NOT LISTED FOR SALE

1016 Mushroom Way Signal Mountain, TN 37377

Mountain Creek Neighborhood

Estimated Value: $88,872 - $275,000

3 Beds
2 Baths
1,325 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $105,850 $80 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,054/month

22 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • No HOA
  • Thrasher Elementary School Rated A-
  • Wooded Lot
  • Walk-In Closet

About This Home

As of June 2017

The BANK HAS CALLED FOR HIGHEST & BEST. ALL OFFERS ARE DUE IN BY MONDAY MAY 15, 2017 10:00 AM. It was built in 1973 and has 1325 square feet of living space. Six rooms: 3 bedrooms, 2 baths, Living room with a large kitchen with eat in area. With a little work and updating it will be move in ready. Conveyance will be via Special Warranty Deed. Seller will choose the closing entity. Proof of funds or pre-quantification letter with earnest monies required on all offers submitted. If buyer is getting financing before offer can be submitted buyer must have a pre-approval letter from Fay Servicing. Also before offers can be submitted you must have offer work sheet. Proof of funds required on cash transactions; Lender Pre-approval letter for financed offers (dated within last 30 daYS

Last Agent to Sell the Property

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 05/04/2017

Last Buyer's Agent

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 05/04/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 41x194.09
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Living Room
  • Carpet
  • Mountain Views
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Outbuilding

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle School
  • Signal Mtn High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Phillips Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 116e C 006.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 41X194.09
  • Subdivision Name: Phillips
  • Directions: 3/4 of the way up Signal Mtn just past Sunset Dr is Mushroom Way.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1325.0
  • New Construction: No
  • Year Built: 1973
  • Location Tax and Legal Parcel Number2: 116e C 006.04
  • Location Tax and Legal Elementary School: Thrasher Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Signal Mtn
  • Location Tax and Legal:Tax Annual Amount: 1430.92
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Dimensions: 41X194.09
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Foundation Details BrickMortar: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Cooling:None5: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Open Floorplan, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Lot Features: Level, Wooded
  • Pool Features: None
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Shingle
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Thrasher Elementary
  • High School: Signal Mtn
  • Middle Or Junior School: Signal Mountain Middle

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Additional Parcels: No
  • Parcel #: 116e C 006.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1430.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Moyi Property Llc
Bought by
State Of Tennessee
Current Estimated Value
$185,718

Purchase Details

Closed on
Jun 3, 2022
Sold by
Yi Zhang
Bought by
Moyi Property Llc

Purchase Details

Listed on
May 4, 2017
Closed on
May 30, 2017
Sold by
Diplomat Property Manager Llc
Bought by
Zhang Ti
Seller's Agent
Aaron Shipley
Blue Key Properties LLC
Buyer's Agent
Aaron Shipley
Blue Key Properties LLC
List Price
$99,900
Sold Price
$105,850
Premium/Discount to List
$5,950
5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Arnold Karl E and Arnold Dana
Bought by
Diplomat Properties Manager Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
State Of Tennessee $86,205 None Listed On Document
State Of Tennessee $86,205 None Listed On Document
Moyi Property Llc -- Hon & Kopet
Zhang Ti $1,058,500 None Available
Diplomat Properties Manager Llc $87,900 None Available
Arnold Karl $100,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Karl $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $105,850 +6.0% $80 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $99,900 -- $75 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $779 $34,825 $0 $0
2023 $779 $34,825 $0 $0
2022 $779 $34,825 $0 $0
2021 $779 $34,825 $0 $0
2020 $792 $28,625 $0 $0
2019 $792 $28,625 $0 $0
2018 $778 $28,625 $0 $0
2017 $792 $28,625 $0 $0
2016 $780 $0 $0 $0
2015 $1,546 $28,200 $0 $0
2014 $1,546 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aaron Shipley

    Seller's Agent in 2017

    Aaron Shipley

    Blue Key Properties LLC

    (423) 421-8888

    4 in this area

    189 Total Sales

    Aaron Shipley
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1263361

Greater Chattanooga REALTORS®

APN: 116E-C-006.04

Tennessee Hamilton County Signal Mountain 37377 Mountain Creek

1016 Mushroom Way, Signal Mountain, TN

This home is located at 1016 Mushroom Way, Signal Mountain, TN 37377 since 04 May 2017 and is currently estimated at $185,718, approximately $140 per square foot. This property was built in 1973. 1016 Mushroom Way is a home located in Hamilton County with nearby schools including Thrasher Elementary School, Signal Mountain Middle/High School, and Baylor School.

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