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1406 Choate Road

1406 Choate Road, Chattanooga, TN 37412
Property in East Ridge
Sold Aug 03, 2023
$275,000
Sold Oct 02, 2020
$62,500
$73,500 by Chattanogag Funding Llc
Mortgage
Local assessors in Chattanooga, TN have categorized 1406 Choate Road as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1974. The property's lot size has been calculated to be 10,709 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 695 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 1406 Choate Road has a total of 943 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 asphalt. Lots of unknown were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1406 Choate Road sold most recently in Aug 1, 2023 for a total of $275,000. If you work out the math, that's approximately a cost of $291.62 per sqft. Before that, the property was also sold for $62,500 in Sep 30, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,395 in taxes each year. The initial year of tax delinquency occurred in 2021. 1406 Choate Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,750. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: E
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,709
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 695
  • Total Building Area: 943
  • Building Area: 943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHATWOOD
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 14 BLK 1 CHATWOOD PB 15 PG 5

Ownership

  • Current Owner : SOUTHERN TN PROPERTIES LLC
  • Previous Owner : PEREZ NICOLAS
  • Owner Before Previous Owner: WELLER AMY C
  • Owner Before Previous Owner 2: WELLER JEFFREY TODD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 15 PG 5
  • Account Number: 0000113910
  • District: 2E
  • Parcel: 169G H 010
  • Block: 1
  • Lot: 14
  • Municipality: EAST RIDGE
  • Latitude: 34.9974
  • Longitude: -85.235

    Address

  • Full Address: 1406 Choate Rd
  • Address - House Number: 1406
  • Address - Street Name: Choate
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C017
  • 4-Digit Zip Code: 2819
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,026
  • Tax Year: 2023
  • Tax Amount: $1,395
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2657
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 62
  • Final Value: 251,348
  • High Value: 318,147
  • Low Value: 184,550

    Market Valuation

  • Market Total Value: $159,000
  • Market Land Value: $35,000
  • Market Improvement Value: $124,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,750

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Transaction ID: 11911111490
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 101
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHATTANOGAG FUNDING LLC
  • Previous Mortgage Transaction Date: Oct 02, 2020
  • Previous Mortgage Loan Amount: $73,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About East Ridge



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Frequently Asked Questions

What neighborhood is 1406 Choate Road located in?
The 1406 Choate Road is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 1406 Choate Road?
The average sales price for units in 1406 Choate Road is $0 currently.

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