Seller's Agent in 2023
Cindy Chase
Crye-Leike, REALTORS
(423) 595-1308
63 Total Sales
984 Cedar Springs Rd SE Cleveland, TN 37323
Estimated Value: $253,181 - $350,000
--
Bed
4
Baths
5,900
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Efficiency Studio
- Cooling Available
- No HOA
- Brick Exterior Construction
- Level Lot
About This Home
As of July 20232 buildings of single level apartments 1BR/1BA for a great investment @ 100% occupancy. Located in a rural setting with several long term renters. Many upgrades made to the mechanics and aesthetics of most all of them...ie. flooring, Heating and cooling units, 1 completely new septic tank and appliances as needed. List provided of rents, expenses and upgrades upon request.
Last Agent to Sell the Property
Crye-Leike, REALTORS License #282144 Listed on: 05/15/2023
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,993
Year Built
- Built in 1972
Lot Details
- 4 Acre Lot
- Lot Dimensions are 230x369x230x360
- Rural Setting
- Level Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Metal Roof
Interior Spaces
- 5,900 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Efficiency Studio
- Stove
Schools
- Valley View Elementary School
- Lake Forest Middle School
Utilities
- Cooling Available
- Heating Available
- Septic Tank
- Cable TV Available
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 088 038.08 & 088 038.09
Community Details
Overview
- No Home Owners Association
- 11 Units
Building Details
- Gross Income $74,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2023
Closed on
Jul 21, 2023
Sold by
Tinker Arch R and Tinker Vanessa L
Bought by
Property Bizness 5 Llc
Seller's Agent
Cindy Chase
Crye-Leike, REALTORS
Buyer's Agent
Gregory Depasquale
Keller Williams Realty
List Price
$725,000
Sold Price
$687,500
Premium/Discount to List
-$37,500
-5.17%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$374,440
Avg. Annual Appreciation
-37.51%
Original Mortgage
$507,500
Outstanding Balance
$493,527
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$218,713
Purchase Details
Closed on
Nov 30, 2017
Sold by
Jacobsen Donald A and Jacobsen Travis
Bought by
Tinker Arch R and Tinker Vansessa L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Property Bizness 5 Llc | $687,500 | Realty Title | |
| Tinker Arch R | $320,000 | Realty Title And Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Property Bizness 5 Llc | $507,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $687,500 | -5.2% | $117 / Sq Ft |
| 05/18/2023 05/18/23 | Off Market | $725,000 | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $725,000 | -- | $123 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $562 | $31,360 | $9,920 | $21,440 |
| 2023 | $562 | $31,360 | $9,920 | $21,440 |
| 2022 | $562 | $31,360 | $9,920 | $21,440 |
| 2021 | $562 | $31,360 | $0 | $0 |
| 2020 | $931 | $31,360 | $0 | $0 |
| 2019 | $931 | $41,920 | $0 | $0 |
| 2018 | $880 | $0 | $0 | $0 |
| 2017 | $862 | $0 | $0 | $0 |
| 2016 | $862 | $0 | $0 | $0 |
| 2015 | $833 | $0 | $0 | $0 |
| 2014 | $704 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Chase
-
Gregory Depasquale
Buyer's Agent in 2023
Gregory Depasquale
Keller Williams Realty
(423) 664-3074
73 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1373504
APN: 088-038.09
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