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8501 Horseshoe Bend Lane

8501 Horseshoe Bend Lane, Ooltewah, TN 37363
Sold Jan 06, 2022
$505,000
$355,000 by Summit Funding Inc
Mortgage Due Feb 01, 2052
Sold May 24, 2018
$32,400
8501 Horseshoe Bend 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 2019 and is 5 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8501 Horseshoe Bend Lane has 2,786 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 1,520 ft and across the front of the lot is 1,240 ft. The area measurement of the land has been determined as 18,864 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 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, 8501 Horseshoe Bend Lane sold most recently in Jan 4, 2022 for a total of $505,000. If you work out the math, that's approximately a cost of $181.26 per sqft. Before that, the property was also sold for $32,400 in May 22, 2018. 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 $2,041 in taxes each year. 8501 Horseshoe Bend Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,825. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D+
  • 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: 18,864
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 2,786
  • Building Area: 2,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HORSESHOE BEND ESTAT
  • Land Acres: 0.433
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 1 HORSESHOE BEND ESTATES PB47 PG 120

Ownership

  • Current Owner : PARILLA SEAN
  • Current Owner 2: PARILLA CASSIC
  • Previous Owner : ALBANAN ISRAEL
  • Previous Owner 2: RODRIGUEZ CINDY E
  • Owner Before Previous Owner: KLINNER THOMAS L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011205

Geography

  • Assessors Map Reference: MB 47 PG 120
  • Account Number: 0000127825
  • District: 2
  • Parcel: 113L B 029
  • Lot: 1
  • Municipality: COUNTY SOUTH
  • Latitude: 35.122
  • Longitude: -85.0695

    Address

  • Full Address: 8501 Horseshoe Bend Ln
  • Address - House Number: 8501
  • Address - Street Name: Horseshoe Bend
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Ooltewah
  • Carrier Code: R015
  • 4-Digit Zip Code: 5606
  • Zip Code: 37363

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,041

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 562,075
  • High Value: 677,919
  • Low Value: 446,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $355,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $363,300
  • Market Land Value: $50,000
  • Market Improvement Value: $313,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,825

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11877172093
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022010600162
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 22, 2018
  • Previous Sale Amount: $32,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

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Frequently Asked Questions

What neighborhood is 8501 Horseshoe Bend Lane located in?
The 8501 Horseshoe Bend Lane is a located in the neighborhood of Ooltewah - Summit in Ooltewah - Summit, Ooltewah.
What is the average sales price for listings in 8501 Horseshoe Bend Lane?
The average sales price for units in 8501 Horseshoe Bend Lane is $0 currently.

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