NOT LISTED FOR SALE

Estimated Value: $482,000 - $750,000

6 Beds
3 Baths
2,936 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $309,500 $105 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,274/month

5 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of September 2020

Wonderful investment opportunity in Ft. Wood, walking distance to UTC, downtown and even Coolidge park. The house could EASILY bring in 3,000/month in rent from college students. Upstairs unit is tenant occupied, showings in that unit available only after accepted offer.

Co-Listed By

Ethan Speicher

Greater Chattanooga Realty, Keller Williams Realty License # 396904, 339941

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

Matthew Mucciolo

RE/MAX Properties License #323367

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50x125

Home Design

  • Duplex

Interior Spaces

  • 2,936 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 146A D 026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $32,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,378

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1910
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Total Bedrooms: 6
  • Building Area Units: Square Feet
  • Living Area: 2936
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • 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: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X125
  • Lot Size Units: Acres
  • Parcel #: 146A D 026
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 32160
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3378

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 23, 2020
Sold by
Hngstefer James and Hangstefer Alexandra W
Bought by
M & T Holding Company Llc
Buyer's Agent
Matthew Mucciolo
RE/MAX Properties
List Price
$317,000
Sold Price
$309,500
Premium/Discount to List
-$7,500
-2.37%
Current Estimated Value
$563,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,293
Avg. Annual Appreciation
14.57%
Original Mortgage
$269,820
Outstanding Balance
$242,686
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$365,866

Purchase Details

Closed on
May 31, 2006
Sold by
Presbyterian Campus Ministry At Universi
Bought by
Hangstefer James and Hangstefer John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1997
Sold by
Farmer Betty Sue Kelly and Kelly Betty Sue Ayers
Bought by
Presbyterian Campus Ministry At Universi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,625
Interest Rate
7.53%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M & T Holding Company Llc $309,500 First Title
Hangstefer James $195,000 Pioneer Title Agency Inc
Presbyterian Campus Ministry At Universi $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & T Holding Company Llc $269,820
Previous Owner Hangstefer James $156,000
Previous Owner Presbyterian Campus Ministry At Universi $136,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $309,500 -2.4% $105 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $317,000 -- $108 / 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 $2,714 $121,320 $0 $0
2023 $2,714 $121,320 $0 $0
2022 $2,714 $121,320 $0 $0
2021 $2,714 $121,320 $0 $0
2020 $1,853 $67,000 $0 $0
2019 $1,853 $67,000 $0 $0
2018 $1,652 $67,000 $0 $0
2017 $1,853 $67,000 $0 $0
2016 $1,823 $0 $0 $0
2015 $3,460 $65,920 $0 $0
2014 $3,460 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2723128

Realtracs

APN: 146A-D-026