NOT LISTED FOR SALE

Estimated Value: $292,507 - $307,000

Studio
2 Baths
1,068 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 03, 2025

Last sale price $287,500 $269 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,651/month

14 Days on Market

Highlights

  • No HOA
  • Multiple cooling system units
  • Living Room
  • Formal Dining Room

About This Home

As of February 2025

Charming 1920s Duplex Package in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale for $899K for all three or $297K priced by itself.

Last Agent to Sell the Property

Vincent Trapani

Lifestyles Realty Tennessee, Inc License #373489 Listed on: 12/19/2024

Last Buyer's Agent

Vincent Trapani

Lifestyles Realty Tennessee, Inc License #373489 Listed on: 12/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1920

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,068 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Schools

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

Additional Features

  • 3,485 Sq Ft Lot
  • Multiple cooling system units

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 167g_m_013.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: J M Goads
  • Directions: Travel south on Tennessee ave, turn left onto W 46th, turn left onto Balcomb St. Property is on the left.
  • Living Area: 1068.0
  • New Construction: No
  • Year Built: 1920
  • Location Tax and Legal Parcel Number2: 167g_m_013.02
  • 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 Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Charming 1920s Duplex Package in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale for $899K for all three or $297K priced by itself.
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Lookout Valley Middle
  • Sewer:Public Sewer: Yes
  • Cooling:Multi Units: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: Yes
  • Unit 3 Efficiency3: No
  • Unit 3 Furnished5: Unfurnished
  • Unit 3 Den5: No
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: No
  • Unit 3 Microwave8: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Microwave9: Yes
  • Unit 4 Efficiency4: No
  • Unit 4 Furnished6: Unfurnished
  • Unit 4 Den6: No
  • Unit 4 Living Room6: Yes
  • Unit 4 Separate Dining4: Yes
  • Unit 5 Efficiency5: No
  • Unit 5 Furnished7: Unfurnished
  • Unit 5 Den7: No
  • Unit 5 Living Room7: Yes
  • Unit 5 Separate Dining5: Yes
  • Unit 5 Microwave10: Yes
  • Unit 5 Washer Dryer Hookups5: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • 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: 3484.8
  • Parcel #: 167g_m_013.02
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

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
$899,000
Sold Price
$287,500
Premium/Discount to List
-$611,500
-68.02%
Views
1
Current Estimated Value
$300,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,669
Avg. Annual Appreciation
4.19%
Original Mortgage
$215,625
Outstanding Balance
$213,512
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$86,657

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
262

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Gorden $287,500 Bridge City Title
Lam Gorden $287,500 Bridge City Title
Nesbit Corey $250,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Gorden $215,625
Closed Lam Gorden $215,625
Previous Owner Nesbit Corey $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2025 02/03/25 Sold $287,500 -68.0% $269 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $899,000 +259.6% $842 / Sq Ft
11/08/2023 11/08/23 Sold $250,000 0.0% $250 / Sq Ft View Prior Sale
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 View Prior Sale
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

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 $1,310 $86,400 $0 $0
2024 $902 $40,320 $0 $0
2023 $902 $40,320 $0 $0
2022 $1,993 $40,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1504676

Greater Chattanooga REALTORS®

APN: 167G-M-013.02

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