$476,000
SOLD FEB 27, 2025

5106 N Eldridge Rd Hixson, TN 37343

Dupont Neighborhood
-- Bed
-- Bath
3,360 Sq Ft
0.32 Acres

Recently Sold

$142 Per Sq Ft

5% Below List Price

41 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Patio
  • No HOA
  • Brick Exterior Construction
  • Living Room

About This Home

As of February 2025

**TENANT OCCUPIED, NO SHOWINGS UNTIL BINDING CONTRACT. DO NOT DISTURB THE TENANTS**
Fully renovated 4 bed / 2 bath (per side) DUPLEX in Hixson, TN, offering exceptional investment potential. This property features NEW LVP flooring, granite countertops, stylish white kitchen cabinets, and stainless steel appliances (refrigerator included). Both units include back decks for outdoor enjoyment and off-street parking. Conveniently located near Northgate Mall, shopping, dining, and more. Tenant-occupied, with each unit currently rented for $1,975 per side, providing steady cash flow. Don't miss this turnkey investment opportunity!

Last Agent to Sell the Property

Rachel Bruner

Keller Williams Realty License #302596 Listed on: 12/18/2024

Keller Williams Realty

Last Buyer's Agent

Madison DeLoye

Keller Williams Realty License #360589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 110x128.5
  • Fenced
  • Sloped Lot
  • Front Yard

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 099m A 004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mountain Woods Subdivision

Building Details

  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,414

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 110X128.5
  • Subdivision Name: Mountain Woods
  • Directions: 153 left on Gadd, left on Delashmitt, duplex on left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3360.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 099m A 004
  • Location Tax and Legal Elementary School: Alpine Crest Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1413.5
  • General Property Information Enhanced Accessible2: No
  • 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 Dimensions: 110X128.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: **TENANT OCCUPIED, NO SHOWINGS UNTIL BINDING CONTRACT. DO NOT DISTURB THE TENANTS** Fully renovated 4 bed / 2 bath (per side) DUPLEX in Hixson, TN, offering exceptional investment potential. This property features NEW LVP flooring, granite countertops, stylish white kitchen cabinets, and stainless steel appliances (refrigerator included). Both units include back decks for outdoor enjoyment and off-street parking. Conveniently located near Northgate Mall, shopping, dining, and more. Tenant-occupied, with each unit currently rented for $1,975 per side, providing steady cash flow. Don't miss this turnkey investment opportunity!
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Sewer:Public Sewer: Yes
  • Fencing Fenced: Yes
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Front Yard, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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: Alpine Crest Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 099m A 004

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 3950.0

Tax Info

  • Tax Annual Amount: 1413.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Feb 27, 2025
Sold by
Metcalf Robert Dewayne and Metcalf Windy
Bought by
Melrose Luke Samuel and Melrose Sydney Katherine
Seller's Agent
Rachel Bruner
Keller Williams Realty
Buyer's Agent
Madison DeLoye
Keller Williams Realty
List Price
$500,000
Sold Price
$476,000
Premium/Discount to List
-$24,000
-4.8%
Views
152
Current Estimated Value
$480,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,019
Avg. Annual Appreciation
0.93%
Original Mortgage
$404,600
Outstanding Balance
$401,221
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$78,798

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 23, 2024
Sold by
Johnson Jeffery Timothy
Bought by
Metcalf Robert Dewayne and Metcalf Windy
Seller's Agent
Mark Landers
Real Estate Partners Chattanooga LLC
Buyer's Agent
Rachel Bruner
Keller Williams Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$318,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2021
Sold by
Barnette Karen J
Bought by
Johnson Jeffery Timothy

Purchase Details

Closed on
May 10, 2016
Sold by
Barnette Steven G
Bought by
Barnette Karen J

Purchase Details

Closed on
May 7, 2010
Sold by
Wells Fargo Financial Tennessee 1 Llc
Bought by
Barnette Steven G and Barnette Karen J

Purchase Details

Closed on
Feb 3, 2010
Sold by
Thurman James H and Thurman Katherine A
Bought by
Wells Fargo Financial Tennessee 1 Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
England Sheila Mae and Hodge Roger
Bought by
Thurman James H and Thurman Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $476,000 Bridge City Title
Warranty Deed $425,000 Cumberland Title
Warranty Deed $40,000 Cumberland Ttl & Guaranty Co
Quit Claim Deed -- None Available
Corporate Deed $36,960 None Available
Trustee Deed $48,800 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,600 New Conventional
Previous Owner $318,750 New Conventional
Previous Owner $76,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2025 02/27/25 Sold $476,000 -2.7% $142 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/18/2025 01/18/25 Price Changed $489,000 -2.2% $146 / Sq Ft
12/18/2024 12/18/24 For Sale $500,000 +17.6% $149 / Sq Ft
05/23/2024 05/23/24 Sold $425,000 0.0% $126 / Sq Ft View Prior Sale
04/16/2024 04/16/24 For Sale $425,000 -- $126 / 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
2025 $1,616 $106,650 $0 $0
2024 $1,128 $50,400 $0 $0
2023 $705 $31,500 $0 $0
2022 $705 $31,500 $0 $0
2021 $705 $31,500 $0 $0
2020 $627 $22,675 $0 $0
2019 $627 $22,675 $0 $0
2018 $643 $22,675 $0 $0
2017 $627 $22,675 $0 $0
2016 $965 $0 $0 $0
2015 $1,885 $34,880 $0 $0
2014 $1,885 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1504614

Greater Chattanooga REALTORS®

APN: 099M-A-004