NOT LISTED FOR SALE

Estimated Value: $245,000 - $345,000

-- Bed
2 Baths
2,025 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $265,000 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,608/month

17 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Living Room
  • Cul-De-Sac
  • Brick Exterior Construction
  • Storage

About This Home

As of May 2024

This all brick duplex with a great rent history is now available. Potential for over $2500/mo in rent payments.
Please contact me with any questions and if you're interested in viewing one unit in a similar duplex that is currently being remodeled. Both units will be available for viewing after accepted contract.

Last Agent to Sell the Property

Maria Chavez

Nest Chattanooga Real Estate & Management, LLC License #318599 Listed on: 04/03/2024

Nest Chattanooga Real Estate & Management, LLC

Last Buyer's Agent

Austin Sizemore

EXP Realty, LLC License #342956

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90.0x140.24
  • Cul-De-Sac
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,025 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 157c M 016.23

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 90.0X140.24
  • Subdivision Name: None
  • Directions: Brainerd Rd. to N Moore Rd North, right on N. Moore Ln, duplex is second to last on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2025.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157c M 016.23
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 1960.05
  • 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: 0.29
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Dimensions: 90.0X140.24
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community 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: Dalewood Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cul-De-Sac: 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 157c M 016.23
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Annual Amount: 1960.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 23, 2024
Sold by
Smith Kimberly Ann and Smith George Michael
Bought by
Hayes John David
Seller's Agent
Maria Chavez
Nest Chattanooga Real Estate & Management, LLC
Buyer's Agent
Austin Sizemore
EXP Realty, LLC
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Views
33
Current Estimated Value
$278,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,871
Avg. Annual Appreciation
-1.56%
Original Mortgage
$198,750
Outstanding Balance
$197,038
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$62,932

Purchase Details

Closed on
Oct 27, 1997
Sold by
Sexton Gerald I
Bought by
Smith George Michael and Smith Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.39%
Mortgage Type
Seller Take Back
Source: Public Records

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
Hayes John David $265,000 Title Guaranty & Trust
Smith George Michael $375,000 Legal Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes John David $198,750
Previous Owner Smith George Michael $468,361
Previous Owner Smith George Michael $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $265,000 -1.9% $131 / Sq Ft
04/21/2024 04/21/24 Off Market $270,000 -- --
04/20/2024 04/20/24 For Sale $270,000 0.0% $133 / Sq Ft
04/03/2024 04/03/24 For Sale $270,000 -- $133 / 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 $977 $43,680 $0 $0
2023 $977 $43,680 $0 $0
2022 $977 $43,680 $0 $0
2021 $977 $43,680 $0 $0
2020 $956 $34,560 $0 $0
2019 $956 $34,560 $0 $0
2018 $913 $34,560 $0 $0
2017 $956 $34,560 $0 $0
2016 $956 $0 $0 $0
2015 $1,869 $34,560 $0 $0
2014 $1,869 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1389528

Greater Chattanooga REALTORS®

APN: 157C-M-016.23