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816 Woodmore Lane

816 Woodmore Lane, Chattanooga, TN 37411
Property in Woodmore
Sold May 27, 2021
$186,900
$183,514 by Summit Funding Inc
Mortgage Due Jun 01, 2051
Sold Nov 26, 2019
$83,000
$108,500 by Terry Chain
Mortgage
816 Woodmore Lane 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 1956 and is 68 years old. Residents will have access to 2 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, 816 Woodmore Lane has 1,416 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 1,250 ft and across the front of the lot is 852 ft. The area measurement of the land has been determined as 43,560 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 wood. 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, 816 Woodmore Lane sold most recently in May 24, 2021 for a total of $186,900. If you work out the math, that's approximately a cost of $131.99 per sqft. Before that, the property was also sold for $83,000 in Nov 21, 2019. 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 $876 in taxes each year. 816 Woodmore Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,150. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • 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: 1,250
  • Lot Size Frontage Feet: 852
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TENN VALLEY REALTY C
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 TENNESSEE VALLEY REALTY CO PB 18 PG36

Ownership

  • Current Owner : LEE STEPHEN BAXTER
  • Current Owner 2: LEE TARYN FERGUSON
  • Previous Owner : GARCIA MIGUEL ANGEL
  • Previous Owner 2: BAGALAYOS MICHELLE RENAE
  • Owner Before Previous Owner: RUSSELL PATRICK D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 003300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 18 PG 36
  • Account Number: 0000080209
  • District: 1
  • Parcel: 147K C 004
  • Lot: 4
  • Municipality: CHATTANOOGA
  • Latitude: 35.033
  • Longitude: -85.2261

    Address

  • Full Address: 816 Woodmore Ln
  • Address - House Number: 816
  • Address - Street Name: Woodmore
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C008
  • 4-Digit Zip Code: 2309
  • Zip Code: 37411

Valuation

    Tax

  • Total Area: 1,416
  • Tax Year: 2023
  • Tax Amount: $876

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 433,827
  • High Value: 630,870
  • Low Value: 236,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,514
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $183,514
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $156,600
  • Market Land Value: $34,500
  • Market Improvement Value: $122,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,150

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836637240
  • Current Sale Price: $186,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021052700264
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 21, 2019
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $183,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TERRY CHAIN
  • Previous Mortgage Transaction Date: Nov 26, 2019
  • Previous Mortgage Loan Amount: $108,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Woodmore - Dalewood



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Nearby Rentals

Unit for rent at 107 Talley Road, Chattanooga, TN, 37411

$2,495 /mo

  • 4 Beds
  • 3 Baths
  • 2,737 ft²
107 Talley Road #107 Talley Road, Chattanooga, TN, 37411 Listing by Manager

Frequently Asked Questions

What neighborhood is 816 Woodmore Lane located in?
The 816 Woodmore Lane is a located in the neighborhood of Woodmore in Woodmore - Dalewood, Chattanooga.
What is the average sales price for listings in 816 Woodmore Lane?
The average sales price for units in 816 Woodmore Lane is $0 currently.

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