Check Availability

7007 Palermo Drive

7007 Palermo Drive, Chattanooga, TN 37421
Property in Bella Vista
Sold Mar 08, 2019
$170,000
$166,920 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2049
7007 Palermo Drive in Chattanooga, TN was first built in 1967 and is 57 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 split level style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7007 Palermo Drive has 1,637 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 1,000 ft and the linear feet between the front and back of the lot is 1,940. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. 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 7, 2019 for $170,000. That's $103.85 per sqft. 7007 Palermo Drive was last assessed in 2023. The total value of the property was assessed at $49,425. 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 $1,106. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1967
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,637
  • Building Area: 1,637
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BELLA VISTA ACRES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 112 BELLA VISTA ACRES PB 24 PG 39

Ownership

  • Current Owner : BRAUER CORBAN
  • Current Owner 2: BRAUER AMY
  • Previous Owner : EIDSON DARLINE
  • Previous Owner 2: THE LEE R ELLIS MARITAL TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011446

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 24 PG 39
  • Account Number: 0000082743
  • District: 1
  • Parcel: 148M D 019
  • Lot: 112
  • Municipality: CHATTANOOGA
  • Latitude: 35.0277
  • Longitude: -85.168

    Address

  • Full Address: 7007 Palermo Dr
  • Address - House Number: 7007
  • Address - Street Name: Palermo
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C030
  • 4-Digit Zip Code: 5745
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 2,087
  • Tax Year: 2023
  • Tax Amount: $1,106

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 317,880
  • High Value: 398,113
  • Low Value: 237,647

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $175,420
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 08, 2019
  • First Open Lien Mortgage Loan Amount: $166,920
  • 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, 2049
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Mar 08, 2019
  • Second Open Lien Mortgage Loan Amount: $8,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Mar 08, 2049

    Market Valuation

  • Market Total Value: $197,700
  • Market Land Value: $60,000
  • Market Improvement Value: $137,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,425

    Sales

  • Current Sale Contract Date: Mar 07, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Transaction ID: 11589293942
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019030800134

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 08, 2019
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

About Hickory Valley - Hamilton Place



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7817 Legacy Park Ct, Chattanooga, TN, 37421

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,720 ft²
7817 Legacy Park Ct, Chattanooga, TN, 37421 Listing by Donna Darnes

Frequently Asked Questions

What neighborhood is 7007 Palermo Drive located in?
The 7007 Palermo Drive is a located in the neighborhood of Bella Vista in Hickory Valley - Hamilton Place, Chattanooga.
What is the average sales price for listings in 7007 Palermo Drive?
The average sales price for units in 7007 Palermo Drive is $0 currently.

Quantcast