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122 Rolling Ridge Drive

122 Rolling Ridge Drive, Chattanooga, TN 37421
Sold Oct 05, 2015
$133,000
$126,350 by Mortgage Investors Group Inc
Mortgage Due Oct 01, 2045
122 Rolling Ridge 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 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 122 Rolling Ridge Drive has 2,206 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 1,540 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 43,560 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 wood shingle. 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. The property was last sold in Sep 15, 2015 for $133,000. That's $60.29 per sqft. 122 Rolling Ridge Drive was last assessed in 2023. The total value of the property was assessed at $49,450. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,115. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1980
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D+
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,206
  • Building Area: 2,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROLLING RIDGE SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 41 ROLLING RIDGE PB 27 PG 252

Ownership

  • Current Owner : MERCADO ALEXIS J
  • Previous Owner : KING JILL NELSON
  • Previous Owner 2: KING DAVID MCMULLOH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011324

Zoning

  • Zoning: RR

Geography

  • Account Number: 0000117608
  • District: 2
  • Parcel: 171D A 009
  • Municipality: COUNTY SOUTH
  • Latitude: 35.004
  • Longitude: -85.1129

    Address

  • Full Address: 122 Rolling Ridge Dr
  • Address - House Number: 122
  • Address - Street Name: Rolling Ridge
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C044
  • 4-Digit Zip Code: 5314
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 1,954
  • Tax Year: 2023
  • Tax Amount: $1,115

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 323,539
  • High Value: 405,200
  • Low Value: 241,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,350
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2015
  • First Open Lien Mortgage Loan Amount: $126,350
  • 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: Oct 01, 2045
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Mar 12, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $15,000
  • 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: Mar 12, 2050

    Market Valuation

  • Market Total Value: $197,800
  • Market Land Value: $55,000
  • Market Improvement Value: $142,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,450

    Sales

  • Current Sale Contract Date: Sep 15, 2015
  • Current Sale Recording Date: Oct 05, 2015
  • Current Sale Transaction ID: 1321870822
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015100500294

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 05, 2015
  • First Mortgage Loan Amount: $126,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 122 Rolling Ridge Drive located in?
The 122 Rolling Ridge Drive is a located in the neighborhood of Westview - Mountain Shadows in Westview - Mountain Shadows, Chattanooga.
What is the average sales price for listings in 122 Rolling Ridge Drive?
The average sales price for units in 122 Rolling Ridge Drive is $0 currently.

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