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6116 Sherwood Drive

6116 Sherwood Drive, Chattanooga, TN 37412
Property in East Ridge
Sold May 21, 2012
$140,000
$140,000 by First Title Insurance Co
Mortgage Due May 21, 2042
6116 Sherwood 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1972. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6116 Sherwood Drive has 2,077 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 3,725 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 33,527 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6116 Sherwood Drive sold most recently in May 18, 2012 for a total of $140,000. If you work out the math, that's approximately a cost of $67.40 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,805 in taxes each year. The initial year of tax delinquency occurred in 2019. 6116 Sherwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • 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: 33,527
  • Lot Size Depth Feet: 3,725
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,077
  • Building Area: 2,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD ADDN 1ST UN
  • Land Acres: 0.769
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLK F EDGEWOOD ADDN UNIT 1 PB 17 PG61 REV 39-177

Ownership

  • Current Owner : CORNELIUS SCOTT H
  • Current Owner 2: CORNELIUS TRACY S
  • Previous Owner : GOFF MCMAHON JOSEPH AARON
  • Previous Owner 2: GOFF MCMOHAN MERCER
  • 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: 0000113387
  • District: 2E
  • Parcel: 169E B 006
  • Municipality: EAST RIDGE
  • Latitude: 34.9964
  • Longitude: -85.2166

    Address

  • Full Address: 6116 Sherwood Dr
  • Address - House Number: 6116
  • 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: 2,266
  • Tax Year: 2023
  • Tax Amount: $1,805
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 340,899
  • High Value: 425,107
  • Low Value: 256,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: FIRST TITLE INSURANCE CO
  • First Open Lien Mortgage Recording Date: May 21, 2012
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: May 21, 2042

    Market Valuation

  • Market Total Value: $206,000
  • Market Land Value: $35,000
  • Market Improvement Value: $171,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,500

    Sales

  • Current Sale Contract Date: May 18, 2012
  • Current Sale Recording Date: May 21, 2012
  • Current Sale Transaction ID: 1105823295
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012052100125

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TITLE INSURANCE CO
  • First Mortgage Transaction Date: May 21, 2012
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

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Frequently Asked Questions

What neighborhood is 6116 Sherwood Drive located in?
The 6116 Sherwood Drive is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 6116 Sherwood Drive?
The average sales price for units in 6116 Sherwood Drive is $0 currently.

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