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3550 Broad Street

3550 Broad Street, Chattanooga, TN 37409
Local assessors in Chattanooga, TN have categorized 3550 Broad Street as a commercial type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 91,476 square feet. The linear feet between the front and back of the lot was measured at 2,520 ft and the front of the lot was measured at 1,190 ft. 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.

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. 3550 Broad Street is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 - C. The building has a rigid frame bar style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of brick were used in the construction of the exterior walls of the home. 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, 3550 Broad Street sold most recently in Jun 1, 2020 for a total of $4,200,000. If you work out the math, that's approximately a cost of $278.51 per sqft. Before that, the property was also sold for $4,604,000 in Dec 19, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $38,261 in taxes each year. 3550 Broad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,710,160. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Lot Size Depth Feet: 2,520
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 15,080
  • Gross Building Area: 15,080
  • Building Area: 15,080
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: PETTWAY
  • Land Acres: 2.1
  • Standard Land Use Code: Drug store/ pharmacy (CVS, Walgreens)
  • Legal Description 1: LT 1 PETTWAY'S SUB OF J H FANN PROP REV 35-314 REV 64-34

Ownership

  • Current Owner : SIRO CHATTANOOGA LLC
  • Previous Owner : BACHMAN ROBERT
  • Owner Before Previous Owner: WBA CHATTANOOGA LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 001900

Zoning

  • Zoning: UGC

Geography

  • Assessors Map Reference: MB 35 PG 314
  • Account Number: 0000088527
  • District: 1
  • Parcel: 155J F 003.01
  • Lot: 1
  • Municipality: CHATTANOOGA
  • Latitude: 35.0135
  • Longitude: -85.3261

    Address

  • Full Address: 3550 Broad St
  • Address - House Number: 3550
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C002
  • 4-Digit Zip Code: 1027
  • Zip Code: 37409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,800,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,800,000
  • First Open Lien Mortgage Term: 70
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2026

    Market Valuation

  • Market Total Value: $4,275,400
  • Market Land Value: $1,886,700
  • Market Improvement Value: $2,388,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,710,160

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11773128777
  • Current Sale Price: $4,200,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020070800155
  • Previous Sale Recording Date: Jan 08, 2015
  • Previous Sale Contract Date: Dec 19, 2014
  • Previous Sale Amount: $4,604,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $2,800,000
  • First Mortgage Terms: 70
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2026

    Financing

  • First Mortgage Financing Type: Variable

About South Chattanooga



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Frequently Asked Questions

What neighborhood is 3550 Broad Street located in?
The 3550 Broad Street is a located in the neighborhood of South Chattanooga in South Chattanooga, Chattanooga.
What is the average sales price for listings in 3550 Broad Street?
The average sales price for units in 3550 Broad Street is $0 currently.

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