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562 Mariner Way

562 Mariner Way, Chattanooga, TN 37402
Sold Sep 26, 2016
$542,000
$313,000 by Firstbank
Mortgage Due Oct 01, 2046
Sold May 27, 2016
$518,200
562 Mariner Way 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 2016 and is 8 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 562 Mariner Way has 2,356 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 562 Mariner Way was last sold in Sep 22, 2016 for $542,000. According to our calculations, that's $230.05 per sqft. Prior to that sales transaction, the property was sold for $518,200 in May 25, 2016. Current property owners are expected to pay $3,621 in taxes per year. The property on 562 Mariner Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $161,850. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,356
  • Building Area: 2,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,356
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMERON HIARBOR SINGLE FAMILY HOMES
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 28 CAMERON HARBOR PHASE II

Ownership

  • Current Owner : ROWLAND THOMAS T
  • Current Owner 2: ROWLAND CYNTHIA P
  • Previous Owner : VRABECK GEORGE
  • Owner Before Previous Owner: CAMERON HARBOR HOMES LLC
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 001600

Zoning

  • Zoning: C3

Geography

  • Account Number: 0000383461
  • District: 1
  • Parcel: 135N A 004 C228
  • Municipality: CHATTANOOGA
  • Latitude: 35.0516
  • Longitude: -85.3229

    Address

  • Full Address: 562 Mariner Way
  • Address - House Number: 562
  • Address - Street Name: Mariner
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C004
  • 4-Digit Zip Code: 2922
  • Zip Code: 37402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,621

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 901,534
  • High Value: 1,120,131
  • Low Value: 682,937

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $570,500
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Sep 26, 2016
  • First Open Lien Mortgage Loan Amount: $313,000
  • 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: Oct 01, 2046
  • Second Open Lien Mortgage Lender: FIRSTBANK
  • Second Open Lien Mortgage Recording Date: May 06, 2021
  • Second Open Lien Mortgage Loan Amount: $257,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $647,400
  • Market Land Value: $180,000
  • Market Improvement Value: $467,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,850

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Sep 26, 2016
  • Current Sale Transaction ID: 1779550383
  • Current Sale Price: $542,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016092600220
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: May 25, 2016
  • Previous Sale Amount: $518,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Sep 26, 2016
  • First Mortgage Loan Amount: $313,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 562 Mariner Way located in?
The 562 Mariner Way is a located in the neighborhood of Downtown Chattanooga in Downtown Chattanooga, Chattanooga.
What is the average sales price for listings in 562 Mariner Way?
The average sales price for units in 562 Mariner Way is $0 currently.

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