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3612 Martin Road

3612 Martin Road, Chattanooga, TN 37415
House in Red Bank
Sold Apr 07, 2020
$141,000
$138,446 by Mortgage Investors Group Inc
Mortgage Due May 01, 2050
3612 Martin Road 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 1980. 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. 3612 Martin Road has 1,363 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 1,100 ft and the linear feet between the front and back of the lot is 1,450. 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. The property was last sold in Apr 3, 2020 for $141,000. That's $103.45 per sqft. 3612 Martin Road was last assessed in 2023. The total value of the property was assessed at $35,375. 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 $1,452. 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! 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.

Building Features

Exterior

Brick Venner Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • 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: 1,450
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,363
  • Building Area: 1,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAYWOOD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 12 PT 11&13 MAYWOOD PB 9 PG 3

Ownership

  • Current Owner : REEVES PAIGE
  • Previous Owner : GIBSON MARK
  • Previous Owner 2: GIBSON WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010800

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 9 PG 3
  • Account Number: 0000036869
  • District: 3R
  • Parcel: 109P A 026
  • Lot: 12
  • Municipality: RED BANK
  • Latitude: 35.1189
  • Longitude: -85.2981

    Address

  • Full Address: 3612 Martin Rd
  • Address - House Number: 3612
  • Address - Street Name: Martin
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C031
  • 4-Digit Zip Code: 4030
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,640
  • Tax Year: 2023
  • Tax Amount: $1,452

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 257,807
  • High Value: 328,711
  • Low Value: 186,904

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $145,496
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 07, 2020
  • First Open Lien Mortgage Loan Amount: $138,446
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Apr 07, 2020
  • Second Open Lien Mortgage Loan Amount: $7,050
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 07, 2050

    Market Valuation

  • Market Total Value: $141,500
  • Market Land Value: $40,000
  • Market Improvement Value: $101,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,375

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 07, 2020
  • Current Sale Transaction ID: 11755718306
  • Current Sale Price: $141,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020040700032

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 07, 2020
  • First Mortgage Loan Amount: $138,446
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

About Red Bank



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Frequently Asked Questions

What neighborhood is 3612 Martin Road located in?
The 3612 Martin Road is a house located in the neighborhood of Red Bank in Red Bank, Chattanooga.
What is the average sales price for listings in 3612 Martin Road?
The average sales price for units in 3612 Martin Road is $0 currently.

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