NOT LISTED FOR SALE

Estimated Value: $245,449 - $293,000

-- Bed
2 Baths
1,863 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $240,000 $129 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,554/month

13 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of May 2022

All brick duplex on a huge level corner lot. Both sides are rented with great long term tenants. Currently under market rent, with the possibility of at least $1800/GMI. Both sides are in excellent condition.

Last Buyer's Agent

Emily Berryman

Zach Taylor Chattanooga License #388194,348049

Zach Taylor Chattanooga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 150x173

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,863 Sq Ft Home
  • Property has 3 Levels

Schools

  • Barger Academy Of Fine Arts Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,390
  • Assessor Parcel Number 157B K 007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $16,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,597

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1965
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1863
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 150X173
  • Lot Size Units: Acres
  • Parcel #: 157B K 007
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 16680
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1390

Tax Info

  • Tax Annual Amount: 1597

MLS Schools

  • Elementary School: Barger Academy of Fine Arts
  • High School: Brainerd High School
  • Middle Or Junior School: Dalewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 5, 2022
Sold by
Smith George M
Bought by
Ellis Alexander
Buyer's Agent
Emily Berryman
Zach Taylor Chattanooga
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Current Estimated Value
$271,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,129
Avg. Annual Appreciation
2.16%
Original Mortgage
$204,000
Outstanding Balance
$195,201
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$62,141

Purchase Details

Closed on
Dec 31, 1999
Sold by
Ackerson David F
Bought by
Smith George M
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
Ellis Alexander $240,000 None Listed On Document
Smith George M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Alexander $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $240,000 +0.4% $129 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $239,000 -- $128 / Sq Ft
Source: Realtracs

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 $832 $37,175 $0 $0
2023 $832 $37,175 $0 $0
2022 $1,218 $54,440 $0 $0
2021 $1,218 $54,440 $0 $0
2020 $876 $31,680 $0 $0
2019 $876 $31,680 $0 $0
2018 $848 $31,680 $0 $0
2017 $876 $31,680 $0 $0
2016 $876 $0 $0 $0
2015 $1,723 $31,680 $0 $0
2014 $1,723 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2718973

Realtracs

APN: 157B-K-007