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3403 Lockwood Terrace

3403 Lockwood Terrace, Chattanooga, TN 37415
Sold Apr 06, 2017
$222,000
$177,600 by Comtrust Fcu
Mortgage Due Apr 06, 2047
Sold Oct 02, 2002
$93,000
$91,563 by Community Mtg Corp
Mortgage Due Oct 01, 2032
3403 Lockwood Terrace in Chattanooga, TN was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3403 Lockwood Terrace has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,016 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a central heating system. The property was last sold in Apr 5, 2017 for $222,000. That's $158.57 per sqft. Prior to that sales transaction, the property was also sold in Sep 30, 2002 for $93,000. 3403 Lockwood Terrace was last assessed in 2023. The total value of the property was assessed at $48,250. 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 $1,080. The initial tax year of delinquency was in 2017. 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. 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: 1959
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 1,800
  • Lot Size Frontage Feet: 1,016
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CENTURY COS LOCKWOOD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 52 CENTURY COS LOCKWOOD HEIGHTS NO 3 NORTHERN PLATEAU PB 16 PG 67

Ownership

  • Current Owner : HALE BRIAN S
  • Current Owner 2: HALE ROBIN M
  • Previous Owner : WILLIAMS WANDA C
  • Owner Before Previous Owner: MILLER MICHAEL T
  • Owner Before Previous Owner 2: MILLER WHITMAN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010502

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 16 PG 67
  • Account Number: 0000045171
  • District: 1
  • Parcel: 118G A 031
  • Lot: 52
  • Municipality: CHATTANOOGA
  • Latitude: 35.1081
  • Longitude: -85.2856

    Address

  • Full Address: 3403 Lockwood Ter
  • Address - House Number: 3403
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C032
  • 4-Digit Zip Code: 5207
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,820
  • Tax Year: 2023
  • Tax Amount: $1,080
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 328,139
  • High Value: 407,704
  • Low Value: 248,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,600
  • First Open Lien Mortgage Lender: COMTRUST FCU
  • First Open Lien Mortgage Recording Date: Apr 06, 2017
  • First Open Lien Mortgage Loan Amount: $177,600
  • 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: Apr 06, 2047

    Market Valuation

  • Market Total Value: $193,000
  • Market Land Value: $70,000
  • Market Improvement Value: $123,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,250

    Sales

  • Current Sale Contract Date: Apr 05, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Transaction ID: 1807076248
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017040600034
  • Previous Sale Recording Date: Oct 02, 2002
  • Previous Sale Contract Date: Sep 30, 2002
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMTRUST FCU
  • First Mortgage Transaction Date: Apr 06, 2017
  • First Mortgage Loan Amount: $177,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MTG CORP
  • Previous Mortgage Transaction Date: Oct 02, 2002
  • Previous Mortgage Loan Amount: $91,563
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2032

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Frequently Asked Questions

What neighborhood is 3403 Lockwood Terrace located in?
The 3403 Lockwood Terrace is a located in the neighborhood of Stuart Heights - Rivermont in Riverview - Stuart Heights, Chattanooga.
What is the average sales price for listings in 3403 Lockwood Terrace?
The average sales price for units in 3403 Lockwood Terrace is $0 currently.

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