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4906 Maryland Drive

4906 Maryland Drive, Chattanooga, TN 37412
Property in East Ridge
Sold Apr 13, 2021
$177,000
$132,750 by Movement Mortgage
Mortgage Due May 01, 2036
Sold Nov 30, 2016
$75,000
$88,000 by First Bank
Mortgage Due Oct 19, 2021
4906 Maryland Drive 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 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1973. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,570 ft and across the front of the lot is 1,035 ft. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 wood. In terms of heating, it is utilizing a gravity 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. 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, 4906 Maryland Drive sold most recently in Apr 8, 2021 for a total of $177,000. If you work out the math, that's approximately a cost of $94.05 per sqft. Before that, the property was also sold for $75,000 in Oct 20, 2016. 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 $1,922 in taxes each year. 4906 Maryland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,600. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • 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: 1,570
  • Lot Size Frontage Feet: 1,035
  • Total Building Area: 1,882
  • Gross Building Area: 1,882
  • Building Area: 1,882
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NW 1/4 SEC 32 TWP 2S R-3

Ownership

  • Current Owner : ROSSER ALEXIS
  • Previous Owner : TREECE MICHAEL THOMAS
  • Previous Owner 2: TREECE TISA
  • Owner Before Previous Owner: ABERCROMBIE JOHN D

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011600

Zoning

  • Zoning: R1

Geography

  • Account Number: 0000113233
  • District: 2E
  • Parcel: 169B P 045
  • Municipality: EAST RIDGE
  • Latitude: 34.9994
  • Longitude: -85.2345

    Address

  • Full Address: 4906 Maryland Dr
  • Address - House Number: 4906
  • Address - Street Name: Maryland
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C010
  • 4-Digit Zip Code: 2870
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 2,028
  • Tax Year: 2023
  • Tax Amount: $1,922

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 62
  • Final Value: 242,773
  • High Value: 307,388
  • Low Value: 178,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,750
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $132,750
  • 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: May 01, 2036

    Market Valuation

  • Market Total Value: $136,500
  • Market Land Value: $35,000
  • Market Improvement Value: $101,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,600

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11830855779
  • Current Sale Price: $177,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021041300386
  • Previous Sale Recording Date: Nov 30, 2016
  • Previous Sale Contract Date: Oct 20, 2016
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $132,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Nov 30, 2016
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 19, 2021

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Frequently Asked Questions

What neighborhood is 4906 Maryland Drive located in?
The 4906 Maryland Drive is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 4906 Maryland Drive?
The average sales price for units in 4906 Maryland Drive is $0 currently.

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