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1 Lynncrest Drive

1 Lynncrest Drive, Chattanooga, TN 37411
Sold Oct 12, 2021
$400,000
$320,000 by Highlands Residential Mortgage
Mortgage Due Nov 01, 2051
1 Lynncrest Drive has been categorized by the local assessors in Chattanooga, TN as a residential type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1974. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1 Lynncrest Drive has 4,294 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,391 ft and across the front of the lot is 505 ft. The area measurement of the land has been determined as 7,025 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Oct 8, 2021 for $400,000. That's $93.15 per sqft. 1 Lynncrest Drive was last assessed in 2023. The total value of the property was assessed at $92,675. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,446. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,025
  • Lot Size Depth Feet: 1,391
  • Lot Size Frontage Feet: 505
  • Total Building Area: 4,294
  • Building Area: 4,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHEPHERD KNOLLS
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 9 SHEPHERD KNOLLS PB 812 PG 85

Ownership

  • Current Owner : FACEY ALEXANDRIA SEDLANDER
  • Current Owner 2: FACEY MATTHEW ROBERT
  • Previous Owner : SMITH BARTOLONI JULIE BETH
  • Previous Owner 2: SMITH BELTRAN RACHEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 003300

Geography

  • Assessors Map Reference: MB 812 PG 85
  • Account Number: 0000079517
  • District: 2R
  • Parcel: 147I D 004
  • Lot: 9
  • Municipality: RIDGESIDE
  • Latitude: 35.0335
  • Longitude: -85.2453

    Address

  • Full Address: 1 Lynncrest Dr
  • Address - House Number: 1
  • Address - Street Name: Lynncrest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C009
  • 4-Digit Zip Code: 1810
  • Zip Code: 37411

Valuation

    Tax

  • Total Area: 3,740
  • Tax Year: 2023
  • Tax Amount: $4,446

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 586,523
  • High Value: 728,558
  • Low Value: 444,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $370,700
  • Market Land Value: $45,000
  • Market Improvement Value: $325,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,675

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859387841
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021101200339

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 1 Lynncrest Drive located in?
The 1 Lynncrest Drive is a located in the neighborhood of Woodmore - Dalewood in Woodmore - Dalewood, Chattanooga.
What is the average sales price for listings in 1 Lynncrest Drive?
The average sales price for units in 1 Lynncrest Drive is $0 currently.

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