Immediate Cash flow opportunity!!! Teakwood Dr. is located in the Harrison area, near the shores of Chickamauga Lake. This is a brick duplex, located off of Hwy 58 near Hwy 153. Each unit has all appliances and of course this area offers some lovely neighborhood amenities. A few luxuries of Lakeshore Heights include Booker T Washington State Park, where there is access to fishing, hiking, and boating on the lake. Shopping is very convenient being near FoodCity, Neighborhood Walmart, and only 15-20 minutes from Northgate Mall. Also, schools zoned for this area are great. This could be a great investment property with about 2,200 per month of total rental income. This 2bd 1bath per unit-duplex has potential to be a very attractive investment for a very attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.
Sold for $257,000
$257,000
3971 Teakwood Dr, Chattanooga, TN 37416
4beds
1,920sqft
Duplex
Built in 1969
-- sqft lot
$262,100 Zestimate®
$134/sqft
$1,611 Estimated rent
Home value
$262,100
$241,000 - $286,000
$1,611/mo
Zestimate® history
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Brick duplex
Zillow last checked:
Listing updated:
Listed by:
Markia Chappell 423-933-6805,
Keller Williams Realty
Bought with:
Charles Jabaley, 352704
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1503684
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Tub/shower Combo, Plumbed, Eat-in Kitchen
- Flooring: Vinyl
- Windows: ENERGY STAR Qualified Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Patio & porch: Patio, Porch, Porch - Covered
- Fencing: Back Yard
Lot
- Size: 2 Square Feet
- Dimensions: 90 x 121.4
- Features: Front Yard
Details
- Parcel number: 120o H 021
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Concrete
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Fishing, Lake, Restaurant
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Harbor Place
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $268,800
- Annual tax amount: $2,423
- Date on market: 11/24/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2025 | Sold | $257,000-4.5%$134/sqft |
Source: Greater Chattanooga Realtors #1503684 Report a problem | ||
| 2/2/2025 | Contingent | $269,000$140/sqft |
Source: Greater Chattanooga Realtors #1503684 Report a problem | ||
| 12/26/2024 | Price change | $269,000-3.6%$140/sqft |
Source: Greater Chattanooga Realtors #1503684 Report a problem | ||
| 12/11/2024 | Price change | $279,000-2.1%$145/sqft |
Source: Greater Chattanooga Realtors #1503684 Report a problem | ||
| 11/24/2024 | Listed for sale | $285,000+463.8%$148/sqft |
Source: Greater Chattanooga Realtors #1503684 Report a problem | ||
| 1/27/2014 | Sold | $50,553+1.1%$26/sqft |
Source: Public Record Report a problem | ||
| 1/13/2014 | Price change | $50,000-23.1%$26/sqft |
Source: Best Realty Inc. #20133780 Report a problem | ||
| 1/10/2014 | Price change | $65,000-4.4%$34/sqft |
Source: Best Realty Inc. #20133780 Report a problem | ||
| 12/28/2013 | Price change | $68,000-5.6%$35/sqft |
Source: Best Realty Inc. #20133780 Report a problem | ||
| 12/12/2013 | Price change | $72,000-4%$38/sqft |
Source: Best Realty Inc. #20133780 Report a problem | ||
| 10/12/2013 | Listed for sale | $75,000$39/sqft |
Source: NO COMPANY PROVIDED #20133780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,630 +34.9% | $107,520 +99.1% |
| 2024 | $1,208 | $54,000 |
| 2023 | $1,208 | $54,000 |
| 2022 | $1,208 | $54,000 |
| 2021 | $1,208 +37.9% | $54,000 +70.5% |
| 2020 | $876 | $31,680 |
| 2019 | $876 | $31,680 |
| 2018 | $876 -49.2% | $31,680 |
| 2017 | $1,724 +8.4% | $31,680 |
| 2016 | $1,591 | -- |
| 2015 | $1,591 | $29,080 |
| 2014 | $1,591 +36.6% | -- |
| 2013 | $1,165 | $34,440 -18.2% |
| 2012 | $1,165 | $42,120 |
| 2011 | $1,165 | $42,120 |
| 2010 | $1,165 | $42,120 |
| 2009 | $1,165 | $42,120 +30.5% |
| 2008 | -- | $32,280 |
| 2007 | -- | $32,280 |
| 2006 | -- | $32,280 |
| 2005 | -- | $32,280 +3.5% |
| 2004 | -- | $31,200 |
| 2003 | -- | $31,200 |
| 2002 | -- | $31,200 |
| 2001 | -- | $31,200 -12.1% |
| 2000 | -- | $35,480 |
Find assessor info on the county website
Neighborhood: 37416
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Nearby schools
GreatSchools rating
- 2/10Harrison Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 5/10Brown Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Harrison Elementary
- Middle: Brown Middle
- High: Central 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
$262,100
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
$262,100
- Tennessee
- Hamilton County
- Chattanooga
- 37416
- 3971 Teakwood Dr
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