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122 Ridge Road

122 Ridge Road, Chattanooga, TN 37411
Property in Brainerd
Sold Jan 21, 2022
$235,000
Sold Mar 16, 2006
$73,000
$53,000 by Taylor Bean & Whitaker Mortgag
Mortgage Due Apr 01, 2036
Local assessors in Chattanooga, TN have categorized 122 Ridge Road as a residential type of property. The home was built in 1973 and is 51 years old. 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 1,120 ft and the front of the lot was measured at 812 ft. 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 122 Ridge Road has a total of 1,386 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, 122 Ridge Road sold most recently in Jan 20, 2022 for a total of $235,000. If you work out the math, that's approximately a cost of $169.55 per sqft. Before that, the property was also sold for $73,000 in Mar 16, 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 $518 in taxes each year. 122 Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,150. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • 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: 43,560
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 812
  • Total Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD G M
  • Land Acres: 1
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: PT LOT 1 G M SHERWOOD HOME PLACE PB 27 PG263 LOT 1 ABELSON RESUB

Ownership

  • Current Owner : LEONARD LORRI ANNE
  • Previous Owner : GERARDO PEREZ MARVIN
  • Owner Before Previous Owner: MILLER JAMES C
  • Owner Before Previous Owner 2: MILLER CAROLYN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 27 PG 263
  • Account Number: 0000090988
  • District: 1
  • Parcel: 156D E 020
  • Lot: PT L
  • Municipality: CHATTANOOGA
  • Latitude: 35.0258
  • Longitude: -85.2569

    Address

  • Full Address: 122 Ridge Rd
  • Address - House Number: 122
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 4113
  • Zip Code: 37411

Valuation

    Tax

  • Total Area: 1,288
  • Tax Year: 2023
  • Tax Amount: $518

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 61
  • Final Value: 236,049
  • High Value: 299,170
  • Low Value: 172,929

    Market Valuation

  • Market Total Value: $92,600
  • Market Land Value: $25,000
  • Market Improvement Value: $67,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,150

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11878686193
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 174
  • Previous Sale Recording Date: Mar 16, 2006
  • Previous Sale Contract Date: Mar 16, 2006
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Mar 16, 2006
  • Previous Mortgage Loan Amount: $53,000
  • 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: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 122 Ridge Road located in?
The 122 Ridge Road is a located in the neighborhood of Brainerd in Brainerd, Chattanooga.
What is the average sales price for listings in 122 Ridge Road?
The average sales price for units in 122 Ridge Road is $0 currently.

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