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608 Wood Lane

608 Wood Lane, Chattanooga, TN 37415
Sold May 20, 2020
$261,500
$235,350 by Independent Bank
Mortgage Due Jun 01, 2050
Sold May 24, 2016
$179,900
$176,641 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2046
Local assessors in Chattanooga, TN have categorized 608 Wood Lane as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 22,941 square feet. The linear feet between the front and back of the lot was measured at 1,901 ft and the front of the lot was measured at 1,206 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 608 Wood Lane has a total of 2,028 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of wood shingle were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. The property was last sold in May 19, 2020 for $261,500. That's $128.94 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2016 for $179,900. 608 Wood Lane was last assessed in 2023. The total value of the property was assessed at $66,650. 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 $2,674. 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. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,941
  • Lot Size Depth Feet: 1,901
  • Lot Size Frontage Feet: 1,206
  • Total Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAVENWOOD UNIT 2
  • Land Acres: 0.526
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 RAVENWOOD ADDN PB24 PG10

Ownership

  • Current Owner : BARRY DAVID
  • Current Owner 2: BARRY REGINA
  • Previous Owner : GARZA EDWARD D
  • Owner Before Previous Owner: FARMER RITA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010501

Geography

  • Assessors Map Reference: MB 24 PG 10
  • Account Number: 0000035573
  • District: 3R
  • Parcel: 109J J 016
  • Lot: 6
  • Municipality: RED BANK
  • Latitude: 35.1248
  • Longitude: -85.2738

    Address

  • Full Address: 608 Wood Ln
  • Address - House Number: 608
  • Address - Street Name: Wood
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 2318
  • Zip Code: 37415

Valuation

    Tax

  • Total Area: 2,267
  • Tax Year: 2023
  • Tax Amount: $2,674

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 407,714
  • High Value: 507,897
  • Low Value: 307,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,350
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $235,350
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $266,600
  • Market Land Value: $50,000
  • Market Improvement Value: $216,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,650

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11762138206
  • Current Sale Price: $261,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020052000036
  • Previous Sale Recording Date: May 24, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $235,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: May 24, 2016
  • Previous Mortgage Loan Amount: $176,641
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Lupton City - Norcross



Similar Buildings

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Nearby Rentals

Unit for rent at 3612 Highland Terrace Dr, Chattanooga, TN, 37415

$1,950 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,789 ft²
3612 Highland Terrace Dr, Chattanooga, TN, 37415 Listing by Ashley Burns

Frequently Asked Questions

What neighborhood is 608 Wood Lane located in?
The 608 Wood Lane is a house located in the neighborhood of Lupton City - Norcross in Lupton City - Norcross, Chattanooga.
What is the average sales price for listings in 608 Wood Lane?
The average sales price for units in 608 Wood Lane is $0 currently.

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