NOT LISTED FOR SALE

10306 Magnolia Farm Dr Apison, TN 37302

Estimated Value: $576,000 - $693,000

5 Beds
3.5 Baths
3,116 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $499,000 $160 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,544/month

1 Day on Market

Highlights

  • Clubhouse
  • Deck
  • Porch
  • Apison Elementary School Rated A-
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of June 2021

FULL HOME INSPECTION DONE!!! You'll love this stunning 2-story home located in the popular Magnolia Farms subdivision zoned for East Hamilton schools. Featuring 5 bedrooms, 3 1/2 bathrooms and a 2-car garage....giving you 3100+ sq. ft. of spacious living with hardwood floors, open floor plan, separate dining plus eat-in kitchen. You'll love having the master suite on the main level with large walk in shower and spacious closet. There's also a laundry and butler's pantry just off the kitchen. Upstairs you will find 4 separate bedrooms and 2 full bathrooms, one of which is an en suite. This charming subdivision has sidewalks, community pool featuring a children's water play area. The shared community area also has a club house with bathrooms, grill, covered seating, playground and a ballfield. Call today for your private tour. All information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem to be important, including but not limited to sq. ft., school zone etc.

Last Buyer's Agent

Justin Tate

Real Estate Partners Chattanooga, LLC License #335702

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346

Year Built

  • Built in 2020

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,116 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Apison Elementary School
  • East Hamilton Middle School
  • East Hamilton High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 173H A 003

Community Details

Overview

  • Magnolia Farms Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$346

Year Built

Built in 2020

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4235555555
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Entry Foyer, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Den, Gas, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 3116
  • Building Area Units: Square Feet
  • Living Area: 3116
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener, Irrigation System
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Playground, Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.21
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 173H A 003
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 346

MLS Schools

  • Elementary School: Apison Elementary School
  • High School: East Hamilton High School
  • Middle Or Junior School: East Hamilton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 4, 2021
Sold by
Reed Jerry and Reed Andrea E
Bought by
Schaut Timothy and Schaut Laura
Buyer's Agent
Justin Tate
Real Estate Partners Chattanooga, LLC
List Price
$484,900
Sold Price
$499,000
Premium/Discount to List
$14,100
2.91%
Current Estimated Value
$626,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,642
Avg. Annual Appreciation
5.45%
Original Mortgage
$199,600
Outstanding Balance
$181,498
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$445,289

Purchase Details

Closed on
May 29, 2020
Sold by
Pratt & Associates Llc
Bought by
Pratt Home Buidlers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,282
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
May 27, 2020
Sold by
Pratt Homebuilders Llc
Bought by
Reed Jerry and Reed Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,282
Interest Rate
3.3%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Schaut Timothy $499,000 Foundation Title & Escrow
Pratt Home Buidlers Llc -- Team Title Legal Svcs Pllc
Reed Jerry $372,400 Team Title Services Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaut Timothy $199,600
Previous Owner Reed Jerry $354,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $499,000 +2.9% $160 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $484,900 -- $156 / Sq Ft
Source: Realtracs

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 $2,064 $92,250 $0 $0
2023 $2,064 $92,250 $0 $0
2022 $2,064 $92,250 $0 $0
2021 $2,064 $92,250 $0 $0
2020 $1,246 $12,500 $0 $0
2019 $346 $12,500 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2524734

Realtracs

APN: 173H-A-003