NOT LISTED FOR SALE

512 Bruning Ln Chattanooga, TN 37415

Estimated Value: $277,120 - $458,000

Studio
3 Baths
2,918 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2014

Last sale price $122,000 $42 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,942 / mo

31 Days on Market

Highlights

  • Open Floorplan
  • Private Yard
  • Formal Dining Room
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2014

Looking for a great investment opportunity? Look no further, you've found it! Three bedrooms, 2.5 bathrooms, eat-in kitchen and separate dining room, spacious rooms, large living room, sitting area out back. Off-street parking! Excellent location, convenient to downtown living, Northshore, UTC campus, interstate for easy commute. One side is rented to a long-term tenant. Other side needs minor repairs. Call to schedule your private showing today!

Last Agent to Sell the Property

Deanna Lindsey

Realty Gallery Signature Listed on: 10/01/2014

Last Buyer's Agent

Brian Kelly

Real Broker License #258290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,128

Year Built

  • Built in 1974

Lot Details

  • Level Lot
  • Private Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,918 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Living Room
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • White Oak Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 117L B 008.11

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bruning Forest Subdivision

Building Details

  • Gross Income $7,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,128

Year Built

Built in 1974

Lot Details

0.42 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 126.9X145.87RR
  • Subdivision Name: Bruning Forest
  • Directions: Dayton Blvd to Signal View, Right on Briggs, Left on Bruning, Sign in yard.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Living Area: 2918.0
  • New Construction: No
  • Year Built: 1974
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 117L B 008.11
  • Location Tax and Legal Elementary School: White Oak Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 2128.0
  • 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 Dimensions: 126.9X145.87RR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Looking for a great investment opportunity? Look no further, you've found it! Three bedrooms, 2.5 bathrooms, eat-in kitchen and separate dining room, spacious rooms, large living room, sitting area out back. Off-street parking! Excellent location, convenient to downtown living, Northshore, UTC campus, interstate for easy commute. One side is rented to a long-term tenant. Other side needs minor repairs. Call to schedule your private showing today!
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One and One Half: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Level, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Sloped: 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
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: White Oak Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 117L B 008.11

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7740.0

Tax Info

  • Tax Annual Amount: 2128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 11, 2014
Sold by
Orlino Antonio G and Orlina Pamela J
Bought by
Polyglot Properties Llc
Seller's Agent
Deanna Lindsey
Realty Gallery Signature
Buyer's Agent
Brian Kelly
Real Broker
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Current Estimated Value
$342,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,030
Avg. Annual Appreciation
9.45%
Original Mortgage
$97,600
Outstanding Balance
$31,753
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$310,277

Purchase Details

Closed on
Dec 20, 2012
Sold by
Victorville Inv Llc
Bought by
Orlina Antonio G and Orlina Pamela J

Purchase Details

Closed on
Dec 29, 2008
Sold by
Brunning Concord Llc
Bought by
Victorville Inv Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Orlina Antonio G and Orlina Pamela J
Bought by
Bruning Concord Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Properties Unlimited Llc
Bought by
Orlina Antonio G and Orlina Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,320
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 1999
Sold by
Sahaj David A and Sahaj Erika L
Bought by
Properties Unlimited Llc

Purchase Details

Closed on
May 29, 1998
Sold by
Radpour Iraj and Radpour Mary K
Bought by
Sahaj David A and Sahaj Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Polyglot Properties Llc $122,000 First Choice Title Inc
Orlina Antonio G -- None Available
Victorville Inv Llc -- None Available
Bruning Concord Llc -- Pioneer Title Agency Inc
Orlina Antonio G $127,900 Pioneer Title Agency Inc
Properties Unlimited Llc $105,000 --
Sahaj David A $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polyglot Properties Llc $97,600
Previous Owner Orlina Antonio G $102,320
Previous Owner Sahaj David A $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $122,000 -6.1% $42 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $129,900 -- $45 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,397 $92,160 $0 $0
2024 $1,696 $75,800 $0 $0
2023 $3,102 $75,800 $0 $0
2022 $2,579 $75,800 $0 $0
2021 $2,963 $75,800 $0 $0
2020 $2,458 $48,840 $0 $0
2019 $2,458 $48,840 $0 $0
2018 $2,458 $48,840 $0 $0
2017 $2,357 $48,840 $0 $0
2016 $2,554 $0 $0 $0
2015 $2,545 $51,640 $0 $0
2014 $2,581 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1217651

Greater Chattanooga REALTORS®

APN: 117L-B-008.11

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