D
Seller's Agent in 2023
Dennis Opp
Exit Provision Realty
(423) 240-0231
92 Total Sales
1811 S Ocoee St Cleveland, TN 37311
Estimated Value: $237,000 - $298,000
--
Bed
4
Baths
2,400
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted In Outer Wall Opening
- Garage
- Eat-In Kitchen
- Living Room
- Heating Available
About This Home
As of December 2023Has Tenants - Needs Buyer! - Don't miss out on this investment Opportunity - The multi-family property hosts 4 separate apartments. The perfect income producing property. All 4 units are 1 bedroom/1 bath units. Owner currently pays for water, gas, and electric included in the rent. Current rental rates: $695, $500, $650, $650. Property is being sold ''As Is''.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $809
Year Built
- Built in 1940
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 53''x151''x52''x150''
- Sloped Lot
Home Design
- Quadruplex
- Block Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Living Room
- Finished Basement
Kitchen
- Eat-In Kitchen
- Stove
Parking
- Garage
- Parking Accessed On Kitchen Level
- Off-Street Parking
Schools
- Blythe-Bower Elementary School
- Cleveland Middle School
- Cleveland High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating Available
- Gas Available
Listing and Financial Details
- The owner pays for electricity, gas, sewer, water
- Assessor Parcel Number 057k J 017.00 000
Community Details
Overview
- No Home Owners Association
- 4 Units
- Cross Subdivision
Building Details
- Gross Income $7,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2023
Closed on
Dec 1, 2023
Sold by
Toomey Michael Jerome and Toomey Byron Lebron
Bought by
Arp Russell Luke and Arp Sarah
Seller's Agent
Dennis Opp
Exit Provision Realty
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Total Days on Market
298
Views
738
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
$28,283
Avg. Annual Appreciation
8.39%
Purchase Details
Closed on
Aug 15, 2017
Sold by
Toomey Michael Jerome
Bought by
Toomey Michael Jerome and Toomey Byron Lebron
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 |
|---|---|---|---|
| Arp Russell Luke | $235,000 | Equi Title | |
| Toomey Michael Jerome | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Toomey Michael Jerome | $30,719 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $235,000 | -4.0% | $98 / Sq Ft |
| 10/28/2023 10/28/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | Price Changed | $244,900 | -9.3% | $102 / Sq Ft |
| 02/13/2023 02/13/23 | For Sale | $269,900 | 0.0% | $112 / Sq Ft |
| 02/05/2023 02/05/23 | Off Market | $269,900 | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $269,900 | 0.0% | $112 / Sq Ft |
| 01/07/2023 01/07/23 | Off Market | $269,900 | -- | -- |
| 01/03/2023 01/03/23 | For Sale | $269,900 | -- | $112 / 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 | $783 | $54,400 | $5,000 | $49,400 |
| 2023 | $810 | $25,680 | $5,000 | $20,680 |
| 2022 | $810 | $25,680 | $5,000 | $20,680 |
| 2021 | $810 | $25,680 | $0 | $0 |
| 2020 | $795 | $25,680 | $0 | $0 |
| 2019 | $795 | $20,680 | $0 | $0 |
| 2018 | $852 | $0 | $0 | $0 |
| 2017 | $426 | $0 | $0 | $0 |
| 2016 | $567 | $0 | $0 | $0 |
| 2015 | $567 | $0 | $0 | $0 |
| 2014 | $292 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Opp
-
Betty Hiefnar-Messer
B
Seller Co-Listing Agent in 2023
Betty Hiefnar-Messer
Exit Provision Realty
(423) 595-8970
131 Total Sales
-
C
Buyer's Agent in 2023
Comps Only
COMPS ONLY
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1367049
APN: 057K-J-017.00
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