NOT LISTED FOR SALE

Estimated Value: $258,000 - $292,111

Studio
2 Baths
1,680 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $180,000 $107 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Multiple cooling system units
  • No HOA
  • Brick Exterior Construction
  • Patio

About This Home

As of December 2021

BACK ON MARKET! Great opportunity in Chattanooga for rental income! Both units are currently leased. Unit A will be vacant on 11/03/21.Please do not disturb the tenants. Showing to be after accepted offer.

Last Agent to Sell the Property

Kerri O'Connell

Better Homes and Gardens Real Estate Signature Brokers License #354032 Listed on: 11/13/2021

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Wesley Talley

Coldwell Banker Kinard Realty - Ga License #395096

Coldwell Banker Kinard Realty - Ga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 115x164.6
  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 129m B 013

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Austin Farms Sec 3 Subdivision

Building Details

  • Gross Income $18,732

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,196

Year Built

Built in 1970

Lot Details

0.43 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Lot Size: 115X164.6
  • Subdivision Name: Austin Farms Sec 3
  • Directions: From SR-153 N take Exit 3 onto Jersey Pike. Keep right toward SR-317. Turn right onto Bonny Oaks Dr. Turn right onto Austin Dr. Turn left onto Bonnie Dr. Turn left onto Bishop Dr. Duplex is on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1680.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 129m B 013
  • 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: 2196.38
  • 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: 0.43
  • General Property Information Lot Size Square Feet2: 18730.8
  • General Property Information Lot Size Dimensions: 115X164.6
  • 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: BACK ON MARKET! Great opportunity in Chattanooga for rental income! Both units are currently leased. Unit A will be vacant on 11/03/21.Please do not disturb the tenants. Showing to be after accepted offer.
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Tyner Middle Academy
  • Levels:One: Yes
  • Cooling:Multi Units: Yes
  • General Property Information Stories2: 1
  • Utilities:Sewer Available: 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 Washer Dryer Hookups2: Yes
  • Unit 2 Microwave7: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • 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

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: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Sewer Available
  • Heating:Central: Yes
  • Sewer Septic Tank: 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: Bess T. Shepherd Elementary
  • High School: Tyner Academy
  • Middle Or Junior School: Tyner Middle Academy

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 129m B 013
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18732.0

Tax Info

  • Tax Annual Amount: 2196.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 1, 2021
Sold by
Wolf Alexander William and Wolf Christyn
Bought by
Rosser Alexis L
Seller's Agent
Kerri O'Connell
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Wesley Talley
Coldwell Banker Kinard Realty - Ga
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$274,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,778
Avg. Annual Appreciation
10.49%
Original Mortgage
$176,739
Outstanding Balance
$161,164
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$113,614

Purchase Details

Listed on
Feb 22, 2020
Closed on
Jul 16, 2020
Sold by
7625 Bishop Llc
Bought by
Wolf Alexander William
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$116,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2019
Sold by
Cadle Mark Owen
Bought by
7625 Bishop Llc

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 27, 2018
Sold by
Jackson Timothy Lee and Jackson Heathewr Nicole
Bought by
Cadle Mark Owen
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$90,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2009
Sold by
Jackson Timothy Lee
Bought by
Jackson Timothy Lee and Jackson Heather Nicole
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosser Alexis L $180,000 Choice Title Company
Wolf Alexander William $155,000 Reli Settlement Sln Llc
7625 Bishop Llc -- None Available
Cadle Mark Owen $120,000 None Available
Jackson Timothy Lee -- Warranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosser Alexis L $176,739
Previous Owner Wolf Alexander William $116,250
Previous Owner Cadle Mark Owen $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $180,000 -5.3% $107 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $190,000 +22.6% $113 / Sq Ft
07/17/2020 07/17/20 Sold $155,000 +3.3% $92 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $150,000 +15.4% $89 / Sq Ft
12/27/2018 12/27/18 Sold $130,000 +4.0% $72 / Sq Ft View Prior Sale
11/12/2018 11/12/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $125,000 -- $69 / 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 $1,630 $107,520 $0 $0
2024 $1,414 $63,200 $0 $0
2023 $1,414 $63,200 $0 $0
2022 $1,414 $63,200 $0 $0
2021 $1,414 $63,200 $0 $0
2020 $1,205 $43,560 $0 $0
2019 $1,205 $43,560 $0 $0
2018 $623 $21,800 $0 $0
2017 $603 $21,800 $0 $0
2016 $579 $0 $0 $0
2015 $1,178 $20,950 $0 $0
2014 $1,178 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1345362

Greater Chattanooga REALTORS®

APN: 129M-B-013

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