NOT LISTED FOR SALE

864 S McDonald Rd McDonald, TN 37353

Estimated Value: $365,000 - $1,831,000

2 Beds
3 Baths
2,304 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $350,000 $152 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,753/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Patio
  • No HOA
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2024

Situated on quiet road in beautiful McDonald, TN, this large duplex offers 3 bedrooms, 2 bathrooms, and a garage on one side and 3 bedrooms and 1 bathroom on the other. With just a little TLC, this would make a great investment property in an area with very few rental properties available. Or live in one side and rent the other with the great new loan programs out there for just that purpose!

Last Agent to Sell the Property

Jeremy Parker

Keller Williams Realty License #321116 Listed on: 06/01/2024

Keller Williams Realty

Last Buyer's Agent

Matthew Bonnett

EXP Realty LLC License #367774

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1987

Lot Details

  • 0.44 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Finished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Tile
  • Luxury Vinyl Tile

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Black Fox Elementary School
  • Bradley County Middle School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 071 079.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,848

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Lot Size: IRR
  • Subdivision Name: None
  • Directions: From I-24E, take exit 11 for US-11 N/US-64 E toward Ooltewah. Use the right 2 lanes to turn right onto US-11/US-64. Turn right onto Pine Hill Rd. Turn left onto McDonald Rd. Property will be on the left. Duplex is located on the far Southeast corner of the property.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2304.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 071 079.00
  • Location Tax and Legal Elementary School: Black Fox Elementary
  • Location Tax and Legal:Tax Annual Amount: 2847.6
  • 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: 0.44
  • General Property Information Lot Size Square Feet2: 19166.4
  • General Property Information Lot Size Dimensions: IRR
  • 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 Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Bradley County Middle
  • Foundation Details Block2: Yes
  • General Property Information Stories2: 2
  • Flooring Luxury Vinyl: Yes
  • Lot Features Rural: Yes
  • Flooring Plank: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Fireplace: No
  • Flooring: Luxury Vinyl, Plank, Tile
  • Interior Amenities: Eat-in Kitchen
  • Basement:Partial: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level, Rural
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Off Street: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Black Fox Elementary
  • Middle Or Junior School: Bradley County Middle

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 071 079.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2847.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Gospel Ministries International Inc
Bought by
Miller Garrett and Tyree Jonah
Current Estimated Value
$912,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$182,028
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$730,248

Purchase Details

Closed on
Oct 21, 2024
Sold by
Gospel Ministries International Inc
Bought by
Vinson Floyd and Vinson Charlotte M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
6.35%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 1, 2024
Closed on
Aug 6, 2024
Sold by
Gospel Ministries International Inc
Bought by
Casas Sergio and Casas Blanca E
Seller's Agent
Jeremy Parker
Keller Williams Realty
Buyer's Agent
Matthew Bonnett
EXP Realty LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.79%
Original Mortgage
$328,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 23, 2024
Sold by
Gospel Ministries International Inc
Bought by
Hildebrand Brent Alan and Hildebrand Ashlan Bryn
Seller's Agent
Jeremy Parker
Keller Williams Realty
Buyer's Agent
Matthew Bonnett
EXP Realty LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2019
Sold by
Caddy Everette E and Gaddy Mary
Bought by
Gospel Ministries International Inc

Purchase Details

Closed on
Jan 12, 2017
Sold by
Power Publishing Corp
Bought by
Gaddy Everette E and Gaddy Mary

Purchase Details

Closed on
Sep 15, 2009
Sold by
Power Publishing Corp
Bought by
Gospel Ministries Internationa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1994
Bought by
Durand Richard
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
Miller Garrett $800,000 Bridge City Title
Miller Garrett $800,000 Bridge City Title
Vinson Floyd $225,000 Bridge City Title Downtown Llc
Casas Sergio $410,000 Bridge City Title Downtown Llc
Casas Sergio $410,000 Bridge City Title Downtown Llc
Hildebrand Brent Alan $350,000 Bridge City Title Downtown Llc
Hildebrand Brent Alan $350,000 Bridge City Title Downtown Llc
Gospel Ministries International Inc $38,500 None Available
Gaddy Everette E -- --
Gospel Ministries Internationa $995,000 --
Durand Richard $160,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Garrett $900,000
Closed Miller Garrett $900,000
Previous Owner Vinson Floyd $220,924
Previous Owner Casas Sergio $328,000
Previous Owner Hildebrand Brent Alan $343,660
Previous Owner Durand Richard $796,000
Previous Owner Durand Richard $199,000
Previous Owner Power Publishing Corp $710,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $350,000 +1.4% $152 / Sq Ft
06/01/2024 06/01/24 For Sale $345,000 -- $150 / 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 -- -- -- --
2022 $1,413 $0 $0 $0
2021 $1,673 $93,350 $0 $0
2020 $1,413 $93,350 $0 $0
2019 $1,425 $0 $0 $0
2018 $1,347 $0 $0 $0
2017 $1,356 $0 $0 $0
2016 $1,356 $0 $0 $0
2015 $1,310 $0 $0 $0
2014 $1,093 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1393081

Greater Chattanooga REALTORS®

APN: 071-079.00