NOT LISTED FOR SALE

812 Ellen Rd Hixson, TN 37343

Estimated Value: $234,517 - $323,000

Studio
2 Baths
1,800 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2023

Last sale price $230,000 $128 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,480 / mo

111 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of October 2023

Attention Investors!! No showings without a binding contract! Looking for a cash flowing property in a great convenient location?! Look no further! This Middle Valley Duplex is up for grabs! This duplex is located in a nice setting on a quiet cul-de-sac street. Both right and left units have received interior updates over the years. Current GMI approx $1400/ month. Current tenants in both units are month-to-month! The current rents are below market as the tenants have been in place for many years. Lots of upside potential for GMI! Potential GMI $1800-2k+/-!! Property is zoned for Daisy Elementary & Soddy Daisy Middle/ High Schools. Location Location, duplex conveniently located within minutes to Hwy 27, and approx 20 minutes to Downtown Chattanooga, TN! Call today! **Licensee has personal interest in this property!!**

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 100x200

Home Design

  • Duplex
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 3 Levels

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Daisy Elementary School
  • Soddy Daisy Middle School
  • Soddy Daisy High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 074O A 010

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Doria Acres Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,708

Year Built

Built in 1971

Lot Details

0.46 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1800
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding, Other
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • 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: 100x200
  • Lot Size Units: Acres
  • Parcel #: 074O A 010
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 16800
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1708

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Sep 21, 2023
Sold by
Smith Sherwin and Smith Cynthia Lashelle
Bought by
Lomeli Jaime G and Lomeli Rosa
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
102
Current Estimated Value
$268,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,379
Avg. Annual Appreciation
6.26%
Original Mortgage
$209,587
Outstanding Balance
$204,565
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$63,814

Purchase Details

Closed on
May 26, 2023
Sold by
Smith Nicolas
Bought by
Smith Sherwin and Smith Cynthia Lashelle

Purchase Details

Closed on
Dec 26, 2007
Sold by
Cantrell William Lee
Bought by
Smith Nicholas and Smith Sherwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2006
Sold by
Ensley Bryan C and Ensley Melinda K
Bought by
Cantrell William Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Langford Donald A and Langford Gina
Bought by
Ensley Bryan C and Ensley Melinda K

Purchase Details

Closed on
Oct 31, 1997
Sold by
Frost Paul E and Frost Judith T
Bought by
Langford Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,440
Interest Rate
7.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 27, 1997
Sold by
Koch Fred J and Koch Joan K
Bought by
Frost Paul E and Frost Judith A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lomeli Jaime G $230,000 Alliance Title
Smith Sherwin -- Alliance Title
Smith Nicholas $110,000 None Available
Cantrell William Lee $90,500 A-1 Title & Escrow
Ensley Bryan C $78,000 Legal Title & Escrow Inc
Langford Donald A $72,000 --
Frost Paul E $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomeli Jaime G $209,587
Previous Owner Smith Nicholas $108,300
Previous Owner Cantrell William Lee $90,500
Previous Owner Langford Donald A $73,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $230,000 -8.0% $128 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $250,000 -- $139 / Sq Ft
Source: Realtracs

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 $807 $53,225 $0 $0
2024 $705 $31,500 $0 $0
2023 $1,065 $31,500 $0 $0
2022 $1,708 $50,400 $0 $0
2021 $1,708 $50,400 $0 $0
2020 $1,570 $37,680 $0 $0
2019 $1,570 $37,680 $0 $0
2018 $1,570 $37,680 $0 $0
2017 $1,570 $37,680 $0 $0
2016 $1,570 $0 $0 $0
2015 $1,570 $37,680 $0 $0
2014 $1,570 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2714656

Realtracs

APN: 074O-A-010

Tennessee Hamilton County Hixson 37343

812 Ellen Rd, Hixson, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.