G
Seller's Agent in 2020
Grace Frank
Real Estate Partners Chattanooga LLC
1020 Reads Lake Rd Chattanooga, TN 37415
Mountain Creek NeighborhoodEstimated Value: $632,000 - $715,000
3
Beds
3.5
Baths
3,613
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Barn
- Open Floorplan
- Family Room with Fireplace
- 3.72 Acre Lot
- Mountain View
- Wood Flooring
About This Home
As of March 2020Welcome to 1020 Reads Lake Rd, a grand custom home situated on 3.72 acres. A long private driveway leads up to the home, past wooded land and stunning views of Signal Mountain. Inside, the copious living space includes a formal dining room, cozy kitchen, butler's pantry, sunroom, central living room, and family room with a gorgeous stone fireplace. The expansive floor plan provides ideal entertaining space for hosting friends and family. The spacious master suite is located on the first floor, while upstairs there are two oversized bedrooms and a finished bonus room for additional flex space. This property also offers an abundance of outdoor living space featuring a large patio, a spacious lawn surrounded by landscaping designed by a master gardener, a koi pond, and an outbuilding for storage. Located just minutes from Hwy 27 access, this home is an easy drive from downtown Chattanooga and Hixson alike. An additional 2.20 acres on the property is being sold separately, but can be purchased in combination with the home for a package price of $500,000. With the additional acreage, horses or other farm animals could be kept on the property. If you are looking for a private home with a convenient location, look no further. Schedule your private showing today!
Last Agent to Sell the Property
Grace Frank
Real Estate Partners Chattanooga LLC Listed on: 11/15/2019
Last Buyer's Agent
Grace Frank
Real Estate Partners Chattanooga LLC Listed on: 11/15/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,546
Year Built
- Built in 1996
Lot Details
- 3.72 Acre Lot
- Fenced
- Gentle Sloping Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick or Stone Mason
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 3,613 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Wet Bar
- Central Vacuum
- Wood Burning Fireplace
- Gas Log Fireplace
- Wood Frame Window
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Great Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Den with Fireplace
- Game Room with Fireplace
- Bonus Room
- Screened Porch
- Mountain Views
- Basement
- Crawl Space
Kitchen
- Free-Standing Gas Range
- Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Enhanced Accessible Features
- Stair Lift
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Farming
- Barn
Utilities
- Multiple cooling system units
- Heating System Uses Natural Gas
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Scorey Subdivision
Listing and Financial Details
- Assessor Parcel Number 098m A 003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2019
Closed on
Mar 18, 2020
Sold by
Collins Mary Anne and Collins Mary Anne
Bought by
Stephens Randy E
Seller's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
Buyer's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
List Price
$575,000
Sold Price
$385,000
Premium/Discount to List
-$190,000
-33.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,630
Avg. Annual Appreciation
10.80%
Purchase Details
Listed on
Nov 15, 2019
Closed on
Mar 13, 2020
Sold by
Collins Mary Ann and Collins Joseph B
Bought by
Meyer James Evans
Seller's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
Buyer's Agent
Grace Frank
Real Estate Partners Chattanooga LLC
List Price
$575,000
Sold Price
$385,000
Premium/Discount to List
-$190,000
-33.04%
Purchase Details
Closed on
Aug 2, 1995
Bought by
Collins Joseph B and Collins Mary
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stephens Randy E | $110,000 | First Title | |
| Meyer James Evans | $385,000 | Cumberland Ttl & Guaranty Co | |
| Collins Joseph B | $107,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Collins Joseph B | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2020 03/13/20 | Sold | $385,000 | 0.0% | $107 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $385,000 | -33.0% | $107 / Sq Ft |
| 02/07/2020 02/07/20 | Pending | -- | -- | -- |
| 02/07/2020 02/07/20 | Pending | -- | -- | -- |
| 11/15/2019 11/15/19 | For Sale | $575,000 | 0.0% | $159 / Sq Ft |
| 06/28/2018 06/28/18 | For Sale | $575,000 | -- | $159 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $2,204 | $98,525 | $0 | $0 |
| 2023 | $2,204 | $98,525 | $0 | $0 |
| 2022 | $2,204 | $98,525 | $0 | $0 |
| 2021 | $2,204 | $98,525 | $0 | $0 |
| 2020 | $2,337 | $90,150 | $0 | $0 |
| 2019 | $2,493 | $90,150 | $0 | $0 |
| 2018 | $2,179 | $90,150 | $0 | $0 |
| 2017 | $2,493 | $90,150 | $0 | $0 |
| 2016 | $2,360 | $0 | $0 | $0 |
| 2015 | $4,446 | $85,350 | $0 | $0 |
| 2014 | $4,446 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1283977
APN: 098M-A-003
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