NOT LISTED FOR SALE

Estimated Value: $119,000 - $283,000

-- Bed
2 Baths
1,380 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $35,000 $25 Per Sq Ft

Est. 531% increase in value since last sale

Current estimated payment $1,248/month

1 Day on Market

Highlights

  • No HOA
  • Living Room
  • No Heating
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • 1-Story Property

About This Home

As of April 2019

This duplex is ready for a new owner. The front unit is leased with a long tern tenant paying $420 monthly. The back unit is vacant and needs updating to lease. This is an opportunity to get into the rental investment business or a possible flip resale. This property is being sold ''AS IS''.

Last Agent to Sell the Property

Elaine Collins

First Property Management License #329726 Listed on: 04/15/2019

Last Buyer's Agent

Michael Kelly

Scenic South Properties, LLC License #322724

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34x102.73
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Stove

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 146n V 035

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ocoee Land Co Addn Subdivision

Building Details

  • Gross Income $5,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: 34X102.73
  • Subdivision Name: Ocoee Land Co Addn
  • Directions: I-24 W Take exit 181 for 4th Ave Turn right onto 4th Ave Continue onto S Kelly St Turn right onto E Main St Turn left onto S Kelly St Destination will be on the right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1380.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Location Tax and Legal Parcel Number2: 146n V 035
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 968.1
  • 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: 0.08
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information Lot Size Dimensions: 34X102.73
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • 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: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 146n V 035
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 5040.0

Tax Info

  • Tax Annual Amount: 968.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Kammer Holdings Llc
Bought by
Chavez Hector J
Current Estimated Value
$220,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650
Outstanding Balance
$4,531
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$208,581

Purchase Details

Listed on
Apr 15, 2019
Closed on
Apr 27, 2019
Sold by
Mcdonald Sandra B
Bought by
Kammer Holdings Llc
Seller's Agent
Elaine Collins
First Property Management
Buyer's Agent
Michael Kelly
Scenic South Properties, LLC
List Price
$48,500
Sold Price
$35,000
Premium/Discount to List
-$13,500
-27.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.21%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Mcdonald Sandra B and Conti Deborah
Bought by
Mcdonald Sandra B

Purchase Details

Closed on
Jun 22, 2005
Sold by
Blakemore Bill and Blakemore Raquel
Bought by
Baker Stan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,212
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Baker Julius S
Bought by
Blakemore Bill and Blakemore Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2000
Sold by
Wilkinson and Christine
Bought by
Baker Julius S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1997
Sold by
Del Norte Inc
Bought by
Wilkinson Kraig and Wilkinson Christine

Purchase Details

Closed on
Jan 30, 1997
Sold by
Associates Financial Services Co Inc
Bought by
Del Norte Inc

Purchase Details

Closed on
Sep 19, 1996
Sold by
Hamill R Wayne and Hamill Teresa D
Bought by
Associates Financial Services Co Inc
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
Chavez Hector J $183,000 Key Title & Escrow Llc
Kammer Holdings Llc $35,000 None Available
Mcdonald Sandra B -- None Available
Baker Stan $35,000 --
Blakemore Bill $57,000 Liberty Title Insurance Agen
Baker Julius S $34,100 Pioneer Title Agency Inc
Wilkinson Kraig $8,000 First Title
Del Norte Inc $5,544 --
Associates Financial Services Co Inc $46,871 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Hector J $6,650
Open Chavez Hector J $35,000
Previous Owner Kammer Holdings Llc $100,000
Previous Owner Kammer Holdings Llc $245,000
Previous Owner Kammer Holdings Llc $50,000
Previous Owner Baker Stan $31,212
Previous Owner Blakemore Bill $50,000
Previous Owner Baker Julius S $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $35,000 -27.8% $25 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $48,500 -- $35 / 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 $533 $23,840 $0 $0
2023 $533 $23,840 $0 $0
2022 $533 $23,840 $0 $0
2021 $533 $23,840 $0 $0
2020 $531 $19,200 $0 $0
2019 $531 $19,200 $0 $0
2018 $564 $19,200 $0 $0
2017 $531 $19,200 $0 $0
2016 $465 $0 $0 $0
2015 $968 $16,800 $0 $0
2014 $968 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1296805

Greater Chattanooga REALTORS®

APN: 146N-V-035