NOT LISTED FOR SALE

Estimated Value: $185,000 - $281,237

Studio
-- Bath
1,132 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 13, 2025

Last sale price $245,000 $216 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,291/month

106 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Central Heating and Cooling System
  • No HOA
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of January 2025

Wonderful duplex in historic St Elmo. Updated over the years, this property is fully leased. Good back yard and a good neighborhood. One side is 2 bedroom with 1 bath and the other side is one bedroom with one bath.

Last Agent to Sell the Property

Ben Van Gaasbeek

RealSmart License #325574 Listed on: 12/13/2024

Last Buyer's Agent

Michelle O'Neil

Keller Williams Realty License #326806

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1900

Lot Details

  • 7,550 Sq Ft Lot
  • Lot Dimensions are 50x151
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Schools

  • Donaldson Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 167o E  021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,234

Year Built

Built in 1900

Lot Details

7,550 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 50x151
  • Subdivision Name: None
  • Directions: South on St Elmo Ave from Broad, East on 55th, South on Beulah
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1132.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Location Tax and Legal Parcel Number2: 167o E  021
  • Location Tax and Legal Elementary School: Donaldson Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 1234.01
  • 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: 0.17
  • General Property Information Lot Size Square Feet2: 7550.0
  • General Property Information Lot Size Dimensions: 50x151
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Wonderful duplex in historic St Elmo. Updated over the years, this property is fully leased. Good back yard and a good neighborhood. One side is 2 bedroom with 1 bath and the other side is one bedroom with one bath.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Flooring Luxury Vinyl: Yes
  • Flooring Plank: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: No
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Flooring: Luxury Vinyl, Plank
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: 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
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Donaldson Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 7550.0
  • Parcel #: 167o E  021
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0

Tax Info

  • Tax Annual Amount: 1234.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 10, 2025
Sold by
Musser Living Trust and Musser Gary Lee
Bought by
Stefan Bertheisen and Stefan Alexandra Frank
Seller's Agent
Ben Van Gaasbeek
RealSmart
Buyer's Agent
Michelle O'Neil
Keller Williams Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Views
3
Current Estimated Value
$240,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,691
Avg. Annual Appreciation
-1.76%
Original Mortgage
$145,000
Outstanding Balance
$143,604
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$96,705

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 25, 2021
Sold by
Daniel James and Daniel April
Bought by
The Musser Living Trust
Seller's Agent
Tonjia Landreth
Bridge City Realty, LLC
Buyer's Agent
Ben Van Gaasbeek
RealSmart
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$112,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
W & B Construction Inc
Bought by
Pizzuto Francesco and Pizzuto Shereen

Purchase Details

Closed on
Feb 4, 2005
Sold by
Kumbar James L
Bought by
W & B Construction

Purchase Details

Closed on
Feb 14, 2003
Sold by
Young James L and Young Pamela L
Bought by
Kumbar James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.95%

Purchase Details

Closed on
Jun 15, 2001
Sold by
Gang Marian C
Bought by
Young James L and Young Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,412
Interest Rate
7.11%

Purchase Details

Closed on
May 31, 2001
Sold by
Gang Morgan Damon and Gang Maxine
Bought by
Gang Marian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,412
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stefan Bertheisen $245,000 Title Guaranty & Trust
Bertheisen Stefan $245,000 Title Guaranty & Trust
The Musser Living Trust $150,000 Reli Settlement Sln Llc
Pizzuto Francesco $24,000 Elite Title Co Llc
W & B Construction $59,900 Elite Title Co Llc
W & B Construction Inc $59,900 Elite Title Co Llc
Kumbar James L $79,000 Chattanooga Title
Young James L $26,000 --
Gang Marian C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertheisen Stefan $145,000
Closed Stefan Bertheisen $145,000
Previous Owner The Musser Living Trust $112,500
Previous Owner Kumbar James L $61,600
Previous Owner Young James L $21,412
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2025 01/13/25 Sold $245,000 -7.5% $216 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $265,000 0.0% $234 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $265,000 0.0% $234 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $265,000 +76.7% $234 / Sq Ft
03/29/2021 03/29/21 Sold $150,000 -6.2% $133 / Sq Ft View Prior Sale
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $159,900 +106.3% $141 / Sq Ft
05/11/2018 05/11/18 Sold $77,500 -22.5% $68 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $100,000 -- $88 / 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 $678 $44,725 $0 $0
2024 $615 $27,500 $0 $0
2023 $615 $27,500 $0 $0
2022 $615 $27,500 $0 $0
2021 $615 $27,500 $0 $0
2020 $544 $19,675 $0 $0
2019 $544 $19,675 $0 $0
2018 $574 $19,675 $0 $0
2017 $544 $19,675 $0 $0
2016 $476 $0 $0 $0
2015 $989 $17,225 $0 $0
2014 $989 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1398452

Greater Chattanooga REALTORS®

APN: 167O-E-021

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