5041 Shoals Ln Chattanooga, TN 37416
Estimated payment $1,363/month
Highlights
- Private Yard
- Front Porch
- Living Room
- No HOA
- Brick Exterior Construction
- Laundry Room
About This Home
This duplex is located in the highly sought after area of Hwy 58! Close to shopping, Volkswagen, Schools, Lake Chickamauga and also Booker T Washington and Harrison Bay State Parks. Rent for duplexes in the area are in the 1000-1200 range depending on updates. Both units are vacant so they are very easy to show and feature 2 bedroom 1 bath, recently painted and new floors. Consistently rented. Great rental history! Add this to your portfolio today! Property is being sold as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,226
Year Built
- Built in 1971 | Remodeled
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 100x158.8
- Level Lot
- Private Yard
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,843 Sq Ft Home
- 1-Story Property
- Living Room
- Laminate Flooring
- Unfinished Attic
Kitchen
- Electric Oven
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Stove
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Front Porch
Schools
- Harrison Elementary School
- Brown Middle School
- Central High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- 2 Units
- Lake Shoals Subdivision
Listing and Financial Details
- The owner pays for all utilities
- Assessor Parcel Number 112a A 008
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,208 | $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 | $970 | $34,440 | $0 | $0 |
| 2019 | $970 | $34,440 | $0 | $0 |
| 2018 | $970 | $34,440 | $0 | $0 |
| 2017 | $970 | $34,440 | $0 | $0 |
| 2016 | $956 | $0 | $0 | $0 |
| 2015 | $956 | $33,920 | $0 | $0 |
| 2014 | $956 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $240,000 | +9.1% | $130 / Sq Ft | |
| 06/10/2022 06/10/22 | Sold | $220,000 | -8.3% | $119 / Sq Ft | View Prior Sale |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- | |
| 05/13/2022 05/13/22 | For Sale | $240,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Bridge City Abstract | |
| Warranty Deed | $76,561 | -- | |
| Interfamily Deed Transfer | -- | Nations Title Agency Tn Inc | |
| Warranty Deed | $73,000 | Battlefield Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $77,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $72,350 | FHA |
Source: Greater Chattanooga REALTORS®
MLS Number: 1525288
APN: 112A-A-008
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