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1402 Timbercrest Lane

1402 Timbercrest Lane, Chattanooga, TN 37421
Property in East Brainerd
Sold Apr 29, 2002
$129,000
$22,615 by Secretary Housing Urban Develo
Mortgage Due Feb 01, 2042
1402 Timbercrest Lane 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. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1402 Timbercrest Lane has 2,160 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 1,551 ft and across the front of the lot is 1,000 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 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. 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, 1402 Timbercrest Lane was last sold in Apr 26, 2002 for $129,000. According to our calculations, that's $59.72 per sqft. Current property owners are expected to pay $1,115 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1402 Timbercrest Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $49,450. 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. 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!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: 1980
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: D
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,551
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TIMBER LOG SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 15 TIMBER LOG SUB 26-162

Ownership

  • Current Owner : CANTRELL JERRY SCOTT
  • Current Owner 2: KLEIN TODD H
  • Previous Owner : FARLETT SPARKS DANIEL T
  • Previous Owner 2: FARLETT SPARKS BETSY H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011325

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: MB 26 PG 162
  • Account Number: 0000119050
  • District: 2
  • Parcel: 172H E 022
  • Lot: 15
  • Municipality: COUNTY SOUTH
  • Latitude: 34.9951
  • Longitude: -85.1096

    Address

  • Full Address: 1402 Timbercrest Ln
  • Address - House Number: 1402
  • Address - Street Name: Timbercrest
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C031
  • 4-Digit Zip Code: 4627
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 2,456
  • Tax Year: 2023
  • Tax Amount: $1,115
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 346,832
  • High Value: 431,252
  • Low Value: 262,412

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $28,612
  • First Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • First Open Lien Mortgage Recording Date: Aug 20, 2012
  • First Open Lien Mortgage Loan Amount: $22,615
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Jul 01, 2013
  • Second Open Lien Mortgage Loan Amount: $5,997
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2043

    Market Valuation

  • Market Total Value: $197,800
  • Market Land Value: $35,000
  • Market Improvement Value: $162,800

    Assessments Valuation

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

    Sales

  • Current Sale Contract Date: Apr 26, 2002
  • Current Sale Recording Date: Apr 29, 2002
  • Current Sale Transaction ID: 11449734541
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2002042900133

    Last Sale Mortgage

  • First Mortgage Lender: MATRIX FINANCIAL SERVICES CORP
  • First Mortgage Transaction Date: Apr 29, 2002
  • First Mortgage Loan Amount: $127,006
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2032

About East Brainerd



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Frequently Asked Questions

What neighborhood is 1402 Timbercrest Lane located in?
The 1402 Timbercrest Lane is a located in the neighborhood of East Brainerd in East Brainerd, Chattanooga.
What is the average sales price for listings in 1402 Timbercrest Lane?
The average sales price for units in 1402 Timbercrest Lane is $0 currently.

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