NOT LISTED FOR SALE

1115 Meroney St Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $1,496,000 - $1,744,000

5 Beds
4.5 Baths
4,822 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 21, 2020

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

Est. 42% increase in value since last sale

Current estimated payment $9,524/month

Highlights

  • New Construction
  • City View
  • Great Room with Fireplace
  • Gated Community
  • Deck
  • Wood Flooring

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 License #258780 Listed on: 03/09/2020

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Susan Stout

Coldwell Banker Pryor Realty License #330585

Coldwell Banker Pryor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 46x90
  • 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
  • Basement Garage
  • Garage Door Opener

Property Views

  • City
  • Mountain

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,822 Sq Ft Home
  • 2-Story Property
  • Elevator
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Formal Dining Room
  • Game Room with Fireplace
  • Screened Porch
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • 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

Listing and Financial Details

  • Assessor Parcel Number 126l N 002

Community Details

Overview

  • Magnolia One Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 46X90
  • Subdivision Name: Magnolia One
  • Directions: From Downtown, North on Market St across bridge, left on Meroney as N Market curves into Dallas Rd. Follow Meroney Street to top of the hill where it T's. Turn left and home is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 4822.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2020
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 126l N 002
  • 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: 1324.0
  • 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: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 46X90
  • 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
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: 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 Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • View:City3: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Gas Water Heater, Gas Range, Dishwasher
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Entrance Foyer, Granite Counters, High Ceilings, Primary Downstairs, Separate Dining Room, Separate Shower, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 2
  • 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
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Lot Features: Level, Split Possible, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: Community
  • View: City, Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Exterior Features: Lighting
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Asphalt
  • 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
  • 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:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener
  • 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
  • Parking Features:Basement: 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, Electric, 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
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • 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

  • Additional Parcels: No
  • Parcel #: 126l N 002

Tax Info

  • Tax Annual Amount: 1324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 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
Buyer's Agent
Susan Stout
Coldwell Banker Pryor Realty
List Price
$1,100,000
Sold Price
$1,137,100
Premium/Discount to List
$37,100
3.37%
Current Estimated Value
$1,617,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,473
Avg. Annual Appreciation
7.48%

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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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 -- -- --
03/09/2020 03/09/20 For Sale $1,100,000 -- $228 / 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 $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

  • L

    Seller's Agent in 2020

    Linda Brock

    Real Estate Partners Chattanooga LLC

    (423) 364-4663

    60 in this area

    619 Total Sales

    Linda Brock
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Stout

    Coldwell Banker Pryor Realty

    (423) 240-1045

    4 in this area

    85 Total Sales

    Susan Stout
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1314584

Greater Chattanooga REALTORS®

APN: 126L-L-002

Tennessee Hamilton County Chattanooga 37405 Northshore

1115 Meroney St, Chattanooga, TN

This home is located at 1115 Meroney St, Chattanooga, TN 37405 since 09 March 2020 and is currently estimated at $1,617,573, approximately $335 per square foot. This property was built in 2020. 1115 Meroney St is a home located in Hamilton County with nearby schools including Normal Park Museum Magnet School, Red Bank High School, and The Bright School.

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