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1218 West Fairfax Drive

1218 West Fairfax Drive, Chattanooga, TN 37415
Sold Feb 01, 2018
$170,000
$166,920 by Movement Mortgage
Mortgage Due Feb 01, 2048
Sold Jul 01, 2016
$55,000
$44,000 by Tennessee Valley Fcu
Mortgage Due Jul 01, 2030
1218 West Fairfax Drive has been categorized by the local assessors in Chattanooga, TN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1983. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1218 West Fairfax Drive has 1,198 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1218 West Fairfax Drive was last sold in Jan 29, 2018 for $170,000. According to our calculations, that's $141.90 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Jun 30, 2016. Current property owners are expected to pay $663 in taxes per year. The property on 1218 West Fairfax Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,650. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,198
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX HEIGHTS
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 10 BLK 5 FAIRFAX HEIGHTS PB16 PG 39

Ownership

  • Current Owner : BRANCH TAYLOR J
  • Current Owner 2: BRANCH EMILY L
  • Previous Owner : NELSON BRADLEY RAY
  • Previous Owner 2: NELSON JULIE D
  • Owner Before Previous Owner: HARGIS LORENO JO
  • Owner Before Previous Owner 2: HARGIS ALFREDA JUNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 16 PG 39
  • Account Number: 0000045049
  • District: 1
  • Parcel: 118F D 015
  • Block: 5
  • Lot: 10
  • Municipality: CHATTANOOGA
  • Latitude: 35.1094
  • Longitude: -85.2637

    Address

  • Full Address: 1218 W Fairfax Dr
  • Address - House Number: 1218
  • Street Direction: W
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C033
  • 4-Digit Zip Code: 3612
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2023
  • Tax Amount: $663

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 256,614
  • High Value: 319,669
  • Low Value: 193,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 01, 2018
  • First Open Lien Mortgage Loan Amount: $166,920
  • 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: Feb 01, 2048

    Market Valuation

  • Market Total Value: $118,600
  • Market Land Value: $45,000
  • Market Improvement Value: $73,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,650

    Sales

  • Current Sale Contract Date: Jan 29, 2018
  • Current Sale Recording Date: Feb 01, 2018
  • Current Sale Transaction ID: 11394611563
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018020100040
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Feb 01, 2018
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: TENNESSEE VALLEY FCU
  • Previous Mortgage Transaction Date: Jul 01, 2016
  • Previous Mortgage Loan Amount: $44,000
  • Previous Mortgage Term: 167
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2030

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Frequently Asked Questions

What neighborhood is 1218 West Fairfax Drive located in?
The 1218 West Fairfax Drive is a located in the neighborhood of Lupton City - Norcross in Lupton City - Norcross, Chattanooga.
What is the average sales price for listings in 1218 West Fairfax Drive?
The average sales price for units in 1218 West Fairfax Drive is $0 currently.

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