NOT LISTED FOR SALE

120 Prospect Way Lookout Mountain, TN 37350

Lookout Mountain Neighborhood

Estimated Value: $272,000 - $406,000

1 Bed
1 Bath
814 Sq Ft
$395/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $130,000 $160 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,792/month

89 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Lookout Mountain Elementary School Rated A-
  • Tennis Courts
  • Cooling Available

About This Home

As of May 2017

Unique cottage with one bedroom and one bath, open living room with ventless gas fireplace and kitchen. Separate laundry room off of the bedroom. Private large backyard. Enjoy sitting on the back deck and relaxing. Property has a strong rental history. HVAC new 2009, Hot water heater 2012, Refrigerator 2011, Roof 2009, outside painted 2014.

Last Agent to Sell the Property

Gail Jenkins

Greater Chattanooga Realty, Keller Williams Realty License #321592,311208 Listed on: 01/11/2017

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83.6x145.4
  • Level Lot

Interior Spaces

  • 814 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Lookout Mountain Elementary School
  • Lookout Valley Middle / High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 166E E 003.01

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 814
  • Building Area Units: Square Feet
  • Living Area: 814
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.25
  • Lot Size: 83.6X145.4
  • Lot Size Units: Acres
  • Parcel #: 166E E 003.01
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1417

MLS Schools

  • Elementary School: Lookout Mountain Elementary School
  • High School: Lookout Valley Middle / High School
  • Middle Or Junior School: Lookout Valley Middle / High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
May 24, 2017
Sold by
Minges Maria L and Vance Tamara M
Bought by
Montgomery Ralph L and Montgomery Caralisa T
Seller's Agent
Gail Jenkins
Greater Chattanooga Realty, Keller Williams Realty
List Price
$210,000
Sold Price
$130,000
Premium/Discount to List
-$80,000
-38.1%
Current Estimated Value
$321,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,512
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Oct 5, 2015
Sold by
Minges Maria L
Bought by
The Revocable Trust Of Maria L Minges

Purchase Details

Closed on
Jul 8, 1998
Sold by
Minges Ernest L and Minges Maria L
Bought by
Minges Maria L
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
Montgomery Ralph L $130,000 None Available
The Revocable Trust Of Maria L Minges -- None Available
Minges Maria L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $130,000 -38.1% $160 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $210,000 -- $258 / 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 $1,019 $45,550 $0 $0
2023 $1,028 $45,550 $0 $0
2022 $1,028 $45,550 $0 $0
2021 $1,028 $45,550 $0 $0
2020 $938 $33,600 $0 $0
2019 $938 $33,600 $0 $0
2018 $938 $33,600 $0 $0
2017 $938 $33,600 $0 $0
2016 $872 $0 $0 $0
2015 $872 $31,225 $0 $0
2014 $872 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Jenkins

    Seller's Agent in 2017

    Gail Jenkins

    Greater Chattanooga Realty, Keller Williams Realty

    (423) 421-9192

    28 in this area

    88 Total Sales

    Gail Jenkins
    Section Image
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Map

Source: Realtracs

MLS Number: 2322073

Realtracs

APN: 166E-E-003.01

Tennessee Hamilton County Lookout Mountain 37350 Lookout Mountain

120 Prospect Way, Lookout Mountain, TN

This home is located at 120 Prospect Way, Lookout Mountain, TN 37350 since 11 January 2017 and is currently estimated at $321,512, approximately $394 per square foot. This property was built in 1950. 120 Prospect Way is a home located in Hamilton County with nearby schools including Lookout Mountain Elementary School, Lookout Valley Middle/High School, and Chattanooga Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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