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112 Thornton Avenue

112 Thornton Avenue, Chattanooga, TN 37411
Property in Belvoir
Sold May 18, 2021
$300,000
$183,000 by Mortgage Investment Group
Mortgage Due Jun 01, 2051
Sold Oct 09, 2013
$160,000
$135,000 by Branch Banking And Trust Co
Mortgage Due Nov 01, 2043
Local assessors in Chattanooga, TN have categorized 112 Thornton Avenue as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 12,750 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 850 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 2 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 112 Thornton Avenue has a total of 1,730 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - E. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 112 Thornton Avenue was last sold in May 12, 2021 for $300,000. According to our calculations, that's $173.41 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Oct 8, 2013. Current property owners are expected to pay $1,050 in taxes per year. The property on 112 Thornton Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $46,925. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior

Parking

Carport
Attached Garage
Detached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • 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
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN CITY INVEST
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 38 MTN CITY INVESTMENT CO BELVO IR PLACE PB9 PG12

Ownership

  • Current Owner : ELLIS KELLY S
  • Current Owner 2: ELLIS SHELBY F
  • Previous Owner : LAWTON ANDREW DAVID
  • Previous Owner 2: LAWTON JENNIFER
  • Owner Before Previous Owner: MICHAUD CAROLYN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 002800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 9 PG 12
  • Account Number: 0000096801
  • District: 1
  • Parcel: 157J A 017
  • Lot: 38
  • Municipality: CHATTANOOGA
  • Latitude: 35.0153
  • Longitude: -85.2398

    Address

  • Full Address: 112 Thornton Ave
  • Address - House Number: 112
  • Address - Street Name: Thornton
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C004
  • 4-Digit Zip Code: 4619
  • Zip Code: 37411

Valuation

    Tax

  • Total Area: 1,803
  • Tax Year: 2023
  • Tax Amount: $1,050

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 355,306
  • High Value: 443,724
  • Low Value: 266,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $183,000
  • 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

    Market Valuation

  • Market Total Value: $187,700
  • Market Land Value: $40,000
  • Market Improvement Value: $147,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,925

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11835526411
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021051800251
  • Previous Sale Recording Date: Oct 09, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $183,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Oct 09, 2013
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

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Frequently Asked Questions

What neighborhood is 112 Thornton Avenue located in?
The 112 Thornton Avenue is a located in the neighborhood of Belvoir in Brainerd, Chattanooga.
What is the average sales price for listings in 112 Thornton Avenue?
The average sales price for units in 112 Thornton Avenue is $0 currently.

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