NOT LISTED FOR SALE

Estimated Value: $218,919 - $361,000

-- Bed
2 Baths
1,680 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $485,000 $289 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,582/month

5 Days on Market

Highlights

  • 0.4 Acre Lot
  • Open Floorplan
  • No HOA
  • Westview Elementary School Rated A-
  • Deck
  • Cul-De-Sac

About This Home

As of May 2023

Fantastic investment opportunity in an ever growing area! This duplex has 2 bedrooms and 1 bathroom on both sides, and currently has tenants in both sides. The roof is in good condition, one HVAC is about 4yr old, the other around 8-9 years old.
Agent has personal interest in this property. Information is deemed reliable but not guaranteed. Buyer should verify information of concern, including but not limited to schools and square footage. Property is being sold as is.

Contact listing broker for questions.

Property to be sold as a package with 9334 Lancer Ln, MLS #1370913

Last Agent to Sell the Property

Wes Harrington

Veridical Realty, LLC License #349706 Listed on: 03/23/2023

Last Buyer's Agent

Kristen Murza

Keller Williams Realty License #362294

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1974

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 110x140
  • Cul-De-Sac
  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Stove
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Westview Elementary School
  • East Hamilton Middle School
  • East Hamilton High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 159m E 022

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hamlet Villa Subdivision

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Lot Size: 110X140
  • Subdivision Name: Hamlet Villa
  • Directions: Take I75 to exit 3A to merge onto TN-320 E/E Brainerd Rd, Turn left onto Hamlet Dr, Turn right onto Lancer Ln
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1680.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 159m E 022
  • Location Tax and Legal Elementary School: Westview Elementary
  • Location Tax and Legal High School: East Hamilton
  • Location Tax and Legal:Tax Annual Amount: 1070.43
  • 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: 0.4
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Dimensions: 110X140
  • 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
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Hamilton
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: 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
  • 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: Westview Elementary
  • High School: East Hamilton
  • Middle Or Junior School: East Hamilton

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 159m E 022
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0

Tax Info

  • Tax Annual Amount: 1070.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 2, 2023
Sold by
40X40 Properties Llc
Bought by
Campinelli Llc
Seller's Agent
Wes Harrington
Veridical Realty, LLC
Buyer's Agent
Kristen Murza
Keller Williams Realty
List Price
$260,000
Sold Price
$485,000
Premium/Discount to List
$225,000
86.54%
Views
40
Current Estimated Value
$285,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,520
Avg. Annual Appreciation
-19.17%
Original Mortgage
$388,000
Outstanding Balance
$222,730
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$62,750

Purchase Details

Closed on
May 14, 2021
Sold by
Harrington Wesley and Harrington Jessica
Bought by
40X40 Properties Llc

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jun 5, 2017
Sold by
Trew Richard Earl and Trew Doris Irene
Bought by
Harrington Wesley and Harrington Jessica
List Price
$111,000
Sold Price
$105,500
Premium/Discount to List
-$5,500
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$84,400
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2005
Sold by
Tyler Charles E
Bought by
Tyler Lee Ann

Purchase Details

Closed on
Jul 6, 2001
Sold by
Tyler Lee Ann and Tyler Charles E
Bought by
Trew Richard Earl and Trew Doris Irene
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
Campinelli Llc $485,000 First Choice Title
40X40 Properties Llc -- First Choice Title Inc
Harrington Wesley $105,500 Warranty Title Ins Co Inc
Tyler Lee Ann -- --
Trew Richard Earl $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campinelli Llc $388,000
Previous Owner Harrington Wesley $84,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $485,000 +86.5% $289 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $260,000 +146.4% $155 / Sq Ft
06/05/2017 06/05/17 Sold $105,500 -5.0% $63 / Sq Ft View Prior Sale
04/20/2017 04/20/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $111,000 -- $66 / 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 $1,052 $47,040 $0 $0
2023 $1,070 $47,040 $0 $0
2022 $1,070 $47,040 $0 $0
2021 $1,070 $47,040 $0 $0
2020 $1,101 $39,160 $0 $0
2019 $1,101 $39,160 $0 $0
2018 $1,101 $39,160 $0 $0
2017 $1,101 $39,160 $0 $0
2016 $935 $0 $0 $0
2015 $935 $33,160 $0 $0
2014 $935 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1370914

Greater Chattanooga REALTORS®

APN: 159M-E-022