Buyer's Agent in 2021
Drew Carey
EXP Realty LLC
(423) 618-3739
49 in this area
1,055 Total Sales
741 S Germantown Cir Chattanooga, TN 37412
Estimated Value: $262,945 - $361,000
--
Bed
2
Baths
2,170
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling Available
- Central Heating
About This Home
As of May 2022Here is your opportunity to own an excellent investment property! Whether you are looking to purchase your first rental property or expand your portfolio this is the ideal purchase for you. Just minutes away from downtown Chattanooga. This duplex has been very well maintained over the years, is brick and both HVAC systems as well as the roof are only 5 years old. Each side features 2 large bedrooms, 1 and a half bathrooms, a spacious living room, an eat-in kitchen, refrigerator, stove/oven, laundry hookups, extra storage space, individual driveways, and fenced in backyards.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,243
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 123x125.96
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,170 Sq Ft Home
- Property has 3 Levels
Schools
- East Ridge Elementary School
- East Ridge Middle School
- East Ridge High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 156M G 013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2022
Closed on
May 12, 2022
Sold by
Steele Derek B and Brunjak Maggie
Bought by
Olive Trust
List Price
$250,000
Sold Price
$286,000
Premium/Discount to List
$36,000
14.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,986
Avg. Annual Appreciation
1.97%
Purchase Details
Listed on
Aug 4, 2021
Closed on
Aug 24, 2021
Sold by
Nerellapalli Praveen Reddy
Bought by
Steele Derek B and Steele Maggie Brunjak
Buyer's Agent
Drew Carey
EXP Realty LLC
List Price
$200,000
Sold Price
$227,500
Premium/Discount to List
$27,500
13.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%
Purchase Details
Closed on
Mar 27, 2018
Sold by
Kunka Brain Durand
Bought by
Nerellapalli Praveen Reddy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,125
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2002
Sold by
Newell Diane E and Lerch Diane
Bought by
Newell Diane E and Diane E Newell Living Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olive Trust | $286,000 | Foothills Title | |
| Steele Derek B | $227,500 | Foothills Title Services Inc | |
| Nerellapalli Praveen Reddy | $145,500 | Aliance Title Llc | |
| Newell Diane E | -- | Milligan Reynolds Guaranty T |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nerellapalli Praveen Reddy | $109,125 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2022 05/12/22 | Sold | $286,000 | +14.4% | $132 / Sq Ft | |
| 03/27/2022 03/27/22 | Pending | -- | -- | -- | |
| 03/21/2022 03/21/22 | For Sale | $250,000 | +9.9% | $115 / Sq Ft | |
| 08/27/2021 08/27/21 | Sold | $227,500 | +13.8% | $105 / Sq Ft | View Prior Sale |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- | |
| 08/04/2021 08/04/21 | For Sale | $200,000 | -- | $92 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,060 | $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
-
Drew Carey
Map
Source: Realtracs
MLS Number: 2918568
APN: 156M-G-013
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