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124 Fawn Drive

124 Fawn Drive, Chattanooga, TN 37412
Property in East Ridge
Sold Aug 03, 2022
$1,222,500
$978,000 by Simplybank
Mortgage Due Aug 03, 2052
Sold Feb 14, 2018
$658,000
$598,500 by First Citizens National Bank
Mortgage Due Feb 25, 2038
124 Fawn 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 1975 and is 49 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 2,195 ft and across the front of the lot is 800 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 duplex 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, 124 Fawn Drive was last sold in Jul 28, 2022 for $1,222,500. According to our calculations, that's $848.96 per sqft. Prior to that sales transaction, the property was sold for $658,000 in Feb 5, 2018. Current property owners are expected to pay $1,922 in taxes per year. The property on 124 Fawn Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,600. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Duplex
  • 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: 2,195
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD HILLS
  • Land Acres: 1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 33 SHERWOOD HILLS SUB PB28 PG65

Ownership

  • Current Owner : ASHLEY ENTERPRISES LLC
  • Previous Owner : BENT MITCHELL T
  • Owner Before Previous Owner: CALVIN PAYNE CO LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011442

Zoning

  • Zoning: UR

Geography

  • Assessors Map Reference: MB 28 PG 65
  • Account Number: 0000101025
  • District: 2E
  • Parcel: 158O B 001.03
  • Lot: 33
  • Municipality: EAST RIDGE
  • Latitude: 35.0059
  • Longitude: -85.1845

    Address

  • Full Address: 124 Fawn Dr
  • Address - House Number: 124
  • Address - Street Name: Fawn
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C006
  • 4-Digit Zip Code: 4012
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,489
  • Tax Year: 2023
  • Tax Amount: $1,922

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 255,445
  • High Value: 303,726
  • Low Value: 207,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $978,000
  • First Open Lien Mortgage Lender: SIMPLYBANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $978,000
  • 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: Aug 03, 2052

    Market Valuation

  • Market Total Value: $136,500
  • Market Land Value: $40,000
  • Market Improvement Value: $96,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,600

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11894296016
  • Current Sale Price: $1,222,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74
  • Previous Sale Recording Date: Feb 14, 2018
  • Previous Sale Contract Date: Feb 05, 2018
  • Previous Sale Amount: $658,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMPLYBANK
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $978,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 14, 2018
  • Previous Mortgage Loan Amount: $598,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 25, 2038

About East Ridge



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Frequently Asked Questions

What neighborhood is 124 Fawn Drive located in?
The 124 Fawn Drive is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 124 Fawn Drive?
The average sales price for units in 124 Fawn Drive is $0 currently.

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