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7970 Burgundy Circle

7970 Burgundy Circle, Chattanooga, TN 37421
Property in Collegedale
Refi Aug 03, 2017
Transfer
$167,500 by Preston Maddox
Mortgage Due Aug 03, 2047
Local assessors in Chattanooga, TN have categorized 7970 Burgundy Circle as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 850 ft. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7970 Burgundy Circle has a total of 2,972 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. 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 were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,283 in taxes each year. 7970 Burgundy Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,025. 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. 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.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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C-
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,972
  • Building Area: 2,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BROCK POINTE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 89 BROCK POINTE PB88 PG131 OUT O F 139-7 FOR 2008

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011311

Geography

  • Assessors Map Reference: MB 88 PG 131
  • Account Number: 0000162096
  • District: 1
  • Parcel: 139M C 069
  • Lot: 89
  • Municipality: CHATTANOOGA
  • Latitude: 35.0518
  • Longitude: -85.1189

    Address

  • Full Address: 7970 Burgundy Cir
  • Address - House Number: 7970
  • Address - Street Name: Burgundy
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C042
  • 4-Digit Zip Code: 1287
  • Zip Code: 37421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,283

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 579,911
  • High Value: 720,523
  • Low Value: 439,298

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: PRESTON MADDOX
  • First Open Lien Mortgage Recording Date: Aug 03, 2017
  • First Open Lien Mortgage Loan Amount: $167,500
  • 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: Aug 03, 2047
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: PRESTON MADDO
  • Second Open Lien Mortgage Recording Date: Aug 03, 2017
  • Second Open Lien Mortgage Loan Amount: $167,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2047
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $408,100
  • Market Land Value: $45,000
  • Market Improvement Value: $363,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,025

About Collegedale



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Frequently Asked Questions

What neighborhood is 7970 Burgundy Circle located in?
The 7970 Burgundy Circle is a located in the neighborhood of Collegedale in Collegedale, Chattanooga.
What is the average sales price for listings in 7970 Burgundy Circle?
The average sales price for units in 7970 Burgundy Circle is $0 currently.

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