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Chattanooga 37406 Bushtown - Highland Park
2012 Rawlings Street
Photo of 2012 Rawlings Street
Sold on Apr 29, 2022

2

Map

Photo of 2012 Rawlings Street
$75,000
● House - Off Market

2012 Rawlings Street

Chattanooga, TN 37406
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$82,110
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

CALLING INVESTORS AND FLIPPERS!!!! This 2 bedroom, one bathroom house, with a fenced in yard and outdoor garage is being sold AS IS. Being located in the heart of Chattanooga, it's convenient to downtown, hospitals, and numerous parks. Home has great possibilities for rental or even resale. The seller does not want signage and the utilities are currently off. The Suprakey is on the front door and showings are being arranged through ShowingTime.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$74
Property Type
House
Property Taxes
$38
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 29 days ago (Realtracs #RTC2408619)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Apr 11, 2022 Listed by Greater Chattanooga Realty, Keller Williams Realty $81,000
Listed by Greater Chattanooga Realty, Keller Williams Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,625
  • Lot Size Depth Feet: 1,325
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MISSIONARY HEIGHTS
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LT 7 BLK 26 MISSIONARY HEIGHTS PB5 PG29

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 000400

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MB 5 PG 29
  • Account Number: 0000072377
  • District: 1
  • Parcel: 146C E 012
  • Block: 26
  • Lot: 7
  • Municipality: CHATTANOOGA
  • Latitude: 35.0466
  • Longitude: -85.2665

    Address

  • Full Address: 2012 Rawlings St
  • Address - House Number: 2012
  • Address - Street Name: Rawlings
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C004
  • 4-Digit Zip Code: 4235
  • Zip Code: 37406

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2023
  • Tax Amount: $22,429

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 388,201
  • High Value: 564,521
  • Low Value: 211,880

    Market Valuation

  • Market Total Value: $40,100
  • Market Land Value: $10,000
  • Market Improvement Value: $30,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,025

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 225
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bushtown - Highland Park

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$221

Below Asking

0.02%

Average Days on Market

112

Average Home Size

1478 ft²

Average Home Age

54.3 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Landis Batts, Greater Chattanooga Realty, Keller Williams Realty
Last Updated: 29 days ago
Data Source: Realtracs, MLS# RTC2408619
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2012 Rawlings Street built and last sold?
The property at 2012 Rawlings Street was built in 1920 and last sold on Apr 27, 2022 for $75,000.
How much is this home worth?
The estimated value of the home located at 2012 Rawlings Street is $90,885.
What are some comparable homes to 2012 Rawlings Street?
There are currently no comparable homes to 2012 Rawlings Street.
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