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1037 Thelmeta Avenue

1037 Thelmeta Avenue, Chattanooga, TN 37421
Sold May 25, 2022
$350,000
$343,660 by Ark-la-tex Financial Services
Mortgage Due Jun 01, 2052
Sold Sep 18, 2020
$222,000
$215,340 by Cogent Bank
Mortgage Due Oct 01, 2050
1037 Thelmeta Avenue in Chattanooga, TN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1037 Thelmeta Avenue has 1,889 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 1,860 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 32,550 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. For those who need parking, there is a garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1037 Thelmeta Avenue sold most recently in May 24, 2022 for a total of $350,000. If you work out the math, that's approximately a cost of $185.28 per sqft. Before that, the property was also sold for $222,000 in Sep 17, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,036 in taxes each year. 1037 Thelmeta Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,325. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: E
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 32,550
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,860
  • Total Building Area: 1,889
  • Building Area: 1,889
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,889
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ENGLETON HEIGHTS
  • Land Acres: 0.747
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3291 04 07 LOT 55,56 ENGELTON HGT S PB 15 PG 8

Ownership

  • Current Owner : NEEDHAM ASHLEY KNABLE
  • Current Owner 2: NEEDHAM MICHAEL ANIL
  • Previous Owner : LEE STEGER PARKER
  • Previous Owner 2: LEE SHELBY N
  • Owner Before Previous Owner: PLANK DELMER E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011326

Zoning

  • Zoning: R1

Geography

  • Account Number: 0000117306
  • District: 1
  • Parcel: 171A D 020
  • Municipality: CHATTANOOGA
  • Latitude: 35.0028
  • Longitude: -85.153

    Address

  • Full Address: 1037 Thelmeta Ave
  • Address - House Number: 1037
  • Address - Street Name: Thelmeta
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C037
  • 4-Digit Zip Code: 4264
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 2,128
  • Tax Year: 2023
  • Tax Amount: $1,036

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 379,976
  • High Value: 484,407
  • Low Value: 275,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,660
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Loan Amount: $343,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $185,300
  • Market Land Value: $50,000
  • Market Improvement Value: $135,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,325

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Transaction ID: 11888883254
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 199
  • Previous Sale Recording Date: Sep 18, 2020
  • Previous Sale Contract Date: Sep 17, 2020
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 25, 2022
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Sep 18, 2020
  • Previous Mortgage Loan Amount: $215,340
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 1037 Thelmeta Avenue located in?
The 1037 Thelmeta Avenue is a house located in the neighborhood of East Brainerd in East Brainerd, Chattanooga.
What is the average sales price for listings in 1037 Thelmeta Avenue?
The average sales price for units in 1037 Thelmeta Avenue is $0 currently.

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