Seller's Agent in 2024
Corey Ballew
REAL Broker
(423) 529-0696
2 in this area
151 Total Sales
4734 Norcross Rd Hixson, TN 37343
Falling Water Neighborhood
--
Bed
--
Bath
1,998
Sq Ft
0.36
Acres
Highlights
- Open Floorplan
- Brick Exterior Construction
- Central Heating and Cooling System
- No HOA
- Living Room
- Garage
About This Home
As of September 2024Attention investors! Don't miss out on this investment opportunity in Hixson, Tennessee. This duplex currently has a gross monthly rent of $2320. Unit A was recently rented at $1175 and unit B rented at $1145. There is potential to increase gross monthly rents to $2660+ since the 2024 HUD Small Area Fair Market Rents are $1,330 for a 2 bedroom unit in 37343. The property is professionally managed by a property management firm. Showing allowed on vacant Unit A only. The property can be a great opportunity for both investors and owner occupants. For a home buyer intending on living on one side we have options for 0-5% down with VA, FHA, or conventional financing. Offers will need a contingency to view Unit B within the due diligence/inspection period. Please do not disturb tenants.
Last Buyer's Agent
Tevan Holder
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,639
Year Built
- Built in 1969
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 110x140.6
- Fenced
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,998 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
- Dupont Elementary School
- Hixson Middle School
- Hixson High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 099m H 025
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $27,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 19, 2024
Sold by
Moore Brian and 4734 Norcross Road Trust
Bought by
Ferreira Michael Joseph
Seller's Agent
Corey Ballew
REAL Broker
Buyer's Agent
Tevan Holder
Keller Williams Realty
List Price
$309,000
Sold Price
$302,500
Premium/Discount to List
-$6,500
-2.1%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170
Avg. Annual Appreciation
0.46%
Original Mortgage
$226,875
Outstanding Balance
$224,761
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$79,048
Purchase Details
Closed on
Sep 8, 2023
Sold by
Moore Brian
Bought by
4734 Norcross Road Trust and Smith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 14, 2022
Closed on
Jan 25, 2023
Sold by
Neely Dustin M
Bought by
Moore Brian
Seller's Agent
Alicia Bell
Crye-Leike, REALTORS
Buyer's Agent
Corey Ballew
REAL Broker
List Price
$245,000
Sold Price
$195,000
Premium/Discount to List
-$50,000
-20.41%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%
Original Mortgage
$165,750
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2009
Sold by
Bahr Gary Alan
Bought by
Neely Dustin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.1%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $302,500 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $195,000 | Toro Title | |
| Warranty Deed | $95,000 | Realty Title & Escrow Servic |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $226,875 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $165,750 | New Conventional | |
| Previous Owner | $93,279 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $302,500 | -2.1% | $151 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $309,000 | +58.5% | $155 / Sq Ft |
| 01/25/2023 01/25/23 | Sold | $195,000 | -20.4% | $98 / Sq Ft |
| 12/25/2022 12/25/22 | Off Market | $245,000 | -- | -- |
| 12/14/2022 12/14/22 | For Sale | $245,000 | 0.0% | $123 / Sq Ft |
| 12/09/2022 12/09/22 | Off Market | $245,000 | -- | -- |
| 12/05/2022 12/05/22 | For Sale | $245,000 | -- | $123 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $1,316 | $58,800 | $0 | $0 |
| 2023 | $1,316 | $58,800 | $0 | $0 |
| 2022 | $822 | $36,750 | $0 | $0 |
| 2021 | $822 | $36,750 | $0 | $0 |
| 2020 | $700 | $25,300 | $0 | $0 |
| 2019 | $700 | $25,300 | $0 | $0 |
| 2018 | $1,048 | $40,480 | $0 | $0 |
| 2017 | $1,119 | $40,480 | $0 | $0 |
| 2016 | $1,081 | $0 | $0 | $0 |
| 2015 | $2,098 | $39,080 | $0 | $0 |
| 2014 | $2,098 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Ballew
-
Tevan Holder
T
Buyer's Agent in 2024
Tevan Holder
Keller Williams Realty
(931) 409-2579
1 in this area
140 Total Sales
-
A
Seller's Agent in 2023
Alicia Bell
Crye-Leike, REALTORS
-
B
Seller Co-Listing Agent in 2023
Bud Brown
Crye-Leike, REALTORS
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1395432
APN: 099M-H-025
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