NOT LISTED FOR SALE

Estimated Value: $120,000 - $192,000

3 Beds
1.5 Baths
1,248 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $102,500 $82 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $833/month

Highlights

  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Bathtub with Shower
  • No HOA
  • Eat-In Kitchen
  • Living Room

About This Home

As of December 2023

Outstanding Investment Opportunity! This property is strategically located in a highly desirable area, offering unparalleled convenience to all essentials. Just minutes from downtown, hospitals, shopping, and dining, its central location is a prime asset.
Currently, the property is generating rental income of $900 per month, making it a solid income-producing investment from day one. However, its true potential lies in its value-added opportunities for both equity growth and increased monthly rent.
Please respect the privacy of our valued tenants. Showings are available after an accepted contract, ensuring a seamless process for all parties involved. Don't miss your chance to explore this lucrative investment - seize the opportunity today!

Last Agent to Sell the Property

David Hanson

EXP Realty, LLC License #338923 Listed on: 10/20/2023

EXP Realty, LLC

Last Buyer's Agent

Chanda Strickland

Best Realty of Chattanooga LLC License #286821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $693

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Living Room
  • Utility Room
  • Vinyl Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 147j N 010.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$693

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 50X125
  • Subdivision Name: Sylvan Hills
  • Directions: Shallowford to Gillespie, East Ave to Sylvan.
  • Architectural Style: Split Foyer
  • Carport Y N: No
  • Garage Yn: No
  • Living Area: 1248.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1975
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 147j N 010.01
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal Middle Or Junior School2: Dalewood Middle
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 693.29
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Dimensions: 50X125
  • 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
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style Split Foyer: Yes
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs, Tub/shower Combo
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: 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

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels: No
  • Parcel #: 147j N 010.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 693.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 1, 2023
Sold by
Carry On Llc
Bought by
Farlett Stephen and Farlett Andrew
Seller's Agent
David Hanson
EXP Realty, LLC
Buyer's Agent
Chanda Strickland
Best Realty of Chattanooga LLC
List Price
$100,000
Sold Price
$102,500
Premium/Discount to List
$2,500
2.5%
Views
28
Current Estimated Value
$147,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,293
Avg. Annual Appreciation
21.43%
Original Mortgage
$76,875
Outstanding Balance
$75,730
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$68,251

Purchase Details

Closed on
Nov 23, 2015
Sold by
Nelson William
Bought by
Graham Garfield and Atherley Ward Allison

Purchase Details

Listed on
Oct 11, 2012
Closed on
Jan 15, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nelson William
Seller's Agent
Bill Hixson
Hixson & Company Real Estate, LLC
Buyer's Agent
Brandy Davis
Crye-Leike, REALTORS
List Price
$19,900
Sold Price
$7,100
Premium/Discount to List
-$12,800
-64.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.00%

Purchase Details

Closed on
May 21, 2012
Sold by
Jones Leander
Bought by
Pioneer Title Agency Inc

Purchase Details

Closed on
Aug 22, 2001
Sold by
Coleman Leonard
Bought by
Jones Leander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.85%

Purchase Details

Closed on
May 28, 1996
Sold by
Harris T A
Bought by
Coleman Leonard
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
Farlett Stephen $102,500 Hon & Kopet Title
Graham Garfield $16,200 Title Svcs Of Tennessee Inc
Nelson William $7,100 None Available
Pioneer Title Agency Inc $11,600 None Available
Jones Leander $60,000 --
Coleman Leonard $18,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farlett Stephen $76,875
Previous Owner Nelson William $10,000
Previous Owner Jones Leander $58,500
Previous Owner Jones Leander $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $102,500 +2.5% $82 / Sq Ft
10/25/2023 10/25/23 Off Market $100,000 -- --
10/20/2023 10/20/23 For Sale $100,000 0.0% $80 / Sq Ft
10/12/2023 10/12/23 Off Market $100,000 -- --
10/11/2023 10/11/23 For Sale $100,000 0.0% $80 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $100,000 +1308.5% $80 / Sq Ft
01/28/2013 01/28/13 Sold $7,100 -64.3% $8 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $19,900 -- $21 / 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 $346 $15,450 $0 $0
2023 $346 $15,450 $0 $0
2022 $346 $15,450 $0 $0
2021 $346 $15,450 $0 $0
2020 $265 $9,600 $0 $0
2019 $265 $9,600 $0 $0
2018 $345 $9,600 $0 $0
2017 $265 $9,600 $0 $0
2016 $245 $0 $0 $0
2015 $566 $8,875 $0 $0
2014 $566 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1380819

Greater Chattanooga REALTORS®

APN: 147J-N-010.01