NOT LISTED FOR SALE

7118 Shepherd View Cir Chattanooga, TN 37421

Tyner Neighborhood

Estimated Value: $223,070 - $343,000

-- Bed
2 Baths
1,734 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $236,000 $136 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,732/month

3 Days on Market

Highlights

  • Waterfront
  • Creek or Stream View
  • No HOA
  • 22,225 Acre Lot
  • Deck
  • Cul-De-Sac

About This Home

As of March 2022

Here's a chance to own an income producing property in a fantastic Chattanooga area with a one of a kind setting, accessing the Friar Branch Creek system! You and/or your tenants will enjoy a large back yard with front porches and rear patios. The brick trimmed structure with fresh paint lend for a cozy feeling upon entering the units. Side A is ready for occupancy, newer a/c, wood-look flooring and tiled wet area. Smart floor plan has a laundry room behind the large eat in kitchen, plenty of storage closets and the roomy bedrooms share a nice full bath. A French drain system protects the home. Unit B occupant is currently on a month to month lease. (landlord has not raised his rent in years). Please see the floor plan uploaded to the listing for the unit's layout. Unit B could use updates Whether you are looking for a home to live in and collect rent at the same time or are looking to invest, this property is a winner in any arena! Hurry, this opportunity will not last!

Last Agent to Sell the Property

Patricia Peddicord

Lookout Real Estate LLC License #387370 Listed on: 02/11/2022

Last Buyer's Agent

Tate Trentham

Coldwell Banker Kinard Commercial License #338025

Coldwell Banker Kinard Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1965

Lot Details

  • 22,225 Acre Lot
  • Lot Dimensions are 175x127
  • Waterfront
  • Cul-De-Sac

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Creek or Stream Views
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Flood Insurance May Be Required

Schools

  • Bess T. Shepherd Elementary School
  • Tyner Middle Academy
  • Tyner Academy High School

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling

Listing and Financial Details

  • Assessor Parcel Number 139i J 022

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tyner Hills Subdivision

Building Details

  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,583

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 22225.0
  • Lot Size: 175X127
  • Subdivision Name: Tyner Hills
  • Directions: Take Lee Hwy toward Bonny Oaks Drive, go left onto Tyner Rd., then a left onto Shepherd View Dr.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1734.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 139i J 022
  • Location Tax and Legal Elementary School: Bess T. Shepherd Elementary
  • Location Tax and Legal High School: Tyner Academy
  • Location Tax and Legal:Tax Annual Amount: 1583.25
  • 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 Acres: 22225.0
  • General Property Information Lot Size Square Feet2: 968121000.0
  • General Property Information Lot Size Dimensions: 175X127
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Tyner Middle Academy
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • View:Water2: Yes
  • Parking Features Kitchen Level2: Yes
  • View CreekStream2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Creek/Stream, Water
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Flood Insurance May Be Required
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Central
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Ceiling: Yes
  • 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: Bess T. Shepherd Elementary
  • High School: Tyner Academy
  • Middle Or Junior School: Tyner Middle Academy

Lot Info

  • Lot Size Sq Ft: 968121000.0
  • Parcel #: 139i J 022
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 8400.0

Tax Info

  • Tax Annual Amount: 1583.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 24, 2022
Sold by
Halfacre Jeremy M
Bought by
Craig Patrick Michael
Seller's Agent
Patricia Peddicord
Lookout Real Estate LLC
Buyer's Agent
Tate Trentham
Coldwell Banker Kinard Commercial
List Price
$229,000
Sold Price
$236,000
Premium/Discount to List
$7,000
3.06%
Current Estimated Value
$304,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,723
Avg. Annual Appreciation
5.23%
Original Mortgage
$231,725
Outstanding Balance
$219,122
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$61,386

Purchase Details

Listed on
Apr 27, 2018
Closed on
Nov 19, 2018
Sold by
Wildeat Properties Llc
Bought by
Halfcare Jeremy M and Halfcare Morgan
Seller's Agent
Jamie Glenn
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Jason Perdue
Keller Williams Realty
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.59%
Original Mortgage
$80,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 17, 2014
Sold by
Shepherd View Cir Llc
Bought by
Wildcat Properties Llc
Seller's Agent
Donna Darnes
Crye-Leike REALTORS
Buyer's Agent
Iris Greer
Realty Executives Associates
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Goggin Shirley L and Goggin Irvin Ray
Bought by
Shepherd View Circle Llc

Purchase Details

Closed on
May 20, 2013
Sold by
Goggin Irvin R and Goggin Irvin R
Bought by
Goggin Irvin R and Goggin Shirley L

Purchase Details

Closed on
Dec 23, 2003
Sold by
U S Bank Na
Bought by
Lundgren Robert
Source: Public Records

Range of Values:

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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
Craig Patrick Michael $236,000 Team Title
Halfcare Jeremy M $110,000 First Title
Wildcat Properties Llc $347,500 Rlty Title & Escrow Svcs Inc
Shepherd View Circle Llc -- First Title Shepherd View
Goggin Irvin R -- None Available
Lundgren Robert $62,000 Associates Closing & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Patrick Michael $231,725
Previous Owner Halfcare Jeremy M $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $236,000 +3.1% $136 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $229,000 +108.2% $132 / Sq Ft
11/19/2018 11/19/18 Sold $110,000 -8.3% $63 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $120,000 +60.0% $69 / Sq Ft
09/30/2014 09/30/14 Sold $75,000 -28.6% $42 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/18/2013 07/18/13 For Sale $105,000 -- $59 / 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 $755 $33,750 $0 $0
2023 $755 $33,750 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $868 $31,400 $0 $0
2019 $868 $31,400 $0 $0
2018 $841 $31,400 $0 $0
2017 $868 $31,400 $0 $0
2016 $866 $0 $0 $0
2015 $1,704 $31,320 $0 $0
2014 $1,704 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1349770

Greater Chattanooga REALTORS®

APN: 139I-J-022