Sold Nov 02, 2020
$315,500
Buyer
Seller
$299,725
by Highlands Residential Mortgage
Mortgage Due Nov 01, 2050
Sold Mar 01, 2004
$210,000
Buyer
5912 Rainbow Springs Drive 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 1989 and is 35 years old.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 5912 Rainbow Springs Drive has 2,325 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 2,330 ft and across the front of the lot is 340 ft.
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 townhouse 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 5912 Rainbow Springs Drive was last sold in Oct 29, 2020 for $315,500. According to our calculations, that's $135.70 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Feb 27, 2004. Current property owners are expected to pay $1,792 in taxes per year. The property on 5912 Rainbow Springs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $78,469. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 5912 Rainbow Springs Drive was last sold in Oct 29, 2020 for $315,500. According to our calculations, that's $135.70 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Feb 27, 2004. Current property owners are expected to pay $1,792 in taxes per year. The property on 5912 Rainbow Springs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $78,469. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
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