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504 Lullwater Road

504 Lullwater Road, Chattanooga, TN 37405
Property in Red Bank
Sold Feb 07, 2019
$80,000
$83,700 by Movement Mortgage
Mortgage Due Apr 01, 2049
Sold Apr 11, 2013
$34,900
$24,000 by Fsgbank Na
Mortgage Due Apr 10, 2018
504 Lullwater Road 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1983. 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, 504 Lullwater Road has 1,008 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 1,500 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 11,250 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 are a total of 2 available parking spaces. 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 asphalt. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a central 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. The property was last sold in Feb 7, 2019 for $80,000. That's $79.37 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2013 for $34,900. 504 Lullwater Road was last assessed in 2023. The total value of the property was assessed at $29,250. 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 $1,213. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1959
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RUSTIC VILLAGE UNIT
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 15 RUSTIC VILLAGE UNIT 2 PB20 PG 13

Ownership

  • Current Owner : ANDERSON TEAGUE R
  • Previous Owner : MUSCHEL ERIC S
  • Owner Before Previous Owner: KC ENTERPRISES LLC

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010800

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB 20 PG 13
  • Account Number: 0000048804
  • District: 3R
  • Parcel: 126C B 029
  • Lot: 15
  • Municipality: RED BANK
  • Latitude: 35.0924
  • Longitude: -85.3198

    Address

  • Full Address: 504 Lullwater Rd
  • Address - House Number: 504
  • Address - Street Name: Lullwater
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C009
  • 4-Digit Zip Code: 4618
  • Zip Code: 37405

Valuation

    Tax

  • Total Area: 1,107
  • Tax Year: 2023
  • Tax Amount: $1,213

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 211,709
  • High Value: 270,605
  • Low Value: 152,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,700
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 22, 2019
  • First Open Lien Mortgage Loan Amount: $83,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $117,000
  • Market Land Value: $40,000
  • Market Improvement Value: $77,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,250

    Sales

  • Current Sale Contract Date: Feb 07, 2019
  • Current Sale Recording Date: Feb 07, 2019
  • Current Sale Transaction ID: 11570719128
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019020700157
  • Previous Sale Recording Date: Apr 11, 2013
  • Previous Sale Contract Date: Apr 10, 2013
  • Previous Sale Amount: $34,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FSGBANK NA
  • Previous Mortgage Transaction Date: Apr 11, 2013
  • Previous Mortgage Loan Amount: $24,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 10, 2018

About Red Bank



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Frequently Asked Questions

What neighborhood is 504 Lullwater Road located in?
The 504 Lullwater Road is a located in the neighborhood of Red Bank in Red Bank, Chattanooga.
What is the average sales price for listings in 504 Lullwater Road?
The average sales price for units in 504 Lullwater Road is $0 currently.

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