Chattanooga

Friedman Street (Market: Chattanooga, Tennessee)

Address:
Friedman Street

3 Bed / 1.5 Bath
Year Built: 1994
House Size: 1,500 Sq Ft

SUMMARY

Purchased for $137,000 in 2019
Comparable properties were selling for $145,000 – $160,000
Located in high-demand upper middle class neighborhood in Chattanooga, TN
Renting for $1,350 per month
Current market value after rehab*: $150,000

*Source: Recent sales comps; February 11, 2019
MARKET INFORMATION
Market Information: Chattanooga, Tennessee

Freedom Street (Market: Chattanooga)

Address:
Freedom Street

4 Bed / 2.0 Bath
Year Built: 2015
House Size: 1,865 Sq Ft

SUMMARY

Purchased for $153,000 in 2019
Comparable properties were selling for $165,000
Located in high-demand upper middle class neighborhood in the Austin area
Renting for $1,375 per month
Estimated market value post rehab*: $180,000

*Source: Recent sales comps; February 11, 2019
MARKET INFORMATION
Market Information: Chattanooga, Tennessee

Liberty Circle (Market: Chattanooga, Tennessee)

Address:
Liberty Circle

3 Bed / 2.0 Bath
Year Built: 1972
House Size: 1,579 Sq Ft

SUMMARY

Purchased for $133,000 in 2018
Comparable properties were selling for $140,000 to $160,000
Located in high-demand / rental rate upper middle class neighborhood in Chattanooga, Tennessee
Renting for $1,348 per month
Current market value*: $150,000

*Source: Zillow; July 15, 2018
MARKET INFORMATION
Market Information: Chattanooga, Tennessee