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858 Oak Street

858 Oak Street, Chattanooga, TN 37403
House in Fort Wood
Sold Jul 12, 2021
$675,000
$540,000 by Ark-la-tex Financial Services
Mortgage Due Aug 01, 2051
Sold Jul 16, 2020
$550,000
$412,500 by Cogent Bank
Mortgage
858 Oak Street in Chattanooga, TN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 858 Oak Street has 2,732 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 270 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 4,023 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 B. The exterior walls of the home are made of brick. As for heating, the home is utilizing a central heating system. The property was last sold in Jul 2, 2021 for $675,000. That's $247.07 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 2020 for $550,000. 858 Oak Street was last assessed in 2023. The total value of the property was assessed at $136,300. 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 $3,049. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Exterior Walls Type: Brick
  • 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: 4,023
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 270
  • Total Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICHMONDS ADDN
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 12-B RICHMONDS ADDN PB1 PG34 REV 77-56

Ownership

  • Current Owner : DOWNER MATTHEW P
  • Previous Owner : DOWNER PAUL
  • Previous Owner 2: DOWNER RACHEL
  • Owner Before Previous Owner: KAVANAUGH JO BETH
  • Owner Before Previous Owner 2: THE JO BETH KAVANAUGH REVOCABL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 012400

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MB 1 PG 34
  • Account Number: 0000074424
  • District: 1
  • Parcel: 146H E 026
  • Lot: PT 12
  • Municipality: CHATTANOOGA
  • Latitude: 35.0435
  • Longitude: -85.2932

    Address

  • Full Address: 858 Oak St
  • Address - House Number: 858
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C003
  • 4-Digit Zip Code: 2408
  • Zip Code: 37403

Valuation

    Tax

  • Total Area: 2,459
  • Tax Year: 2023
  • Tax Amount: $3,049
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 827,376
  • High Value: 994,803
  • Low Value: 659,950

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $573,750
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Loan Amount: $540,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: CUMBERLAND TITLE & GUARANTY CO
  • Second Open Lien Mortgage Recording Date: Jul 12, 2021
  • Second Open Lien Mortgage Loan Amount: $33,750
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $545,200
  • Market Land Value: $80,000
  • Market Improvement Value: $465,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,300

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11842565211
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021071200237
  • Previous Sale Recording Date: Jul 16, 2020
  • Previous Sale Contract Date: Jul 16, 2020
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051
  • Second Mortgage Lender: CUMBERLAND TITLE & GUARANTY CO
  • Second Mortgage Transaction Date: Jul 12, 2021
  • Second Mortgage Loan Amount: $33,750

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Jul 16, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $412,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 858 Oak Street located in?
The 858 Oak Street is a house located in the neighborhood of Fort Wood in North Chattanooga - Hill City - UTC, Chattanooga.
What is the average sales price for listings in 858 Oak Street?
The average sales price for units in 858 Oak Street is $0 currently.

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