Seller's Agent in 2025
Calvin Shropshire
EXP Realty,LLC
(423) 207-4489
7 in this area
246 Total Sales
Estimated Value: $389,000 - $401,000
Studio
3
Baths
2,712
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- No HOA
- Efficiency Studio
- Furnished
- Den
- Formal Dining Room
About This Home
As of November 2025The Blue Oak Portfolio offers four fully occupied, income-producing rental homes in the desirable Blue Oak community. Each property is professionally managed, well-maintained, and provides consistent monthly cash flow, making this a strong, low-maintenance addition to any investment portfolio. Generating over $158,000 in annual income with an estimated 6.3% cap rate, this portfolio delivers immediate returns and long-term appreciation potential. It is ideal for investors or 1031 exchange buyers seeking reliable performance in a high-demand area. All properties are tenant-occupied with proven rental history and stable management already in place. This is a true turnkey opportunity for anyone looking to acquire performing assets with minimal effort required. The portfolio is offered as a complete package for $1,675,000, but the seller is also willing to sell the homes separately. Contact the listing agent for financial details and additional information.
Last Agent to Sell the Property
EXP Realty,LLC License #301898 Listed on: 10/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,625
Year Built
- Built in 1998
Lot Details
- 1 Acre Lot
- Paved or Partially Paved Lot
Home Design
- Duplex
- Contemporary Architecture
- Slab Foundation
- Shake Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,712 Sq Ft Home
- Furnished
- Living Room
- Formal Dining Room
- Den
- Efficiency Studio
- Washer and Dryer
- Property Views
Kitchen
- Stove
- Microwave
Flooring
- Laminate
- Vinyl
Parking
- Garage
- Off-Street Parking
Schools
- Harrison Elementary School
- Brown Middle School
- Central High School
Utilities
- Central Heating and Cooling System
- Gas Available
- Septic Tank
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- James D Lee Subdivision
Listing and Financial Details
- Assessor Parcel Number 120ca007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2025
Closed on
Nov 21, 2025
Sold by
Riverside Houses Llc
Bought by
88 Sherwood Llc
Seller's Agent
Calvin Shropshire
EXP Realty,LLC
Buyer's Agent
Rana Clark
Keller Williams Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
36
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
-$5,000
Avg. Annual Appreciation
-2.64%
Purchase Details
Closed on
Jun 1, 2023
Sold by
Bambrick Evan and Bambrick Michelle
Bought by
Riverside Houses Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
6.79%
Purchase Details
Closed on
Dec 15, 2022
Sold by
Ward Bryan H and Ward Melissa J
Bought by
Bambrick Evan and Hambrick Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2021
Sold by
James D Lee Inc
Bought by
Ward Bryan H and Ward Melissa J
Purchase Details
Closed on
Feb 20, 1996
Sold by
Walls J D
Bought by
James D Lee Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 88 Sherwood Llc | $400,000 | Key Title | |
| Riverside Houses Llc | -- | Ensign Title | |
| Bambrick Evan | $166,726 | Ensign Title | |
| Ward Bryan H | $185,000 | Ensign Title & Escrow Inc | |
| James D Lee Inc | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Riverside Houses Llc | $303,750 | |
| Previous Owner | Bambrick Evan | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $400,000 | -76.1% | $147 / Sq Ft |
| 10/29/2025 10/29/25 | Pending | -- | -- | -- |
| 10/26/2025 10/26/25 | Price Changed | $1,675,000 | +294.1% | $618 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $425,000 | -- | $157 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Agents Affiliated with this Home
-
Calvin Shropshire
-
Rana Clark
Buyer's Agent in 2025
Rana Clark
Keller Williams Realty
(803) 448-8340
5 in this area
39 Total Sales
Source: Greater Chattanooga REALTORS®
MLS Number: 1522136
APN: 120C-A-007
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