$163,000
SOLD MAR 2, 2021
-- Bed
-- Bath
1,444 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

4% Below List Price

2 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Brick Exterior Construction
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2023

Great Investor Opportunity in the heart of Hixson! Brand new roof on this 1 Bedroom, 1 Bath Duplex. Property offers the potential of converting the basement into an additional rental space that already has roughed in plumbing, could be used for storage or converted to a home office for tenants. Oversized lot also offers the opportunity to build. Currently zoned R2, property backs up to R3 zoning. One side is on a 12 month lease and other side is month to month.

Last Agent to Sell the Property

Tonjia Landreth

Bridge City Realty, LLC License #288428 Listed on: 01/13/2021

Bridge City Realty, LLC

Last Buyer's Agent

Drew Carey

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 51.9x151.4
  • Cul-De-Sac

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 099m D 007

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Glen Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,690

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 51.9X151.4
  • Subdivision Name: North Glen
  • Directions: North on Hwy. 153, Left on Gadd, Left on Tessie Lane
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1444.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 099m D 007
  • Location Tax and Legal Elementary School: Hixson Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1690.15
  • 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: 51.9X151.4
  • 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
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Hixson Middle
  • General Property Information Stories2: 2
  • Levels:One and One Half: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

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

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

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 099m D 007

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 1690.15

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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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 Type Sale Price Title Company
Warranty Deed $245,000 Foothills Title
Warranty Deed $163,000 Reli Settlement Sln Llc
Warranty Deed $71,000 Professional Ld Title
Warranty Deed $74,500 Ensign Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,823 FHA
Previous Owner $122,250 New Conventional
Previous Owner $88,000 Purchase Money Mortgage
Previous Owner $59,600 Purchase Money Mortgage
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: 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 $1,128 $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

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1324787

Greater Chattanooga REALTORS®

APN: 099M-D-007