NOT LISTED FOR SALE

Estimated Value: $1,578,000 - $2,604,000

5 Beds
4 Baths
5,864 Sq Ft
$358/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $1,700,000 $290 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,784/month

49 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Wooded Lot
  • 5 Acre Lot
  • Lake, Pond or Stream
  • Wood Flooring

About This Home

As of September 2017

When seeking real estate that is more than a house or investment property, The Retreat at Sleepy Hollow is a “must do” experience. As one of the area's most unique and sought after properties, The Retreat at Sleepy Hollow offers the best possible combination of rural and urban settings. The residence is situated at the end of a cul de sac providing a serene mountain retreat within the gated Elder Mountain community while located within a 15 minute drive from downtown Chattanooga. Built from relocated Civil War Era log cabins, this unique home has a western brow view overlooking the Tennessee River Gorge and Prentice Cooper State Park, providing panoramic views from the 5 acres situated 1,840 feet above sea level with over 500 brow feet, The reassembled cabins were connected... MORE.... and finished using reclaimed materials from the original Chattanooga Union Train Depot. From the antique wood floors to the staircase spindles, The Retreat at Sleepy Hollow is constructed with over 90% reclaimed materials. Every room has a story about where the materials were found and how it was constructed. An additional 8.5 adjoining acreage with building sites is also available for purchase. In addition to being a personal residence, the home currently operates as a Bed Breakfast/Retreat Center where guests can reflect, connect, restore and explore.

Last Agent to Sell the Property

Sandy Poe

Alliance Sotheby's International License #259494 Listed on: 07/03/2017

Alliance Sotheby's International

Last Buyer's Agent

Kelly Martin

Re/Max Renaissance Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Property Views

  • Mountain
  • Forest

Home Design

  • Log Cabin
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,864 Sq Ft Home
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Screened Porch
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Lake, Pond or Stream
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Elder Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102 023.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From Downtown Chattanooga, take I-24 E to Brown's Ferry exit. Right on Brown's Ferry. Left on Elder Mountain Road to top of Elder Mountain. Right at guard shack on Cumberland. Left on Sleepy Hollow Road. Home at the end of the cul-de-sac.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1978
  • Lot Size Acres: 5.0
  • Subdivision Name: Elder Mountain
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 4
  • Flooring: Hardwood, Brick, Slate

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Cable Available (TV Only)
  • View: Mountain View, Wooded
  • Lot Features: Cul-De-Sac, Pond, Wooded
  • Construction Type: Stone, Other, Wood Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Basement

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 102 023.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Sep 20, 2017
Sold by
Salerno Susan K and Salerno Susan M
Bought by
Zito Paul and Zito Carin
Seller's Agent
Sandy Poe
Alliance Sotheby's International
Buyer's Agent
Kelly Martin
Re/Max Renaissance Realtors
Sold Price
$1,700,000
Current Estimated Value
$2,099,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,387
Avg. Annual Appreciation
-0.26%

Purchase Details

Closed on
Mar 27, 2000
Sold by
Salerno Susan K
Bought by
Salerno Susan M

Purchase Details

Closed on
Apr 28, 1993
Bought by
Salerno David M and Salerno Susan M

Purchase Details

Closed on
Jun 8, 1987
Bought by
Brewer Sebert and Brewer Barrett W
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
Zito Paul $1,700,000 Title Guaranty And Trust Co
Salerno Susan M $810 --
Salerno David M $620,000 --
Brewer Sebert $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salerno Susan M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $1,700,000 -- $290 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $5,200 $295,400 $97,475 $197,925
2023 $5,200 $295,400 $0 $0
2022 $5,200 $295,400 $97,475 $197,925
2021 $5,200 $295,400 $97,475 $197,925
2020 $4,276 $295,400 $97,475 $197,925
2019 $4,276 $197,200 $81,225 $115,975
2018 $4,276 $197,200 $81,225 $115,975
2017 $4,276 $197,200 $81,225 $115,975
2016 $4,276 $197,200 $0 $0
2015 $4,840 $197,200 $0 $0
2014 $4,840 $223,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1008647

East Tennessee REALTORS® MLS

APN: 102-023.01