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490 East Ridge Road

490 East Ridge Road, Dunlap, TN 37327
House in Sequatchie
Sold Jun 22, 2021
$120,000
$96,000 by Southeast Bank
Mortgage Due Jul 16, 2051
Sold May 08, 2007
Transfer
490 East Ridge Road has been categorized by the local assessors in Dunlap, TN as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1995. 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, 490 East Ridge Road has 1,032 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 1,600 ft and across the front of the lot is 1,700 ft. The area measurement of the land has been determined as 27,200 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 490 East Ridge Road sold most recently in Jun 22, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $116.28 per sqft. 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 $1,634 in taxes each year. 490 East Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,680. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $59,680. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding
Aluminum Siding

Parking

Off Street Parking
Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1995
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.624
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 4

Ownership

  • Current Owner : FOOTPATH CAPITAL LLC
  • Previous Owner : HITCHCOCK RONNIE
  • Previous Owner 2: HITCHCOCK LINDA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequatchie County School District
  • School Tax School District: 77218
  • Census Tract: 060103

Geography

  • Assessors Map Reference: 047H
  • District: 04
  • Parcel: 077047A E 01900
  • Municipality: DUNLAP
  • Latitude: 35.3725
  • Longitude: -85.3786

    Address

  • Full Address: 490 E Ridge Rd
  • Address - House Number: 490
  • Street Direction: E
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Dunlap
  • Carrier Code: H063
  • 4-Digit Zip Code: 3805
  • Zip Code: 37327

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,634
  • Tax Rate Code Area: 77A01

    Appraisal Valuation

  • Standard Deviation: 0.1107
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 119,646
  • High Value: 132,899
  • Low Value: 106,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: SOUTHEAST BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 16, 2051

    Market Valuation

  • Market Total Value: $169,200
  • Market Land Value: $20,000
  • Market Improvement Value: $149,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,680
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $59,680

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11841181029
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21001976
  • Previous Sale Recording Date: May 08, 2007
  • Previous Sale Document Type: Quit Claim Deed

About Dunlap



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 490 East Ridge Road located in?
The 490 East Ridge Road is a house located in the neighborhood of Sequatchie in Dunlap, Dunlap.
What is the average sales price for listings in 490 East Ridge Road?
The average sales price for units in 490 East Ridge Road is $0 currently.

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