NOT LISTED FOR SALE

650 Railroad St NE Cleveland, TN 37311

Estimated Value: $141,160 - $172,000

-- Bed
4 Baths
1,144 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 01, 2023

Last sale price $170,000 $149 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $930/month

Highlights

  • Creek or Stream View
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of April 2023

Comps only

Last Agent to Sell the Property

Asher Black

Keller Williams Realty License #359562 Listed on: 04/01/2023

Keller Williams Realty

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1966

Lot Details

  • 0.29

Home Design

  • Quadruplex
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Creek or Stream Views
  • Unfinished Basement

Schools

  • Arnold Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 049m L 022.00 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$592

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: .
  • Subdivision Name: None
  • Directions: Comps only
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1144.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Location Tax and Legal Parcel Number2: 049m L 022.00 000
  • Location Tax and Legal Elementary School: Arnold Elementary
  • Location Tax and Legal High School: Cleveland High
  • 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: .
  • General Property Information View YN2: Yes
  • 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
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Location Tax and Legal Middle or Junior School: Cleveland Middle
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • View CreekStream2: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Unfinished: Yes
  • Community Features:None4: Yes

Exterior Features

  • View: Creek/Stream
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Block
  • Roof: Metal
  • ConstructionSiding:Roof Metal: 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
  • Heating Yn: Yes
  • 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: Arnold Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Parcel #: 049m L 022.00 000

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 12.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Mar 31, 2023
Sold by
Smith Daniel and Smith Latane
Bought by
Dsip Llp
Seller's Agent
Asher Black
Keller Williams Realty
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$159,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,947
Avg. Annual Appreciation
-1.19%
Original Mortgage
$195,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2022
Sold by
Lee Brewer Jeff
Bought by
Smith Daniel L and Smith Latane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 7, 2020
Sold by
Brewer David and Brewer Susan
Bought by
Brewer Jeff

Purchase Details

Closed on
Jan 24, 2001
Sold by
Fine Homes Inc
Bought by
Mathews David
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
Dsip Llp $145,000 Foothills Title
Smith Daniel L $125,000 Cleveland Abstract & Title
Brewer Jeff $10,000 None Available
Mathews David $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsip Llp $232,000
Closed Dsip Llp $195,000
Previous Owner Smith Daniel L $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2023 04/01/23 Sold $170,000 0.0% $149 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $170,000 -- $149 / 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 $592 $41,120 $2,520 $38,600
2023 $1,296 $41,120 $2,520 $38,600
2022 $1,296 $41,120 $2,520 $38,600
2021 $594 $18,840 $0 $0
2020 $1,100 $18,840 $0 $0
2019 $1,100 $28,640 $0 $0
2018 $1,180 $0 $0 $0
2017 $590 $0 $0 $0
2016 $669 $0 $0 $0
2015 $669 $0 $0 $0
2014 $344 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1371334

Greater Chattanooga REALTORS®

APN: 049M-L-022.00