NOT LISTED FOR SALE

5352 Old Trail Chattanooga, TN 37415

Estimated Value: $128,000 - $269,000

Studio
2 Baths
1,547 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $50,000 $32 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $1,254/month

191 Days on Market

Highlights

  • No HOA
  • Living Room
  • Level Lot
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2014

This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing. Spacious one story duplex, each side has a large living room, eat-in kitchen with area for dining and plenty of cabinet and counter space. Each unit has a laundry closet with washer and dryer hookups. There are 2 bedrooms and 1 bathroom in each unit. There is off street parking for occupants. The duplex is minutes away from both Red Bank and Hixson, so you have the best of both worlds.

Last Agent to Sell the Property

Rolanda Pullen

Coldwell Banker Pryor Realty License #280536 Listed on: 07/15/2013

Coldwell Banker Pryor Realty

Last Buyer's Agent

Sonja Millard

Horizon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 99 x 172
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 099K G 019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 99 X 172
  • Subdivision Name: None
  • Directions: NORTH ON HIGHWAY 153, LEFT ON GADD ROAD, GO ABOUT 1 MILE, SLIGHT LEFT ON OLD TRAIL.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1547.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1969
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 099K G 019
  • 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: 1382.0
  • 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: 99 X 172
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing. Spacious one story duplex, each side has a large living room, eat-in kitchen with area for dining and plenty of cabinet and counter space. Each unit has a laundry closet with washer and dryer hookups. There are 2 bedrooms and 1 bathroom in each unit. There is off street parking for occupants. The duplex is minutes away from both Red Bank and Hixson, so you have the best of both worlds.
  • 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
  • General Property Information Stories2: 1
  • 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
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Level, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Level: 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
  • Utilities: Sewer Connected
  • 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: Alpine Crest Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 099K G 019

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0

Tax Info

  • Tax Annual Amount: 1382.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Feb 5, 2014
Sold by
Fannie Mae
Bought by
Tutor Justyn
Seller's Agent
Rolanda Pullen
Coldwell Banker Pryor Realty
Buyer's Agent
Sonja Millard
Horizon Sotheby's International Realty
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
Current Estimated Value
$219,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,813
Avg. Annual Appreciation
13.09%

Purchase Details

Closed on
Aug 3, 2010
Sold by
Knox George C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2006
Sold by
Partnership For Families Children & Adul
Bought by
Knox George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
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
Tutor Justyn $50,000 None Available
Federal National Mortgage Association $88,567 None Available
Knox George C $76,250 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knox George C $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $50,000 -37.4% $32 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $79,900 -- $52 / 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 $1,048 $69,120 $0 $0
2024 $1,128 $50,400 $0 $0
2023 $2,109 $50,400 $0 $0
2022 $1,731 $50,400 $0 $0
2021 $2,115 $50,400 $0 $0
2020 $1,822 $33,520 $0 $0
2019 $1,822 $33,520 $0 $0
2018 $1,822 $33,520 $0 $0
2017 $1,752 $33,520 $0 $0
2016 $1,751 $0 $0 $0
2015 $1,742 $32,120 $0 $0
2014 $1,742 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1198107

Greater Chattanooga REALTORS®

APN: 099K-G-019

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