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115 Norman Lane

115 Norman Lane, Chattanooga, TN 37405
Sold Nov 08, 2004
$69,550
$71,050 by American Home Mortgage Co
Mortgage Due Oct 01, 2034
Sold Jun 21, 2004
$44,815
Local assessors in Chattanooga, TN have categorized 115 Norman Lane as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 6,750 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 115 Norman Lane has a total of 868 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 unknown 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, 115 Norman Lane sold most recently in Sep 29, 2004 for a total of $69,550. If you work out the math, that's approximately a cost of $80.13 per sqft. Before that, the property was also sold for $44,815 in Jun 9, 2004. 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 $365 in taxes each year. 115 Norman Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,325. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1949
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D-
  • 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: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 868
  • Building Area: 868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SIGNAL HILLS ADDN
  • Land Acres: 0.155
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LT 21 BLK 6 SIGNAL HILLS ADDN PB8 P G5

Ownership

  • Current Owner : MILLS STANLEY CRAIG
  • Previous Owner : DONOHUE PATRICK B
  • Owner Before Previous Owner: THOMAS MARY
  • Owner Before Previous Owner 2: HALE MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: MB 8 PG 5
  • Account Number: 0000043453
  • District: 1
  • Parcel: 117P A 020
  • Block: 6
  • Lot: 21
  • Municipality: CHATTANOOGA
  • Latitude: 35.0976
  • Longitude: -85.3344

    Address

  • Full Address: 115 Norman Ln
  • Address - House Number: 115
  • Address - Street Name: Norman
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C010
  • 4-Digit Zip Code: 1819
  • Zip Code: 37405

Valuation

    Tax

  • Total Area: 904
  • Tax Year: 2023
  • Tax Amount: $365

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 164,594
  • High Value: 206,656
  • Low Value: 122,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,050
  • First Open Lien Mortgage Lender: AMERICAN HOME MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 08, 2004
  • First Open Lien Mortgage Loan Amount: $71,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $65,300
  • Market Land Value: $30,000
  • Market Improvement Value: $35,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,325

    Sales

  • Current Sale Contract Date: Sep 29, 2004
  • Current Sale Recording Date: Nov 08, 2004
  • Current Sale Transaction ID: 1107231210
  • Current Sale Price: $69,550
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2004110800367
  • Previous Sale Recording Date: Jun 21, 2004
  • Previous Sale Contract Date: Jun 09, 2004
  • Previous Sale Amount: $44,815
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME MORTGAGE CO
  • First Mortgage Transaction Date: Nov 08, 2004
  • First Mortgage Loan Amount: $71,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2034

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Frequently Asked Questions

What neighborhood is 115 Norman Lane located in?
The 115 Norman Lane is a located in the neighborhood of Friends of Mountain Creek in Mountain Creek - Moccasin Bend, Chattanooga.
What is the average sales price for listings in 115 Norman Lane?
The average sales price for units in 115 Norman Lane is $0 currently.

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