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515 South St Marks Avenue

515 South St Marks Avenue, Chattanooga, TN 37412
Property in East Ridge
Sold May 03, 2010
$48,500
$77,077 by Mortgage Investors Group Inc
Mortgage Due May 01, 2040
Sold Mar 01, 2010
$11,500
515 South St Marks Avenue in Chattanooga, TN was first built in 1943 and is 81 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 515 South St Marks Avenue has 1,884 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 600 ft and the linear feet between the front and back of the lot is 1,680. In total, the area measurement of the land is 10,080 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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, 515 South St Marks Avenue sold most recently in Apr 30, 2010 for a total of $48,500. If you work out the math, that's approximately a cost of $25.74 per sqft. Before that, the property was also sold for $11,500 in Feb 26, 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 $1,350 in taxes each year. 515 South St Marks Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,450. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1943
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMILTON PLACE
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 27 BLK 15 HAMILTON PLACE PB8 PG3 5 REV 92-153

Ownership

  • Current Owner : RICHMOND DIANE F
  • Previous Owner : KC ENTERPRISES LLC
  • Owner Before Previous Owner: I BUY HOUSES CASH INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 8 PG 35
  • Account Number: 0000113153
  • District: 2E
  • Parcel: 169B M 024
  • Block: 15
  • Lot: 27
  • Municipality: EAST RIDGE
  • Latitude: 35.0034
  • Longitude: -85.2309

    Address

  • Full Address: 515 S Saint Marks Ave
  • Address - House Number: 515
  • Street Direction: S
  • Address - Street Name: Saint Marks
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C017
  • 4-Digit Zip Code: 2963
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,867
  • Tax Year: 2023
  • Tax Amount: $1,350

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 270,263
  • High Value: 335,795
  • Low Value: 204,732

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,077
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 03, 2010
  • First Open Lien Mortgage Loan Amount: $77,077
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $153,800
  • Market Land Value: $35,000
  • Market Improvement Value: $118,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,450

    Sales

  • Current Sale Contract Date: Apr 30, 2010
  • Current Sale Recording Date: May 03, 2010
  • Current Sale Transaction ID: 11449575979
  • Current Sale Price: $48,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010050300288
  • Previous Sale Recording Date: Mar 01, 2010
  • Previous Sale Contract Date: Feb 26, 2010
  • Previous Sale Amount: $11,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 03, 2010
  • First Mortgage Loan Amount: $77,077
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

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Frequently Asked Questions

What neighborhood is 515 South St Marks Avenue located in?
The 515 South St Marks Avenue is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 515 South St Marks Avenue?
The average sales price for units in 515 South St Marks Avenue is $0 currently.

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