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859 McCallie Avenue

859 McCallie Avenue, Chattanooga, TN 37403
Property in Fort Wood
Sold Jul 20, 2023
$3,000,000
Sold Feb 07, 2018
$438,000
$1,207,000 by Millennium Bank
Mortgage
Local assessors in Chattanooga, TN have categorized 859 McCallie Avenue as a residential type of property. The home was built in 1908 and is 116 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 1,490 ft and the front of the lot was measured at 1,000 ft. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 wood truss style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. 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, 859 McCallie Avenue sold most recently in Jul 17, 2023 for a total of $3,000,000. If you work out the math, that's approximately a cost of $265.11 per sqft. Before that, the property was also sold for $438,000 in Feb 2, 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 $4,405 in taxes each year. 859 McCallie Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $196,880. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Asphalt
  • Floor Count: 4
  • Living Units: 32
  • Business/Commerical Units Count: 22
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 11,316
  • Gross Building Area: 11,316
  • Building Area: 11,316
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHMONDS ADDN
  • Land Acres: 1
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LT 9 RICHMONDS ADDN PB1 PG34 REV 11 1-129 22 UNITS

Ownership

  • Current Owner : HH PORTFOLIO FW859 LLC
  • Previous Owner : EH EIGHT59 LLC
  • Owner Before Previous Owner: SPARTAN INVESTMENTS GROUP LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: MB 1 PG 34
  • Account Number: 0000074390
  • District: 1
  • Parcel: 146H E 001.01
  • Lot: 8&9
  • Municipality: CHATTANOOGA
  • Latitude: 35.0433
  • Longitude: -85.2936

    Address

  • Full Address: 859 Mccallie Ave
  • Address - House Number: 859
  • Address - Street Name: Mccallie
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C003
  • 4-Digit Zip Code: 2621
  • Zip Code: 37403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,405

    Market Valuation

  • Market Total Value: $492,200
  • Market Land Value: $245,500
  • Market Improvement Value: $246,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,880

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Transaction ID: 11909875554
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 78
  • Previous Sale Recording Date: Feb 07, 2018
  • Previous Sale Contract Date: Feb 02, 2018
  • Previous Sale Amount: $438,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MILLENNIUM BANK
  • Previous Mortgage Transaction Date: Feb 07, 2018
  • Previous Mortgage Loan Amount: $1,207,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 859 McCallie Avenue located in?
The 859 McCallie Avenue is a located in the neighborhood of Fort Wood in North Chattanooga - Hill City - UTC, Chattanooga.
What is the average sales price for listings in 859 McCallie Avenue?
The average sales price for units in 859 McCallie Avenue is $0 currently.

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