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8300 Whetstone Lane

8300 Whetstone Lane, Ooltewah, TN 37363
Property in Mill Run
Sold Aug 04, 2021
$531,500
$425,200 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold May 03, 2017
$397,500
$397,500 by Michael Riddle And Marcelle Ri
Mortgage
8300 Whetstone Lane has been categorized by the local assessors in Ooltewah, TN as a residential type of property. The building on the property was first built in 1986 and is 38 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8300 Whetstone Lane has 3,226 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 1,940 ft and across the front of the lot is 1,300 ft. The area measurement of the land has been determined as 43,560 square feet.

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 B- 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 shingle. 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, 8300 Whetstone Lane sold most recently in Aug 3, 2021 for a total of $531,500. If you work out the math, that's approximately a cost of $164.76 per sqft. Before that, the property was also sold for $397,500 in Apr 27, 2017. 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 $2,185 in taxes each year. 8300 Whetstone Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,250. 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. 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!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

Attached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B-
  • Exterior Walls Type: Wood shingle
  • 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: 1,940
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,226
  • Building Area: 3,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MILL RUN
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 38 MILL RUN 32-116

Ownership

  • Current Owner : DOUGLAS CHRISTOPHER S
  • Current Owner 2: DOUGLAS LAURA ANN
  • Previous Owner : RIDDLE MICHAEL
  • Previous Owner 2: RIDDLE MARCELLE
  • Owner Before Previous Owner: AUTEN RICHARD T
  • Owner Before Previous Owner 2: AUTEN EMILY B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011447

Geography

  • Assessors Map Reference: MB 32 PG 116
  • Account Number: 0000048307
  • District: 2
  • Parcel: 122M A 089
  • Lot: 38
  • Municipality: COUNTY SOUTH
  • Latitude: 35.0937
  • Longitude: -85.0711

    Address

  • Full Address: 8300 Whetstone Ln
  • Address - House Number: 8300
  • Address - Street Name: Whetstone
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Ooltewah
  • Carrier Code: R015
  • 4-Digit Zip Code: 8863
  • Zip Code: 37363

Valuation

    Tax

  • Total Area: 3,753
  • Tax Year: 2023
  • Tax Amount: $2,185

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 619,416
  • High Value: 766,180
  • Low Value: 472,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $490,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 04, 2021
  • First Open Lien Mortgage Loan Amount: $425,200
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 17, 2023
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2063

    Market Valuation

  • Market Total Value: $389,000
  • Market Land Value: $50,000
  • Market Improvement Value: $339,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,250

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11846359460
  • Current Sale Price: $531,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021080400122
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Contract Date: Apr 27, 2017
  • Previous Sale Amount: $397,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $425,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MICHAEL RIDDLE AND MARCELLE RI
  • Previous Mortgage Transaction Date: May 03, 2017
  • Previous Mortgage Loan Amount: $397,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Ooltewah - Summit



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Frequently Asked Questions

What neighborhood is 8300 Whetstone Lane located in?
The 8300 Whetstone Lane is a located in the neighborhood of Mill Run in Ooltewah - Summit, Ooltewah.
What is the average sales price for listings in 8300 Whetstone Lane?
The average sales price for units in 8300 Whetstone Lane is $0 currently.

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