NOT LISTED FOR SALE

Estimated Value: $237,116 - $341,000

-- Bed
2 Baths
2,051 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $270,000 $132 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,599/month

71 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • Level Lot

About This Home

As of September 2023

Very well maintained all brick duplex in a very quiet area. One side has a long term tenant. Great property to add to an investor's portfolio or for someone that would like to live on one side and have the other side help pay the mortgage. The vacant side has just undergone paint, new floors, new appliances, etc. DO NOT disturb the tenant. Contact me for further details.

Last Agent to Sell the Property

Maria Chavez

Nest Chattanooga Real Estate & Management, LLC License #318599 Listed on: 08/01/2023

Nest Chattanooga Real Estate & Management, LLC

Last Buyer's Agent

Jay Robinson

Keller Williams Realty License #255994

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1985

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80.0x190.0
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 157c M 016.16

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 80.0X190.0
  • Subdivision Name: None
  • Directions: Brainerd Rd. to N Moore Rd. right on N Moore Ln, left on Peppermill. Duplex is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 2051.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 157c M 016.16
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 1960.05
  • 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: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Dimensions: 80.0X190.0
  • General Property Information View YN2: No
  • 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
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • 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: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: 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
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: 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: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 157c M 016.16
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9600.0

Tax Info

  • Tax Annual Amount: 1960.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 15, 2023
Sold by
Smith George Michael and Smith Kimberley Ann
Bought by
Lee Douglas Allen and Whisenant Dillan
Seller's Agent
Maria Chavez
Nest Chattanooga Real Estate & Management, LLC
Buyer's Agent
Jay Robinson
Keller Williams Realty
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Views
22
Current Estimated Value
$282,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,775
Avg. Annual Appreciation
3.62%
Original Mortgage
$265,109
Outstanding Balance
$260,673
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$28,308
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
Lee Douglas Allen $270,000 Bridge City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Douglas Allen $265,109
Previous Owner Smith George Michael $468,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $270,000 +3.8% $132 / Sq Ft
08/08/2023 08/08/23 Off Market $260,000 -- --
08/01/2023 08/01/23 For Sale $260,000 0.0% $127 / Sq Ft
06/18/2023 06/18/23 Off Market $260,000 -- --
06/06/2023 06/06/23 For Sale $260,000 0.0% $127 / Sq Ft
06/03/2023 06/03/23 Off Market $260,000 -- --
05/27/2023 05/27/23 For Sale $260,000 -- $127 / 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 $611 $27,300 $0 $0
2023 $977 $43,680 $0 $0
2022 $977 $43,680 $0 $0
2021 $977 $43,680 $0 $0
2020 $956 $34,560 $0 $0
2019 $956 $34,560 $0 $0
2018 $913 $34,560 $0 $0
2017 $956 $34,560 $0 $0
2016 $956 $0 $0 $0
2015 $1,869 $34,560 $0 $0
2014 $1,869 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1374226

Greater Chattanooga REALTORS®

APN: 157C-M-016.16