L
Seller's Agent in 2024
Linda Brock
Real Estate Partners Chattanooga, LLC
(423) 364-4663
61 in this area
620 Total Sales
1074 Meroney St Unit Lot 22 Chattanooga, TN 37405
Northshore NeighborhoodEstimated Value: $1,367,000 - $1,710,000
5
Beds
5.5
Baths
4,912
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- City View
- Separate Formal Living Room
- 2 Car Attached Garage
- Wood Flooring
- Covered Patio or Porch
- Wet Bar
About This Home
As of May 2024Capture the dream of ''having it all'' as you invest in the quality of yours and your family's life in the North Shore's very desirable residential community of Magnolia One. Surrounded in breathtaking views of Lookout Mountain, the Tennessee River and Chattanooga city views, you are constantly reminded you call home the Scenic City of Chattanooga! Living Magnolia One convenience may well be the best investment you ever gift you and your family by living within five minutes or less of where you work and play. Framed by lush, green vistas of Chattanooga's mountains and ridges, time will always be on your side. This five bedroom, 5.5 bath home offers a daylight, walk-out lower level featuring family//game/media room opening to lower covered porch & guest suite ideal for extended stay guests or ideal In-Law suite. All bedrooms offer private baths. Designed for casual, comfortable living with a seamless, open flow from living to dining, inside and out. The professionally organized and beautifully appointed kitchen boasts Thermador gas cooking with a full size refrigerator & full size freezer. So incredibly well planned, the island service side offers additional cabinet storage. Sensitive to the artful detail of sophisticated style and technology, this home not only will make life more convenient but also easier and more attractive to call home. With ten foot ceilings and eight foot openings on the main level, volume is promised. Masterfully crafted finishes with an abundance of natural light throughout that lives more comfortably, quietly & efficiently. Already strong and established, Magnolia One continues as one of the most desirable residential communities for consideration for your family's journey home. The future gated entrance will reduce traffic providing added comfort of secure play with sidewalks inviting evening walks once construction is completed while being just seconds from the heartbeat of downtown Chattanooga, Coolidge Park and the theatre district, the
Last Agent to Sell the Property
Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 01/30/2024
Last Buyer's Agent
Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 01/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,805
Year Built
- Built in 2018
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x95x50x95
- Level Lot
- Irrigation
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Stone Siding
Interior Spaces
- Property has 3 Levels
- Wet Bar
- Gas Fireplace
- Separate Formal Living Room
- Den with Fireplace
- City Views
- Fire and Smoke Detector
- Finished Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Outdoor Features
- Covered Deck
- Covered Patio or Porch
Schools
- Normal Park Museum Magnet Elementary And Middle School
- Red Bank High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
- Magnolia One Subdivision
Listing and Financial Details
- Assessor Parcel Number 126L N 006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2024
Closed on
May 24, 2024
Sold by
Frank Benjamin Charles and Frank Amanda Price
Bought by
Mitchell Adair R and Mitchell Andrew James
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
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
$206,388
Avg. Annual Appreciation
7.09%
Original Mortgage
$1,060,000
Outstanding Balance
$1,044,161
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$402,218
Purchase Details
Closed on
May 31, 2018
Sold by
Magnolia Investors Llc
Bought by
Price Frank Benjamin Charles and Price Frank Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,750
Interest Rate
4.4%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Mitchell Adair R | $1,325,000 | Cumberland Title | |
| Price Frank Benjamin Charles | $889,000 | Cumberland Title & Guaranty | |
| Magnolia Investors Llc | -- | Cumberland Title & Guaranty |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Adair R | $1,060,000 | |
| Previous Owner | Price Frank Benjamin Charles | $114,500 | |
| Previous Owner | Price Frank Benjamin Charles | $516,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $1,325,000 | -1.9% | $270 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | For Sale | $1,350,000 | -- | $275 / Sq Ft |
Source: Realtracs
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 | $5,886 | $263,075 | $0 | $0 |
| 2023 | $5,886 | $263,075 | $0 | $0 |
| 2022 | $5,886 | $263,075 | $0 | $0 |
| 2021 | $5,886 | $263,075 | $0 | $0 |
| 2020 | $4,664 | $168,675 | $0 | $0 |
| 2019 | $4,664 | $168,675 | $0 | $0 |
| 2018 | $4,866 | $96,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Brock
Map
Source: Realtracs
MLS Number: 2712186
APN: 126L-N-006
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