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2000 East 27th Street

2000 East 27th Street, Chattanooga, TN 37407
Sold Jan 06, 2020
$247,000
$174,000 by Franklin Synergy Bank
Mortgage Due Jan 06, 2050
Sold Mar 19, 2008
$21,450
2000 East 27th Street 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 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1964. 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, 2000 East 27th Street has 796 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 1,250 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 12,500 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 gravity 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. 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, 2000 East 27th Street sold most recently in Jan 3, 2020 for a total of $247,000. If you work out the math, that's approximately a cost of $310.30 per sqft. Before that, the property was also sold for $21,450 in Mar 19, 2008. 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 $185 in taxes each year. 2000 East 27th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,250. 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. 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.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: 1930
  • Effective Year Built: 1964
  • 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: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 796
  • Building Area: 796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 1&2 BLK 2 EDGEWOOD PB 5 PG 39

Ownership

  • Current Owner : SPQR LLC
  • Previous Owner : WOLFF JOHN
  • Previous Owner 2: WOLFF GWENDOLYN
  • Owner Before Previous Owner: SMITH BILLY J
  • Owner Before Previous Owner 2: SMITH SHARON B
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 002500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 5 PG 39
  • Account Number: 0000092784
  • District: 1
  • Parcel: 156J E 003
  • Block: 2
  • Lot: 1&2
  • Municipality: CHATTANOOGA
  • Latitude: 35.0131
  • Longitude: -85.2859

    Address

  • Full Address: 2000 E 27th St
  • Address - House Number: 2000
  • Street Direction: E
  • Address - Street Name: 27th
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C007
  • 4-Digit Zip Code: 1039
  • Zip Code: 37407

Valuation

    Tax

  • Total Area: 832
  • Tax Year: 2023
  • Tax Amount: $185

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 81,725
  • High Value: 97,172
  • Low Value: 66,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,000
  • First Open Lien Mortgage Lender: FRANKLIN SYNERGY BANK
  • First Open Lien Mortgage Recording Date: Jan 06, 2020
  • First Open Lien Mortgage Loan Amount: $174,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 06, 2050

    Market Valuation

  • Market Total Value: $33,000
  • Market Land Value: $12,500
  • Market Improvement Value: $20,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,250

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Transaction ID: 11713893618
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020010600005
  • Previous Sale Recording Date: Mar 19, 2008
  • Previous Sale Contract Date: Mar 19, 2008
  • Previous Sale Amount: $21,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN SYNERGY BANK
  • First Mortgage Transaction Date: Jan 06, 2020
  • First Mortgage Loan Amount: $174,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2000 East 27th Street located in?
The 2000 East 27th Street is a located in the neighborhood of Ridgedale - Oak Grove - Clifton Hills in Ridgedale - Oak Grove - Clifton Hills, Chattanooga.
What is the average sales price for listings in 2000 East 27th Street?
The average sales price for units in 2000 East 27th Street is $0 currently.

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