$185,000
SOLD JUL 13, 2022
-- Bed
-- Bath
1,000 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • No HOA
  • Community Playground
  • Property has 3 Levels
  • Cooling Available
  • Heating Available

About This Home

As of February 2025

Updated and well maintained Duplex in ST Elmo! 1 bed 1 bath per side. Currently below market rent of $850/side. Roof replaced in 2020. Mini Split HVAC added in 2020. This building was taken down to the studs and completely reworked a few years ago with new plumbing, electrical and spray foam insulation. No showings until accepted contract in place. To be sold with the 2 adjacent properties consisting of a 3 bedroom single family and an almost identical duplex. Please see MLS Ids 1355485 & 1355486 for 4529 Balcomb and 4535/ 4537 Balcomb.

Last Agent to Sell the Property

Mark Richmond

Greater Downtown Realty dba Keller Williams Realty License #360366,331061 Listed on: 05/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 49.32x33.51

Home Design

  • Duplex

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 3 Levels

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

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

Recreation

  • Community Playground

Building Details

  • Gross Income $14,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,011

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1000
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: 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

  • Water Source: Public
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Playground
  • Association: No

Lot Info

  • Lot Size: 49.32X33.51
  • Lot Size Units: Acres
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14640
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2011

MLS Schools

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

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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Range of Values:

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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: 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 $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: Realtracs

MLS Number: 2718323

Realtracs

APN: 167G-M-013