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8117 Cornett Trail

8117 Cornett Trail, Hixson, TN 37343
Property in Middle Valley
Sold Oct 02, 2007
$312,500
Sold Nov 07, 2005
$285,000
$228,000 by Bank Of America Na
Mortgage Due Dec 01, 2035
8117 Cornett Trail in Hixson, TN was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8117 Cornett Trail has 1,932 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 164,657 square feet.

Learn more about the property and building on this page. 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 or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a central heating 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, 8117 Cornett Trail sold most recently in Sep 28, 2007 for a total of $312,500. If you work out the math, that's approximately a cost of $161.75 per sqft. Before that, the property was also sold for $285,000 in Nov 2, 2005. 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 $1,914 in taxes each year. 8117 Cornett Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,125. 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. 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. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 164,657
  • Total Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHATTANOOGA GARDEN FARMS SUBDIVISION
  • Land Acres: 3.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN GROVE AVE OUT OF 83C-A-32 FOR 1993

Ownership

  • Current Owner : WYATT ELBERT L
  • Current Owner 2: WYATT MELONIE S
  • Previous Owner : SMITH GREGORY KENT
  • Previous Owner 2: SMITH LISA W
  • Owner Before Previous Owner: WARD RICHARD JACK
  • Owner Before Previous Owner 2: WARD SHAWNEE LYNN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010412

Geography

  • Account Number: 0000133044
  • District: 3
  • Parcel: 083C A 032.01
  • Municipality: COUNTY NORTH
  • Latitude: 35.2013
  • Longitude: -85.1755

    Address

  • Full Address: 8117 Cornet Trl
  • Address - House Number: 8117
  • Address - Street Name: Cornet
  • Address - Suffix Type: Trl
  • State: TN
  • City Name: Hixson
  • Carrier Code: R018
  • 4-Digit Zip Code: 1692
  • Zip Code: 37343

Valuation

    Tax

  • Total Area: 2,885
  • Tax Year: 2023
  • Tax Amount: $1,914

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 552,723
  • High Value: 667,003
  • Low Value: 438,444

    Market Valuation

  • Market Total Value: $340,500
  • Market Land Value: $110,400
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,125

    Sales

  • Current Sale Contract Date: Sep 28, 2007
  • Current Sale Recording Date: Oct 02, 2007
  • Current Sale Transaction ID: 11449498325
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007100200032
  • Previous Sale Recording Date: Nov 07, 2005
  • Previous Sale Contract Date: Nov 02, 2005
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Oct 02, 2007
  • First Mortgage Loan Amount: $207,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 07, 2005
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8117 Cornett Trail located in?
The 8117 Cornett Trail is a located in the neighborhood of Middle Valley in Middle Valley, Hixson.
What is the average sales price for listings in 8117 Cornett Trail?
The average sales price for units in 8117 Cornett Trail is $0 currently.

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