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511 Bitsy Lane

511 Bitsy Lane, Chattanooga, TN 37415
Sold May 03, 2002
$81,500
$30,135 by Bank Of America Na
Mortgage Due Sep 04, 2032
511 Bitsy Lane in Chattanooga, TN was first built in 1961 and is 63 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 is only one bathroom. There are 2 partial bathrooms. 511 Bitsy Lane has 1,339 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 1,001 ft and the linear feet between the front and back of the lot is 1,288. In total, the area measurement of the land is 12,894 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 wood shingle. As for heating, the home is utilizing a central heating system. The property was last sold in Apr 29, 2002 for $81,500. That's $60.87 per sqft. 511 Bitsy Lane was last assessed in 2023. The total value of the property was assessed at $43,075. 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 $1,753. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1961
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood shingle
  • 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: 12,894
  • Lot Size Depth Feet: 1,288
  • Lot Size Frontage Feet: 1,001
  • Total Building Area: 1,339
  • Building Area: 1,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LANDERS
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 LANDERS REV PB 19 PG 22

Ownership

  • Current Owner : LING EDWIN R
  • Current Owner 2: LING ANNIE L
  • Previous Owner : ELKINS JAY D
  • Previous Owner 2: ELKINS MITZI L

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 19 PG 22
  • Account Number: 0000034983
  • District: 3R
  • Parcel: 109G K 023
  • Lot: 21
  • Municipality: RED BANK
  • Latitude: 35.1256
  • Longitude: -85.277

    Address

  • Full Address: 511 Bitsy Ln
  • Address - House Number: 511
  • Address - Street Name: Bitsy
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 2928
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,534
  • Tax Year: 2023
  • Tax Amount: $1,753

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 282,221
  • High Value: 359,839
  • Low Value: 204,604

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $68,755
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2007
  • First Open Lien Mortgage Loan Amount: $30,135
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 04, 2032
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Apr 21, 2014
  • Second Open Lien Mortgage Loan Amount: $38,620
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2024

    Market Valuation

  • Market Total Value: $172,300
  • Market Land Value: $40,000
  • Market Improvement Value: $132,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,075

    Sales

  • Current Sale Contract Date: Apr 29, 2002
  • Current Sale Recording Date: May 03, 2002
  • Current Sale Transaction ID: 11449503259
  • Current Sale Price: $81,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2002050300123

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: May 03, 2002
  • First Mortgage Loan Amount: $65,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2032

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Frequently Asked Questions

What neighborhood is 511 Bitsy Lane located in?
The 511 Bitsy Lane is a located in the neighborhood of Lupton City - Norcross in Lupton City - Norcross, Chattanooga.
What is the average sales price for listings in 511 Bitsy Lane?
The average sales price for units in 511 Bitsy Lane is $0 currently.

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