NOT LISTED FOR SALE

786 Savage Rd Dunlap, TN 37327

-- Bed
3 Baths
1,680 Sq Ft
0.33 Acres

Last Sold February 28, 2018

Last sale price $60,000 $36 Per Sq Ft

54 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Living Room
  • Efficiency Studio
  • Multiple cooling system units
  • Garage

About This Home

As of February 2018

The tri-plex has two 2-bedroom/1-bath units which rent for $350 each. There is a 1-BR/1-bath Efficiency apt. which has been rented to the same occupant for the last 12 years at $225 per month without an increase. All are currently occupied. The Tenants reimburse the seller for the Electric and Water bills, and then he pays the Utility companies. There is 1 1/2 yr. new metal roof. Initially, the apartments were heated and cooled with a commercial ‘motel-type’ unit. The owner did not replace those units, but instead installed window units. The County Tax Record shows the property zoned as 02-Duplex. The property is shown as being in a Flood Zone. However, the Seller said there has never been any property damage. See MLS 1273115 - Vacant Lot and MLS 1273431 - cottage (rented). when the Seller lived there in 1993. The Tri-Plex is located less than 3 miles from downtown Dunlap, and less than 5 minutes to Hwy 111 and 127.

Last Agent to Sell the Property

Helen Scott Hixon

Blue Key Properties LLC Listed on: 11/22/2017

Last Buyer's Agent

Candace McGuffey

Annette Webster Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x146x130x142
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Triplex
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Efficiency Studio

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Location

  • Flood Insurance May Be Required

Schools

  • Griffith Elementary School
  • Sequatchie Middle School
  • Sequatchie High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 041b A 001.03

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Kenneth Butler Subdivision

Building Details

  • Gross Income $11,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$833

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Lot Size: 100X146X130X142
  • Subdivision Name: Kenneth Butler
  • Directions: 111 North to 127. Immediately cross highway onto Old TN 8, turn right on Savage Rd., triplex on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1680.0
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1979
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 041b A 001.03
  • Location Tax and Legal Elementary School: Griffith Elementary School
  • Location Tax and Legal High School: Sequatchie High
  • Location Tax and Legal:Tax Annual Amount: 832.65
  • 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: 0.33
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Dimensions: 100X146X130X142
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Foundation Details Slab: Yes
  • Location Tax and Legal Middle or Junior School: Sequatchie Middle
  • Levels:One: Yes
  • Cooling:Multi Units: Yes
  • General Property Information Stories2: 3
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Efficiency2: Yes
  • Unit 3 Living Room5: Yes
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None
  • Stories: 3

Interior Features

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

Exterior Features

  • Lot Features: Level, Split Possible
  • View: No
  • Waterfront: No
  • Disclosures: Flood Insurance May Be Required
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Metal
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Multi Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Griffith Elementary School
  • High School: Sequatchie High
  • Middle Or Junior School: Sequatchie Middle

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 041b A 001.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 11100.0

Tax Info

  • Tax Annual Amount: 832.65

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $60,000 -11.1% $36 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $67,500 -- $40 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1273430

Greater Chattanooga REALTORS®

APN: 077041B A 00103