NOT LISTED FOR SALE

Estimated Value: $1,477,000 - $1,780,000

5 Beds
4.5 Baths
4,822 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $1,137,100 $236 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,635/month

3 Days on Market

Highlights

  • City View
  • 2 Fireplaces
  • Covered Patio or Porch
  • Wood Flooring
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of August 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 park like 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. 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 Summer 2020.

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 03/06/2020

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46x90
  • Level Lot
  • Irrigation

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • 2 Fireplaces
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • City Views
  • Fire and Smoke Detector
  • Dishwasher
  • Finished Basement

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 002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 2020

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • Attribution Contact: 4233644663
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Elevator, Entry Foyer, High Ceilings, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 3702
  • Below Grade Sq Ft: 1120
  • Building Area Units: Square Feet
  • Living Area: 4822
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener, Irrigation System
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Screened, Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: City, 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
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, 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

  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Tankless Water Heater, Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.12
  • Lot Size: 46X90
  • Lot Size Units: Acres
  • Parcel #: 126L N 002
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1324

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 28, 2020
Sold by
Magnolia Developmentg Llc
Bought by
Bost Danny and Bost Tammy
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
List Price
$1,100,000
Sold Price
$1,137,100
Premium/Discount to List
$37,100
3.37%
Current Estimated Value
$1,638,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,986
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
May 20, 2020
Sold by
Magnolia Investors Llc
Bought by
Magnolia Developments Llc

Purchase Details

Closed on
Jul 12, 2019
Sold by
Magnolia Investors Llc
Bought by
Magnolia Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,250
Interest Rate
3.82%
Mortgage Type
Construction
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
Bost Danny $1,100,000 Cumberland Title & Guaranty
Magnolia Developments Llc -- Cumberland Ttl & Guaranty Co
Magnolia Developments Llc -- Cumberland Ttl & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnolia Developments Llc $752,250
Previous Owner Mangolia Development Llc $752,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,137,100 +3.4% $236 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $1,100,000 -- $228 / 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 $6,045 $270,175 $0 $0
2023 $6,045 $270,175 $0 $0
2022 $6,045 $270,175 $0 $0
2021 $6,045 $270,175 $0 $0
2020 $2,006 $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: Realtracs

MLS Number: 2421577

Realtracs

APN: 126L-L-002