NOT LISTED FOR SALE

502 Spring Valley Ln Unit 2 Chattanooga, TN 37415

Mountain Creek Neighborhood

Estimated Value: $422,000 - $504,000

-- Bed
3 Baths
2,106 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 502 Spring Valley Ln Unit 2, Chattanooga, TN 37415 and is currently estimated at $452,577, approximately $214 per square foot. 502 Spring Valley Ln Unit 2 is a home located in Hamilton County with nearby schools including Red Bank Elementary School, Red Bank Middle School, and Red Bank High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Schaefer Angela Hope
Bought by
King Baron
Current Estimated Value
$452,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,598
Outstanding Balance
$375,440
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$60,028

Purchase Details

Closed on
Jun 11, 2021
Sold by
Jones Matthew and Jones Crystal
Bought by
Schaefer Angela Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2020
Sold by
Poppe Wayne
Bought by
Jones Matthew and Jones Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2019
Sold by
Northshore Acquisitions Llc
Bought by
Poppe Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 2019
Sold by
Lander Elliot P
Bought by
Northshore Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
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

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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
King Baron $425,000 --
Schaefer Angela Hope $310,000 Cumberland Ttl & Guaranty Co
Jones Matthew $230,000 Alliance Title Llc
Poppe Wayne $150,000 First Title
Northshore Acquisitions Llc $100,000 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Baron $385,598
Previous Owner Schaefer Angela Hope $73,500
Previous Owner Schaefer Angela Hope $190,000
Previous Owner Jones Matthew $223,100
Previous Owner Northshore Acquisitions Llc $110,000
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 $1,249 $55,825 $0 $0
2023 $1,249 $55,825 $0 $0
2022 $1,249 $55,825 $0 $0
2021 $1,249 $55,825 $0 $0
2020 $1,162 $42,025 $0 $0
2019 $1,162 $42,025 $0 $0
2018 $1,083 $42,025 $0 $0
2017 $1,162 $42,025 $0 $0
2016 $1,101 $0 $0 $0
2015 $2,136 $39,825 $0 $0
2014 $2,136 $0 $0 $0
Source: Public Records

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