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4100 Oakland Terrace

4100 Oakland Terrace, Chattanooga, TN 37415
House in Red Bank
Sold Nov 04, 2020
$185,000
$179,450 by Movement Mortgage
Mortgage Due Dec 01, 2050
Sold Mar 06, 2020
$58,000
$68,000 by Mountain Valley Bank
Mortgage
4100 Oakland Terrace 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 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1953. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4100 Oakland Terrace has 1,044 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 1,100 ft and across the front of the lot is 670 ft. The area measurement of the land has been determined as 7,370 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 4100 Oakland Terrace was last sold in Nov 2, 2020 for $185,000. According to our calculations, that's $177.20 per sqft. Prior to that sales transaction, the property was sold for $58,000 in Mar 5, 2020. Current property owners are expected to pay $1,813 in taxes per year. The property on 4100 Oakland Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $44,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Detached Garage
Off Street Parking

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,370
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RANKIN
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT PT OF 14 RANKIN PB 8 PG 17

Ownership

  • Current Owner : DAVIS JONATHAN R
  • Previous Owner : MORROW JARED
  • Owner Before Previous Owner: ALLEN EDWARD H
  • Owner Before Previous Owner 2: ALLEN PAMELA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 8 PG 17
  • Account Number: 0000035290
  • District: 3R
  • Parcel: 109I E 025
  • Lot: PT14
  • Municipality: RED BANK
  • Latitude: 35.1224
  • Longitude: -85.2905

    Address

  • Full Address: 4100 Oakland Ter
  • Address - House Number: 4100
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C020
  • 4-Digit Zip Code: 7110
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,050
  • Tax Year: 2023
  • Tax Amount: $1,813

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 278,716
  • High Value: 355,370
  • Low Value: 202,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,450
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $179,450
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $178,400
  • Market Land Value: $40,000
  • Market Improvement Value: $138,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,600

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11798015313
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020110400315
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 05, 2020
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $179,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN VALLEY BANK
  • Previous Mortgage Transaction Date: Mar 06, 2020
  • Previous Mortgage Loan Amount: $68,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Red Bank



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Frequently Asked Questions

What neighborhood is 4100 Oakland Terrace located in?
The 4100 Oakland Terrace is a house located in the neighborhood of Red Bank in Red Bank, Chattanooga.
What is the average sales price for listings in 4100 Oakland Terrace?
The average sales price for units in 4100 Oakland Terrace is $180,000 , or $180/sqft. currently.

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