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7527 Savannah Drive

7527 Savannah Drive, Ooltewah, TN 37363
Sold Aug 18, 2003
$310,000
$248,000 by Bank Of America Na
Mortgage Due Aug 01, 2033
Sold Jul 10, 1997
$245,000
7527 Savannah Drive has been categorized by the local assessors in Ooltewah, TN as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7527 Savannah Drive has 2,972 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 3,900 ft and across the front of the lot is 1,048 ft. 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 a-frame 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. For the features and amenities located on the property. There is a carport for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 wood shingle. 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. 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, 7527 Savannah Drive sold most recently in Jul 25, 2003 for a total of $310,000. If you work out the math, that's approximately a cost of $104.31 per sqft. Before that, the property was also sold for $245,000 in Jul 3, 1997. 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 $2,806 in taxes each year. 7527 Savannah Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1972
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: A-frame
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,900
  • Lot Size Frontage Feet: 1,048
  • Total Building Area: 2,972
  • Building Area: 2,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JONES LEROY & W W HA
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 11 MAP OF LEROY JONES & W W HAYN ES PROP PB1265 PG87

Ownership

  • Current Owner : MCDOWELL TOMMY M
  • Current Owner 2: MCDOWELL BETTY J
  • Previous Owner : CAMPBELL DAVIDSON DONALD LOUIS
  • Previous Owner 2: CAMPBELL DAVIDSON MARYANN
  • Owner Before Previous Owner: CAPEHART SR EDWARD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011205

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: MB 1265 PG 87
  • Account Number: 0000030236
  • District: 2
  • Parcel: 103D A 009
  • Lot: 11
  • Municipality: COUNTY SOUTH
  • Latitude: 35.1553
  • Longitude: -85.0709

    Address

  • Full Address: 7527 Savannah Dr
  • Address - House Number: 7527
  • Address - Street Name: Savannah
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Ooltewah
  • Carrier Code: R004
  • 4-Digit Zip Code: 9286
  • Zip Code: 37363

Valuation

    Tax

  • Total Area: 2,358
  • Tax Year: 2023
  • Tax Amount: $2,806

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 698,366
  • High Value: 863,836
  • Low Value: 532,896

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $593,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 18, 2003
  • First Open Lien Mortgage Loan Amount: $248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033
  • Second Open Lien Mortgage Recording Date: Aug 18, 2003
  • Second Open Lien Mortgage Loan Amount: $31,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2033
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Dec 07, 2011
  • Third Open Lien Mortgage Loan Amount: $164,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Dec 01, 2041
  • Fourth Open Lien Mortgage Lender: COMTRUST FEDERAL CREDIT UNION
  • Fourth Open Lien Mortgage Recording Date: Aug 07, 2023
  • Fourth Open Lien Mortgage Loan Amount: $150,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Fourth Open Lien Mortgage Loan Due Date: Aug 07, 2053

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $275,000
  • Market Improvement Value: $225,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000

    Sales

  • Current Sale Contract Date: Jul 25, 2003
  • Current Sale Recording Date: Aug 18, 2003
  • Current Sale Transaction ID: 1106897322
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003081800321
  • Previous Sale Recording Date: Jul 10, 1997
  • Previous Sale Contract Date: Jul 03, 1997
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 18, 2003
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033
  • Second Mortgage Loan Amount: $31,000

About Ooltewah - Summit



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7527 Savannah Drive located in?
The 7527 Savannah Drive is a located in the neighborhood of Ooltewah - Summit in Ooltewah - Summit, Ooltewah.
What is the average sales price for listings in 7527 Savannah Drive?
The average sales price for units in 7527 Savannah Drive is $0 currently.

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