NOT LISTED FOR SALE

Estimated Value: $262,147 - $435,000

-- Bed
3 Baths
2,242 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $116,000 $52 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,743/month

81 Days on Market

Highlights

  • Wooded Lot
  • Den
  • Outdoor Storage
  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System

About This Home

As of March 2014

Great duplex on corner lot: Great investment property!!! This duplex is located in the Hixson area just minutes from all the Northgate area has to offer. Great income producer. Hurry won't last long at this price!

Last Agent to Sell the Property

Gina Brewer

Berkshire Hathaway HomeServices Realty Center Listed on: 11/21/2013

Last Buyer's Agent

Karen Ramsey

Crye-Leike, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Den
  • Stove

Outdoor Features

  • Outdoor Storage

Schools

  • Hixson Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 099-D-C00206

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lake Forest Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 156.8 X 153.8 IRR
  • Subdivision Name: Lake Forest
  • Directions: North on 153, left on Grubb, left on Moody Saw, right on Taggert, right on Forest Ridge, left on Jana lane duplex on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2242.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Location Tax and Legal Parcel Number2: 099-D-C00206
  • Location Tax and Legal Elementary School: Hixson Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1008.0
  • 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: 156.8 X 153.8 IRR
  • 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
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Hixson Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Den3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Lot Features: Gentle Sloping, Level, Sloped, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Storage: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Multi Units
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hixson Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Parcel #: 099-D-C00206

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 1008.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Mar 20, 2014
Sold by
Porter Raymond L and Porter Susan I
Bought by
Lemons John M and Lemons Ashley N
Seller's Agent
Gina Brewer
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Karen Ramsey
Crye-Leike, REALTORS
List Price
$119,000
Sold Price
$116,000
Premium/Discount to List
-$3,000
-2.52%
Current Estimated Value
$316,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,037
Avg. Annual Appreciation
9.07%
Original Mortgage
$113,898
Outstanding Balance
$86,002
Interest Rate
4.24%
Mortgage Type
FHA
Estimated Equity
$230,035

Purchase Details

Closed on
Sep 21, 2001
Sold by
Khrs Llc
Bought by
Porter Raymond L and Porter Susan I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1996
Sold by
H & S Llc
Bought by
Khrs Llc

Purchase Details

Closed on
Jul 22, 1996
Sold by
Helton Kim Lamar and Scire Robert
Bought by
H & S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Campbell Dorothy V
Bought by
Helton Kim Lamar and Scire Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
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
Lemons John M $116,000 Rlty Ctr Title & Escrow Llc
Porter Raymond L $93,000 --
Khrs Llc -- --
H & S Llc -- --
Helton Kim Lamar $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemons John M $113,898
Previous Owner Porter Raymond L $83,700
Previous Owner Helton Kim Lamar $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $116,000 -2.5% $52 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $119,000 -- $53 / 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 $799 $35,700 $0 $0
2023 $799 $35,700 $0 $0
2022 $799 $35,700 $0 $0
2021 $799 $35,700 $0 $0
2020 $748 $27,050 $0 $0
2019 $748 $27,050 $0 $0
2018 $1,112 $43,280 $0 $0
2017 $1,197 $43,280 $0 $0
2016 $1,158 $0 $0 $0
2015 $2,240 $41,880 $0 $0
2014 $2,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1203594

Greater Chattanooga REALTORS®

APN: 099D-C-002.06