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6114 Sherwood Drive

6114 Sherwood Drive, Chattanooga, TN 37412
Property in East Ridge
Sold Apr 03, 2023
$150,000
$98,697 by Liberty Home Mortgage Corp
Mortgage Due Apr 01, 2053
Sold Aug 03, 2022
$37,500
6114 Sherwood Drive in Chattanooga, TN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6114 Sherwood Drive has 1,139 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 2,093. In total, the area measurement of the land is 18,840 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of metal. 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 brick. As for heating, the home is utilizing a central heating system. The property was last sold in Mar 16, 2023 for $150,000. That's $131.69 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2022 for $37,500. 6114 Sherwood Drive was last assessed in 2023. The total value of the property was assessed at $34,550. 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 $1,214. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,840
  • Lot Size Depth Feet: 2,093
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,139
  • Building Area: 1,139
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,139
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD ADDN 1ST UN
  • Land Acres: 0.432
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 3 BLK F 1ST UNIT EDGEWOOD ADDN P B 17 PG 61 REV 39-177

Ownership

  • Current Owner : SEWARD JACOB
  • Current Owner 2: SEWARD ANN
  • Previous Owner : HILL KENNETH P
  • Previous Owner 2: HILL SHARON R
  • Owner Before Previous Owner: ANN SEWARD JO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 39 PG 177
  • Account Number: 0000113386
  • District: 2E
  • Parcel: 169E B 005
  • Municipality: EAST RIDGE
  • Latitude: 34.9964
  • Longitude: -85.2169

    Address

  • Full Address: 6114 Sherwood Dr
  • Address - House Number: 6114
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C004
  • 4-Digit Zip Code: 3908
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,348
  • Tax Year: 2023
  • Tax Amount: $1,214

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 233,406
  • High Value: 290,000
  • Low Value: 176,811

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,697
  • First Open Lien Mortgage Lender: LIBERTY HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Loan Amount: $98,697
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $138,200
  • Market Land Value: $35,000
  • Market Improvement Value: $103,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,550

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904643287
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 175
  • Previous Sale Recording Date: Aug 03, 2022
  • Previous Sale Contract Date: Aug 02, 2022
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 03, 2023
  • First Mortgage Loan Amount: $98,697
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

About East Ridge



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Frequently Asked Questions

What neighborhood is 6114 Sherwood Drive located in?
The 6114 Sherwood Drive is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 6114 Sherwood Drive?
The average sales price for units in 6114 Sherwood Drive is $0 currently.

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