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504 Oak Tree Drive

504 Oak Tree Drive, Chattanooga, TN 37415
Sold Aug 18, 2016
$154,000
$154,000 by Farmington Mortgage
Mortgage Due Sep 01, 2046
Sold Mar 31, 2010
$130,000
$124,643 by Platinum Mortgage Inc
Mortgage Due Apr 01, 2040
504 Oak Tree Drive in Chattanooga, TN was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1983. 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. 504 Oak Tree Drive has 1,437 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 900 ft and the linear feet between the front and back of the lot is 1,582. 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. 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, 504 Oak Tree Drive sold most recently in Aug 18, 2016 for a total of $154,000. If you work out the math, that's approximately a cost of $107.17 per sqft. Before that, the property was also sold for $130,000 in Mar 30, 2010. 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 $1,176 in taxes each year. 504 Oak Tree Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,575. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1971
  • Effective Year Built: 1983
  • 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: 1,582
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST HIGHLANDS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1890A 15B 13 LT 48 BLK 9 FOREST HIG HLANDS PB23 PG127

Ownership

  • Current Owner : HICKS VICKI H
  • Previous Owner : BROWN LAQUITA
  • Owner Before Previous Owner: EBERLE JOHN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 23 PG 127
  • Account Number: 0000036453
  • District: 1
  • Parcel: 109N A 017
  • Block: 9
  • Lot: 48
  • Municipality: CHATTANOOGA
  • Latitude: 35.118
  • Longitude: -85.2748

    Address

  • Full Address: 504 Oak Tree Dr
  • Address - House Number: 504
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 2920
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 2,010
  • Tax Year: 2023
  • Tax Amount: $1,176

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 328,257
  • High Value: 408,916
  • Low Value: 247,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,000
  • First Open Lien Mortgage Lender: FARMINGTON MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 18, 2016
  • First Open Lien Mortgage Loan Amount: $154,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $210,300
  • Market Land Value: $40,000
  • Market Improvement Value: $170,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,575

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Transaction ID: 1816603658
  • Current Sale Price: $154,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016081800208
  • Previous Sale Recording Date: Mar 31, 2010
  • Previous Sale Contract Date: Mar 30, 2010
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMINGTON MORTGAGE
  • First Mortgage Transaction Date: Aug 18, 2016
  • First Mortgage Loan Amount: $154,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 31, 2010
  • Previous Mortgage Loan Amount: $124,643
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Lupton City - Norcross



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Frequently Asked Questions

What neighborhood is 504 Oak Tree Drive located in?
The 504 Oak Tree Drive is a located in the neighborhood of Lupton City - Norcross in Lupton City - Norcross, Chattanooga.
What is the average sales price for listings in 504 Oak Tree Drive?
The average sales price for units in 504 Oak Tree Drive is $0 currently.

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