NOT LISTED FOR SALE

87 Agappa Ln Ringgold, GA 30736

Estimated Value: $262,603 - $383,000

Studio
6 Baths
2,400 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $185,000 $77 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,912/month

6 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Brick Exterior Construction
  • Heritage Middle School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2021

Investors get ready for a deal! This triplex is located on a quite cul-de-sac which makes this property a great rental investment or you can live in one unit and lease the other 2 units. Both upper units have 2 bedrooms 1.5 bath, the basement unit has 2 bedrooms 1 bath, small outside storage and small backyard. One unit is currently vacant; giving you the opportunity to select your next tenant. Carpet/appliance allowance with full price offer only. So as not to disturb the tenants, showings only with accepted offer.

Last Agent to Sell the Property

Rosemary Seitz

Better Homes and Gardens Real Estate Signature Brokers License #350646 Listed on: 01/22/2021

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Tenesha Irvin

Keller Williams Realty License #341391

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1986

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 112x143
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Boynton Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0014c-011

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lorie Hills Subdivision

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,077

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Lot Size: 112X143
  • Subdivision Name: Lorie Hills
  • Directions: Take I-75 South to exit 350; turn right on Battlefield Parkway; turn left on Dietz Road; turn left at 4-way stop onto Boynton Drive; go approximately 1 mile, turn left on Joe Tike Drive, turn left on Agappa Lane, property is at the end of the cul-de-sac.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2400.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0014c-011
  • Location Tax and Legal Elementary School: Boynton Elementary
  • Location Tax and Legal High School: Heritage High School
  • Location Tax and Legal:Tax Annual Amount: 1076.85
  • 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: 0.37
  • General Property Information Lot Size Square Feet2: 16117.2
  • General Property Information Lot Size Dimensions: 112X143
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Investors get ready for a deal! This triplex is located on a quite cul-de-sac which makes this property a great rental investment or you can live in one unit and lease the other 2 units. Both upper units have 2 bedrooms 1.5 bath, the basement unit has 2 bedrooms 1 bath, small outside storage and small backyard. One unit is currently vacant; giving you the opportunity to select your next tenant. Carpet/appliance allowance with full price offer only. So as not to disturb the tenants, showings only with accepted offer.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Heritage Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 3.0
  • Unit 2 Living Room4: Yes
  • Unit 3 Living Room5: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Boynton Elementary
  • High School: Heritage High School
  • Middle Or Junior School: Heritage Middle

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 0014c-011
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 19800.0

Tax Info

  • Tax Annual Amount: 1076.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Williams Harley
Bought by
Haw Properties Llc
Current Estimated Value
$323,401

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 26, 2021
Sold by
Nudelman Aaron
Bought by
Williams Harley and Williams Adrienne
Seller's Agent
Rosemary Seitz
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Tenesha Irvin
Keller Williams Realty
List Price
$199,999
Sold Price
$185,000
Premium/Discount to List
-$14,999
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$138,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2007
Sold by
Scheiwe Kevin
Bought by
Nudelman Aaron

Purchase Details

Closed on
Aug 30, 2004
Bought by
Scheiwe Kevin And
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haw Properties Llc -- --
Williams Harley $185,000 --
Nudelman Aaron $129,900 --
Scheiwe Kevin And $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Harley $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $185,000 -7.5% $77 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $199,999 -- $83 / 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 $2,649 $111,104 $8,040 $103,064
2023 $1,567 $73,488 $8,040 $65,448
2022 $1,255 $56,057 $8,040 $48,017
2021 $1,094 $52,298 $8,040 $44,258
2020 $1,065 $46,042 $8,040 $38,002
2019 $1,077 $46,042 $8,040 $38,002
2018 $1,125 $45,542 $7,540 $38,002
2017 $1,114 $45,092 $7,540 $37,552
2016 $1,099 $42,275 $7,540 $34,735
2015 -- $42,275 $7,540 $34,735
2014 -- $42,275 $7,540 $34,735
2013 -- $45,325 $7,539 $37,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1328241

Greater Chattanooga REALTORS®

APN: 0014C-011