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1395 Mercer Street

1395 Mercer Street, Lupton City, TN 37351
Sold Dec 01, 2003
$50,555
$492,000 by Regions Bank
Mortgage Due Dec 01, 2051
Sold Jul 17, 2003
$68,534
Local assessors in Lupton City, TN have categorized 1395 Mercer Street as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1974. 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 740 ft and the front of the lot was measured at 660 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 1395 Mercer Street has a total of 1,224 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 454 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - E. The building has a gable or hip style roof that was made of asbestos. Lots of wood were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. The property was last sold in Sep 25, 2003 for $50,555. That's $41.30 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2003 for $68,534. 1395 Mercer Street was last assessed in 2023. The total value of the property was assessed at $22,400. 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 $501. 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. 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: 1923
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: E
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 454
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LUPTON CITY
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 160 LUPTON CITY PB 18 PG 74

Ownership

  • Current Owner : RALSTON GOOD JOHN
  • Current Owner 2: RALSTON GOOD ROSEMARIE
  • Previous Owner : HUD
  • Owner Before Previous Owner: TENNESSEE HOUSING DEVELOPMENT AGENCY
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 18 PG 74
  • Account Number: 0000046194
  • District: 1
  • Parcel: 118K C 023
  • Lot: 160
  • Municipality: CHATTANOOGA
  • Latitude: 35.1045
  • Longitude: -85.2627

    Address

  • Full Address: 1395 Mercer St
  • Address - House Number: 1395
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lupton City
  • Carrier Code: H001
  • 4-Digit Zip Code: 0406
  • Zip Code: 37351

Valuation

    Tax

  • Total Area: 1,224
  • Tax Year: 2023
  • Tax Amount: $501

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 407,587
  • High Value: 592,712
  • Low Value: 222,461

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $89,600
  • Market Land Value: $30,000
  • Market Improvement Value: $59,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,400

    Sales

  • Current Sale Contract Date: Sep 25, 2003
  • Current Sale Recording Date: Dec 01, 2003
  • Current Sale Transaction ID: 11449421538
  • Current Sale Price: $50,555
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: 2003120100229
  • Previous Sale Recording Date: Jul 17, 2003
  • Previous Sale Contract Date: Jun 12, 2003
  • Previous Sale Amount: $68,534
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1395 Mercer Street located in?
The 1395 Mercer Street is a located in the neighborhood of Lupton City - Norcross in Lupton City - Norcross, Lupton City.
What is the average sales price for listings in 1395 Mercer Street?
The average sales price for units in 1395 Mercer Street is $0 currently.

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