NOT LISTED FOR SALE

5418 Connell St Chattanooga, TN 37412

Estimated Value: $209,000 - $301,369

-- Bed
4 Baths
1,860 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $115,000 $62 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,633/month

2 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Patio
  • Deck
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2018

Are you ready to be an investor? Live in one side and rent out the other side! Already an investor? There are tenants that are currently on a month to month lease that would like to renew! Current rents bring in $1370 every month! This is a great duplex located in East Ridge that is convenient to Highway 75 or I-24, Hamilton Place Mall, Downtown, Ringgold, and so much more! Each unit has the living/dining and kitchen downstairs with a 1/2 bath and laundry closet. There are 2 bedrooms and a full bath upstairs. Both units have a 1 car garage! Beautiful back yard and plenty of extra parking if needed. Please schedule your appointment with 24 hour notice so we can get you in to see it! Please be courteous and do not bother the tenants.

Last Agent to Sell the Property

Kathryn Hill

Better Homes and Gardens Real Estate Signature Brokers License #328897 Listed on: 09/06/2018

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Francisco Rojas

Keller Williams Realty License #342188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 50x158
  • Level Lot
  • Flag Lot

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Stove
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Patio

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 169g N 011.02

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Snyders Subdivision

Building Details

  • Gross Income $16,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,105

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50X158
  • Subdivision Name: Snyders
  • Directions: I-24 take exit for Moore Rd. Left on Moore Rd, Left on Terrace, Right onto McBrien. Left onto Connell Street, cross Altamaha and duplex is on the right. From I-75 take Ringgold Rd exit South, make a right onto West End/Connell Street follow it around to curve left, duplex on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Two
  • Living Area: 1860.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 169g N 011.02
  • Location Tax and Legal Elementary School: Spring Creek Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 2105.4
  • 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: 50X158
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Levels Three Or More: Yes
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Flag Lot, Level
  • View: No
  • Waterfront: No
  • Disclosures: Flood Insurance May Be Required
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Lot Features:Flag Lot: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Basement: 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: Spring Creek Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Parcel #: 169g N 011.02

Rental Info

  • Tenant Pays: All Utilities, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16440.0

Tax Info

  • Tax Annual Amount: 2105.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 21, 2018
Sold by
Headlee Warren Thomas
Bought by
Sierra Armando
Seller's Agent
Kathryn Hill
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Francisco Rojas
Keller Williams Realty
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$279,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,612
Avg. Annual Appreciation
13.58%
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
Sierra Armando $115,000 Realty Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Headlee Warren Thomas $71,500
Previous Owner Headlee Warren Thomas $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $115,000 -7.9% $62 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $124,900 -- $67 / 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 $1,222 $54,600 $0 $0
2023 $1,922 $54,600 $0 $0
2022 $1,922 $54,600 $0 $0
2021 $2,222 $54,600 $0 $0
2020 $2,105 $43,560 $0 $0
2019 $2,105 $43,560 $0 $0
2018 $2,105 $43,560 $0 $0
2017 $2,105 $43,560 $0 $0
2016 $1,931 $0 $0 $0
2015 $1,931 $38,520 $0 $0
2014 $1,931 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1285068

Greater Chattanooga REALTORS®

APN: 169G-N-011.02