NOT LISTED FOR SALE

Estimated Value: $543,000 - $763,904

-- Bed
3 Baths
3,038 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $599,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,953/month

121 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Fireplace
  • Deck
  • Formal Dining Room
  • Brick Exterior Construction

About This Home

As of June 2021

Take the Virtual Tour under the Photos Tab to see every square inch of the property! Historic Triplex on Forest Ave within walking distance to North Shore. Bottom unit was short term vacation rental and is fully furnished. This 1,500 SF unit includes a laundry room, kitchen, formal dining room, office, and living area, fireplace, 2 porches and is currently rented long term for $1,500 a month. The Two upstairs units are 1 bedroom 1 bath and total 775 SF each. Each rents for $900 a month. The property has fantastic storage in the unfinished full basement and features off street covered parking for tenants in rear. Could be converted to a single family home on Forest Ave. Owner/Agent

Last Agent to Sell the Property

Matthew Henley

Crye-Leike, REALTORS License #326455 Listed on: 12/21/2020

Crye-Leike, REALTORS

Last Buyer's Agent

Susan Stout

Coldwell Banker Pryor Realty License #330585

Coldwell Banker Pryor Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,408

Year Built

  • Built in 1933

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50.75x214.6
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,038 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Living Room
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Stove
  • Unfinished Basement

Parking

  • 2 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 135d J 028

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Frazier Addn #3 Subdivision

Building Details

  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,408

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 50.75X214.6
  • Subdivision Name: Frazier Addn #3
  • Directions: From Fraizer Ave, Turn on to Forest Ave and travel to top of the Hill. Property located on the right as you travel away from downtown.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3038.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1933
  • Owner Pays:Sewer2: Yes
  • Location Tax and Legal Parcel Number2: 135d J 028
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 6407.63
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 50.75X214.6
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Location Tax and Legal Middle or Junior School: Normal Park Upper
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Separate Dining2: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: Yes
  • Owner Pays:Water3: Yes
  • Roof:Tile4: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Storage
  • Basement:Unfinished: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 135d J 028
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39600.0

Tax Info

  • Tax Annual Amount: 6407.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Smith David B
Bought by
Brother Trucker Corporation
Current Estimated Value
$684,726

Purchase Details

Listed on
Dec 21, 2020
Closed on
Jun 4, 2021
Sold by
Henley Matthew Thomas and Henley Chelsea Dawn
Bought by
Smith Tempe and Smith David B
Seller's Agent
Matthew Henley
Crye-Leike, REALTORS
Buyer's Agent
Susan Stout
Coldwell Banker Pryor Realty
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$480,300
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 28, 2015
Closed on
Aug 28, 2015
Sold by
Platinum Group South
Bought by
Henley Matthew Thomas and Henley Chelsea Dawn
Seller's Agent
Iris Rodger
Keller Williams Realty
Buyer's Agent
Trish Johnson
Keller Williams Realty
List Price
$350,000
Sold Price
$318,000
Premium/Discount to List
-$32,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$231,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2013
Sold by
Bowman Nicholas E and Kelly Bryan D
Bought by
Platinum Group South

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,166
Interest Rate
3.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 7, 2011
Sold by
Proctor Daniel S
Bought by
Bowman Nicholas E and Kelly Bryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Wendt Laura Beth and Wendt David J
Bought by
Bowman Nicholas E and Kelly Bryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Northshore Land Co Llc
Bought by
Swicegood Lloyd W and Swicegood Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Langley Thomas M and Langley Beverly P
Bought by
Northshore Land Co Llc

Purchase Details

Closed on
Feb 3, 2003
Sold by
Cotter William J and Cotter Michael P
Bought by
Langley Thomas M and Langley Beverly P
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
Brother Trucker Corporation -- First Choice Title
Smith David B -- First Choice Title
Smith Tempe $599,000 First Choice Title Inc
Henley Matthew Thomas $318,000 Rlty Title & Escrow Svcs Inc
Platinum Group South -- Cumberland Title & Guaranty
Bowman Nicholas E -- Title Guaranty & Trust Co
Bowman Nicholas E $237,000 Title Guaranty & Trust Co
Swicegood Lloyd W $420,000 Title Guaranty
Northshore Land Co Llc -- --
Langley Thomas M $289,850 --
Cotter William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Tempe $480,300
Previous Owner Henley Matthew Thomas $231,000
Previous Owner Kelly Bryan C $473,166
Previous Owner Bowman Nicholas E $177,750
Previous Owner Swicegood Lloyd W $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $599,000 0.0% $197 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $599,000 +88.4% $197 / Sq Ft
08/28/2015 08/28/15 Sold $318,000 -9.1% $89 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $350,000 -- $98 / 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 $3,016 $134,800 $0 $0
2023 $3,016 $134,800 $0 $0
2022 $3,016 $134,800 $0 $0
2021 $6,383 $134,800 $0 $0
2020 $6,712 $127,080 $0 $0
2019 $6,685 $127,080 $0 $0
2018 $3,147 $127,080 $0 $0
2017 $3,124 $127,080 $0 $0
2016 $1,515 $0 $0 $0
2015 $3,011 $54,800 $0 $0
2014 $3,011 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1328824

Greater Chattanooga REALTORS®

APN: 135D-J-028