Check Availability

1650 Fernwood Circle

1650 Fernwood Circle, Chattanooga, TN 37421
Sold Mar 22, 2005
$90,000
$194,000 by Movement Mortgage, Llc
Mortgage Due Jan 01, 2054
Local assessors in Chattanooga, TN have categorized 1650 Fernwood Circle as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1980. 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 800 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 2 full bathrooms. There are also 2 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 1650 Fernwood Circle has a total of 1,590 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 brick were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. 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, 1650 Fernwood Circle sold most recently in Mar 18, 2005 for a total of $90,000. If you work out the math, that's approximately a cost of $56.60 per sqft. 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 $876 in taxes each year. The initial year of tax delinquency occurred in 2022. 1650 Fernwood Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,175. 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. 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.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: 1962
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAKS UNIT 2
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 3 BLK E ROYAL OAKS UNIT 2 PB 21 PG 83 3273 05D 03

Ownership

  • Current Owner : PATY LISA SKILES
  • Previous Owner : GILLIAM RONALD A
  • Previous Owner 2: PROBATED #05-P-169
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011321

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 21 PG 83
  • Account Number: 0000101908
  • District: 1
  • Parcel: 159J E 003
  • Block: E
  • Lot: 3
  • Municipality: CHATTANOOGA
  • Latitude: 35.0116
  • Longitude: -85.1433

    Address

  • Full Address: 1650 Fernwood Cir
  • Address - House Number: 1650
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C047
  • 4-Digit Zip Code: 3216
  • Zip Code: 37421

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2023
  • Tax Amount: $876
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2721
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 61
  • Final Value: 275,924
  • High Value: 351,010
  • Low Value: 200,838

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Dec 20, 2023
  • First Open Lien Mortgage Loan Amount: $194,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $156,700
  • Market Land Value: $45,000
  • Market Improvement Value: $111,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,175

    Sales

  • Current Sale Contract Date: Mar 18, 2005
  • Current Sale Recording Date: Mar 22, 2005
  • Current Sale Transaction ID: 11449457577
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005032200175

    Last Sale Mortgage

  • First Mortgage Lender: FIRST VOLUNTEER BANK OF TENNES
  • First Mortgage Transaction Date: Mar 22, 2005
  • First Mortgage Loan Amount: $67,400
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Apr 01, 2025

About Hickory Valley - Hamilton Place



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1650 Fernwood Circle located in?
The 1650 Fernwood Circle is a located in the neighborhood of Hickory Valley - Hamilton Place in Hickory Valley - Hamilton Place, Chattanooga.
What is the average sales price for listings in 1650 Fernwood Circle?
The average sales price for units in 1650 Fernwood Circle is $0 currently.

Quantcast