NOT LISTED FOR SALE

5314 Delashmitt Rd Hixson, TN 37343

Dupont Neighborhood

Estimated Value: $190,000 - $288,000

-- Bed
2 Baths
1,425 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $110,000 $77 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,367/month

5 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Brick Exterior Construction
  • Central Heating and Cooling System

About This Home

As of May 2018

One level all brick duplex on Delashmitt Rd in Hixson. This Duplex offers 2 bedrooms 1 full bath with off street parking on both sides. Rent is $550/month per unit with gross monthly income of $1,100/month. Tenants pay all utilities. Owner does cover lawn care. This great investment unit can be purchased individually or as a package with 5762 Taggart Dr and 4702 Metro Park Ln. Tenant Occupied please do not disturb tenants.

Last Agent to Sell the Property

Mac Hibbett

Crye-Leike, REALTORS License #321037 Listed on: 04/25/2018

Crye-Leike, REALTORS

Last Buyer's Agent

Becky Smith

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85x130
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space
  • Stove

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 099m B 005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,549

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 85X130
  • Subdivision Name: None
  • Directions: Hwy 153 North from Hixson Pike Left on Gadd Rd Left on Delashmitt.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1425.0
  • New Construction: No
  • Year Built: 1964
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 099m B 005
  • 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: 1548.96
  • 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: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 85X130
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Levels:One: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: 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: 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
  • 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

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 099m B 005
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0

Tax Info

  • Tax Annual Amount: 1548.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Nelson Terry and Nelson Renee
Bought by
Nelson Terry Allen and Nelson Renee
Total Days on Market
5
Current Estimated Value
$239,949

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 30, 2018
Sold by
Mcshane Rashimi Rami and The Shashi Maurya Revcoable Li
Bought by
Nelson Terry and Nelson Renee
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
Becky Smith
RE/MAX Real Estate Center
List Price
$111,500
Sold Price
$110,000
Premium/Discount to List
-$1,500
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$77,000
Outstanding Balance
$67,144
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$205,591

Purchase Details

Closed on
May 24, 2007
Sold by
Maurya Motilal and Maurya Shashi
Bought by
Maurya Shashi and Shashi Maurya Revocable Living Trust

Purchase Details

Closed on
Sep 29, 1997
Sold by
Sim Kim
Bought by
Maurya Motilal and Maurya Shashi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,775
Interest Rate
7.46%
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
Nelson Terry Allen -- None Available
Nelson Terry $110,000 First Choice Title Inc
Maurya Shashi -- None Available
Maurya Motilal $71,500 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Terry $77,000
Previous Owner Maurya Motilal $50,779
Previous Owner Maurya Motilal $60,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $110,000 -1.3% $77 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $111,500 -- $78 / 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 $1,128 $50,400 $0 $0
2023 $1,128 $50,400 $0 $0
2022 $1,128 $50,400 $0 $0
2021 $1,128 $50,400 $0 $0
2020 $849 $30,720 $0 $0
2019 $849 $30,720 $0 $0
2018 $826 $30,720 $0 $0
2017 $849 $30,720 $0 $0
2016 $811 $0 $0 $0
2015 $1,603 $29,320 $0 $0
2014 $1,603 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mac Hibbett

    Crye-Leike, REALTORS

    (423) 596-3004

    2 in this area

    243 Total Sales

    Mac Hibbett
    Section Image

  • B

    Buyer's Agent in 2018

    Becky Smith

    RE/MAX Real Estate Center

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1280356

Greater Chattanooga REALTORS®

APN: 099M-B-005

Tennessee Hamilton County Hixson 37343 Dupont

5314 Delashmitt Rd, Hixson, TN

This home is located at 5314 Delashmitt Rd, Hixson, TN 37343 since 25 April 2018 and is currently estimated at $239,949, approximately $168 per square foot. This property was built in 1964. 5314 Delashmitt Rd is a home located in Hamilton County with nearby schools including Alpine Crest Elementary School, Red Bank Middle School, and Red Bank High School.

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