$1,076,000
SOLD MAY 3, 2024

1116 Mountain Terrace Lookout Mountain, GA 30750

5 Beds
3.5 Baths
5,042 Sq Ft
0.75 Acres

Recently Sold

$213 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Fireplace in Bedroom
  • Wooded Lot
  • Fairyland Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2024

Stately, all brick 5 bedroom, 3.5 bath home with a finished daylight basement on a .75 acre partially wooded lot in the heart of Lookout Mountain, GA. Enjoy sunrise views in the winter and lush privacy in the greener months from its cul-de-sac perch just a couple of minutes from Fairyland Elementary School, the quaint business district, the Lookout Mountain Golf Club and only about 15 minutes from downtown Chattanooga. Elegant, yet comfortable, this spacious home boasts a multitude of recent improvements including new and refinished hardwoods, new paint throughout, plantation shutters, decorative and can lighting, Wave ceiling fans, new powder room vanity and lighting, new insulation, a freshly stained deck and more. Your tour of the home begins with the inviting foyer that opens to the formal living room or office with a gas fireplace on one side and the formal dining room on the other, while the large great room is at the back of the house and has French doors to the expansive rear deck providing for indoor-to outdoor gathering and entertaining. It also has a wood burning fireplace with a gas starter and new marble surround and access to the powder room. The kitchen opens to the great room and the hallway and now boasts freshly painted white cabinetry, subway tile backsplash, marble countertops and stainless appliances, including a Wolf gas cooktop with a new hood, Bosch dishwasher, Bosch refrigerator, KitchenAid double wall ovens and is open to a light-filled breakfast area which also has access to the deck. The laundry room and double bay garage round out this level. Head upstairs where you will find a spacious primary bedroom with another wood burning fireplace, a primary bath with separate furniture vanities, jetted tub and shower, and a large walk-in closet with organizer system. There are also 3 additional bedrooms and a full hall bath with a dual vanity and a 3rd vanity in the tub/shower area. The lower level has a large family room with another gas fireplace and a refreshment center, a 5th bedroom, a full bath, and walk-out storage and would make a great teen or guest living quarters. The fenced back yard, circular driveway, secondary driveway, and cul-de-sac locale provide plenty of spots for outdoor fun and overflow parking. Simply a fantastic opportunity for the discerning buyer seeking a desirable mountain residence that is also convenient to all that our vibrant area has to offer, so please call for more information and to schedule your private showing today. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Last Agent to Sell the Property

Jay Robinson

Keller Williams Realty License #255994 Listed on: 04/18/2024

Keller Williams Realty

Last Buyer's Agent

Katherine Smith

Keller Williams Realty License #294185

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,809

Year Built

  • Built in 1988

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 173x175
  • Cul-De-Sac
  • Fenced
  • Gentle Sloping Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

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

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 5,042 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • 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
  • Patio

Schools

  • Fairyland Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Utilities

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

Community Details

  • No Home Owners Association
  • Fort Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4002 025

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,809

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 173X175
  • Subdivision Name: Fort Trace
  • Directions: Up Lookout Mountain via Ochs Hwy (St Elmo side), right on Ochs Extension to top, left on Fleetwood, left again on Fleetwood, right on Fleetwood up the hill to the 4-way stop. Go Straight onto Scenic Hwy, left on Mountain Terrace, house is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 5042.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1988
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 4002 025
  • Location Tax and Legal Elementary School: Fairyland Elementary School
  • Location Tax and Legal Middle Or Junior School2: Chattanooga Valley Middle
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 8809.11
  • 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: 0.75
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Dimensions: 173X175
  • 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 Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: 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
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Wall Oven: Yes
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Interior Features Sitting Area: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features All Brick: Yes
  • Interior Features Breakfast Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Refrigerator, Gas Water Heater, Gas Range, Double Oven, Disposal, Dishwasher
  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom, Den, Family Room, Gas Log, Gas Starter, Great Room, Living Room, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Room, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Open Floorplan, Separate Dining Room, Separate Shower, Sitting Area, Tub/shower Combo, Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 4
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Double Vanity: Yes
  • Fireplace Features:Great Room2: Yes
  • Fireplace Features:Bedroom2: Yes
  • Fireplace Features:Gas Starter: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Gentle Sloping, Split Possible, Wooded
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Garage Faces Side, 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
  • Parking Features:Garage Faces Side: 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, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairyland Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Additional Parcels: No
  • Parcel #: 4002 025
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8809.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 6, 2024
Sold by
Wilson Shaw Patrick
Bought by
Banks Jeanna Nolan and Banks William Alexander
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Katherine Smith
Keller Williams Realty
List Price
$1,100,000
Sold Price
$1,076,000
Premium/Discount to List
-$24,000
-2.18%
Views
3
Current Estimated Value
$1,151,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,123
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Jun 3, 2011
Sold by
Tabakin Sondra J
Bought by
Wilson Shaw Patrick

Purchase Details

Closed on
Apr 2, 1986
Sold by
William William D and William Dorothu
Bought by
Doster David and Doster Venetia G

Purchase Details

Closed on
Jan 1, 1972
Bought by
William William D and William Dorothu
Source: Public Records

Similar Homes in Lookout Mountain, GA

  • 9193 Scenic Hwy, Lookout Mountain, GA 30750

    $897,400

    • 4 Beds
    • 3.5 Baths
    • 1,840 Sq Ft
    • 9193 Scenic Hwy
    • Lookout Mountain, GA

    Amazing investment opportunity! Call for details on revenue. Experience the charm and tranquility of three separate cabins, nestled on 1.4 acres of stunning mountainside property. Perfectly perched atop Lookout Mountain, each cabin offers its own unique design and features, yet all share breathtaking views and a deep connection to the surrounding natural beauty.Perfect for families, gatherings

    Jim Lea Keller Williams Realty

    Section Image
  • 1613 Fairy Dell Trail, Lookout Mountain, GA 30750

    $915,000

    • 3 Beds
    • 3.5 Baths
    • 3,108 Sq Ft
    • 1613 Fairy Dell Trail
    • Lookout Mountain, GA

    Enjoy scenic eastern mountain and valley views from most rooms of this mid-century, single level home perfectly situated on 1.07 acre brow lot on quiet Fairyland street. A circular drive and 2 car carport provide easy access. Partial brick home features hardwood flooring throughout, expansive windows for taking in the views, 2 fireplaces, 9 foot ceilings and crown molding in main rooms, and a

    Margaret Thompson Fletcher Bright Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $1,076,000 --
Deed $395,000 --
Deed $22,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,800 New Conventional
Previous Owner $383,400 New Conventional
Previous Owner $388,500 New Conventional
Previous Owner $349,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $1,076,000 -2.2% $213 / Sq Ft
04/21/2024 04/21/24 Off Market $1,100,000 -- --
04/18/2024 04/18/24 For Sale $1,100,000 -- $218 / 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 $9,061 $303,124 $22,500 $280,624
2023 $9,209 $305,109 $22,500 $282,609
2022 $6,163 $234,095 $22,500 $211,595
2021 $6,000 $204,300 $22,500 $181,800
2020 $5,223 $170,261 $22,500 $147,761
2019 $5,227 $170,261 $22,500 $147,761
2018 $5,065 $170,261 $22,500 $147,761
2017 $5,661 $170,261 $22,500 $147,761
2016 $3,983 $169,950 $13,500 $156,450
2015 $4,837 $167,134 $27,284 $139,850
2014 $4,657 $167,134 $27,284 $139,850
2013 -- $167,133 $27,284 $139,849
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1390164

Greater Chattanooga REALTORS®

APN: 4002-025