NOT LISTED FOR SALE

8624 Freeling Varner Rd Hixson, TN 37343

Estimated Value: $187,000 - $397,000

-- Bed
2 Baths
1,924 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $61,225 $32 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $1,618/month

46 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Central Air
  • McConnell Elementary School Rated 9+
  • Cul-De-Sac
  • Level Lot

About This Home

As of October 2012

***BUYER TO VERIFY SQUARE FOOTAGE.The bank has called for Highest and Best! The offer's has to be written on a new Purchase and Sale Agreement and the forms I have attached needs to be filled out and return to my office by 4:00 PM August 25, 2012! Any offers received after that time will not be considered. ***Investors' delight! Don't delay or you will lose out on a great deal. The home is built on a 0.28 acre level lot. The 1924 Sq Ft, two unit duplex has a lot to offer. Both units have a living room,kitchen with a eat-in area, a half bathroom downstairs,a full bathroom upstairs, and two bedrooms. Both units have a laundry room with hook-ups and back deck off the master bedroom upstairs. Bank Of America (BAC) requires a prequalification letter from BAC on every offer submitted. You can t the PQ letter by Calling Jeffery Brown at 678-784-0488. You do not have to finance thru BAC but you must get the PQ letter.

Last Agent to Sell the Property

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 08/16/2012

Last Buyer's Agent

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 08/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 25x487.79
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Schools

  • Mcconnell Elementary School
  • Loftis Middle School
  • Soddy-Daisy High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Sequoyah Hills Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Utilities Included
  • The owner pays for all utilities
  • Assessor Parcel Number 084H A 037.03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,207

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 25X487.79
  • Subdivision Name: Sequoyah Hills
  • Directions: North on Hixson Pike, right on Camp Columbus, left on Freeling Varner Dr at the fork, right on Freeling Varner Rd and Duplex at end of road.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1924.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1981
  • Cooling:Electric: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 084H A 037.03
  • Location Tax and Legal Elementary School: McConnell Elementary
  • Location Tax and Legal High School: Soddy-Daisy High
  • Location Tax and Legal:Tax Annual Amount: 1207.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Dimensions: 25X487.79
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Carport Spaces2: 1.0
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Loftis Middle
  • General Property Information Stories2: 2
  • Special Listing Conditions:Real Estate Owned: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Owner Pays: All Utilities
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: McConnell Elementary
  • High School: Soddy-Daisy High
  • Middle Or Junior School: Loftis Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 084H A 037.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Smith Eugene
Bought by
Boston Hills Llc
Current Estimated Value
$286,768

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 24, 2012
Sold by
Us Bank Na
Bought by
Smith A Eugene
Seller's Agent
Aaron Shipley
Blue Key Properties LLC
Buyer's Agent
Aaron Shipley
Blue Key Properties LLC
List Price
$45,000
Sold Price
$61,225
Premium/Discount to List
$16,225
36.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Pickett Paul R
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 16, 2006
Sold by
Smith Eugene
Bought by
Pickett Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Boston Hills Llc $663,445 Pioneer Title Agency Inc
Smith A Eugene -- None Available
U S Bank National Association $68,040 None Available
Pickett Paul R $120,000 A 1 Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pickett Paul R $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2012 10/01/12 Sold $61,225 +36.1% $32 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $45,000 -- $23 / 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 $1,369 $61,200 $0 $0
2023 $1,387 $61,200 $0 $0
2022 $1,387 $61,200 $0 $0
2021 $1,468 $64,800 $0 $0
2020 $1,176 $41,880 $0 $0
2019 $1,176 $41,880 $0 $0
2018 $1,176 $41,880 $0 $0
2017 $1,176 $41,880 $0 $0
2016 $1,176 $0 $0 $0
2015 $1,176 $41,880 $0 $0
2014 $1,176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1183141

Greater Chattanooga REALTORS®

APN: 084H-A-037.03