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409 Grabel Way

409 Grabel Way, Chattanooga, TN 37419
Sold Feb 28, 2022
$476,000
Sold Sep 19, 2016
$329,000
$247,392 by Platinum Financial Funding Llc
Mortgage Due Oct 01, 2046
409 Grabel Way 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 2016 and is 8 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, 409 Grabel Way has 2,143 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 1,480 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 43,560 square feet.

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 gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. In terms of heating, it 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, 409 Grabel Way was last sold in Feb 16, 2022 for $476,000. According to our calculations, that's $222.12 per sqft. Prior to that sales transaction, the property was sold for $329,000 in Sep 16, 2016. Current property owners are expected to pay $2,028 in taxes per year. The property on 409 Grabel Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,625. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,143
  • Building Area: 2,143
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,143
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE RIDGES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 19 BLACK CREEK THE RIDGES SECTIO N 1 PB 102 PG 25 OUT OF 153 027.07 FOR 2015

Ownership

  • Current Owner : THORNTON JOHN C
  • Current Owner 2: THORNTON EILEEN V
  • Previous Owner : KRAFFT
  • Previous Owner 2: AMANDA
  • Owner Before Previous Owner: ROWLAND DEVELOPMENT GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 012100

Geography

  • Assessors Map Reference: MB 63 PG 78
  • Account Number: 0000382702
  • District: 1
  • Parcel: 153M G 002
  • Municipality: CHATTANOOGA
  • Latitude: 35.0077
  • Longitude: -85.398

    Address

  • Full Address: 409 Grabel Way
  • Address - House Number: 409
  • Address - Street Name: Grabel
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: R007
  • 4-Digit Zip Code: 2247
  • Zip Code: 37419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,028

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 553,888
  • High Value: 687,133
  • Low Value: 420,643

    Market Valuation

  • Market Total Value: $362,500
  • Market Land Value: $60,000
  • Market Improvement Value: $302,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,625

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880352054
  • Current Sale Price: $476,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 186
  • Previous Sale Recording Date: Sep 19, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM FINANCIAL FUNDING LLC
  • Previous Mortgage Transaction Date: Sep 19, 2016
  • Previous Mortgage Loan Amount: $247,392
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 409 Grabel Way located in?
The 409 Grabel Way is a located in the neighborhood of Lookout Valley - Lookout Mountain in Lookout Valley - Lookout Mountain, Chattanooga.
What is the average sales price for listings in 409 Grabel Way?
The average sales price for units in 409 Grabel Way is $0 currently.

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