NOT LISTED FOR SALE

7342 Valley Ln Hixson, TN 37343

Estimated Value: $373,000 - $438,000

Studio
3 Baths
2,912 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $410,000 $141 Per Sq Ft

Current estimated payment $2,324/month

11 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Deck
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of September 2024

Unique opportunity to own this rare beautiful duplex sitting on an acre of land on a very quiet cul-de-sac. No one would ever imagine it was duplex, as it has one front door and looks like a beautiful single family home. Originally built as a duplex but for the purpose of having a multi generational home. As you walk through the front door you will find a small foyer with two doors one for each side. As you enter to the right you will find a huge living room area with beautiful hardwood floors throughout the whole house, a separate dining room with French doors to the back screened patio, a very wide and ample dine-in kitchen with tiled floors, there are 2 huge bedrooms, the master with a nice bathroom w/shower, there's lots of storage as well. As you go downstairs to the basement, you will find a beautiful fireplace, all tiled floors, wet bar full bathroom, laundry and French doors to a cozy well landscaped patio, this space may also be used as a 3rd bedroom, on the right is a huge 2 car garage with plenty of room for all the storage imaginable. The left side duplex also has a large living room, eat in kitchen with lots of cabinets, French doors leading to a screened porch plus two large bedrooms with great closets and large bathroom with loads of storage. There is a one car garage, all level and laundry area. All this and beautiful landscaping. Both units rented with great tenants. Contact me for more details. Cannot be shown until it is under contract. Owner/Agent
PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Maria Chavez

Nest Chattanooga Real Estate & Management, LLC License #318599 Listed on: 08/02/2024

Nest Chattanooga Real Estate & Management, LLC

Last Buyer's Agent

Gina Shumway

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 141.36x207.15
  • Cul-De-Sac
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Basement Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Luxury Vinyl Tile Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Outdoor Features

  • Deck
  • Patio

Schools

  • Middle Valley Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 083i A 025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $38,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,371

Year Built

Built in 1975

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 141.36X207.15
  • Subdivision Name: None
  • Directions: US 27 N to Thrasher Pike, right on Thrasher to Middle Valley Rd right, then right on Valley Ln to the end of the road, duplex on the right of cul-de-sac
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 2912.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 083i A 025
  • Location Tax and Legal Elementary School: Middle Valley Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1371.12
  • 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: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 141.36X207.15
  • 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
  • Remarks and Miscellaneous Public Remarks2: Unique opportunity to own this rare beautiful duplex sitting on an acre of land on a very quiet cul-de-sac. No one would ever imagine it was duplex, as it has one front door and looks like a beautiful single family home. Originally built as a duplex but for the purpose of having a multi generational home. As you walk through the front door you will find a small foyer with two doors one for each side. As you enter to the right you will find a huge living room area with beautiful hardwood floors throughout the whole house, a separate dining room with French doors to the back screened patio, a very wide and ample dine-in kitchen with tiled floors, there are 2 huge bedrooms, the master with a nice bathroom w/shower, there's lots of storage as well. As you go downstairs to the basement, you will find a beautiful fireplace, all tiled floors, wet bar full bathroom, laundry and French doors to a cozy well landscaped patio, this space may also be used as a 3rd bedroom, on the right is a huge 2 car garage with plenty of room for all the storage imaginable. The left side duplex also has a large living room, eat in kitchen with lots of cabinets, French doors leading to a screened porch plus two large bedrooms with great closets and large bathroom with loads of storage. There is a one car garage, all level and laundry area. All this and beautiful landscaping. Both units rented with great tenants. Contact me for more details. Cannot be shown until it is under contract. Owner/Agent PLEASE DO NOT DISTURB TENANTS
  • General Property Information Carport Spaces2: 1.0
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Hixson Middle
  • General Property Information Stories2: 1
  • Flooring Luxury Vinyl: Yes
  • Parking Features Kitchen Level2: Yes
  • Levels:One and One Half: Yes
  • Flooring Plank: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Owner Pays:Water3: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Water
  • Has Basement: Finished
  • Basement YN: Yes
  • Fireplace: No
  • Flooring: Luxury Vinyl, Plank
  • Interior Amenities: Eat-in Kitchen, Storage
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Gentle Sloping
  • View: No
  • Waterfront: No
  • 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:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Basement, Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: 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: Middle Valley Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 083i A 025

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38136.0

Tax Info

  • Tax Annual Amount: 1371.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 6, 2024
Sold by
Chavez Maria A and Chavez Angel M
Bought by
Engeman Kimberly
Seller's Agent
Maria Chavez
Nest Chattanooga Real Estate & Management, LLC
Buyer's Agent
Gina Shumway
Keller Williams Realty
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Views
7
Current Estimated Value
$408,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,391
Avg. Annual Appreciation
-0.22%
Original Mortgage
$295,408
Outstanding Balance
$291,462
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$117,147

Purchase Details

Closed on
Jan 26, 2021
Sold by
Eberie Peter G
Bought by
Chavez Angel M and Chavez Maria A

Purchase Details

Closed on
Jul 1, 2020
Sold by
Eberle Peter G and Estate Of Susan K Hofbauer
Bought by
Eberle Peter G

Purchase Details

Closed on
Sep 1, 2000
Sold by
Rogers Jo Anna L Tr
Bought by
Hofbauer Rolf and Hofbauer Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 30, 2000
Sold by
Smith Jack D
Bought by
Rogers Jo Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Engeman Kimberly $410,000 Reli Settlement Solutions
Chavez Angel M $170,000 Alliance Title Llc
Eberle Peter G -- None Available
Hofbauer Rolf $86,500 Pioneer Title Agency Inc
Rogers Jo Anna L -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engeman Kimberly $295,408
Previous Owner Hofbauer Rolf $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $410,000 -4.7% $141 / Sq Ft
08/02/2024 08/02/24 For Sale $430,000 -- $148 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $2,376 $156,760 $0 $0
2024 $1,353 $60,480 $0 $0
2023 $1,371 $60,480 $0 $0
2022 $1,371 $60,480 $0 $0
2021 $1,371 $60,480 $0 $0
2020 $839 $29,675 $0 $0
2019 $839 $29,675 $0 $0
2018 $839 $29,675 $0 $0
2017 $839 $29,675 $0 $0
2016 $790 $0 $0 $0
2015 $790 $27,925 $0 $0
2014 $790 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1396783

Greater Chattanooga REALTORS®

APN: 083I-A-025

Your Personal Tour Guide

Ask me questions while you tour the home.