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306 Chatuga Lane

306 Chatuga Lane, Loudon, TN 37774
Property in Loudon
Sold Dec 16, 2015
$189,000
$151,200 by Countybank
Mortgage Due Dec 15, 2046
Sold Jan 11, 1988
$22,000
Local assessors in Loudon, TN have categorized 306 Chatuga Lane as a residential type of property. The home was built in 1991 and is 33 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 14,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 306 Chatuga Lane has a total of 1,909 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 552 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B-. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 11, 2015 for $189,000. That's $62.23 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $22,000. 306 Chatuga Lane was last assessed in 2024. The total value of the property was assessed at $64,550. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $58,300. 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 $980. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B-
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 552
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 3,037
  • Gross Building Area: 3,157
  • Building Area: 1,909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,909
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHATUGA POINT
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHATUGA POINT BLK: 3 LOT: 4 01 074I C 074H 00400 000

Ownership

  • Current Owner : ALLEN JAMES C
  • Current Owner 2: ALLEN ANGELA
  • Previous Owner : HOLL JAMES ERNEST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53957
  • Census Tract: 060504

Geography

  • Assessors Map Reference: 068F
  • District: 01
  • Parcel: 068F-J-018.00
  • Block: 3
  • Lot: 4
  • Municipality: TELLICO VILLAGE
  • Latitude: 35.6652
  • Longitude: -84.2775

    Address

  • Full Address: 306 Chatuga Ln
  • Address - House Number: 306
  • Address - Street Name: Chatuga
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Loudon
  • Carrier Code: R006
  • 4-Digit Zip Code: 2704
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 1,909
  • Tax Year: 2022
  • Tax Amount: $980
  • Tax Rate Code Area: 53A05

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 456,478
  • High Value: 550,433
  • Low Value: 362,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,200
  • First Open Lien Mortgage Lender: COUNTYBANK
  • First Open Lien Mortgage Recording Date: Dec 16, 2015
  • First Open Lien Mortgage Loan Amount: $151,200
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 15, 2046

    Market Valuation

  • Market Total Value: $258,200
  • Market Land Value: $25,000
  • Market Improvement Value: $233,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $64,550
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $58,300

    Sales

  • Current Sale Contract Date: Dec 11, 2015
  • Current Sale Recording Date: Dec 16, 2015
  • Current Sale Transaction ID: 1392720928
  • Current Sale Price: $189,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15010126
  • Previous Sale Recording Date: Jan 11, 1988
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTYBANK
  • First Mortgage Transaction Date: Dec 16, 2015
  • First Mortgage Loan Amount: $151,200
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 15, 2046

About Tellico Village



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Nearby Rentals

Unit for rent at 307 Choto View Place, Loudon, TN, 37774

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,504 ft²
307 Choto View Place, Loudon, TN, 37774 Listing by Amy Chupak

Frequently Asked Questions

What neighborhood is 306 Chatuga Lane located in?
The 306 Chatuga Lane is a located in the neighborhood of Loudon in Tellico Village, Loudon.
What is the average sales price for listings in 306 Chatuga Lane?
The average sales price for units in 306 Chatuga Lane is $0 currently.

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