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4612 Lockington Lane

4612 Lockington Lane, Chattanooga, TN 37416
Property in Lake Hills
Sold Sep 27, 2001
$105,900
$25,000 by Suntrust Bank
Mortgage Due Aug 15, 2027
Sold Jun 10, 1996
$105,000
$65,000 by Chase Manhattan Mtg Corp
Mortgage Due Jul 01, 2026
4612 Lockington Lane in Chattanooga, TN was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1975. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 4612 Lockington Lane has 2,796 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 860 ft and the linear feet between the front and back of the lot is 1,400. 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 brick. As for heating, the home is utilizing a central heating system. The property was last sold in Sep 24, 2001 for $105,900. That's $37.88 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 1996 for $105,000. 4612 Lockington Lane was last assessed in 2023. The total value of the property was assessed at $54,275. 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 $1,214. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • 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: 1,400
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,796
  • Building Area: 2,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE HILLS THIRTEENT
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 207 LAKE HILLS UNIT 13 PB 20 PG 29

Ownership

  • Current Owner : CLAY JAMES
  • Current Owner 2: CLAY FREDDIE
  • Previous Owner : COCHRAN TOMMY L
  • Owner Before Previous Owner: ROBINSON STEVEN R
  • Owner Before Previous Owner 2: ROBINSON RUBY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011402

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 20 PG 29
  • Account Number: 0000056246
  • District: 1
  • Parcel: 129J G 011
  • Lot: PT 207
  • Municipality: CHATTANOOGA
  • Latitude: 35.0791
  • Longitude: -85.19

    Address

  • Full Address: 4612 Lockington Ln
  • Address - House Number: 4612
  • Address - Street Name: Lockington
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C003
  • 4-Digit Zip Code: 3106
  • Zip Code: 37416

Valuation

    Tax

  • Total Area: 2,469
  • Tax Year: 2023
  • Tax Amount: $1,214

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 333,498
  • High Value: 414,201
  • Low Value: 252,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $25,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $25,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 15, 2027

    Market Valuation

  • Market Total Value: $217,100
  • Market Land Value: $30,000
  • Market Improvement Value: $187,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,275

    Sales

  • Current Sale Contract Date: Sep 24, 2001
  • Current Sale Recording Date: Sep 27, 2001
  • Current Sale Transaction ID: 1107517720
  • Current Sale Price: $105,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2001092700048
  • Previous Sale Recording Date: Jun 10, 1996
  • Previous Sale Contract Date: Jun 07, 1996
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW HORIZON MTG LLC
  • First Mortgage Transaction Date: Sep 27, 2001
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Jun 10, 1996
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2026

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Frequently Asked Questions

What neighborhood is 4612 Lockington Lane located in?
The 4612 Lockington Lane is a located in the neighborhood of Lake Hills in Bonny Oaks - Highway 58, Chattanooga.
What is the average sales price for listings in 4612 Lockington Lane?
The average sales price for units in 4612 Lockington Lane is $0 currently.

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