NOT LISTED FOR SALE

Estimated Value: $1,609,000 - $2,312,000

5 Beds
4.5 Baths
4,705 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $1,100,000 $234 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,058/month

322 Days on Market

Highlights

  • In Ground Pool
  • 1.3 Acre Lot
  • Wood Flooring
  • Lookout Mountain Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of August 2018

Elegant, yet comfortable, 5 bedroom, 4.5 bath mountain home with an in-ground pool situated on a rare and private 1.3 +/- acre parcel comprised of 3 lots in the heart of Lookout Mountain, TN. The owners have made some remarkable changes to this European-style family and/or entertainment-friendly home to better suit their needs and give it a fresh and open concept, all the while still retaining the charm and feel of the original house. In addition to the natural garden areas, there is plenty of space for both children, pets and adults alike to romp and play in the spacious yard and the pool area which can be overseen from the covered stone patio and the amazing screened porch. The screened porch also makes the perfect spot to relax in style while enjoying the music from the overhead speakers, curling up with a good book or having your morning coffee. The grounds alone are worth the trip, but wait until you see the kitchen that is not only beautiful, but it is extremely functional and a home chef's dream with marble countertops around the perimeter with subway tile backsplash, an oversized center granite island, custom cabinetry with self-closing pull out drawers, 2 built in hutches with glass lit displays and chopping block surfaces, veggie sink with 2nd disposal, 6 burner Viking gas range with griddle and double convection ovens, 2 Marval refrigerator drawers, SubZero fridge, double Fisher and Paykel dishwasher drawers, farm sink, pantry with organizer system and access to a convenient mud room with an additional farm sink, built-in cubicles, slate floor and handmade tile. You will love how the sellers have opened up the huge dining room to the foyer and living room, moving and enlarging the powder room and reconfiguring a convenient office with built-in desk system. The original living room is now the perfect family room with a gas fireplace and access to the screened porch.

Last Agent to Sell the Property

Jay Robinson

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239036404 License #255994 Listed on: 07/21/2017

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Katherine Smith

Greater Downtown Realty dba Keller Williams Realty License #279522,294185

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,910

Year Built

  • Built in 1928

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 404.5x147
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Lookout Mountain Elementary School
  • Lookout Valley Middle / High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 166L A 004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,910

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1928
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4239036404
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
  • Appliances: Refrigerator, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 4149
  • Below Grade Sq Ft: 556
  • Building Area Units: Square Feet
  • Living Area: 4705
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stucco, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Screened, Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Amenities: Tennis Court(s)
  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Wooded, Corner Lot, Other
  • Lot Size Acres: 1.3
  • Lot Size: 404.5X147
  • Lot Size Units: Acres
  • Parcel #: 166L A 004
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7910

MLS Schools

  • Elementary School: Lookout Mountain Elementary School
  • High School: Lookout Valley Middle / High School
  • Middle Or Junior School: Lookout Valley Middle / High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 1, 2018
Sold by
Buchanan Matthew and Buchanan Angela
Bought by
Murray Ringland S and Murray Kristi P
Seller's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Current Estimated Value
$1,925,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,198
Avg. Annual Appreciation
7.94%
Original Mortgage
$1,045,000
Outstanding Balance
$916,893
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$959,404

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 29, 2016
Sold by
Rice David Watson and Rice Frances M
Bought by
Buchanan Matthew and Buchanan Angela
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Jay Robinson
Keller Williams Realty
List Price
$1,100,000
Sold Price
$935,000
Premium/Discount to List
-$165,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$872,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Cumberland Trust & Ivestment Co
Bought by
Patton James B and Patton Kathy K

Purchase Details

Closed on
Sep 27, 1999
Sold by
Gray John D and Gray Catherine L
Bought by
Rice David Watson and Rice Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,865
Interest Rate
8.22%
Source: Public Records

Range of Values:

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Average Value
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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
Murray Ringland S $1,100,000 None Available
Buchanan Matthew $935,000 Cumberland Title & Guaranty
Patton James B $325,000 Cumberland Title & Guaranty
Rice David Watson $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Ringland S $1,045,000
Previous Owner Buchanan Matthew $872,000
Previous Owner Rice David Watson $131,000
Previous Owner Rice David Watson $666,809
Previous Owner Rice David Watson $139,000
Previous Owner Rice David Watson $669,488
Previous Owner Rice David Watson $196,124
Previous Owner Rice David W $47,000
Previous Owner Rice David Watson $588,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $1,100,000 -18.5% $234 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
07/21/2017 07/21/17 For Sale $1,350,000 +44.4% $287 / Sq Ft
04/29/2016 04/29/16 Sold $935,000 -15.0% $225 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $1,100,000 -- $265 / 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 $6,209 $277,500 $0 $0
2023 $6,218 $277,500 $0 $0
2022 $6,218 $277,500 $0 $0
2021 $6,218 $277,500 $0 $0
2020 $6,288 $227,075 $0 $0
2019 $6,288 $227,075 $0 $0
2018 $6,288 $227,075 $0 $0
2017 $6,288 $227,075 $0 $0
2016 $4,764 $0 $0 $0
2015 $4,764 $171,950 $0 $0
2014 $4,764 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2327559

Realtracs

APN: 166L-A-004