NOT LISTED FOR SALE

Estimated Value: $238,406 - $388,000

-- Bed
2 Baths
2,496 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $112,500 $45 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,622/month

69 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Brick Exterior Construction
  • Deck
  • Eat-In Kitchen
  • Patio

About This Home

As of June 2012

Not your ordinary duplex! This property would make a perfect home for a family and let your tenant pay the mortgage. All Brick construction, located on a quiet street facing the golf course, with an attached garage for each unit and stately curb appeal. Step inside to fresh paint and new carpet throughout. Updated kitchens with all appliances in place. Step out side from your kitchen/dining area and enjoy a private, fenced back yard. Upstairs are 3 bedrooms with a HUGE master that has it's own private screened porch! Zoned for East Ridge Schools, this home is move in ready!

Last Agent to Sell the Property

Mark Hite

Keller Williams Realty Listed on: 04/02/2012

Last Buyer's Agent

Mark Hite

Keller Williams Realty Listed on: 04/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1971

Lot Details

  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 157L A 020

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Brainerd Park Subdivision

Building Details

  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,386

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 79.8X161IRR
  • Subdivision Name: Brainerd Park
  • Directions: Brainerd Road, left on Old Mission, right on Maplewood Ave., Left on Spring Garden Lane
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2496.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157L A 020
  • 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: 2386.0
  • 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: 79.8X161IRR
  • 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:Cable Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • General Property Information Stories2: 2
  • Special Listing Conditions Trust: 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: VirtualTour
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • 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 #: 157L A 020

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17400.0

Tax Info

  • Tax Annual Amount: 2386.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jun 22, 2012
Sold by
Brown Scott
Bought by
Phipps Vaughn Pago
Seller's Agent
Mark Hite
Keller Williams Realty
Buyer's Agent
Mark Hite
Keller Williams Realty
List Price
$129,900
Sold Price
$112,500
Premium/Discount to List
-$17,400
-13.39%
Current Estimated Value
$297,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,852
Avg. Annual Appreciation
7.55%
Original Mortgage
$110,461
Outstanding Balance
$16,380
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$280,972
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
Phipps Vaughn Pago $112,500 Title Guaranty & Trust Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Vaughn Pago $110,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $112,500 -13.4% $45 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $129,900 -- $52 / 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 $752 $33,600 $0 $0
2023 $752 $33,600 $0 $0
2022 $752 $33,600 $0 $0
2021 $752 $33,600 $0 $0
2020 $812 $29,350 $0 $0
2019 $812 $29,350 $0 $0
2018 $1,196 $46,960 $0 $0
2017 $1,299 $46,960 $0 $0
2016 $1,255 $0 $0 $0
2015 $2,419 $45,400 $0 $0
2014 $2,419 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1176837

Greater Chattanooga REALTORS®

APN: 157L-A-020