$250,000
SOLD NOV 8, 2023
-- Bed
-- Bath
1,000 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

55 Days on Market

Highlights

  • Open Floorplan
  • Cooling Available
  • Community Playground
  • No HOA
  • Living Room
  • Garage

About This Home

As of February 2025

***Attention Investors*** Here is an opportunity for you to own (1) single-family and (2) duplexes side by side in the ever so popular Saint Elmo!

4529 Balcomb St, 4535 Balcomb St, 4521 Balcomb St are being sold as a package deal only for $799k. Seller financing is not available.

4523 Balcomb can be toured with a scheduled showing through BrokerBay. Please do not disturb tenants.

Currently total rent is below market value $3875

Last Agent to Sell the Property

Unyae Lee

Keller Williams Realty License #355112 Listed on: 08/19/2023

Keller Williams Realty

Last Buyer's Agent

Vincent Trapani

Lifestyles Realty Tennessee, Inc License #373489

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 49.32x145
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Schools

  • Calvin Donaldson Elementary School
  • Lookout Valley Middle School
  • Lookout Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 167g M 013

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • J M Goads Subdivision

Recreation

  • Community Playground

Building Details

  • Gross Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • Lot Size: 49.32X145
  • Subdivision Name: J M Goads
  • Directions: Travel south on Tennessee ave, turn left onto W 46th, turn left onto Balcomb. Home is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1000.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1920
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 167g M 013
  • Location Tax and Legal Elementary School: Calvin Donaldson Elementary
  • Location Tax and Legal High School: Lookout Valley High
  • Location Tax and Legal:Tax Annual Amount: 1809.28
  • 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: 0.03
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Dimensions: 49.32X145
  • 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: Lookout Valley 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 Living Room4: 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: Open Floorplan
  • Basement:Crawl Space: Yes
  • Community Features:Playground: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Roof: Shingle
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Lookout Valley High
  • Middle Or Junior School: Lookout Valley Middle

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 167g M 013
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17700.0

Tax Info

  • Tax Annual Amount: 1809.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 29, 2025
Sold by
Nesbit Krystal and Nesbit Corey
Bought by
Lam Gorden and Zhang Zhaoxia
Seller's Agent
Vincent Trapani
Lifestyles Realty Tennessee, Inc
Buyer's Agent
Vincent Trapani
Lifestyles Realty Tennessee, Inc
List Price
$297,000
Sold Price
$287,500
Premium/Discount to List
-$9,500
-3.2%
Views
15
Current Estimated Value
$294,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,316
Avg. Annual Appreciation
2.05%
Original Mortgage
$215,625
Outstanding Balance
$215,250
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$74,830

Purchase Details

Listed on
Aug 19, 2023
Closed on
Nov 3, 2023
Sold by
Baf Rsmw 1 Llc
Bought by
Nesbit Corey and Nesbit Krystal
Seller's Agent
Unyae Lee
Keller Williams Realty
Buyer's Agent
Vincent Trapani
Lifestyles Realty Tennessee, Inc
List Price
$250,000
Sold Price
$250,000
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$225,000
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 6, 2022
Sold by
Lancaster Real Estate Trust
Bought by
Baf Rsmw 1 Llc
Seller's Agent
Mark Richmond
Greater Downtown Realty dba Keller Williams Realty
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.62%
Original Mortgage
$25,000,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2019
Sold by
Lancaster Andrew and Lancaster Deborah
Bought by
Lancaster Andrew Truman and Lancaster Deborah Curry

Purchase Details

Closed on
May 29, 2014
Sold by
Lewin William S
Bought by
Lancaster Andrew and Lancaster Deborah

Purchase Details

Closed on
Dec 6, 2006
Sold by
Sarnat Andrew and Sarnat Catherine
Bought by
Lewin William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2001
Sold by
Springfield Thomas N
Bought by
Sarnat Andrew J and Sarnat Catherine

Purchase Details

Closed on
Jun 16, 1999
Sold by
Wigley Calvin C
Bought by
Springfield Thomas N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 1998
Sold by
Wigley Calvin C and Wigley Betty J
Bought by
The Calvin C Wigley Living Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $287,500 Bridge City Title
Warranty Deed $287,500 Bridge City Title
Warranty Deed $250,000 Realty Title
Warranty Deed $550,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Pioneer Title Agency Inc
Warranty Deed $81,500 Assured Title Services Llc
Warranty Deed $10,000 --
Warranty Deed $22,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,625 New Conventional
Closed $215,625 New Conventional
Previous Owner $225,000 Construction
Previous Owner $25,000,000 New Conventional
Previous Owner $80,000 Unknown
Previous Owner $65,200 Unknown
Previous Owner $19,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $287,500 -3.2% $269 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $297,000 +18.8% $278 / Sq Ft
11/08/2023 11/08/23 Sold $250,000 0.0% $250 / Sq Ft
10/15/2023 10/15/23 Off Market $250,000 -- --
08/19/2023 08/19/23 For Sale $250,000 +35.1% $250 / Sq Ft
07/13/2022 07/13/22 Sold $185,000 +5.7% $185 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $175,000 -- $175 / 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 $902 $40,320 $0 $0
2023 $902 $40,320 $0 $0
2022 $902 $40,320 $0 $0
2021 $2,661 $118,953 $0 $0
2020 $1,433 $51,840 $0 $0
2019 $1,433 $51,840 $0 $0
2018 $1,307 $51,840 $0 $0
2017 $1,433 $51,840 $0 $0
2016 $1,091 $0 $0 $0
2015 $2,116 $39,440 $0 $0
2014 $2,116 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1378451

Greater Chattanooga REALTORS®

APN: 167G-M-013