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5301 Marion Avenue

5301 Marion Avenue, Chattanooga, TN 37412
Property in East Ridge
Sold Dec 21, 1995
$7,500
$116,471 by Franklin American Mortgage Co
Mortgage Due May 01, 2038
Sold Jun 30, 1995
Transfer
5301 Marion Avenue 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1976. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5301 Marion Avenue has 1,376 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,642 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,210 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of D- by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 1, 1970 for $7,500. That's $5.45 per sqft. 5301 Marion Avenue was last assessed in 2023. The total value of the property was assessed at $31,925. 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 $1,122. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D-
  • 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: 8,210
  • Lot Size Depth Feet: 1,642
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SNYDERS
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 1 S M SNYDERS ADDN NO 1 PB 14 PG 64

Ownership

  • Current Owner : TATUM FRANK R
  • Previous Owner : WALKER STEPHEN L
  • Owner Before Previous Owner: PEARL BROCK EFFIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 14 PG 64
  • Account Number: 0000114009
  • District: 2E
  • Parcel: 169G L 019
  • Lot: 1
  • Municipality: EAST RIDGE
  • Latitude: 34.9973
  • Longitude: -85.2333

    Address

  • Full Address: 5301 Marion Ave
  • Address - House Number: 5301
  • Address - Street Name: Marion
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C017
  • 4-Digit Zip Code: 3219
  • Zip Code: 37412

Valuation

    Tax

  • Total Area: 1,419
  • Tax Year: 2023
  • Tax Amount: $1,122

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 231,952
  • High Value: 288,194
  • Low Value: 175,710

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $154,135
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 06, 2008
  • First Open Lien Mortgage Loan Amount: $116,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2038
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Jul 26, 2021
  • Second Open Lien Mortgage Loan Amount: $20,000
  • 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: Jul 26, 2051
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Mar 01, 2022
  • Third Open Lien Mortgage Loan Amount: $15,164
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Dec 01, 2051
  • Fourth Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Fourth Open Lien Mortgage Recording Date: Sep 01, 2023
  • Fourth Open Lien Mortgage Loan Amount: $2,500
  • Fourth Open Lien Mortgage Term: 345
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: FHA
  • Fourth Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $127,700
  • Market Land Value: $35,000
  • Market Improvement Value: $92,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,925

    Sales

  • Current Sale Recording Date: Dec 21, 1995
  • Current Sale Transaction ID: 1105851559
  • Current Sale Price: $7,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 30, 1995
  • Previous Sale Document Type: Deed

About East Ridge



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Frequently Asked Questions

What neighborhood is 5301 Marion Avenue located in?
The 5301 Marion Avenue is a located in the neighborhood of East Ridge in East Ridge, Chattanooga.
What is the average sales price for listings in 5301 Marion Avenue?
The average sales price for units in 5301 Marion Avenue is $0 currently.

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