NOT LISTED FOR SALE

Estimated Value: $208,000 - $269,340

-- Bed
2 Baths
1,651 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $130,000 $79 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,316/month

34 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 3 Levels
  • Cooling Available

About This Home

As of August 2021

Great cash flowing Duplex with tremendous rental history, located within walking distance to the Brainerd Golf Course. Both 805 N Moore and 807 N Moore will convey. 805 N Moore currently rented out with excellent long term tenants in place at $600 a month. Their lease has been shifted to a verbal month to month to provide new purchaser flexibility. 807 N Moore is intentionally vacant for showing purposes. 807's interior has been re-painted, new carpet installed, and new bathroom vanity has been added as well. Both 805 & 807 had a brand new roof installed in 2019! N Moore Rd's centralized location could easily yield $750 a side ($1500 total) for 805/807 N Moore equaling an 11% Cap Rate!!! EASY TO RENT - Come see this before it's too late! *Agent is related to seller*

Last Agent to Sell the Property

Dillon May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4237627001 License #348026 Listed on: 06/18/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Stephanie Knirk

BHHS Southern Routes Realty License #153773,397127,351948

BHHS Southern Routes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 67.5x125

Home Design

  • Duplex

Interior Spaces

  • 1,651 Sq Ft Home
  • Property has 3 Levels

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 157C J 007.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Forest Place Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,597

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 4237627001
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1651
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding
  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 67.5X125
  • Lot Size Units: Acres
  • Parcel #: 157C J 007.01
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14400
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1597

MLS Schools

  • Elementary School: Woodmore Elementary School
  • High School: Brainerd High School
  • Middle Or Junior School: Dalewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 31, 2021
Sold by
Reinert Joseph M and Reinert Joy Ann
Bought by
Uren Raymond D
Seller's Agent
Dillon May
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Stephanie Knirk
BHHS Southern Routes Realty
List Price
$159,000
Sold Price
$130,000
Premium/Discount to List
-$29,000
-18.24%
Current Estimated Value
$232,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,835
Avg. Annual Appreciation
11.36%
Original Mortgage
$110,500
Outstanding Balance
$101,501
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$97,965

Purchase Details

Closed on
May 29, 2001
Sold by
Lacy Paul A
Bought by
Reinert Joseph M and Reinert Joy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 11, 2000
Sold by
Haynes Elizabeth S and Haynes Gregory L
Bought by
Lacy Paul A
Source: Public Records

Range of Values:

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Average Value
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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
Uren Raymond D $130,000 Cumberland Ttl & Guaranty Co
Reinert Joseph M $60,000 First Title
Lacy Paul A $39,000 Title Escrow Chattanooga Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uren Raymond D $110,500
Previous Owner Reinert Joseph M $2,300,000
Previous Owner Reinert Joseph M $60,000
Previous Owner Reinert Joseph M $54,000
Previous Owner Lacy Paul A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $130,000 -18.2% $79 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $159,000 -- $96 / 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 $578 $25,825 $0 $0
2023 $578 $25,825 $0 $0
2022 $902 $40,320 $0 $0
2021 $902 $40,320 $0 $0
2020 $876 $31,680 $0 $0
2019 $876 $31,680 $0 $0
2018 $848 $31,680 $0 $0
2017 $876 $31,680 $0 $0
2016 $909 $0 $0 $0
2015 $1,784 $32,880 $0 $0
2014 $1,784 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2720920

Realtracs

APN: 157C-J-007.01