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1035 Balmoral Drive

1035 Balmoral Drive, Signal Mountain, TN 37377
Sold May 20, 2021
$480,000
$405,000 by State Employees Cu
Mortgage Due Jun 01, 2051
Sold Feb 04, 2011
$194,000
$183,996 by Regions Mortgage
Mortgage Due Feb 01, 2041
1035 Balmoral Drive in Signal Mountain, TN was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1035 Balmoral Drive has 2,034 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,350 ft and the linear feet between the front and back of the lot is 1,577. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a central heating system. The property was last sold in May 18, 2021 for $480,000. That's $235.99 per sqft. Prior to that sales transaction, the property was also sold in Jan 31, 2011 for $194,000. 1035 Balmoral Drive was last assessed in 2023. The total value of the property was assessed at $63,175. 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 $1,413. 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Wood shingle
  • 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: 43,560
  • Lot Size Depth Feet: 1,577
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 2,034
  • Building Area: 2,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BALMORAL
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 4 BLK 2 BALMORAL SUB PB21 PG69

Ownership

  • Current Owner : OVERACKER ALLISON C
  • Current Owner 2: OVERACKER MARK H
  • Previous Owner : MOSS REBECCA A
  • Previous Owner 2: MOSS BRIAN W
  • Owner Before Previous Owner: FRANKLIN HENRY T
  • Owner Before Previous Owner 2: CARTER TERESA W

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010902

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 21 PG 69
  • Account Number: 0000042477
  • District: 1
  • Parcel: 117H B 007
  • Block: 2
  • Lot: 4
  • Municipality: CHATTANOOGA
  • Latitude: 35.1066
  • Longitude: -85.3445

    Address

  • Full Address: 1035 Balmoral Dr
  • Address - House Number: 1035
  • Address - Street Name: Balmoral
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Signal Mountain
  • Carrier Code: C007
  • 4-Digit Zip Code: 2903
  • Zip Code: 37377

Valuation

    Tax

  • Total Area: 2,162
  • Tax Year: 2023
  • Tax Amount: $1,413

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 519,297
  • High Value: 643,388
  • Low Value: 395,206

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: CLEARVIEW FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 25, 2023
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 25, 2053

    Market Valuation

  • Market Total Value: $252,700
  • Market Land Value: $60,000
  • Market Improvement Value: $192,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,175

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11835955075
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021052000074
  • Previous Sale Recording Date: Feb 04, 2011
  • Previous Sale Contract Date: Jan 31, 2011
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Feb 04, 2011
  • Previous Mortgage Loan Amount: $183,996
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2041

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Frequently Asked Questions

What neighborhood is 1035 Balmoral Drive located in?
The 1035 Balmoral Drive is a located in the neighborhood of Friends of Mountain Creek in Mountain Creek - Moccasin Bend, Signal Mountain.
What is the average sales price for listings in 1035 Balmoral Drive?
The average sales price for units in 1035 Balmoral Drive is $0 currently.

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