NOT LISTED FOR SALE

Estimated Value: $262,824 - $353,000

8 Beds
2 Baths
2,304 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2021

Last sale price $215,000 $93 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,784 / mo

1 Day on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of June 2021

Perfectly situated towards the end of Lavender Trl yet close to 153/Hixson Pike and Northgate mall, you could not find a more convenient rental property. One side has been tastefully redone when new tenant moved in 2019 with new appliances, paint, deck, fixtures, water heater etc. The other tenant has been loyal for over 10 years. Overall great curb appeal with some partial brick & newer siding, roof and HVAC. Please do not disturb tenants.

Last Agent to Sell the Property

Daniel Vaks

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4234171414 License #349079 Listed on: 04/28/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Heidi Rau

Zach Taylor Chattanooga License #337555

Zach Taylor Chattanooga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 100.0x157.29

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,450
  • Assessor Parcel Number 109C J 004.19

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Waterford Subdivision

Building Details

  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,418

Year Built

Built in 1986

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Total Bedrooms: 8
  • Building Area Units: Square Feet
  • Living Area: 2304
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding, 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: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 100.0X157.29
  • Lot Size Units: Acres
  • Parcel #: 109C J 004.19
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 17400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1450

Tax Info

  • Tax Annual Amount: 1418

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
Apr 28, 2021
Closed on
Jun 1, 2021
Sold by
Nash Ryan Franklin
Bought by
Nanuy Llc
Seller's Agent
Daniel Vaks
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Heidi Rau
Zach Taylor Chattanooga
List Price
$190,000
Sold Price
$215,000
Premium/Discount to List
$25,000
13.16%
Current Estimated Value
$316,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,706
Avg. Annual Appreciation
8.31%
Original Mortgage
$161,250
Outstanding Balance
$144,714
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$171,992

Purchase Details

Listed on
Feb 26, 2019
Closed on
Apr 14, 2019
Sold by
Waters Timothy B
Bought by
Nash Ryan
Seller's Agent
Lorrry Aslinger
The Chattanooga Home Team
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Properties
List Price
$145,000
Sold Price
$137,000
Premium/Discount to List
-$8,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%
Original Mortgage
$102,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2001
Sold by
Hartline Fred L and Hartline Carla D
Bought by
Waters Timothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,046
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1995
Sold by
Hayes James G Tr
Bought by
Hartline Fred L and Hartline Carla D
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nanuy Llc $215,000 Bridge City Title Downtonw
Nash Ryan $137,000 Northshore Title & Escrow
Waters Timothy B $87,400 Legal Title & Escrow Inc
Hartline Fred L $76,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanuy Llc $161,250
Previous Owner Nash Ryan $102,750
Previous Owner Waters Timothy B $86,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $215,000 +13.2% $93 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $190,000 +38.7% $82 / Sq Ft
05/14/2019 05/14/19 Sold $137,000 -5.5% $59 / Sq Ft View Prior Sale
04/02/2019 04/02/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $145,000 -- $63 / Sq Ft
Source: Realtracs

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
2025 $1,397 $92,160 $0 $0
2024 $1,450 $64,800 $0 $0
2023 $906 $40,500 $0 $0
2022 $906 $40,500 $0 $0
2021 $906 $40,500 $0 $0
2020 $778 $45,000 $0 $0
2019 $1,244 $45,000 $0 $0
2018 $1,151 $45,000 $0 $0
2017 $1,244 $45,000 $0 $0
2016 $1,158 $0 $0 $0
2015 $2,240 $41,880 $0 $0
2014 $2,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2721350

Realtracs

APN: 109C-J-004.19

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