NOT LISTED FOR SALE

Estimated Value: $362,600 - $848,000

-- Bed
3 Baths
3,940 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $660,000 $168 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,001/month

10 Days on Market

Highlights

  • Open Floorplan
  • Creek or Stream View
  • Pond
  • Ooltewah Elementary School Rated A-
  • Deck
  • Private Yard

About This Home

As of April 2022

High end, turn key, newer construction (2017), in a private community. (2) 4 bedrooms, 2.5 bathroom townhomes, one with a 2 car garage and the other a 1.5 car garage. 100% occupied, excellent tenants in place. Exceptional location; only 3-5 minutes to VW, Amazon, and Fed Ex, Interstate 75. Agent owned. HOA provides lawn care. Photos for illustrative purposes and may not be of the actual unit. Similar to floor plan, may vary slightly. No showings without an accepted contract. Do not disturb residents- this is a private community. Offers must include a proof of funds or pre-approval letter, where only lender final underwriting approval is required. This is a 2 townhome package (out of a 10 townhome rental portfolio available). Additional acreage zoned RT-1 (townhomes) available for purchase if an investor wanted to build new townhomes and have a larger portfolio. This is a turn key, dream opportunity. Properties like this are rarely come to market. The buyer is responsible to do their due diligence to verify that all information is correct, accurate, and for obtaining any and all restrictions for the property. Back up offers welcome. Call today!

Last Agent to Sell the Property

Teresa Scheiwe

Keller Williams Realty License #TN 323927 GA 346685 Listed on: 02/24/2022

Keller Williams Realty

Last Buyer's Agent

Fred Cosgrove

Stone River Property Management License #299534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 2017

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 41x206x96x117x19x94
  • Cul-De-Sac
  • Level Lot
  • Private Yard

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,940 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Creek or Stream Views
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Outdoor Features

  • Pond
  • Deck
  • Patio

Schools

  • Ooltewah Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for association fees
  • Assessor Parcel Number 131 008.08

Community Details

Overview

  • 2 Units
  • Brookmoor Subdivision

Building Details

  • Gross Income $12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 2017

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Lot Size: 41X206x96x117x19x94
  • Subdivision Name: Brookmoor
  • Directions: I-75 North to exit 9 Volkswagen Dr, turn right off exit, left on Old Lee Hwy, left onto Brookmoor Ln. OR I-75 North to exit 11 Ooltewah, right off exit, right on Little Debbie Pkwy, right on Old Lee Hwy, Brookmoor Ln will be on the right just past Hailey's Pond.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3940.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 131 008.08
  • Location Tax and Legal Elementary School: Ooltewah Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 2203.84
  • 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: 0.38
  • General Property Information Lot Size Square Feet2: 16552.8
  • General Property Information Lot Size Dimensions: 41X206x96x117x19x94
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Ooltewah Middle
  • General Property Information Stories2: 2
  • Parking Features Kitchen Level2: Yes
  • View CreekStream2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Microwave7: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Association Fees
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Pond On Lot, Sloped
  • View: Creek/Stream
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Pond On Lot: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1100.0
  • General Property Information:Association Fee Frequency: Annually
  • Owner Pays:Association Fees: Yes

Schools

  • Elementary School: Ooltewah Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Ooltewah Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 16552.8
  • Parcel #: 131 008.08
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12.0

Tax Info

  • Tax Annual Amount: 2203.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2016
Sold by
Hagaman Bennett Biggs and Peppers Stanton B
Bought by
Scheiwe Kevin
Current Estimated Value
$517,150

Purchase Details

Closed on
Dec 6, 2013
Sold by
Choo Choo Homes Inc
Bought by
Hagaman Bennett Biggs and Peppers Stanton B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,764
Interest Rate
4.16%
Mortgage Type
Construction
Source: Public Records

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 Buyer Sale Price Title Company
Scheiwe Kevin $75,000 Title Guaranty & Trust Co
Hagaman Bennett Biggs $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Family Trust $201,000
Closed Scheiwe Kevin $145,000
Previous Owner Hagaman Bennett Biggs $218,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $660,000 0.0% $168 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $660,000 -- $168 / 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 $1,093 $48,850 $0 $0
2023 $1,102 $48,850 $0 $0
2022 $1,102 $48,850 $0 $0
2021 $1,102 $48,850 $0 $0
2020 $1,188 $42,650 $0 $0
2019 $1,188 $42,650 $0 $0
2018 $1,188 $42,650 $0 $0
2017 $138 $5,000 $0 $0
2016 $138 $0 $0 $0
2015 $138 $5,000 $0 $0
2014 $138 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1350474

Greater Chattanooga REALTORS®

APN: 131-008.08