3162 Waterfront Drive
3162 Waterfront Drive, Chattanooga, TN 37419
Property
in
Lookout Valley - Lookout Mountain
Sold Aug 31, 2021
$448,000
Seller
$335,500
by Summit Funding Inc
Mortgage Due Sep 01, 2036
Sold Sep 29, 2015
$318,000
Buyer
Seller
$302,100
by Mortgage Investors Group Inc
Mortgage Due Oct 01, 2045
3162 Waterfront Drive 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 1989 and is 35 years old.
Residents will have access to 2 full bathrooms.
There are 3 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 3162 Waterfront Drive has 2,190 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 1,666 ft and across the front of the lot is 240 ft.
The area measurement of the land has been determined as 3,999 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The building has a mansard style roof made of asphalt. The exterior walls of the building are made of brick. 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, 3162 Waterfront Drive sold most recently in Aug 25, 2021 for a total of $448,000. If you work out the math, that's approximately a cost of $204.57 per sqft. Before that, the property was also sold for $318,000 in Sep 25, 2015. 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 $1,895 in taxes each year. 3162 Waterfront Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $84,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a mansard style roof made of asphalt. The exterior walls of the building are made of brick. 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, 3162 Waterfront Drive sold most recently in Aug 25, 2021 for a total of $448,000. If you work out the math, that's approximately a cost of $204.57 per sqft. Before that, the property was also sold for $318,000 in Sep 25, 2015. 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 $1,895 in taxes each year. 3162 Waterfront Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $84,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
Exterior
Brick Exterior
Parking
Off Street Parking
This property description is generated based on publicly available data.