$223,300
SOLD APR 13, 2022 RENTED APR 15, 2025

4797 Forest Wood Ln Hixson, TN 37343

Dupont Neighborhood
-- Bed
-- Bath
1,696 Sq Ft
0.3 Acres

Recently Sold

$132 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

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

About This Home

As of April 2022

Do not disturb tenants. 2 bed,1 bath units. New refrigerators 2021. Updated Kitchen and bathroom flooring in unit A. Unit B has new 12 month lease, expires 2/28/2023, $825 month. Unit A lease expires 5/31/2022. Both tenants have been long term. Neighborhood supports increased rent. Seller is extended family of agent.

Last Buyer's Agent

Blake Elsea

Real Estate Partners Chattanooga, LLC License #343031

Real Estate Partners Chattanooga, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 92x154.3

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,696 Sq Ft Home
  • Property has 3 Levels

Schools

  • Alpine Crest Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $825
  • Assessor Parcel Number 109D B 023

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Forest Dale Subdivision

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4232981465
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1696
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • 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: 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: 92X154.3
  • Lot Size Units: Acres
  • Parcel #: 109D B 023
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 19800
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 825

Tax Info

  • Tax Annual Amount: 2043

MLS Schools

  • Elementary School: Alpine Crest Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Feb 17, 2017
Sold by
Apex Bank
Bought by
Southern Charm Properties Llc
Seller's Agent
George Patten
Real Estate Brokers
Buyer's Agent
Cristy Thomas
Lookout Real Estate Investments, Inc
List Price
$79,900
Sold Price
$71,000
Premium/Discount to List
-$8,900
-11.14%
Current Estimated Value
$303,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,500
Avg. Annual Appreciation
18.22%
Original Mortgage
$127,000
Outstanding Balance
$105,334
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$193,221

Purchase Details

Closed on
Mar 12, 2010
Sold by
Markum William D and Markum Angela R
Bought by
Bank Of Camden

Purchase Details

Closed on
Jan 26, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Markum William D and Markum Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,249
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
Word Lacy and Word Romonda Walker
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jun 30, 2003
Sold by
Foundation Realty Management Inc
Bought by
Word Lacy and Walker Word Romonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Rivers William O and Rivers Dehavilland B
Bought by
Hud
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 Type Sale Price Title Company
Limited Warranty Deed $71,000 Title Guaranty And Trust Co
Trustee Deed $83,000 None Available
Special Warranty Deed $55,500 Service Link
Trustee Deed $57,750 None Available
Warranty Deed $87,000 Franklin Title & Escrow Llc
Trustee Deed $56,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,000 Commercial
Previous Owner $97,600 Purchase Money Mortgage
Previous Owner $70,249 Purchase Money Mortgage
Previous Owner $78,300 Purchase Money Mortgage
Previous Owner $43,150 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented -- -- --
03/01/2025 03/01/25 For Rent $1,025 0.0% --
09/21/2024 09/21/24 Off Market $1,025 -- --
09/21/2024 09/21/24 Off Market $985 -- --
09/21/2024 09/21/24 Off Market $1,025 -- --
09/21/2024 09/21/24 Off Market $1,025 -- --
04/05/2024 04/05/24 Rented -- -- --
04/05/2024 04/05/24 Rented $1,025 0.0% --
03/31/2024 03/31/24 Off Market $1,025 -- --
03/26/2024 03/26/24 Under Contract -- -- --
02/22/2024 02/22/24 For Rent $1,025 0.0% --
02/21/2024 02/21/24 For Rent -- -- --
10/14/2023 10/14/23 Rented -- -- --
10/14/2023 10/14/23 Rented $1,025 0.0% --
10/04/2023 10/04/23 Under Contract -- -- --
10/04/2023 10/04/23 Under Contract -- -- --
08/31/2023 08/31/23 For Rent -- -- --
08/31/2023 08/31/23 For Rent $1,025 0.0% --
04/09/2023 04/09/23 Rented -- -- --
04/09/2023 04/09/23 Rented -- -- --
04/09/2023 04/09/23 Rented $1,025 0.0% --
04/06/2023 04/06/23 Under Contract -- -- --
02/27/2023 02/27/23 For Rent -- -- --
02/27/2023 02/27/23 For Rent $1,025 +4.1% --
07/09/2022 07/09/22 Rented -- -- --
07/09/2022 07/09/22 Rented $985 0.0% --
07/08/2022 07/08/22 Under Contract -- -- --
07/08/2022 07/08/22 Under Contract -- -- --
06/23/2022 06/23/22 For Rent $985 -99.6% --
06/22/2022 06/22/22 For Rent -- -- --
04/13/2022 04/13/22 Sold $223,300 -0.8% $132 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $225,000 +216.9% $133 / Sq Ft
02/20/2017 02/20/17 Sold $71,000 -11.1% $39 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
03/23/2016 03/23/16 For Sale $79,900 -- $44 / 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 $822 $36,750 $0 $0
2023 $822 $36,750 $0 $0
2022 $1,316 $58,800 $0 $0
2021 $1,316 $58,800 $0 $0
2020 $1,120 $40,520 $0 $0
2019 $1,120 $40,520 $0 $0
2018 $1,049 $40,520 $0 $0
2017 $1,120 $40,520 $0 $0
2016 $1,078 $0 $0 $0
2015 $2,094 $39,000 $0 $0
2014 $2,094 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2719162

Realtracs

APN: 109D-B-023