NOT LISTED FOR SALE

4721 Tessie Ln Hixson, TN 37343

Falling Water Neighborhood

Estimated Value: $228,173 - $347,000

-- Bed
2 Baths
1,444 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $245,000 $170 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,567/month

127 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of May 2023

Investor special. Great opportunity. Duplex with longtime tenants in well maintained units. Large space in basement can be finished into 1 or 2 additional units. Already zoned R-3MD to allow for quadplex. New roof. New HVAC Walking distance to shopping and restaurants. Enough off-street parking for 4 units. Tenant occupied. No showings until contract. Tenant occupied. Do not disturb tenants.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 51.9x151.4

Interior Spaces

  • 1,444 Sq Ft Home
  • Property has 3 Levels

Schools

  • Hixson Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • North Glen Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099M D 007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Attribution Contact: 4236183739
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1444
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 51.9X151.4
  • Lot Size Units: Acres
  • Parcel #: 099M D 007
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2262

MLS Schools

  • Elementary School: Hixson Elementary School
  • High School: Hixson High School
  • Middle Or Junior School: Hixson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
May 17, 2023
Sold by
Mazzie John K
Bought by
Osullivan Cormac
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
914
Current Estimated Value
$277,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,793
Avg. Annual Appreciation
5.42%
Original Mortgage
$236,823
Outstanding Balance
$230,105
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$47,688

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 2, 2021
Sold by
Kumbar James L
Bought by
Mazzle John K
Seller's Agent
Tonjia Landreth
Bridge City Realty, LLC
Buyer's Agent
Drew Carey
EXP Realty LLC
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%
Original Mortgage
$122,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Kington Frances L
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
$88,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Pemberton Joseph M and Pemberton Linda F
Bought by
Kington Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Osullivan Cormac $245,000 Foothills Title
Mazzle John K $163,000 Reli Settlement Sln Llc
Kumbar James L $71,000 Professional Ld Title
Kington Frances L $74,500 Ensign Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osullivan Cormac $236,823
Previous Owner Mazzle John K $122,250
Previous Owner Kumbar James L $88,000
Previous Owner Kington Frances L $59,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $245,000 -2.0% $170 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
09/28/2022 09/28/22 For Sale $250,000 +53.4% $173 / Sq Ft
03/02/2021 03/02/21 Sold $163,000 -4.1% $113 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $169,900 -- $118 / 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 $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 $927 $33,520 $0 $0
2019 $927 $33,520 $0 $0
2018 $890 $33,520 $0 $0
2017 $927 $33,520 $0 $0
2016 $888 $0 $0 $0
2015 $1,745 $32,120 $0 $0
2014 $1,745 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tonjia Landreth

    Seller's Agent in 2021

    Tonjia Landreth

    Bridge City Realty, LLC

    (423) 595-2125

    2 in this area

    130 Total Sales

    Tonjia Landreth
    Section Image

  • D

    Buyer's Agent in 2021

    Drew Carey

    EXP Realty LLC

See All Agents

Map

Source: Realtracs

MLS Number: 2918468

Realtracs

APN: 099M-D-007

Tennessee Hamilton County Hixson 37343 Falling Water

4721 Tessie Ln, Hixson, TN

This home is located at 4721 Tessie Ln, Hixson, TN 37343 since 28 September 2022 and is currently estimated at $277,793, approximately $192 per square foot. This property was built in 1974. 4721 Tessie Ln is a home located in Hamilton County with nearby schools including Hixson Elementary School, Hixson Middle School, and Hixson High School.

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