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Sold for $875,000
  • $875,000

    16 Pioneer Ln, Ringgold, GA 30736

    13beds
    3,977sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $687,900 Zestimate®
    $220/sqft
    $1,326 Estimated rent

    Home value

    $687,900

    $605,000 - $770,000

    $1,326/mo

    Zestimate® history
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    What's special

    SELLER OFFERING OWNER FINANCING ON AN INCOME PROPERTY! 9 units in Ringgold approximately 20 minutes from downtown Chattanooga and convenient to Camp Jordan, East Brainerd, East Ridge and more! This well cared for property comes fully furnished and fully leased with the potential to convert to short-term rentals in the future if preferred. There are currently 9 units with the owner occupying the 2-bedroom unit, a one-bedroom unit, and the remainder are studios in varying sizes and configurations. The front house was originally a ranch style home which has been converted into 5 units with the rear guest house having 4 additional units plus the common laundry facility. The owner's unit is on the main level in the back building and has a kitchen open to the dining room which in turn opens to the living area. The living and dining areas have large picture windows overlooking the backyard and great natural light. The master bedroom has 2 closets, one of which is a large walk-in closet with a stackable washer and dryer. It also has shared access to the full bath with jetted tub and a separate tiled shower. In addition to being furnished, the other units feature hardwood, tile and carpet, closet systems. appliances, bedding, and linens, and 3 of the units have their own washers and dryers. There are nice outdoor living spaces with a central patio area adjoining the front and back buildings, a covered porch with entry to a common foyer on the front house and upper and lower covered decks on the back house. The front house also has an enclosed porch that is currently being used as a storage room that could potentially be converted to another studio with access to both a common and private deck. A detached outbuilding provides additional storage or workshop needs. For parking, there is a driveway on one side and a spacious common parking area on the other. For parking there is a driveway on one side and a spacious common parking area on the other. A level backyard and attractive landscaping complete the package. Please call for additional information and to schedule a showing. Due to number of tenants, varying work schedules and lease requirements, initial showings to include owner's unit, plus a sampling of other units with showings of all units to be accommodated once property is under contract with 72 hours' notice to the tenants per lease requirements. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Robinson 423-903-6404,

    Keller Williams Realty

    Bought with:

    Tevan Pickett, 362428

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1376746

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Central, Electric, Space Heater
    Cooling
    • Central Air, Electric, Multi Units, Window Unit(s), Wall Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Open Floorplan
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,977
    • Total interior livable area: 3,977 sqft

    Property

    Parking
    • Parking features: Kitchen Level
    • Has garage: Yes
    Features
    • Levels: One,Two
    • Patio & porch: Deck, Patio
    • Exterior features: Private Yard
    Lot
    • Size: 0.48 Acres
    • Dimensions: 140 x 150
    • Features: Level
    Details
    • Parcel number: 0020d061

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Other
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Ringgold

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $811,525
    • Annual tax amount: $1,915
    • Date on market: 7/18/2023
    • Listing terms: Cash,Owner May Carry
    • Tenant pays: None

    Price history

    DateEventPrice
    4/20/2026Listing removed$1,395
    Source: Zillow Rentals Report a problem
    3/23/2026Listed for rent$1,395-6.7%
    Source: Zillow Rentals Report a problem
    8/21/2024Listing removed$1,495
    Source: Zillow Rentals Report a problem
    8/9/2024Price change$1,495-6.6%
    Source: Zillow Rentals Report a problem
    6/11/2024Listed for rent$1,600
    Source: Zillow Rentals Report a problem
    3/15/2024Sold$875,000-2.2%$220/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem
    1/5/2024Contingent$895,000$225/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem
    11/15/2023Price change$895,000-10.1%$225/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem
    10/7/2023Price change$995,000-6.1%$250/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem
    10/1/2023Price change$1,060,000-11.3%$267/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem
    7/18/2023Listed for sale$1,195,000$300/sqft
    Source: Greater Chattanooga Realtors #1376746 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,163 -3.6%$324,610
    2024$6,393 +178.1%$324,610 +195.6%
    2023$2,299 +34.2%$109,804 +30.9%
    2022$1,713 $83,881
    2021$1,713 +2.8%$83,881 +14.5%
    2020$1,667 $73,277
    2019$1,667 -3.6%$73,277 +1.8%
    2018$1,729 -4.1%$71,989 -1.4%
    2017$1,803 $72,980 +6.9%
    2016-- $68,240
    2015-- $68,240
    2014-- $68,240 -0.5%
    2013-- $68,570
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: Indian Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Graysville Elementary School
    • Middle: Ringgold Middle
    • High: Ringgold High School

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $687,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $687,900