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3554 Lockwood Circle

3554 Lockwood Circle, Chattanooga, TN 37415
Sold Oct 25, 2016
$175,000
$140,000 by Movement Mortgage
Mortgage Due Nov 01, 2046
Sold Dec 07, 2015
$55,188
3554 Lockwood Circle in Chattanooga, TN was first built in 1955 and is 69 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 is only one bathroom. There are 2 partial bathrooms. 3554 Lockwood Circle has 1,394 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 906 ft and the linear feet between the front and back of the lot is 1,194. 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 unknown. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3554 Lockwood Circle was last sold in Oct 20, 2016 for $175,000. According to our calculations, that's $125.54 per sqft. Prior to that sales transaction, the property was sold for $55,188 in Dec 7, 2015. Current property owners are expected to pay $818 in taxes per year. The property on 3554 Lockwood Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,550. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 1,194
  • Lot Size Frontage Feet: 906
  • 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: LOCKWOOD HEIGHTS NO
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 LOCKWOOD HEIGHTS NO 3 NORTHER N PLATEAU PB 16 PG 55

Ownership

  • Current Owner : BYNUM LILLIAN T
  • Previous Owner : DEMOSS THOMAS M
  • Owner Before Previous Owner: SMITH NANCY B
  • 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 55
  • Account Number: 0000045200
  • District: 1
  • Parcel: 118G B 010
  • Lot: 2
  • Municipality: CHATTANOOGA
  • Latitude: 35.1075
  • Longitude: -85.2843

    Address

  • Full Address: 3554 Lockwood Cir
  • Address - House Number: 3554
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C032
  • 4-Digit Zip Code: 5204
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,394
  • Tax Year: 2023
  • Tax Amount: $818

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 307,229
  • High Value: 382,722
  • Low Value: 231,737

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $146,200
  • Market Land Value: $70,000
  • Market Improvement Value: $76,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,550

    Sales

  • Current Sale Contract Date: Oct 20, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1830907389
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016102500154
  • Previous Sale Recording Date: Dec 07, 2015
  • Previous Sale Contract Date: Dec 07, 2015
  • Previous Sale Amount: $55,188
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

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Unit for rent at 246 Hedgewood Dr, Chattanooga, TN, 37405

$3,000 /mo

  • 4 Beds
  • 2.5 Baths
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246 Hedgewood Dr, Chattanooga, TN, 37405 Listing by Kerstin Fessler Lindsay

Frequently Asked Questions

What neighborhood is 3554 Lockwood Circle located in?
The 3554 Lockwood Circle is a located in the neighborhood of Stuart Heights - Rivermont in Riverview - Stuart Heights, Chattanooga.
What is the average sales price for listings in 3554 Lockwood Circle?
The average sales price for units in 3554 Lockwood Circle is $0 currently.

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