4516 Rocky River Road

Local assessors in Chattanooga, TN have categorized 4516 Rocky River Road as a commercial type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1985. 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 2,840 ft and the front of the lot was measured at 1,880 ft. 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.

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. 4516 Rocky River Road is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a wood truss style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. The property was last sold in Jan 4, 2021 for $160,000. That's $136.05 per sqft. Prior to that sales transaction, the property was also sold in Mar 19, 2004 for $110,000. 4516 Rocky River Road was last assessed in 2023. The total value of the property was assessed at $60,160. 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 $1,346. The initial tax year of delinquency was in 2022. 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. 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.