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1111 Carter Drive

1111 Carter Drive, Chattanooga, TN 37415
Sold Dec 22, 2006
$274,000
$80,000 by The Krug Trust
Mortgage Due Dec 22, 2036
Sold Jan 23, 2006
$260,000
$208,000 by Suntrust Mortgage Inc
Mortgage Due Feb 01, 2036
Local assessors in Chattanooga, TN have categorized 1111 Carter Drive as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,436 ft and the front of the lot was measured at 2,458 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 1111 Carter Drive has a total of 2,946 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 - C. The building has a gable or hip style roof that was made of asphalt. Lots of brick 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, 1111 Carter Drive sold most recently in Dec 21, 2006 for a total of $274,000. If you work out the math, that's approximately a cost of $93.01 per sqft. Before that, the property was also sold for $260,000 in Jan 23, 2006. 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 $1,895 in taxes each year. 1111 Carter Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $84,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1963
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • 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: 43,560
  • Lot Size Depth Feet: 1,436
  • Lot Size Frontage Feet: 2,458
  • Total Building Area: 2,946
  • Building Area: 2,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVERMONT PLACE UNIT TWO
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 25 RIVERMONT PLACE UNIT 2 PB 21 PG 82

Ownership

  • Current Owner : KRUG STEVEN E
  • Current Owner 2: KRUG CHRISTINE O
  • Previous Owner : COMBS ANTHONY E
  • Previous Owner 2: COMBS KAREN S
  • Owner Before Previous Owner: HUNTLEY LAUREL M
  • Owner Before Previous Owner 2: MAFFETT LAUREL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010502

Zoning

  • Zoning: R1

Geography

  • Account Number: 0000046111
  • District: 1
  • Parcel: 118K A 034
  • Municipality: CHATTANOOGA
  • Latitude: 35.1007
  • Longitude: -85.2698

    Address

  • Full Address: 1111 Carter Dr
  • Address - House Number: 1111
  • Address - Street Name: Carter
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C006
  • 4-Digit Zip Code: 5603
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 2,943
  • Tax Year: 2023
  • Tax Amount: $1,895

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 533,475
  • High Value: 644,797
  • Low Value: 422,152

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: THE KRUG TRUST
  • First Open Lien Mortgage Recording Date: Dec 22, 2006
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 22, 2036
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Dec 12, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • 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: Dec 02, 2053

    Market Valuation

  • Market Total Value: $338,800
  • Market Land Value: $60,000
  • Market Improvement Value: $278,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,700

    Sales

  • Current Sale Contract Date: Dec 21, 2006
  • Current Sale Recording Date: Dec 22, 2006
  • Current Sale Transaction ID: 1107295964
  • Current Sale Price: $274,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006122200137
  • Previous Sale Recording Date: Jan 23, 2006
  • Previous Sale Contract Date: Jan 23, 2006
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE KRUG TRUST
  • First Mortgage Transaction Date: Dec 22, 2006
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 23, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About Riverview - Stuart Heights



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Nearby Rentals

Unit for rent at 1128 W Mississippi Ave, Chattanooga, TN, 37405

$2,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,904 ft²
1128 W Mississippi Ave, Chattanooga, TN, 37405 Listing by Jay Robinson

Frequently Asked Questions

What neighborhood is 1111 Carter Drive located in?
The 1111 Carter Drive is a located in the neighborhood of Stuart Heights - Rivermont in Riverview - Stuart Heights, Chattanooga.
What is the average sales price for listings in 1111 Carter Drive?
The average sales price for units in 1111 Carter Drive is $0 currently.

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