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127 Passons Road

127 Passons Road, Chattanooga, TN 37415
Sold Feb 23, 2022
$200,000
Sold May 24, 2017
$118,000
$115,862 by Farmington Mortgage
Mortgage Due Jun 01, 2047
127 Passons Road 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 1946 and is 78 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, 127 Passons Road has 864 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 2,194 ft and across the front of the lot is 1,118 ft. The area measurement of the land has been determined as 43,560 square feet.

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. 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 Feb 23, 2022 for $200,000. That's $231.48 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2017 for $118,000. 127 Passons Road was last assessed in 2023. The total value of the property was assessed at $32,725. 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 $1,349. 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: 1946
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Exterior Walls Type: Wood
  • 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: 2,194
  • Lot Size Frontage Feet: 1,118
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CLIFFVIEW
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 27 CLIFFVIEW PB14 PG139

Ownership

  • Current Owner : TATE JUSTIN
  • Current Owner 2: BRYANT CASEY
  • Previous Owner : RILEY JON D
  • Previous Owner 2: RILEY VICTORIA CARLA
  • Owner Before Previous Owner: GRIFFIN CATHERINE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 14 PG 139
  • Account Number: 0000026655
  • District: 3R
  • Parcel: 099K C 005
  • Lot: 27
  • Municipality: RED BANK
  • Latitude: 35.1431
  • Longitude: -85.2723

    Address

  • Full Address: 127 Passons Rd
  • Address - House Number: 127
  • Address - Street Name: Passons
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C030
  • 4-Digit Zip Code: 1819
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 921
  • Tax Year: 2023
  • Tax Amount: $1,349

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 238,069
  • High Value: 303,544
  • Low Value: 172,594

    Market Valuation

  • Market Total Value: $130,900
  • Market Land Value: $50,000
  • Market Improvement Value: $80,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,725

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Feb 23, 2022
  • Current Sale Transaction ID: 11880258704
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 176
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: May 24, 2017
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 23, 2022
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FARMINGTON MORTGAGE
  • Previous Mortgage Transaction Date: May 24, 2017
  • Previous Mortgage Loan Amount: $115,862
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 127 Passons Road located in?
The 127 Passons Road is a located in the neighborhood of Falling Water - Browntown in Falling Water - Browntown, Chattanooga.
What is the average sales price for listings in 127 Passons Road?
The average sales price for units in 127 Passons Road is $0 currently.

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