$345,000
SOLD FEB 14, 2025

4798 Forest Wood Ln Hixson, TN 37343

Dupont Neighborhood
-- Bed
-- Bath
2,620 Sq Ft
9,936 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

4% Below List Price

126 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • Brick Exterior Construction

About This Home

As of February 2025

Great duplex with one tenant in one side and a vacant and move in ready unit in the other. Each unit has three bedrooms and a full bathroom and a garage. Building has been recently updated. Roof was replaced in 2022.

Last Agent to Sell the Property

Ben Van Gaasbeek

RealSmart License #325574 Listed on: 08/30/2024

Last Buyer's Agent

Ben Van Gaasbeek

RealSmart License #325574 Listed on: 08/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1971

Lot Details

  • 9,936 Sq Ft Lot
  • Lot Dimensions are 118x92
  • Sloped Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Luxury Vinyl Tile Flooring
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 109d B 035

Community Details

Overview

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

Building Details

  • Gross Income $16,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 118x92
  • Subdivision Name: Forest Dale
  • Directions: Ely to Delashmitt. Delashmitt forks, take right side fork onto Eldridge. Right on Forest Dale Ln. Unit is at the South East corner of Forest Dale and Forest Wood.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2620.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 109d B 035
  • Location Tax and Legal Elementary School: Alpine Crest Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 2638.53
  • 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 Acres: 0.23
  • General Property Information Lot Size Square Feet2: 9936.0
  • General Property Information Lot Size Dimensions: 118x92
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Stories2: 2
  • Flooring Luxury Vinyl: Yes
  • Flooring Plank: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Partial
  • Basement YN: Yes
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Plank
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Basement:Partial: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9936.0
  • Parcel #: 109d B 035
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16104.0

Tax Info

  • Tax Annual Amount: 2638.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Feb 12, 2025
Sold by
Musser Living Trust and Musser Gary Lee
Bought by
Molly Austin Trust and Morgan
Seller's Agent
Ben Van Gaasbeek
RealSmart
Buyer's Agent
Ben Van Gaasbeek
RealSmart
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Views
38
Current Estimated Value
$345,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152
Avg. Annual Appreciation
2.22%
Original Mortgage
$241,500
Outstanding Balance
$239,129
Interest Rate
6.91%
Mortgage Type
Construction
Estimated Equity
$109,916

Purchase Details

Closed on
Sep 4, 2020
Sold by
Shiau Jye Fu
Bought by
Musser Gary Lee and Musser Esther Jeanette

Purchase Details

Closed on
Mar 19, 2020
Sold by
Shiau Jye
Bought by
Musser Gary Lee and Musser Esther Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Shiau Jye Fu
Bought by
Shiau Jye Fu and Revocable Trust Agreement Jye Fu Shiau
Source: Public Records

Range of Values:

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Average Value
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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 $345,000 Bridge City Title
Warranty Deed $345,000 Bridge City Title
Warranty Deed -- Title Guaranty & Trust Compa
Warranty Deed $155,000 Title Guaranty & Trust Co
Interfamily Deed Transfer -- First Title
Interfamily Deed Transfer -- First Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,500 Construction
Closed $241,500 Construction
Previous Owner $122,000 New Conventional
Previous Owner $116,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $345,000 -2.8% $132 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
10/18/2024 10/18/24 Price Changed $354,900 -1.4% $135 / Sq Ft
08/30/2024 08/30/24 For Sale $359,900 -- $137 / 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 $1,316 $58,800 $0 $0
2023 $1,316 $58,800 $0 $0
2022 $1,316 $58,800 $0 $0
2021 $1,316 $58,800 $0 $0
2020 $1,119 $40,480 $0 $0
2019 $1,119 $40,480 $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

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1398436

Greater Chattanooga REALTORS®

APN: 109D-B-035