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1101 Mississippi Avenue

1101 Mississippi Avenue, Chattanooga, TN 37405
Sold Dec 03, 2021
$505,000
$505,000 by Cogent Bank
Mortgage Due Dec 01, 2051
Sold Feb 13, 2018
$315,000
$125,000 by Primelending
Mortgage Due Mar 01, 2048
Local assessors in Chattanooga, TN have categorized 1101 Mississippi Avenue as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 9,675 square feet. The linear feet between the front and back of the lot was measured at 1,303 ft and the front of the lot was measured at 742 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1101 Mississippi Avenue has a total of 1,931 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a gable or hip style roof that was made of asphalt. Lots of wood shingle were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. 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, 1101 Mississippi Avenue sold most recently in Dec 2, 2021 for a total of $505,000. If you work out the math, that's approximately a cost of $261.52 per sqft. Before that, the property was also sold for $315,000 in Feb 9, 2018. 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 $2,053 in taxes each year. 1101 Mississippi Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,775. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D+
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,675
  • Lot Size Depth Feet: 1,303
  • Lot Size Frontage Feet: 742
  • Total Building Area: 1,931
  • Building Area: 1,931
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,931
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORMAL PARK CORRECTE
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 11 BLK 17 NORMAL PARK CORRECTED PB4 PG41 REV 54-156 REV 93-62

Ownership

  • Current Owner : JUNEJA VINAY K
  • Previous Owner : PANJWANI REENA
  • Previous Owner 2: WOODCOCK BRENDAN
  • Owner Before Previous Owner: PHILLIPS MATTHEW B
  • Owner Before Previous Owner 2: PHILLIPS TIFFANY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 000700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 4 PG 41
  • Account Number: 0000061170
  • District: 1
  • Parcel: 136A N 041
  • Block: 17
  • Lot: 11
  • Municipality: CHATTANOOGA
  • Latitude: 35.068
  • Longitude: -85.2947

    Address

  • Full Address: 1101 Mississippi Ave
  • Address - House Number: 1101
  • Address - Street Name: Mississippi
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C005
  • 4-Digit Zip Code: 3625
  • Zip Code: 37405

Valuation

    Tax

  • Total Area: 2,060
  • Tax Year: 2023
  • Tax Amount: $2,053

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 386,689
  • High Value: 562,322
  • Low Value: 211,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $505,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $505,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $367,100
  • Market Land Value: $150,000
  • Market Improvement Value: $217,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,775

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11871598756
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021120300223
  • Previous Sale Recording Date: Feb 13, 2018
  • Previous Sale Contract Date: Feb 09, 2018
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $505,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Feb 13, 2018
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Riverview - Stuart Heights



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Nearby Rentals

Unit for rent at 2927 Nurick Dr, Chattanooga, TN, 37415

$1,900 /mo

  • 3 Beds
  • 2 Baths
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2927 Nurick Dr, Chattanooga, TN, 37415 Listing by Jim Mullenix

Frequently Asked Questions

What neighborhood is 1101 Mississippi Avenue located in?
The 1101 Mississippi Avenue is a located in the neighborhood of Riverview - Stuart Heights in Riverview - Stuart Heights, Chattanooga.
What is the average sales price for listings in 1101 Mississippi Avenue?
The average sales price for units in 1101 Mississippi Avenue is $0 currently.

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