NOT LISTED FOR SALE

7816 Middle Valley Rd Hixson, TN 37343

Estimated Value: $236,000 - $352,000

8 Beds
2 Baths
1,400 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $305,000 $218 Per Sq Ft

Current estimated payment $1,729/month

12 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Attached Garage
  • Loftis Middle School Rated A-
  • Formal Dining Room
  • Central Heating and Cooling System

About This Home

As of August 2023

Calling all Investors . . . this Middle Valley duplex is a great opportunity.. In very good condition on an a level .25 acre lot with multiple improvements. Roof, HVAC and vinyl windows have been upgraded in the last few years. Crawl space has been encapsulated & dehumidifier installed - (approx cost $8,000). Concrete driveway in excellent condition for adequate parking and there is room to expand for additional parking and possibly a circular driveway. Both single level units have two bedrooms, one bath, living room, dining area, kitchen with laundry area, one car garage and an individual deck off the back of each unit. Level Lot with large back yard surrounded on two sides by a wooden area. Within 0.5 mile of Middle Valley Elementary and Wal-Mart Shopping Center. RARE opportunity and this will NOT last! Excellent tenants have expressed interest in staying. Restricted showings due to being tenant occupied. Please call for more information. Video walkthrough available for serious and approved Buyers.

Last Agent to Sell the Property

Trey Corum

Keller Williams Realty License #297065 Listed on: 06/16/2023

Keller Williams Realty

Last Buyer's Agent

Lauren Wenger

Keller Williams Realty License #337247

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 95x200
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Formal Dining Room
  • Basement
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Parking Accessed On Kitchen Level

Schools

  • Soddy-Daisy Middle School
  • Soddy-Daisy High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 083g E 001.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rs Floyd Subdivision

Building Details

  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,194

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 95X200
  • Subdivision Name: RS Floyd
  • Directions: N on Hixson Pike, L on Middle Valley Road.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1400.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1981
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 083g E 001.01
  • Location Tax and Legal High School: Soddy-Daisy High
  • Location Tax and Legal:Tax Annual Amount: 1193.92
  • 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: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 95X200
  • 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: Calling all Investors . . . this Middle Valley duplex is a great opportunity.. In very good condition on an a level .25 acre lot with multiple improvements. Roof, HVAC and vinyl windows have been upgraded in the last few years. Crawl space has been encapsulated & dehumidifier installed - (approx cost $8,000). Concrete driveway in excellent condition for adequate parking and there is room to expand for additional parking and possibly a circular driveway. Both single level units have two bedrooms, one bath, living room, dining area, kitchen with laundry area, one car garage and an individual deck off the back of each unit. Level Lot with large back yard surrounded on two sides by a wooden area. Within 0.5 mile of Middle Valley Elementary and Wal-Mart Shopping Center. RARE opportunity and this will NOT last! Excellent tenants have expressed interest in staying. Restricted showings due to being tenant occupied. Please call for more information. Video walkthrough available for serious and approved Buyers.
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Soddy-Daisy Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Separate Dining: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Separate Dining2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Soddy-Daisy High
  • Middle Or Junior School: Soddy-Daisy Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 083g E 001.01

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600.0

Tax Info

  • Tax Annual Amount: 1193.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 1, 2023
Sold by
Bay Breeze Investments Llc
Bought by
Raulston Thomas Randy and Raulston Regina Leann
Seller's Agent
Trey Corum
Keller Williams Realty
Buyer's Agent
Lauren Wenger
Keller Williams Realty
List Price
$275,000
Sold Price
$305,000
Premium/Discount to List
$30,000
10.91%
Views
100
Current Estimated Value
$304,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$942
Avg. Annual Appreciation
-0.13%
Original Mortgage
$251,037
Outstanding Balance
$52,814
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$251,244

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 31, 2021
Sold by
Cox Gary D and Cox Cathy R
Bought by
Bay Breeze Investments Llc
Seller's Agent
Kathy Tucker
Crye-Leike, REALTORS
Buyer's Agent
Ina Painter
Slyman Real Estate
List Price
$219,900
Sold Price
$229,000
Premium/Discount to List
$9,100
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
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
Raulston Thomas Randy $305,000 Bridge City Title
Bay Breeze Investments Llc $229,000 Foothills Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raulston Thomas Randy $251,037
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $305,000 +10.9% $218 / Sq Ft
06/29/2023 06/29/23 Off Market $275,000 -- --
06/16/2023 06/16/23 For Sale $275,000 +20.1% $196 / Sq Ft
08/31/2021 08/31/21 Sold $229,000 +4.1% $164 / Sq Ft View Prior Sale
07/22/2021 07/22/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $219,900 -- $157 / 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
2025 $1,673 $110,400 $0 $0
2024 $1,176 $52,560 $0 $0
2023 $1,185 $52,560 $0 $0
2022 $1,194 $52,560 $0 $0
2021 $1,194 $52,560 $0 $0
2020 $906 $32,120 $0 $0
2019 $906 $32,120 $0 $0
2018 $906 $32,120 $0 $0
2017 $906 $32,120 $0 $0
2016 $867 $0 $0 $0
2015 $867 $30,720 $0 $0
2014 $867 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1375233

Greater Chattanooga REALTORS®

APN: 083G-E-001.01