See Home Value
$392,000 - $478,000
House - Off Market

58 Ridge Rd

Chattanooga, TN 37411
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3230 Sqft
Sold Jul 01, 2022
$318,000
$25,000,000 by Corevest American Finance Lend
Mortgage Due Jul 01, 2052
Sold Aug 13, 2020
$115,000

About This Property

Large home with space for everyone in a central location, 8 minutes to Downtown!

The manager has listed the unit size as 3230 square feet.
Unit Size
3,230Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$135
Property Type
House
Property Taxes
$1,320
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
Jan 17, 2024 No longer available -
No longer available
Nov 21, 2023 Listed $435,000
Listed
Jul 1, 2022 Sold $318,000
Sold
Jan 7, 2022 No longer available -
No longer available
Dec 19, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: E
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 862
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,227
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 1,083
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROVENCE & HEMPHILLS
  • Land Acres: 0.487
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0079 18 03 LT 3 PT 2 PROVENCE & H EMPHILLS CRESTVIEW ADDN PB6 PG46

Ownership

  • Current Owner : BAF RSMW 1 LLC
  • Previous Owner : KENNETH ADAMS
  • Owner Before Previous Owner: GDP PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 002800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 6 PG 46
  • Account Number: 0000090977
  • District: 1
  • Parcel: 156D E 009
  • Lot: 3&PT 2
  • Municipality: CHATTANOOGA
  • Latitude: 35.0271
  • Longitude: -85.256

    Address

  • Full Address: 58 Ridge Rd
  • Address - House Number: 58
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 4160
  • Zip Code: 37411

Valuation

    Tax

  • Total Area: 1,969
  • Tax Year: 2023
  • Tax Amount: $1,134
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0896
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 92
  • Final Value: 437,479
  • High Value: 476,694
  • Low Value: 398,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $25,000,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Loan Amount: $25,000,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $202,700
  • Market Land Value: $25,000
  • Market Improvement Value: $177,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,675

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Transaction ID: 11891614653
  • Current Sale Price: $318,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 207
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Mortgage Transaction Date: Jul 01, 2022
  • First Mortgage Loan Amount: $25,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,307 ft²
$178/ft²
$409,900 Oct 26, 2023
-
$118/mo
House
3 Beds
1.5 Baths
2,821 ft²
$172/ft²
$485,000 Oct 30, 2023
-
$161/mo

About Brainerd


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Frequently Asked Questions

When was property at 58 Ridge Road built and last sold?
The property at 58 Ridge Road was built in 1921 and last sold on Jun 29, 2022 for $318,000.
How much is this home worth?
The estimated value of the home located at 58 Ridge Road is $439,350.
What are some comparable homes to 58 Ridge Road?
Homes that are comparable to 58 Ridge Road include a house property at 3306 Provence Street, 311 North Germantown Road, which are both great to check out.

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