NOT LISTED FOR SALE

949 Fortwood St Chattanooga, TN 37403

Arts District Neighborhood
-- Bed
-- Bath
13,502 Sq Ft
0.43 Acres

Last Sold January 09, 2012

Last sale price $390,000 $29 Per Sq Ft

46 Days on Market

Highlights

  • The property is located in a historic district
  • Private Yard
  • Eat-In Kitchen
  • Open Floorplan
  • No HOA
  • Brick Exterior Construction

About This Home

As of January 2012

20 Units; 18 Units rented or ready to rent at time of listing. Units are 2 Bedroom, 1 Bath. $7,500 GMI potential at $375 per unit. Lowest current rent is $270.00 with long term tenant. Updated electrical system and recent new roof.

Last Agent to Sell the Property

Darwin White

RE/MAX Properties Listed on: 08/12/2011

Last Buyer's Agent

Jonathan Campbell

Crye-Leike, REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 155 x 120
  • Level Lot
  • Private Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone

Interior Spaces

  • 13,502 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Location

  • The property is located in a historic district

Schools

  • Brown Academy 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
  • Baseboard Heating

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 146A N 039

Community Details

Overview

  • No Home Owners Association
  • 20 Units
  • Fortwood Addn Subdivision

Building Details

  • Gross Income $74,640

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,541

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 155 X 120
  • Subdivision Name: Fortwood Addn
  • Directions: McCallie Ave toward Downtown, Right on Central, Corner of Central and Fortwood St, 2 blocks from Erlanger Hospital.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 13502.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Location Tax and Legal Parcel Number2: 146A N 039
  • Location Tax and Legal Elementary School: Brown Academy
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 5541.0
  • 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 Dimensions: 155 X 120
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • General Property Information Stories2: 2
  • Cooling:Window Unit(s): Yes
  • Parking Features Kitchen Level2: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Number Of Units Total2: 20.0
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Community Features:Historic District: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Level, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • 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: Baseboard
  • Heating Yn: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 146A N 039

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 20
  • Annual Gross Income: 74640.0

Tax Info

  • Tax Annual Amount: 5541.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $390,000 -17.9% $29 / Sq Ft
09/27/2011 09/27/11 Pending -- -- --
08/12/2011 08/12/11 For Sale $475,000 -- $35 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darwin White

    RE/MAX Properties

  • J

    Buyer's Agent in 2012

    Jonathan Campbell

    Crye-Leike, REALTORS

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1167462

Greater Chattanooga REALTORS®

APN: 146A N 039

Tennessee Hamilton County Chattanooga 37403 Arts District

949 Fortwood St, Chattanooga, TN

This home is located at 949 Fortwood St, Chattanooga, TN 37403 since 12 August 2011. This property was built in 1940. 949 Fortwood St is a home located in Hamilton County with nearby schools including Tommie F. Brown International Academy, IB World School, Orchard Knob Middle School, and The Howard School.

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