Check Availability

3028 Northway Lane

3028 Northway Lane, Chattanooga, TN 37406
Sold Mar 07, 2022
$134,500
$164,000 by Visio Financial Services Inc.
Mortgage Due Mar 01, 2053
Sold Jun 06, 2002
$69,500
$62,082 by Chattanooga Neighborhood Enter
Mortgage Due Jun 01, 2032
3028 Northway 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 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1976. Residents will have access to one full bathroom. There are 2 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, 3028 Northway Lane has 1,394 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 2,260 ft and across the front of the lot is 870 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 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. 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, 3028 Northway Lane sold most recently in Feb 14, 2022 for a total of $134,500. If you work out the math, that's approximately a cost of $96.48 per sqft. Before that, the property was also sold for $69,500 in May 14, 2002. 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 $491 in taxes each year. 3028 Northway Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,950. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • 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: 2,260
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTHTOWER FOREST SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 80 NORTHTOWER FOREST UNIT 2 PB 26 PG 15

Ownership

  • Current Owner : SOUTHGATE CAPITAL LLC
  • Previous Owner : GOODMAN VALERIE M
  • Owner Before Previous Owner: DOWNS KATHY F
  • Owner Before Previous Owner 2: GRAY LINDA D
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011444

Zoning

  • Zoning: R2

Geography

  • Account Number: 0000064458
  • District: 1
  • Parcel: 137B G 030
  • Municipality: CHATTANOOGA
  • Latitude: 35.0651
  • Longitude: -85.2311

    Address

  • Full Address: 3028 Northway Ln
  • Address - House Number: 3028
  • Address - Street Name: Northway
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C006
  • 4-Digit Zip Code: 2138
  • Zip Code: 37406

Valuation

    Tax

  • Total Area: 1,397
  • Tax Year: 2023
  • Tax Amount: $491

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 164,710
  • High Value: 207,462
  • Low Value: 121,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: VISIO FINANCIAL SERVICES INC.
  • First Open Lien Mortgage Recording Date: Feb 08, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $87,800
  • Market Land Value: $17,300
  • Market Improvement Value: $70,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,950

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11881706056
  • Current Sale Price: $134,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 362
  • Previous Sale Recording Date: Jun 06, 2002
  • Previous Sale Contract Date: May 14, 2002
  • Previous Sale Amount: $69,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LYNK INVESTMENTS LLC
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $150,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CHATTANOOGA NEIGHBORHOOD ENTER
  • Previous Mortgage Transaction Date: Jun 06, 2002
  • Previous Mortgage Loan Amount: $62,082
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Amnicola - East Chattanooga



Similar Buildings

Property at 3028 Northway Lane,

2621 Acuff Street

  • 1 Unit for Sale
2621 Acuff Street, Chattanooga, TN 37406
Property at 3028 Northway Lane,

2601 Tunnel Boulevard

  • 1 Unit for Sale
2601 Tunnel Boulevard, Chattanooga, TN 37406
Property at 3028 Northway Lane,

3604 Parkway Drive

  • 1 Unit for Sale
3604 Parkway Drive, Chattanooga, TN 37406
Property at 3028 Northway Lane,

2618 Arno Street

  • 1 Unit for Sale
2618 Arno Street, Chattanooga, TN 37406
Property at 3028 Northway Lane,

2616 Arno Street

  • 1 Unit for Sale
2616 Arno Street, Chattanooga, TN 37406
Property at 3028 Northway Lane,

3610 Parkway Drive

  • 1 Unit for Sale
3610 Parkway Drive, Chattanooga, TN 37406
Property at 3028 Northway Lane,

3709 Juandale Trail

  • 1 Unit for Sale
3709 Juandale Trail, Chattanooga, TN 37406
Property at 3028 Northway Lane,

3749 Youngstown Road

  • 1 Unit for Sale
3749 Youngstown Road, Chattanooga, TN 37406
Property at 3028 Northway Lane,

3924 Juandale Trail

  • 1 Unit for Sale
3924 Juandale Trail, Chattanooga, TN 37406

Nearby Rentals

Unit for rent at 2904 Birds Mill Rd, Chattanooga, TN, 37404

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 995 ft²
2904 Birds Mill Rd, Chattanooga, TN, 37404 Listing by Rommel Ramos
Unit for rent at 4018 Melinda Dr, Chattanooga, TN, 37416

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,300 ft²
4018 Melinda Dr, Chattanooga, TN, 37416 Listing by Kelsi Ashburn

Frequently Asked Questions

What neighborhood is 3028 Northway Lane located in?
The 3028 Northway Lane is a located in the neighborhood of North Tower Forest in Amnicola - East Chattanooga, Chattanooga.
What is the average sales price for listings in 3028 Northway Lane?
The average sales price for units in 3028 Northway Lane is $0 currently.

Quantcast