NOT LISTED FOR SALE

Estimated Value: $198,949 - $226,000

-- Bed
2 Baths
1,775 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $90,000 $51 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,336/month

30 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Den
  • Brick Exterior Construction
  • Level Lot

About This Home

As of September 2016

All brick duplex with lots of recent interior upgrades. These stay rented 100% all the time. Stable tenants with more GMI possible. Current rents are $495/550 per month. Tenants pay all utilities, garbage etc. Owner pays yard maintenance. Owner finance only to purchase this property.

Terms- 6%, 15 year.

Last Listed By

Oliver Heyer

Better Homes and Gardens Real Estate Jackson Realty License #S164768 Listed on: 08/16/2016

Better Homes and Gardens Real Estate Jackson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1965

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 150x200
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,775 Sq Ft Home
  • 1-Story Property
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Rock Spring Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3281-080

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Graham Acres Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $12,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,124

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Lot Size: 150X200
  • Subdivision Name: Graham Acres
  • Directions: From Ft. Oglethorpe, go Hwy 27 South, thru Rock Spring, past NW Tech, lft into Graham Acres subdiv, first right, brick duplex on lft
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1775.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Location Tax and Legal Parcel Number2: 3281-080
  • Location Tax and Legal Elementary School: Rock Spring Elementary
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 1124.0
  • 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 Acres: 0.68
  • General Property Information Lot Size Square Feet2: 30000.0
  • General Property Information Lot Size Dimensions: 150X200
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: LaFayette Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Pets Allowed:No: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Den4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Pets Allowed: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Rock Spring Elementary
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 30000.0
  • Parcel #: 3281-080
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12540.0

Tax Info

  • Tax Annual Amount: 1124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Speace Deborah Kay
Bought by
Dupree Jordan
Total Days on Market
30
Current Estimated Value
$213,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,781
Outstanding Balance
$166,376
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$47,213

Purchase Details

Closed on
Aug 16, 2019
Sold by
Hicks Michael J
Bought by
Speace Deborah Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 29, 2016
Sold by
Oliver
Bought by
Hicks Michael J
Seller's Agent
Oliver Heyer
Better Homes and Gardens Real Estate Jackson Realty
Buyer's Agent
Oliver Heyer
Better Homes and Gardens Real Estate Jackson Realty
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$80,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2004
Sold by
Joyner Robert Larry and Jo Rena
Bought by
Heyer Oliver and Heyer Lisa J

Purchase Details

Closed on
Apr 15, 2002
Sold by
Motley Mark L
Bought by
Joyner Robert Larry and Jo Rena

Purchase Details

Closed on
Mar 21, 2001
Sold by
Meeks Charles and Meeks Margie
Bought by
Motley Mark L

Purchase Details

Closed on
Oct 13, 1995
Sold by
Cordell Richard F and Cordell Donna M
Bought by
Meeks Charles and Meeks Margie

Purchase Details

Closed on
Nov 5, 1994
Sold by
Wright Eulah Jeanette
Bought by
Cordell Richard F and Cordell Donna M

Purchase Details

Closed on
Sep 7, 1991
Sold by
Wright Thomas F and Wf Jean
Bought by
Wright Thomas F

Purchase Details

Closed on
Jun 1, 1971
Bought by
Wright Thomas F and Wf Jean

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dupree Jordan $195,000 --
Speace Deborah Kay $110,000 --
Hicks Michael J $90,000 --
Heyer Oliver $83,500 --
Joyner Robert Larry $540,000 --
Motley Mark L $65,000 --
Meeks Charles $62,000 --
Cordell Richard F $60,000 --
Wright Eulah Jeanette $15,500 --
Wright Thomas F -- --
Wright Thomas F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dupree Jordan $174,781
Previous Owner Speace Deborah Kay $93,500
Previous Owner Hicks Michael J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $90,000 -9.9% $51 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $99,900 -- $56 / 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 $1,800 $76,476 $12,000 $64,476
2023 $1,509 $60,932 $12,000 $48,932
2022 $1,425 $53,704 $12,000 $41,704
2021 $1,329 $44,812 $12,000 $32,812
2020 $1,204 $38,462 $12,000 $26,462
2019 $1,224 $38,462 $12,000 $26,462
2018 $1,216 $45,970 $12,000 $33,970
2017 $1,291 $45,970 $12,000 $33,970
2016 $1,483 $52,428 $12,000 $40,428
2015 $1,324 $43,144 $13,200 $29,944
2014 $1,188 $43,144 $13,200 $29,944
2013 -- $43,144 $13,200 $29,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1249988

Greater Chattanooga REALTORS®

APN: 03281-080