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4506 Locksley Lane

4506 Locksley Lane, Chattanooga, TN 37416
Sold Dec 16, 2021
$395,000
$195,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2037
Sold Aug 08, 2011
$1,500
Local assessors in Chattanooga, TN have categorized 4506 Locksley Lane as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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. If we look only at the heated or air conditioned part of the building, then 4506 Locksley Lane has a total of 2,541 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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. 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 - D. The building has a gable or hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. 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, 4506 Locksley Lane sold most recently in Dec 16, 2021 for a total of $395,000. If you work out the math, that's approximately a cost of $155.45 per sqft. Before that, the property was also sold for $1,500 in Jul 22, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,759 in taxes each year. 4506 Locksley Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,625. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,260
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,541
  • Building Area: 2,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,541
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MURRAY HILLS SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 2 BLK 10 MURRAY HILLS FOURTH ADD N PB19 PG21 OUT OF 129H-B-006 FOR 2 005

Ownership

  • Current Owner : COOPER KEVIN
  • Current Owner 2: WALTE COOPER KIMBERLY
  • Previous Owner : PATTON MICHAEL T
  • Previous Owner 2: PATTON VIVIAN M
  • Owner Before Previous Owner: TINDELL WILLIAM T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011411

Geography

  • Assessors Map Reference: MB 19 PG 21
  • Account Number: 0000154462
  • District: 1
  • Parcel: 129H B 006.01
  • Block: 10
  • Lot: 2
  • Municipality: CHATTANOOGA
  • Latitude: 35.0877
  • Longitude: -85.2031

    Address

  • Full Address: 4506 Locksley Ln
  • Address - House Number: 4506
  • Address - Street Name: Locksley
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C003
  • 4-Digit Zip Code: 2912
  • Zip Code: 37416

Valuation

    Tax

  • Total Area: 2,378
  • Tax Year: 2023
  • Tax Amount: $1,759

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 463,726
  • High Value: 561,683
  • Low Value: 365,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $314,500
  • Market Land Value: $35,000
  • Market Improvement Value: $279,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,625

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11874912909
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021121600204
  • Previous Sale Recording Date: Aug 08, 2011
  • Previous Sale Contract Date: Jul 22, 2011
  • Previous Sale Amount: $1,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4506 Locksley Lane located in?
The 4506 Locksley Lane is a located in the neighborhood of Dupont - Murray Hills in Dupont - Murray Hills, Chattanooga.
What is the average sales price for listings in 4506 Locksley Lane?
The average sales price for units in 4506 Locksley Lane is $0 currently.

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