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914 Spinnaker Way

914 Spinnaker Way, Chattanooga, TN 37402
Sold Sep 03, 2021
$550,000
$522,500 by Ark-la-tex Finance Services Ll
Mortgage Due Oct 01, 2051
Sold May 16, 2016
$305,200
$274,680 by Platinum Financial Funding Llc
Mortgage Due Jun 01, 2046
914 Spinnaker Way has been categorized by the local assessors in Chattanooga, TN as a residential type of property. The building on the property was first built in 2016 and is 8 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 914 Spinnaker Way has 2,205 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 914 Spinnaker Way was last sold in Sep 2, 2021 for $550,000. According to our calculations, that's $249.43 per sqft. Prior to that sales transaction, the property was sold for $305,200 in May 16, 2016. Current property owners are expected to pay $2,422 in taxes per year. The property on 914 Spinnaker Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $108,250. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,205
  • Building Area: 2,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,205
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMERON HARBOR SINGLE FAMILY HOME
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 38 CAMERON HARBOR PHASE II

Ownership

  • Current Owner : LUTZ ADAM VICTOR
  • Current Owner 2: LUTZ HANNAH
  • Previous Owner : METZ JOSH M
  • Previous Owner 2: METZ CHRISTINA N
  • Owner Before Previous Owner: CAMERON HARBOR HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 001600

Zoning

  • Zoning: C3

Geography

  • Account Number: 0000383471
  • District: 1
  • Parcel: 135N A 004 C238
  • Municipality: CHATTANOOGA
  • Latitude: 35.0516
  • Longitude: -85.3229

    Address

  • Full Address: 914 Spinnaker Way
  • Address - House Number: 914
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C004
  • 4-Digit Zip Code: 2186
  • Zip Code: 37402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,422

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 655,275
  • High Value: 819,445
  • Low Value: 491,105

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $582,500
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Loan Amount: $522,500
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: TENNESSEE VALLEY FCU
  • Second Open Lien Mortgage Recording Date: Nov 03, 2023
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 25, 2043

    Market Valuation

  • Market Total Value: $433,000
  • Market Land Value: $60,000
  • Market Improvement Value: $373,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,250

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11854657140
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021090300188
  • Previous Sale Recording Date: May 16, 2016
  • Previous Sale Contract Date: May 16, 2016
  • Previous Sale Amount: $305,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $522,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM FINANCIAL FUNDING LLC
  • Previous Mortgage Transaction Date: May 16, 2016
  • Previous Mortgage Loan Amount: $274,680
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 914 Spinnaker Way located in?
The 914 Spinnaker Way is a located in the neighborhood of Downtown Chattanooga in Downtown Chattanooga, Chattanooga.
What is the average sales price for listings in 914 Spinnaker Way?
The average sales price for units in 914 Spinnaker Way is $0 currently.

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