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5031 Hixson Pike

5031 Hixson Pike, Hixson, TN 37343
Land in Hixson
5031 Hixson Pike has been categorized by the local assessors in Hixson, TN as a commercial type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 1991. 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 2,800 ft and across the front of the lot is 1,451 ft. The area measurement of the land has been determined as 42,140 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. We know that this is 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". 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 rigid frame bar style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Oct 10, 2023 for $1,500,000. That's $189.85 per sqft. 5031 Hixson Pike was last assessed in 2023. The total value of the property was assessed at $464,840. 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 $10,400. 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! 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,140
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 1,451
  • Total Building Area: 7,901
  • Gross Building Area: 7,901
  • Building Area: 7,901
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: NORTHGATE CROSSING
  • Land Acres: 0.967
  • Standard Land Use Code: Restaurant
  • Legal Description 1: LT 3 NORTHGATE CROSSING PB32 PG127, REV 37-94

Ownership

  • Current Owner : FONSECA ROMAN
  • Current Owner 2: TAYLOR STEVEN CHRISTOPHER
  • Previous Owner : LBC ASSOCIATES CHATTANOOGA
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 05, 2024

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010431

Geography

  • Assessors Map Reference: MB 32 PG 127
  • Account Number: 0000037185
  • District: 1
  • Parcel: 110A B 001
  • Lot: 3
  • Municipality: CHATTANOOGA
  • Latitude: 35.135
  • Longitude: -85.2412

    Address

  • Full Address: 5031 Hixson Pike
  • Address - House Number: 5031
  • Address - Street Name: Hixson
  • Address - Suffix Type: Pike
  • State: TN
  • City Name: Hixson
  • Carrier Code: C009
  • 4-Digit Zip Code: 3924
  • Zip Code: 37343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 09, 2038

    Market Valuation

  • Market Total Value: $1,162,100
  • Market Land Value: $547,800
  • Market Improvement Value: $614,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,840

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914619705
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Oct 12, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Oct 09, 2038

About Hixson



Similar Buildings

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Nearby Rentals

Unit for rent at 1610 Chase Meadows Cir, Hixson, TN, 37343

$2,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,526 ft²
1610 Chase Meadows Cir, Hixson, TN, 37343 Listing by Manuel Martinez

Frequently Asked Questions

What neighborhood is 5031 Hixson Pike located in?
The 5031 Hixson Pike is a land located in the neighborhood of Hixson in Hixson, Hixson.
What is the average sales price for listings in 5031 Hixson Pike?
The average sales price for units in 5031 Hixson Pike is $0 currently.

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