Check Availability

5217 Cheryl Lane

5217 Cheryl Lane, Chattanooga, TN 37415
Sold Oct 12, 2020
$180,000
$138,000 by Reliant Bank
Mortgage Due Oct 12, 2050
Sold Mar 06, 2020
$53,500
5217 Cheryl Lane in Chattanooga, TN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. The linear feet across the front of the lot is 842 ft and the linear feet between the front and back of the lot is 2,200. 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 wood shingle. As for heating, the home is utilizing a central heating system. The property was last sold in Oct 8, 2020 for $180,000. That's $103.69 per sqft. Prior to that sales transaction, the property was also sold in Mar 6, 2020 for $53,500. 5217 Cheryl Lane was last assessed in 2023. The total value of the property was assessed at $40,500. 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 $1,722. 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. 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.

Building Features

Exterior

Stone Exterior

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Duplex
  • 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: 43,560
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 842
  • Total Building Area: 1,736
  • Gross Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ANSELL GADD ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT PT 2 ANSEL GADD ESTATE PB 12 PG 18 1830A 05 003B

Ownership

  • Current Owner : INNOV8 LLC
  • Previous Owner : THOMAS PAUL
  • Previous Owner 2: THOMAS LISA
  • Owner Before Previous Owner: LANDRUM JOHN W
  • Owner Before Previous Owner 2: LANDRUM SINDAH
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010600

Zoning

  • Zoning: R2

Geography

  • Account Number: 0000026642
  • District: 3R
  • Parcel: 099K B 006
  • Municipality: RED BANK
  • Latitude: 35.1452
  • Longitude: -85.2732

    Address

  • Full Address: 5217 Cheryl Ln
  • Address - House Number: 5217
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C030
  • 4-Digit Zip Code: 1833
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 1,736
  • Tax Year: 2023
  • Tax Amount: $1,722

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 278,494
  • High Value: 341,662
  • Low Value: 215,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: RELIANT BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Loan Amount: $138,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2050

    Market Valuation

  • Market Total Value: $162,000
  • Market Land Value: $60,000
  • Market Improvement Value: $102,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,500

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Transaction ID: 11791952361
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020101200193
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $53,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RELIANT BANK
  • First Mortgage Transaction Date: Oct 12, 2020
  • First Mortgage Loan Amount: $138,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Falling Water - Browntown



Similar Buildings

Currently no similar buildings around

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 5217 Cheryl Lane located in?
The 5217 Cheryl Lane is a multifamily located in the neighborhood of Falling Water - Browntown in Falling Water - Browntown, Chattanooga.
What is the average sales price for listings in 5217 Cheryl Lane?
The average sales price for units in 5217 Cheryl Lane is $0 currently.

Quantcast