8950 Chaffin Lane

Local assessors in Chattanooga, TN have categorized 8950 Chaffin Lane as a residential type of property. The home was built in 1992 and is 32 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 1,500 ft and the front of the lot was measured at 950 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8950 Chaffin Lane has a total of 1,888 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 - D+. The building has a gable or hip style roof that was made of asphalt. Lots of wood shingle were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. The property was last sold in Feb 8, 2016 for $195,350. That's $103.47 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2012 for $179,900. 8950 Chaffin Lane was last assessed in 2023. The total value of the property was assessed at $65,300. 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 $1,470. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.