$197,000
SOLD NOV 30, 2017
-- Bed
-- Bath
3,480 Sq Ft
86.55 Acres

Recently Sold

$57 Per Sq Ft

12% Below List Price

64 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Storage
  • Eat-In Kitchen
  • Living Room
  • Central Air

About This Home

As of November 2024

GREAT Investment opportunity!! This tri-plex is completely occupied and has been very well maintained. Each unit has over 1,000 sf of living space and has been completely renovated a few years ago.

Advanced notice, minimum of 24 hours, required for showing appointments.

Last Agent to Sell the Property

Robyn Ring

Choo Choo Realty License #275294 Listed on: 08/18/2017

Last Buyer's Agent

Wayne Bull

Coldwell Banker Pryor Realty License #320580

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 86.54x84.38
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 109c J 004.16

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Waterford Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,503

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 86.54X84.38
  • Subdivision Name: Waterford
  • Directions: Hixson Pike to Norcross Road, left on Ely Road, right on Delaschmitt, right on Waterford, left on Brighton Lane.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3480.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Location Tax and Legal Parcel Number2: 109c J 004.16
  • 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: 3503.23
  • 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: 86.54X84.38
  • 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
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • 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

  • Parcel #: 109c J 004.16

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21000.0

Tax Info

  • Tax Annual Amount: 3503.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 21, 2024
Sold by
Grove Street Properties Llc
Bought by
Patel Pratik
Seller's Agent
Justin Tate
Real Estate Partners Chattanooga LLC
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
13
Current Estimated Value
$414,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$805
Avg. Annual Appreciation
-0.25%
Original Mortgage
$311,250
Outstanding Balance
$305,966
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$108,229

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 17, 2021
Sold by
Frank Roger L
Bought by
Grove Street Properties Llc
Seller's Agent
Mark Hite
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Jeremy Callahan
BHGRE Signature Brokers
List Price
$240,000
Sold Price
$244,000
Premium/Discount to List
$4,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 30, 2017
Sold by
Falls Anthony L
Bought by
Frank Roger L
Seller's Agent
Robyn Ring
Choo Choo Realty
Buyer's Agent
Wayne Bull
Coldwell Banker Pryor Realty
List Price
$225,000
Sold Price
$197,000
Premium/Discount to List
-$28,000
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$197,000
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Baughman Charles R and Baughman Sandra Lynne
Bought by
Falls Anthony L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,110
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $415,000 Cumberland Title
Warranty Deed $244,000 First Title
Warranty Deed $197,000 None Available
Warranty Deed $187,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 Credit Line Revolving
Previous Owner $207,400 Credit Line Revolving
Previous Owner $197,000 VA
Previous Owner $178,132 FHA
Previous Owner $169,110 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $415,000 -2.4% $119 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $425,000 0.0% $122 / Sq Ft
09/21/2024 09/21/24 Off Market $795 -- --
01/15/2021 01/15/21 Sold $244,000 +1.7% $70 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $240,000 0.0% $69 / Sq Ft
02/22/2020 02/22/20 Rented -- -- --
02/22/2020 02/22/20 Under Contract -- -- --
02/22/2020 02/22/20 Rented $795 0.0% --
02/13/2020 02/13/20 For Rent $795 0.0% --
11/30/2017 11/30/17 Sold $197,000 -12.4% $57 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $225,000 -- $65 / 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 $2,175 $97,200 $0 $0
2023 $2,175 $97,200 $0 $0
2022 $2,175 $97,200 $0 $0
2021 $2,175 $97,200 $0 $0
2020 $1,950 $70,520 $0 $0
2019 $1,950 $70,520 $0 $0
2018 $1,732 $70,520 $0 $0
2017 $1,950 $70,520 $0 $0
2016 $1,909 $0 $0 $0
2015 $3,618 $69,040 $0 $0
2014 $3,618 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1269052

Greater Chattanooga REALTORS®

APN: 109C-J-004.16