NOT LISTED FOR SALE

Estimated Value: $578,720

-- Bed
-- Bath
9,420 Sq Ft
$61/Sq Ft Est. Value

About This Home

This home is located at 2450 E 40th St, Chattanooga, TN 37407 and is currently estimated at $578,720, approximately $61 per square foot. 2450 E 40th St is a home located in Hamilton County with nearby schools including East Lake Elementary, East Lake Academy Of Fine Arts, and The Howard School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Hmd Realty Partners Llc
Bought by
Wf Properties Llc
Current Estimated Value
$578,720

Purchase Details

Closed on
Jul 2, 2024
Sold by
Lift Truck Sales & Service Inc
Bought by
Hmd Realty Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 2006
Sold by
Gravitt Yun H and Jones Pyong
Bought by
Lift Truck Sales & Service Inc

Purchase Details

Closed on
Aug 30, 2004
Sold by
Gravitt Kenneth and Gravitt Della
Bought by
Gravitt Yun H and Jones Pyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 1999
Sold by
Mechanical Piping Systems Inc
Bought by
Gravitt Kenneth H and Gravitt Marcus D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.76%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wf Properties Llc $577,000 Cumberland Title & Guaranty
Wf Properties Llc $577,000 Cumberland Title & Guaranty
Hmd Realty Partners Llc $37,680 None Listed On Document
Lift Truck Sales & Service Inc $276,000 Century Title & Escrow Inc
Gravitt Yun H $270,000 Century Title & Escrow Inc
Gravitt Kenneth H $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wf Properties Llc $400,000
Previous Owner Hmd Realty Partners Llc $300,000
Previous Owner Lift Truck Sles & Service Inc $146,000
Previous Owner Guinn Owen $252,000
Previous Owner Lift Truck Sales & Rental Inc $252,000
Previous Owner Gravitt Yun H $202,500
Previous Owner Gravitt Kenneth H $200,000
Previous Owner Gravitt Kenneth H $125,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,073 $137,360 $0 $0
2023 $3,073 $137,360 $0 $0
2022 $3,073 $137,360 $0 $0
2021 $3,073 $137,360 $0 $0
2020 $3,376 $122,080 $0 $0
2019 $3,376 $122,080 $0 $0
2018 $3,918 $122,080 $0 $0
2017 $3,376 $122,080 $0 $0
2016 $3,265 $0 $0 $0
2015 $7,028 $118,080 $0 $0
2014 $7,028 $0 $0 $0
Source: Public Records

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