NOT LISTED FOR SALE

Estimated Value: $1,386,611 - $1,720,000

5 Beds
5.5 Baths
4,912 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $1,325,000 $270 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,077/month

33 Days on Market

Highlights

  • City View
  • Outdoor Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Bonus Room

About This Home

As of May 2024

Capture 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 Walnut Street Bridge, the West Village & the Southside. Scenic City Chattanooga's Magnolia One Home. No Place Like It!

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 01/31/2024

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 01/31/2024

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,805

Year Built

  • Built in 2018

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 50x95x50x95
  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • City
  • Mountain

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 4,912 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Magnolia One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126l N 006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,805

Year Built

Built in 2018

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x95x50x95
  • Subdivision Name: Magnolia One
  • Directions: From Cherokee Blvd./Frazier Avenue, turn onto N. Market Street (away from downtown, toward North Chattanooga), follow N. Market Street to right onto Dallas Road, left on Meroney Street
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Living Area: 4912.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2018
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 126l N 006
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal Middle Or Junior School2: Normal Park Upper
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 11804.9
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 0.11
  • General Property Information Lot Size Square Feet2: 4750.0
  • General Property Information Lot Size Dimensions: 50x95x50x95
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Wall Oven: Yes
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Levels Three Or More: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Window Features Clad: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Tankless Water Heater, Refrigerator, Microwave, Gas Water Heater, Gas Range, Disposal, Dishwasher, Convection Oven
  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Family Room, Gas Log, Outside
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Other
  • Interior Amenities: Double Vanity, Eat-in Kitchen, En Suite, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Soaking Tub, Tub/shower Combo, Walk-In Closet(s), Wet Bar
  • Window Features: Clad, Wood Frames
  • ResoLivingAreaSource: Appraiser
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Partial: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Outside2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Level, Split Possible, Sprinklers In Front, Sprinklers In Rear
  • View: City, Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Shingle Siding, Stone
  • Exterior Features: Lighting
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Lot Size Sq Ft: 4750.0
  • Additional Parcels: No
  • Parcel #: 126l N 006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11804.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 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%
Views
27
Current Estimated Value
$1,537,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,153
Avg. Annual Appreciation
11.78%
Original Mortgage
$1,060,000
Outstanding Balance
$1,048,796
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$482,592

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 31, 2018
Sold by
Magnolia Investors Llc
Bought by
Price Frank Benjamin Charles and Price Frank Amanda
Seller's Agent
Linda Brock
Horizon Sotheby's International Realty
Buyer's Agent
Melissa Barcelona
Keller Williams Realty
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$516,750
Interest Rate
4.4%
Mortgage Type
New Conventional
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
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
03/10/2024 03/10/24 Off Market $1,350,000 -- --
03/05/2024 03/05/24 For Sale $1,350,000 0.0% $275 / Sq Ft
01/31/2024 01/31/24 For Sale $1,350,000 +100.0% $275 / Sq Ft
05/31/2018 05/31/18 Sold $675,000 -2.0% $205 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $689,000 -- $209 / 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 $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

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1385956

Greater Chattanooga REALTORS®

APN: 126L-N-006