Seller's Agent in 2021
Ryan May
Real Estate Partners Chattanooga, LLC
(423) 667-5922
5 in this area
701 Total Sales
115 Arrow Dr Signal Mountain, TN 37377
Estimated Value: $374,000 - $427,000
4
Beds
3
Baths
1,496
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Separate Formal Living Room
- No HOA
- Cooling Available
- Thrasher Elementary School Rated A-
- Porch
- Central Heating
About This Home
As of June 2021FAMILY! That is what this home says, for it has been owned by the same Signal Mountain family since inception. One of the first homes built on Arrow Drive in the desirable Palisades section of Signal Mountain, Great Grandparents, Grandparents, Parents, Children, Grandchildren and Great Grandchildren have passed through its doors. Relax ''Signal Mountain Style'' on the screened porch off the formal dining room and kitchen or Bar B Que for everyone on the massive rear deck. This home has housed award winning gardeners which are evident as you walk the grounds. Cozy and comfortable are the descriptive terms for sitting in front of the wood burning fireplaces in both the living room and downstairs den. With hardwood floors throughout the main level, the owners of our four bedrooms, three b ome are commencing some minor renovations, so now is the perfect time for the next generation of ''FAMILY'' to take over. Personal interest on file ***NEW ROOF ADDED OCTOBER 2012***
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,941
Year Built
- Built in 1954
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 166.3x233.6
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,496 Sq Ft Home
- Property has 3 Levels
- Separate Formal Living Room
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Porch
Schools
- Thrasher Elementary School
- Signal Mountain Middle/High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 108P C 024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2021
Closed on
Jun 30, 2021
Sold by
Schimpf Eugene H and Schimpf Darlene Goins
Bought by
Schimpf George S and Solomon Elizabeth Patience
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,769
Avg. Annual Appreciation
8.21%
Original Mortgage
$209,000
Outstanding Balance
$191,678
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$185,875
Purchase Details
Closed on
Apr 6, 2015
Sold by
Schimpf Eugene H
Bought by
The Schimpf Joint Revocable Trust
Purchase Details
Closed on
Mar 31, 1999
Sold by
Dixon Schimpf and Dixon Ann
Bought by
Schimpf Eugene H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,820
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schimpf George S | $270,000 | First Choice Title Inc | |
| The Schimpf Joint Revocable Trust | -- | None Available | |
| Schimpf Eugene H | $79,820 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schimpf George S | $209,000 | |
| Previous Owner | Schimpf Eugene H | $79,820 | |
| Closed | Schimpf Eugene H | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $270,000 | -8.5% | $180 / Sq Ft |
| 06/30/2021 06/30/21 | Pending | -- | -- | -- |
| 06/30/2021 06/30/21 | For Sale | $295,000 | -- | $197 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $573 | $25,625 | $0 | $0 |
| 2023 | $1,085 | $48,475 | $0 | $0 |
| 2022 | $1,610 | $71,950 | $0 | $0 |
| 2021 | $1,610 | $71,950 | $0 | $0 |
| 2020 | $1,748 | $63,225 | $0 | $0 |
| 2019 | $1,748 | $63,225 | $0 | $0 |
| 2018 | $1,748 | $63,225 | $0 | $0 |
| 2017 | $1,748 | $63,225 | $0 | $0 |
| 2016 | $1,520 | $0 | $0 | $0 |
| 2015 | $1,520 | $54,975 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan May
Map
Source: Realtracs
MLS Number: 2422374
APN: 108P-C-024
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