$250,600
SOLD AUG 29, 2014
-- Bed
-- Bath
3,542 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of August 2018

Investors turn-key rental in North Chattanooga! Immaculate triplex with tons of character. This property is located within the Normal Park School zone. The main home has two units and the third unit is a separate cottage. All units are freshly painted and have new carpet. Kitchen and baths have old-fashioned charm. There is a driveway for parking. Large yard for entertaining and play. Easy to care for and a great rental.

Last Agent to Sell the Property

Mark Hite

Keller Williams Realty Listed on: 07/21/2014

Last Buyer's Agent

Jenny Frost-Noblit

Live It! Realty License #275425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 65x147.5
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 136A B 014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 65X147.5
  • Subdivision Name: None
  • Directions: From US27N take exit 1C9W 4th St),Turn right onto W 4th St, Turn Left onto Georgia Ave, Continue onto Veterans Bridge, Continue onto Barton Ave, Turn Left Onto Crewdson St, Turn tight onto Tremont St, Turn Left onto Mississippi Ave destination will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • Living Area: 3542.0
  • New Construction: No
  • Year Built: 1910
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 136A B 014
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 3011.0
  • 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 Dimensions: 65X147.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Normal Park Upper
  • Levels:One: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • Cooling Wall Unit(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Crawl Space, Full, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Basement:Crawl Space: 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: 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, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Parcel #: 136A B 014

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 22800.0

Tax Info

  • Tax Annual Amount: 3011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 24, 2018
Sold by
Frost Tim and Frost Sarah
Bought by
Bible William Thomas and Bible Laura
Seller's Agent
Jenny Frost-Noblit
Live It! Realty
Buyer's Agent
William Bible
Crye-Leike, REALTORS
List Price
$329,000
Sold Price
$319,900
Premium/Discount to List
-$9,100
-2.77%
Current Estimated Value
$968,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,632
Avg. Annual Appreciation
15.15%
Original Mortgage
$239,925
Outstanding Balance
$212,620
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$640,168

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 29, 2014
Sold by
Stuart Street Investors Llc
Bought by
Frost Tim and Frost Sarah
Seller's Agent
Mark Hite
Keller Williams Realty
Buyer's Agent
Jenny Frost-Noblit
Live It! Realty
List Price
$250,000
Sold Price
$250,600
Premium/Discount to List
$600
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $319,900 None Available
Warranty Deed $250,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,925 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $319,900 -2.8% $105 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $329,000 +31.3% $108 / Sq Ft
08/29/2014 08/29/14 Sold $250,600 +0.2% $71 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $250,000 -- $71 / 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
2024 $3,178 $142,025 $0 $0
2023 $3,178 $142,025 $0 $0
2022 $2,484 $111,025 $0 $0
2021 $2,484 $111,025 $0 $0
2020 $2,538 $72,700 $0 $0
2019 $2,010 $72,700 $0 $0
2018 $1,782 $72,700 $0 $0
2017 $2,010 $72,700 $0 $0
2016 $1,674 $0 $0 $0
2015 $3,188 $60,550 $0 $0
2014 $3,126 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1214191

Greater Chattanooga REALTORS®

APN: 136A-B-014