$120,000
SOLD JUL 9, 2021

490 E Ridge Rd Dunlap, TN 37327

2 Beds
1 Bath
1,032 Sq Ft
0.82 Acres

Recently Sold

$116 Per Sq Ft

10% Below List Price

85 Days on Market

Highlights

  • City View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Contemporary Architecture
  • Covered patio or porch
  • Accessible Doors

About This Home

As of April 2023

Investment opportunity!! Conveniently located investment property. What could be easier than three rentals on one tract? This site built home will be easily rented and the two mobile homes already have long term and reliable renters. All three units have had recent updates. This is close to schools, shopping, and medical and in a desirable location for rentals. Come see these today!

Last Agent to Sell the Property

George Hamilton

George Hamilton Real Estate and Management Co. License # 217959 Listed on: 03/03/2021

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $547

Year Built

  • Built in 1945

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 30 x300 x160 x290
  • Sloped Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shake Roof
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • City Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space
  • Gravel Driveway

Schools

  • Griffith Elementary School
  • Sequatchie Co Middle School
  • Sequatchie Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Private Sewer

Additional Features

  • Accessible Doors
  • Covered patio or porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047A E 01900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$547

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1945
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Utility Connection
  • Accessibility Features: Accessible Doors
  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1032
  • Building Area Units: Square Feet
  • Living Area: 1032
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Shake, Concrete
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Attached, Gravel
  • Total Parking Spaces: 3

Utilities

  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.82
  • Lot Size: 30 X300 X160 X290
  • Lot Size Units: Acres
  • Parcel #: 047A E 01900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 547

MLS Schools

  • Elementary School: Griffith Elementary
  • High School: Sequatchie Co High School
  • Middle Or Junior School: Sequatchie Co Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jun 22, 2021
Sold by
Hitchcock Ronnie and Hitchcock Linda
Bought by
Footpath Capital Llc
Seller's Agent
George Hamilton
George Hamilton Real Estate and Management Co.
Buyer's Agent
NONMLS NONMLS
List Price
$133,000
Sold Price
$120,000
Premium/Discount to List
-$13,000
-9.77%
Total Days on Market
85
Current Estimated Value
$162,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,971
Avg. Annual Appreciation
8.06%
Original Mortgage
$96,000
Outstanding Balance
$88,116
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$74,855

Purchase Details

Closed on
May 8, 2007
Bought by
Hitchcock Ronnie Hitchcock Linda

Purchase Details

Closed on
Jul 20, 1998
Sold by
Easter Hitchcock
Bought by
Ronnie Hitchcock

Purchase Details

Closed on
Aug 17, 1992
Bought by
Hitchcock Easter Hitchcock Ronnie
Source: Public Records

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    • 2 Beds
    • 2 Baths
    • 1,064 Sq Ft
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    Well Maintained 2001 Clayton mobile home. 2 bedroom, 2 bath, wheel chair accessible ramp and a storage building on site. Seller has maintained service records for any work done to the home including recent septic pump, HVAC purchased in 2021, and any roof or gutter work. New wheel chair ramp and back porch built this year. This property would be good for a affordable home or investment

    Keshia Hickman Tennessee Southern Properties llc

    Section Image

Range of Values:

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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 $120,000 None Available
Quit Claim Deed -- --
Deed -- --
Warranty Deed $10,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 Commercial
Previous Owner $118,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $129,000 -0.4% $125 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
11/10/2022 11/10/22 Price Changed $129,500 -9.1% $125 / Sq Ft
10/13/2022 10/13/22 Price Changed $142,500 -91.0% $138 / Sq Ft
09/06/2022 09/06/22 For Sale $1,589,000 +1224.2% $1,540 / Sq Ft
07/09/2021 07/09/21 Sold $120,000 0.0% $116 / Sq Ft
07/06/2021 07/06/21 Sold $120,000 -9.8% $116 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/27/2021 05/27/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $133,000 0.0% $129 / Sq Ft
03/03/2021 03/03/21 For Sale $133,000 -- $129 / 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 $1,634 $67,680 $8,000 $59,680
2023 $1,634 $67,680 $8,000 $59,680
2022 $1,168 $35,200 $4,400 $30,800
2021 $1,151 $35,200 $4,400 $30,800
2020 $547 $16,750 $2,750 $14,000
2019 $547 $16,750 $2,750 $14,000
2018 $541 $16,750 $2,750 $14,000
2017 $535 $16,750 $2,750 $14,000
2016 $603 $18,100 $2,750 $15,350
2015 $603 $18,100 $2,750 $15,350
2014 $603 $18,100 $2,750 $15,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2232695

Realtracs

APN: 047A-E-019.00