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2231 Launcelot Road

2231 Launcelot Road, Chattanooga, TN 37421
Sold Apr 16, 2019
$264,900
$251,655 by Movement Mortgage
Mortgage Due May 01, 2049
Sold Jun 01, 2018
$172,000
$181,600 by Smartbank
Mortgage
2231 Launcelot 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 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1978. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2231 Launcelot Road 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 1,960 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 C- 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. The property was last sold in Apr 12, 2019 for $264,900. That's $122.64 per sqft. Prior to that sales transaction, the property was also sold in May 30, 2018 for $172,000. 2231 Launcelot Road was last assessed in 2023. The total value of the property was assessed at $66,775. 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 $1,494. The initial tax year of delinquency was in 2017. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C-
  • Building Style: Split level
  • Exterior Walls Type: Wood shingle
  • 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: 1,960
  • Lot Size Frontage Feet: 950
  • 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: DRAKE FOREST
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK D DRAKE FOREST SUB PB 24 PG 61

Ownership

  • Current Owner : TURNER DEENA MARIE
  • Current Owner 2: TURNER JAMES SHAYE
  • Previous Owner : FREEMAN DAVID
  • Owner Before Previous Owner: MOORE GLENDA S
  • Owner Before Previous Owner 2: PINSON WILLIE HUGH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011321

Geography

  • Assessors Map Reference: MB 24 PG 61
  • Account Number: 0000084059
  • District: 1
  • Parcel: 149J C 005
  • Block: D
  • Lot: 6
  • Municipality: CHATTANOOGA
  • Latitude: 35.0327
  • Longitude: -85.1398

    Address

  • Full Address: 2231 Launcelot Rd
  • Address - House Number: 2231
  • Address - Street Name: Launcelot
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C016
  • 4-Digit Zip Code: 2614
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 2,114
  • Tax Year: 2023
  • Tax Amount: $1,494
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 420,731
  • High Value: 522,159
  • Low Value: 319,304

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $292,664
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 16, 2019
  • First Open Lien Mortgage Loan Amount: $251,655
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Feb 07, 2024
  • Second Open Lien Mortgage Loan Amount: $41,009
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 23, 2039

    Market Valuation

  • Market Total Value: $267,100
  • Market Land Value: $65,000
  • Market Improvement Value: $202,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,775

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 16, 2019
  • Current Sale Transaction ID: 11598701840
  • Current Sale Price: $264,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019041600067
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Contract Date: May 30, 2018
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Apr 16, 2019
  • First Mortgage Loan Amount: $251,655
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SMARTBANK
  • Previous Mortgage Transaction Date: Jun 01, 2018
  • Previous Mortgage Loan Amount: $181,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Hickory Valley - Hamilton Place



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8031 Krijen Ct, Chattanooga, TN, 37421 Listing by Anny Jones

Frequently Asked Questions

What neighborhood is 2231 Launcelot Road located in?
The 2231 Launcelot Road is a house located in the neighborhood of East Brainerd - Gunbarrel Road in Hickory Valley - Hamilton Place, Chattanooga.
What is the average sales price for listings in 2231 Launcelot Road?
The average sales price for units in 2231 Launcelot Road is $0 currently.

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