agent
Sherre Bales
Sherre Bales Real Estate
Buyer's Agent
Wayne Thomas
RE/MAX Real Estate Center
List Price
$124,900
Sold Price
$102,500
Premium/Discount to List
-$22,400
-17.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Purchase Details
Closed on
Dec 14, 2007
Sold by
Four Winds Enterprises Llc
Bought by
Hayes Sarah C
Purchase Details
Closed on
Aug 16, 1995
Bought by
Four Winds Enterprises Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Queen Kayla Elizabeth | $310,000 | First Choice Title | |
| Kumbar James L | $165,000 | Reli Settlement Sln Llc | |
| Stone Robert D | $102,500 | First Title | |
| Hayes Sarah C | -- | None Available | |
| Four Winds Enterprises Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Queen Kayla Elizabeth | $294,500 | |
| Previous Owner | Kumbar James L | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $310,000 | -5.8% | $180 / Sq Ft | |
| 02/15/2024 02/15/24 | Off Market | $329,000 | -- | -- | |
| 02/13/2024 02/13/24 | For Sale | $329,000 | +221.0% | $191 / Sq Ft | |
| 02/25/2013 02/25/13 | Sold | $102,500 | -17.9% | $57 / Sq Ft | View Prior Sale |
| 02/11/2013 02/11/13 | Pending | -- | -- | -- | |
| 01/09/2013 01/09/13 | For Sale | $124,900 | -- | $69 / Sq Ft |
Source: Greater Chattanooga REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $2,073 | $136,800 | $0 | $0 |
| 2024 | $1,128 | $50,400 | $0 | $0 |
| 2023 | $1,128 | $50,400 | $0 | $0 |
| 2022 | $1,128 | $50,400 | $0 | $0 |
| 2021 | $1,128 | $50,400 | $0 | $0 |
| 2020 | $903 | $32,640 | $0 | $0 |
| 2019 | $903 | $32,640 | $0 | $0 |
| 2018 | $870 | $32,640 | $0 | $0 |
| 2017 | $903 | $32,640 | $0 | $0 |
| 2016 | $866 | $0 | $0 | $0 |
| 2015 | $1,704 | $31,320 | $0 | $0 |
| 2014 | $1,704 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tonjia Landreth
-
Jeremy Landreth
J
Seller Co-Listing Agent in 2024
Jeremy Landreth
Bridge City Realty, LLC
(423) 802-7194
1 in this area
75 Total Sales
-
D
Buyer's Agent in 2024
Darren Etengoff
Real Estate Partners Chattanooga LLC
-
Sherre Bales
S
Seller's Agent in 2013
Sherre Bales
Sherre Bales Real Estate
(423) 421-2853
15 Total Sales
-
W
Buyer's Agent in 2013
Wayne Thomas
RE/MAX Real Estate Center
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1386774
APN: 109E-L-026
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