NOT LISTED FOR SALE

Estimated Value: $200,000 - $293,000

-- Bed
2 Baths
1,728 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $94,000 $54 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,459/month

3 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating

About This Home

As of February 2018

Great Investment Opportunity! This is being sold as a package that includes 7612 Noah Reid Rd for $200,000. This is located just minutes to Downtown Chattanooga.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1986

Lot Details

  • 1

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 3 Levels

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 129N G 023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $12,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,668

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1728
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 90x194M
  • Lot Size Units: Acres
  • Parcel #: 129N G 023
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 12780
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1668

MLS Schools

  • Elementary School: Bess T Shepherd Elementary School
  • High School: Tyner Academy
  • Middle Or Junior School: Tyner Middle Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Mmsm Llc
Bought by
Miller David Jim
Total Days on Market
3
Current Estimated Value
$249,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$200,046
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$58,508

Purchase Details

Closed on
May 26, 2022
Sold by
Berro Mitchell T
Bought by
Mmsm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$200,046
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$58,508

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 5, 2018
Sold by
Calvin Payne Co Llc
Bought by
Berro Mitchell T
List Price
$100,000
Sold Price
$94,000
Premium/Discount to List
-$6,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$598,500
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2012
Sold by
Payne Calvin P and Payne Calvin P
Bought by
Calvin Payne Company Llc
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
Miller David Jim $255,000 None Listed On Document
Mmsm Llc $658,000 None Listed On Document
Berro Mitchell T $658,000 Title Guaranty & Trust Co
Calvin Payne Company Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David Jim $204,000
Previous Owner Berro Mitchell T $598,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $94,000 -6.0% $54 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/20/2017 12/20/17 For Sale $100,000 -- $58 / Sq Ft
Source: Realtracs

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 $1,208 $54,000 $0 $0
2023 $1,208 $54,000 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $952 $34,440 $0 $0
2019 $952 $34,440 $0 $0
2018 $911 $34,440 $0 $0
2017 $952 $34,440 $0 $0
2016 $909 $0 $0 $0
2015 $1,784 $32,880 $0 $0
2014 $1,784 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2729127

Realtracs

APN: 129N-G-023