NOT LISTED FOR SALE

1118 Mountain Terrace Lookout Mountain, GA 30750

Estimated Value: $588,000 - $719,000

4 Beds
3.5 Baths
3,849 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $500,000 $130 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,188/month

Highlights

  • Recreation Room with Fireplace
  • Wooded Lot
  • Separate Formal Living Room
  • Fairyland Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of February 2022

This Fabulous family home is located in a cul-de-sac in the Fairyland Community. You will immediately notice the soaring cathedral tongue and groove ceilings from the moment you enter the large Foyer. This house is set up for entertaining w/ a large kitchen that opens to the den w/ wood burning fireplace, sunken living Room and dining room. A fabulous screened porch is located off of the den for your outdoor pleasure as well. If you are looking for a unique mountain getaway yet still close to everything this just might be the home for you! Owner/Agent

Last Agent to Sell the Property

Katherine Smith

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4236054181 License #279522,294185 Listed on: 02/23/2022

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Katherine Smith

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4236054181 License #279522,294185 Listed on: 02/23/2022

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,893

Year Built

  • Built in 1981

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 150x180
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Gas Fireplace
  • Separate Formal Living Room
  • Den with Fireplace
  • Recreation Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4001 020

Community Details

Overview

  • No Home Owners Association
  • Fort Trace Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,893

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4236054181
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Entry Foyer, High Ceilings, In-Law Floorplan, Walk-In Closet(s)
  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace Features: Den, Recreation Room, Gas, Wood Burning, Family Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 3144
  • Below Grade Sq Ft: 705
  • Building Area Units: Square Feet
  • Living Area: 3849
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Stone, Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Screened, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • 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, Natural Gas
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Tennis Court(s)
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Cul-De-Sac, Corner Lot, Other
  • Lot Size Acres: 0.73
  • Lot Size: 150X180
  • Lot Size Units: Acres
  • Parcel #: 4001 020
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4893

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Feb 17, 2022
Sold by
Price Charlotte S
Bought by
Smith Katherine P and Smith Christopher
Seller's Agent
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$656,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,795
Avg. Annual Appreciation
8.60%
Original Mortgage
$250,000
Outstanding Balance
$207,164
Interest Rate
2.93%
Mortgage Type
Cash
Estimated Equity
$451,381

Purchase Details

Closed on
Oct 12, 1992
Sold by
American Natl Bank Of Trust C
Bought by
Price Brian C and Price Charlotte S

Purchase Details

Closed on
May 7, 1991
Sold by
Moore Taylor M and Moore Patricia H
Bought by
American Natl Bank Of Trust C

Purchase Details

Closed on
Oct 24, 1984
Sold by
Sharon C Solomom
Bought by
Moore Taylor M and Moore Patricia H

Purchase Details

Closed on
Jan 1, 1972
Bought by
Sharon C Solomom
Source: Public Records

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Range of Values:

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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
Smith Katherine P $500,000 --
Price Brian C $130,000 --
American Natl Bank Of Trust C $143,800 --
Moore Taylor M -- --
Sharon C Solomom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Katherine P $250,000
Previous Owner Price Brian C $100,000
Previous Owner Price Brian C $212,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $500,000 0.0% $130 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $500,000 -- $130 / 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 $6,513 $213,424 $29,200 $184,224
2023 $6,174 $203,734 $29,200 $174,534
2022 $3,420 $163,060 $29,200 $133,860
2021 $3,289 $143,632 $29,200 $114,432
2020 $2,769 $120,617 $29,200 $91,417
2019 $2,771 $120,617 $29,200 $91,417
2018 $3,588 $120,617 $29,200 $91,417
2017 $3,120 $120,617 $29,200 $91,417
2016 $1,974 $103,772 $13,140 $90,632
2015 $3,440 $120,876 $24,192 $96,684
2014 $3,312 $120,876 $24,192 $96,684
2013 -- $120,875 $24,192 $96,683
Source: Public Records

Agents Affiliated with this Home

  • Katherine Smith

    Seller's Agent in 2022

    Katherine Smith

    Greater Downtown Realty dba Keller Williams Realty

    (423) 228-0229

    62 in this area

    322 Total Sales

    Katherine Smith
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2359293

Realtracs

APN: 4001-020

Georgia Walker County Lookout Mountain 30750

1118 Mountain Terrace, Lookout Mountain, GA

This home is located at 1118 Mountain Terrace, Lookout Mountain, GA 30750 since 23 February 2022 and is currently estimated at $656,795, approximately $170 per square foot. This property was built in 1981. 1118 Mountain Terrace is a home located in Walker County with nearby schools including Fairyland Elementary School, Chattanooga Valley Middle School, and Ridgeland High School.

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