NOT LISTED FOR SALE

Estimated Value: $1,196,000 - $1,503,000

4 Beds
4.5 Baths
3,643 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $779,300 $214 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,508/month

1 Day on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Family Room with Fireplace
  • Gated Community
  • Mountain View
  • Wood Flooring

About This Home

As of March 2020

Discover the difference and really live the dream as you invest in the quality of yours and your family's life in Magnolia One, North Chattanooga's newest gated residential community. In Magnolia One, convenience becomes your way of life placing you within five minutes or less of where you work and play while being surrounded in the lush, green vistas of Chattanooga's Scenic City. Already strong and established, Magnolia One is beginning to crawl with new life as its 28 residential sites begin each family's journey to home. The gated entrance will reduce traffic providing added comfort of secure play with sidewalks inviting evening walks surrounded by parklike summer days. Focusing on casual lifestyles with seamless, open plans from living areas to kitchens while always sensitive to the artful detail of sophisticated style and technology. North Chattanooga's Magnolia One strives not only to 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 an absolute. Masterfully crafted finishes and efficiency that lives more comfortably, more quietly and long term, most cost effectively. Magnolia One is living greener - inside and out.

** One time $400 transfer of HOA paid by Buyer at closing with first month's HOA Fee.

This home is new construction that will not be complete until late Spring/early Summer 2019.

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 10/02/2018

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 10/02/2018

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,345

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Lot Dimensions are 85x50
  • Level Lot
  • Front and Back Yard Sprinklers
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

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

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,643 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • High Ceiling
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Mountain Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Bureau of Land Management Grazing Rights

Listing and Financial Details

  • Assessor Parcel Number 126l M

Community Details

Overview

  • No Home Owners Association
  • Magnolia One Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,345

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 85x50
  • 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: One and One Half
  • Living Area: 3643.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2018
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 126l M
  • 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 Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 85x50
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • 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
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Multi Units: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Parking Features Kitchen Level2: Yes
  • Levels:One and One Half: Yes
  • Foundation Details Stone2: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Microwave, Gas Range, Disposal, Dishwasher
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Connected Shared Bathroom, Eat-in Kitchen, En Suite, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Pantry, Plumbed, Primary Downstairs, Separate Dining Room, Separate Shower, Soaking Tub, Stubbed, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows, Low-Emissivity Windows
  • ResoLivingAreaSource: Plans
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 2
  • 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
  • Security Features:Gated Community: Yes
  • Interior Features:Granite Counters: Yes
  • Pool Features:Community: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level, Split Possible, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: Community
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Fiber Cement
  • Exterior Features: Lighting
  • Foundation Details: Block, Brick/Mortar, Stone
  • Patio And Porch Features: Porch, Porch - Covered, Porch - Screened
  • Roof: Asphalt, Shingle
  • Construction Materials:Brick: 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
  • Window Features:Insulated Windows: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Gated Community, 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
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 126l M

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Mar 13, 2020
Sold by
Magnolia Investors Llc
Bought by
Todd Keri Garrison and Todd Matthew Justin
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
List Price
$685,000
Sold Price
$779,300
Premium/Discount to List
$94,300
13.77%
Current Estimated Value
$1,311,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,135
Avg. Annual Appreciation
7.72%
Original Mortgage
$770,000
Outstanding Balance
$694,972
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$473,037

Purchase Details

Closed on
May 31, 2018
Sold by
Jones Marcus and Jones Althea R
Bought by
Magnolia Investors Llc
Source: Public Records

Range of Values:

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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
Todd Keri Garrison $776,500 Cumberland Ttl & Guaranty Co
Magnolia Investors Llc -- Cumberland Title & Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Keri Garrison $770,000
Previous Owner Magnolia Investors Llc $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $779,300 +13.8% $214 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $685,000 -- $188 / 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 $4,345 $194,200 $0 $0
2023 $4,345 $194,200 $0 $0
2022 $4,345 $194,200 $0 $0
2021 $4,345 $194,200 $0 $0
2020 $3,360 $26,250 $0 $0
2019 $726 $26,250 $0 $0
2018 $1,324 $26,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1288928

Greater Chattanooga REALTORS®

APN: 126L-M-006