NOT LISTED FOR SALE

Estimated Value: $193,617 - $224,000

-- Bed
2 Baths
1,450 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $23,500 $16 Per Sq Ft

Est. 766% increase in value since last sale

Current estimated payment $1,141/month

39 Days on Market

Highlights

  • Open Floorplan
  • Brick Exterior Construction
  • Living Room
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot

About This Home

As of December 2014

Great income potential, or live in one side and rent the other and let the duplex pay for itself! Each side is 2 bedroom, 1 bath with kitchen, living room and laundry area. Units to left of this one will also be available! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Cindy Walker

Crye-Leike, REALTORS Listed on: 11/03/2014

Co-Listed By

Glenn Bodnar

Crye-Leike, REALTORS

Last Buyer's Agent

Jennifer Carpenter

Wallace Commercial License #274074

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $494

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 37.97x123.49
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 11 30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$494

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 37.97X123.49
  • Co List Office Mls Id: 10551
  • Co List Office Phone: 423-296-1442
  • Subdivision Name: None
  • Directions: From McCallie Ave. and North Hawthorne, turn Right (north) to 521/523 on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1450.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Location Tax and Legal Parcel Number2: 11 30
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Brainerd High
  • 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: 37.97X123.49
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • 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
  • Cooling Wall Unit(s): Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: 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: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Parcel #: 11 30

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Spencer Investments Llc
Bought by
Tennessee I Properties Llc
Current Estimated Value
$203,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2023
Sold by
Modin Daniel
Bought by
Spencer Investments Llc

Purchase Details

Closed on
Nov 28, 2017
Sold by
Phillips James P and Phillips Bihju
Bought by
Modin Dainel

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 17, 2014
Sold by
Fannie Mae
Bought by
Phillips James P and Phillips Bihju
Seller's Agent
Cindy Walker
Crye-Leike, REALTORS
Buyer's Agent
Jennifer Carpenter
Wallace Commercial
List Price
$22,500
Sold Price
$23,500
Premium/Discount to List
$1,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%

Purchase Details

Closed on
Sep 26, 2014
Sold by
Drake Christopher and Glass Stephen L
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Aug 28, 2007
Sold by
Hochman Family Partners Lp
Bought by
Glass Stephen L and Drake Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,229
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Tennessee I Properties Llc $183,000 Key Title
Spencer Investments Llc $164,000 Key Title
Modin Dainel $58,000 First Title
Phillips James P $23,500 First Title
Federal National Mortgage Association $32,000 None Available
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Glass Stephen L $45,810 Legal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennessee 1 Properties Llc $125,000
Closed Tennessee I Properties Llc $120,000
Previous Owner Glass Stephen L $41,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $23,500 +4.4% $16 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $22,500 -- $16 / 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 $494 $22,080 $0 $0
2023 $494 $22,080 $0 $0
2022 $494 $22,080 $0 $0
2021 $494 $22,080 $0 $0
2020 $465 $16,800 $0 $0
2019 $465 $16,800 $0 $0
2018 $509 $16,800 $0 $0
2017 $465 $16,800 $0 $0
2016 $465 $0 $0 $0
2015 $968 $16,800 $0 $0
2014 $968 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1219086

Greater Chattanooga REALTORS®

APN: 146F-C-005