NOT LISTED FOR SALE

724 Marley Way Chattanooga, TN 37412

Estimated Value: $260,000 - $343,000

-- Bed
2 Baths
1,938 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $37,500 $19 Per Sq Ft

Est. 694% increase in value since last sale

Current estimated payment $1,672/month

2 Days on Market

Highlights

  • No HOA
  • Gentle Sloping Lot
  • No Heating
  • Brick Exterior Construction

About This Home

As of May 2012

Good investment property. Sellers live out of town, and have been unable to complete renovations needed for the property. Sellers are motivated and are selling for less than their purchase price in 2011. Seller nor the listing agent make any warranties on property. Square footage and lot size is per tax records.

Last Agent to Sell the Property

Becky Lockwood

Coldwell Banker Pryor Realty Listed on: 04/25/2012

Last Buyer's Agent

Yadi Rosales

Coldwell Banker Pryor Realty License #323074

Coldwell Banker Pryor Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 157P D 010.02

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 77.1 X 161.8 IRR
  • Subdivision Name: None
  • Directions: I-24 West to Exit 183A, Belvoir Avenue/Germantown Road, merge onto N. Terrace. Turn left onto Belvoir Avenue, turn right onto Fountain Avenue, turn right onto Marley Way. Property on right, look for sign.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1938.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Location Tax and Legal Parcel Number2: 157P D 010.02
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1959.0
  • 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: 77.1 X 161.8 IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • General Property Information Stories2: 2
  • Cooling:None5: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Sewer Connected
  • Heating:None13: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Parcel #: 157P D 010.02

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1959.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Orellana Israel Amulfo
Bought by
Rosas Candace and Rosas Sergio
Current Estimated Value
$297,826

Purchase Details

Listed on
Apr 25, 2012
Closed on
May 10, 2012
Sold by
Third Base Investments Llc
Bought by
Orellana Israel Arnulfo
Seller's Agent
Becky Lockwood
Coldwell Banker Pryor Realty
Buyer's Agent
Yadi Rosales
Coldwell Banker Pryor Realty
List Price
$44,900
Sold Price
$37,500
Premium/Discount to List
-$7,400
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Fannie Mae
Bought by
Third Base Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,375
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2010
Sold by
Ladagana Michael G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2008
Sold by
Lazarevic Dragan
Bought by
Ladagana Michael G

Purchase Details

Closed on
Oct 26, 2007
Sold by
Eddie D Moore Enterprises Llc
Bought by
Countrywide Consultants Llc

Purchase Details

Closed on
Sep 11, 2007
Sold by
Moore Eddie D
Bought by
Eddie D Moore Enterprises Llc

Purchase Details

Closed on
Apr 1, 2005
Sold by
Gonser James G
Bought by
Moore Eddie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1999
Sold by
Fields Harry L and Fields Sarah M
Bought by
Gonser James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
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
Rosas Candace $155,000 Title Services Of Tennessee
Orellana Israel Arnulfo $37,500 None Available
Third Base Investment Llc $52,500 Reliable Title & Escrow Llc
Federal National Mortgage Association $105,353 None Available
Ladagana Michael G $130,000 Warranty Title Ins Co Inc
Countrywide Consultants Llc $389,000 Century Title & Escrow Inc
Eddie D Moore Enterprises Llc -- None Available
Moore Eddie D $390,000 Legal Title
Gonser James G $96,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Third Base Investment Llc $39,375
Previous Owner Moore Eddie D $312,000
Previous Owner Gonser James G $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $37,500 -16.5% $19 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $44,900 -- $23 / 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 $1,316 $58,800 $0 $0
2023 $2,069 $58,800 $0 $0
2022 $2,069 $58,800 $0 $0
2021 $2,369 $58,800 $0 $0
2020 $2,243 $46,920 $0 $0
2019 $2,243 $46,920 $0 $0
2018 $2,243 $46,920 $0 $0
2017 $2,243 $46,920 $0 $0
2016 $2,002 $0 $0 $0
2015 $2,002 $40,200 $0 $0
2014 $2,002 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1177702

Greater Chattanooga REALTORS®

APN: 157P-D-010.02