NOT LISTED FOR SALE

Estimated Value: $209,061 - $300,000

8 Beds
2 Baths
1,600 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $215,000 $134 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,632/month

62 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of November 2021

Occupied duplex in a prime Hixson location! Very convenient to the bus stop, shopping and dining of Hixson and Northgate Mall. Low maintenance all brick duplex. Brand new HVAC units on both sides! The roof is only 5 years old! Side A has hardwood floors and ceramic tile. Side B has hardwood floors under the laminate floors, and ceramic tile in the kitchen and bathroom. Long term tenants are currently paying below market value ($575 & $600). Market value of rent in the area is closer to $800 per month for each side. Seller has not raised the rent due to long term tenants. Do not disturb tenants- interior showings to occur after signed contract is in place.

Last Agent to Sell the Property

Iris Rodger

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4235047507 License #304956 Listed on: 08/24/2021

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 81.9x141

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,175
  • Assessor Parcel Number 099M B 011

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ford Place Rev Subdivision

Building Details

  • Gross Income $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,690

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1960
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4235047507
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 8
  • Building Area Units: Square Feet
  • Living Area: 1600
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 81.9X141
  • Lot Size Units: Acres
  • Parcel #: 099M B 011
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14100
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1175

Tax Info

  • Tax Annual Amount: 1690

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 1, 2021
Sold by
Garovi Laura Leap and Garovi Alexander Johann
Bought by
Bq Tennessee Llc
Seller's Agent
Iris Rodger
Greater Downtown Realty dba Keller Williams Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Total Days on Market
62
Current Estimated Value
$278,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,514
Avg. Annual Appreciation
9.16%
Original Mortgage
$161,250
Outstanding Balance
$149,274
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$148,320

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 22, 2021
Sold by
Nguyen Chuong and Tran Honghahn
Bought by
Garovi Laura Leap and Garovi Alexander Johann
Seller's Agent
Iris Rodger
Greater Downtown Realty dba Keller Williams Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$149,274
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$148,320

Purchase Details

Closed on
Jan 18, 2009
Sold by
Suntrust Bank
Bought by
Nguyen Chuong and Tran Honghahn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bq Tennessee Llc -- None Available
Garovi Laura Leap $215,000 Bridge City Title Downtown
Nguyen Chuong $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garovi Laura Leap $161,250
Previous Owner Tran Kelly H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $215,000 -4.4% $134 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $225,000 -- $141 / Sq Ft
Source: Realtracs

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 $1,128 $50,400 $0 $0
2023 $1,128 $50,400 $0 $0
2022 $1,128 $50,400 $0 $0
2021 $1,128 $50,400 $0 $0
2020 $927 $33,520 $0 $0
2019 $927 $33,520 $0 $0
2018 $890 $33,520 $0 $0
2017 $927 $33,520 $0 $0
2016 $888 $0 $0 $0
2015 $1,745 $32,120 $0 $0
2014 $1,745 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2344105

Realtracs

APN: 099M-B-011