NOT LISTED FOR SALE

Estimated Value: $287,000 - $416,893

-- Bed
2 Baths
3,383 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $102,500 $30 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $2,098/month

46 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Living Room
  • Den
  • Brick Exterior Construction
  • Storage

About This Home

As of October 2012

Excellent well-maintained duplex in convenient location just off Hwy 153. 3 bedrooms & 1.5 baths in each side. Kitchens have stoves and refrigerator, as well as washer/dryer connections on lower level. Den downstairs and 1-car garage with good storage. Roof & gutters less than 1 year old. Exterior is brick and siding.

Last Agent to Sell the Property

Sue Shaw

Real Estate Partners Chattanooga LLC Listed on: 08/13/2012

Last Buyer's Agent

George Patten

Assist-2-Sell Buyers & Sellers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 145 x 200
  • Level Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,383 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Hillcrest Elementary School
  • Brown Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1291 E 010

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Redlands Subdivision

Building Details

  • Gross Income $16,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,058

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 145 X 200
  • Subdivision Name: Redlands
  • Directions: HWY 153 TO BONNY OAKS EXIT, LEFT ON REDLANDS, FOLLOW TO 4505 ON THE RIGHT
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3383.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1967
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 1291 E 010
  • Location Tax and Legal Elementary School: Hillcrest
  • Location Tax and Legal High School: Central High School
  • Location Tax and Legal:Tax Annual Amount: 2058.0
  • 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: 145 X 200
  • 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 Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Brown Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: 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: Finished, Partial
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Partial: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillcrest
  • High School: Central High School
  • Middle Or Junior School: Brown Middle

Lot Info

  • Parcel #: 1291 E 010

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16140.0

Tax Info

  • Tax Annual Amount: 2058.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Oct 10, 2012
Sold by
Lyon Michael E U
Bought by
Morse Ii James O
Seller's Agent
Sue Shaw
Real Estate Partners Chattanooga LLC
Buyer's Agent
George Patten
Assist-2-Sell Buyers & Sellers, LLC
List Price
$115,000
Sold Price
$102,500
Premium/Discount to List
-$12,500
-10.87%
Total Days on Market
46
Current Estimated Value
$366,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,973
Avg. Annual Appreciation
11.29%
Original Mortgage
$76,875
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Morse Ii James O $102,500 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse James O $130,000
Closed Morse Ii James O $82,000
Closed Morse Ii James O $76,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $102,500 -10.9% $30 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $115,000 -- $34 / 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 $1,208 $54,000 $0 $0
2023 $1,208 $54,000 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $1,133 $40,960 $0 $0
2019 $1,133 $40,960 $0 $0
2018 $1,059 $40,960 $0 $0
2017 $1,133 $40,960 $0 $0
2016 $1,133 $0 $0 $0
2015 $2,194 $40,960 $0 $0
2014 $2,194 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1182845

Greater Chattanooga REALTORS®

APN: 129I-E-010