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722 South Lovell Avenue

722 South Lovell Avenue, Chattanooga, TN 37412
Property in East Ridge
Sold Oct 12, 2020
$179,900
$176,641 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2050
Sold Jan 07, 2020
$100,000
$80,000 by First Volunteer Bank
Mortgage Due Jan 10, 2023
722 South Lovell Avenue 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 1982. 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. 722 South Lovell Avenue has 1,290 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 780 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 10,374 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 unknown. As for heating, the home is utilizing a central heating system. The property was last sold in Oct 9, 2020 for $179,900. That's $139.46 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 2020 for $100,000. 722 South Lovell Avenue was last assessed in 2023. The total value of the property was assessed at $41,475. 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 $1,455. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1982
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 10,374
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHADY GROVE ADDN
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 2 BLK 13 SHADY GROVE ADDN PB 18 PG 41

Ownership

  • Current Owner : MIDDLETON TINA M
  • Previous Owner : WILSON JOSEPH C
  • Previous Owner 2: WILSON TINA M
  • Owner Before Previous Owner: SMITH JOHNSON RITA SHARON
  • Owner Before Previous Owner 2: SHIREY CAITLYN
  • 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 18 PG 41
  • Account Number: 0000113237
  • District: 2E
  • Parcel: 169B P 049
  • Block: 13
  • Lot: 2
  • Municipality: EAST RIDGE
  • Latitude: 34.9999
  • Longitude: -85.2338

    Address

  • Full Address: 722 S Lovell Ave
  • Address - House Number: 722
  • Street Direction: S
  • Address - Street Name: Lovell
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C010
  • 4-Digit Zip Code: 2942
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,364
  • Tax Year: 2023
  • Tax Amount: $1,455

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 274,926
  • High Value: 344,647
  • Low Value: 205,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,641
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Loan Amount: $176,641
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $165,900
  • Market Land Value: $35,000
  • Market Improvement Value: $130,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,475

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Transaction ID: 11791710337
  • Current Sale Price: $179,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020101200069
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Jan 03, 2020
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Oct 12, 2020
  • First Mortgage Loan Amount: $176,641
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST VOLUNTEER BANK
  • Previous Mortgage Transaction Date: Jan 07, 2020
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 10, 2023

About East Ridge



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Frequently Asked Questions

What neighborhood is 722 South Lovell Avenue located in?
The 722 South Lovell Avenue is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 722 South Lovell Avenue?
The average sales price for units in 722 South Lovell Avenue is $0 currently.

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