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425 Ft Trace Drive

425 Ft Trace Drive, Lookout Mountain, GA 30750
Property in Walker
Sold Jul 17, 2015
$613,000
$417,000 by Tjc Mortgage
Mortgage Due Aug 01, 2045
Sold May 19, 2005
$600,000
425 Ft Trace Drive in Lookout Mountain, GA was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 2008. 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 2 full bathrooms. There are 2 partial bathrooms. 425 Ft Trace Drive has 5,892 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. In total, the area measurement of the land is 85,378 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a garage. The garage is 1,014 sqft. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 17, 2015 for $613,000. That's $104.04 per sqft. Prior to that sales transaction, the property was also sold in May 19, 2005 for $600,000. 425 Ft Trace Drive was last assessed in 2023. The total value of the property was assessed at $394,322. Specifically, the land the property is located on was valued at $59,200. While improvements on the property were assessed at a total of $335,122. 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 $11,785. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,014
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 5,892
  • Building Area: 5,892
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORT TRACE SD
  • Land Acres: 1.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 26 & 27 FORT TRACE SD + ADDITIONAL LAND

Ownership

  • Current Owner : FORRESTER STEVEN D
  • Previous Owner : RAMEY J BLAIR
  • Owner Before Previous Owner: NOT PROVIDED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walker County School District
  • School Tax School District: LOOKOUT MTN
  • Census Tract: 020400

Geography

  • Account Number: 33187
  • District: 9/4
  • Parcel: 4002 019
  • Lot: 1
  • Municipality: CITY OF LOOKOUT
  • Latitude: 34.9806
  • Longitude: -85.3602

    Address

  • Full Address: 425 Fort Trce
  • Address - House Number: 425
  • Address - Street Name: Fort
  • Address - Suffix Type: Trce
  • State: GA
  • City Name: Lookout Mountain
  • Carrier Code: C002
  • 4-Digit Zip Code: 3102
  • Zip Code: 30750

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,785
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 1,111,022
  • High Value: 1,333,255
  • Low Value: 888,789

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $801,000
  • First Open Lien Mortgage Lender: TJC MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 17, 2015
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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, 2045
  • Second Open Lien Mortgage Lender: IBERIABANK
  • Second Open Lien Mortgage Recording Date: Jul 17, 2015
  • Second Open Lien Mortgage Loan Amount: $134,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2045
  • Third Open Lien Mortgage Lender: CITIZENS BANK
  • Third Open Lien Mortgage Recording Date: Dec 12, 2023
  • Third Open Lien Mortgage Loan Amount: $250,000
  • Third Open Lien Mortgage Term: 300
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $985,806
  • Market Land Value: $148,000
  • Market Improvement Value: $837,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,322
  • Assessed Land Value: $59,200
  • Assessed Improvements Value: $335,122

    Sales

  • Current Sale Contract Date: Jul 17, 2015
  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Transaction ID: 1265029675
  • Current Sale Price: $613,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-001470
  • Previous Sale Recording Date: May 19, 2005
  • Previous Sale Contract Date: May 19, 2005
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TJC MORTGAGE
  • First Mortgage Transaction Date: Jul 20, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045
  • Second Mortgage Lender: IBERIABANK
  • Second Mortgage Transaction Date: Jul 20, 2015
  • Second Mortgage Loan Amount: $134,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Aug 01, 2045

About Lookout Mountain



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Frequently Asked Questions

What neighborhood is 425 Ft Trace Drive located in?
The 425 Ft Trace Drive is a located in the neighborhood of Walker in Lookout Mountain, Lookout Mountain.
What is the average sales price for listings in 425 Ft Trace Drive?
The average sales price for units in 425 Ft Trace Drive is $0 currently.

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