NOT LISTED FOR SALE

Estimated Value: $265,200

8 Beds
2 Baths
1,560 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2021

Last sale price $190,000 $122 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,544 / mo

13 Days on Market

About This Home

As of December 2021

Great addition to your investment portfolio! This duplex features 2 bedrooms and 1.5 bath on each side and is fully rented at $750 per unit. These units are in good condition, but have not been cosmetically updated. Tenants in place, please do not disturb! Showings will be allowed after binding agreement.

Last Agent to Sell the Property

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291147 Listed on: 10/29/2021

Berkshire Hathaway HomeServices J Douglas Prop.

Last Buyer's Agent

Heidi Rau

Zach Taylor Chattanooga License #337555

Zach Taylor Chattanooga
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1976

Lot Details

  • 0.57

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Schools

  • Harrison Elementary School
  • Brown Middle School
  • Central High School

Additional Features

  • Lot Dimensions are 151.2x163
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,500
  • Assessor Parcel Number 112A A 006

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lake Shoals Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$927

Year Built

Built in 1976

Lot Details

0.57 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1976
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Total Bedrooms: 8
  • Building Area Units: Square Feet
  • Living Area: 1560
  • 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: 151.2X163
  • Lot Size Units: Acres
  • Parcel #: 112A A 006
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 18000
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1500

Tax Info

  • Tax Annual Amount: 927

MLS Schools

  • Elementary School: Harrison Elementary School
  • High School: Central High School
  • Middle Or Junior School: Brown Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 14, 2021
Sold by
Bought by
Seller's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
Buyer's Agent
Heidi Rau
Zach Taylor Chattanooga
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$265,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,200
Avg. Annual Appreciation
7.43%
Original Mortgage
$183,658
Outstanding Balance
$165,704
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$99,496

Purchase Details

Listed on
May 16, 2012
Closed on
Mar 8, 2013
Sold by
Bought by
Seller's Agent
Wanda Chubbs
Choo Choo Realty
Buyer's Agent
Grace Edrington
Horizon Sotheby's International Realty
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$54,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 Northshore T&E Llc
$72,000 Realty Center Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $183,658
Previous Owner $53,580
Previous Owner $54,000
Previous Owner $82,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $190,000 -5.0% $122 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $200,000 +177.8% $128 / Sq Ft
03/08/2013 03/08/13 Sold $72,000 -15.3% $31 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
05/16/2012 05/16/12 For Sale $85,000 -- $37 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,630 $107,520 $0 $0
2024 $1,208 $54,000 $0 $0
2023 $1,226 $54,000 $0 $0
2022 $1,226 $54,000 $0 $0
2021 $1,226 $54,000 $0 $0
2020 $927 $32,880 $0 $0
2019 $927 $32,880 $0 $0
2018 $927 $32,880 $0 $0
2017 $927 $32,880 $0 $0
2016 $898 $0 $0 $0
2015 $898 $31,840 $0 $0
2014 $898 $0 $0 $0
Source: Public Records

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Map

Source: Realtracs

MLS Number: RTC2916897

Realtracs

APN: 112A-A-006

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