NOT LISTED FOR SALE

124 Mc Farland Rd Lookout Mountain, GA 30750

Estimated Value: $346,000 - $484,000

3 Beds
2 Baths
1,743 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $252,590 $145 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,491/month

27 Days on Market

Highlights

  • Guest House
  • Contemporary Architecture
  • No HOA
  • Fairyland Elementary School Rated A-
  • Separate Formal Living Room
  • Porch

About This Home

As of May 2021

Welcome to 124 McFarland Rd on Lookout Mountain set in the adorable Fairyland neighborhood. As you walk up the front steps imagine sitting drinking coffee or afternoon tea on the covered front porch. Enter the front door to a light filled room that the current tenants are using as their dining room. Lots of windows make the house seem bright and airy. Continue on into the cozy living room with exposed brick and hardwood floors. Off the living room you have a large bedroom that is connected to a bonus room that is currently used as a bedroom. Continue on to one more bedroom with a large closet. The kitchen is perfect for entertaining and cooking for a crowd. New granite countertops, lots of cabinets, and a great island are a few standout features. The back yard would be ideal for a garden or outdoor fire pit to enjoy year round. This home won't last long!

Last Buyer's Agent

Drew Carey

EXP Realty LLC License #327119

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1922

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100x240
  • Level Lot

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1,743 Sq Ft Home
  • Property has 3 Levels
  • Separate Formal Living Room
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Porch
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4006 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,760

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1922
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1743
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Carriage/Guest House
  • Construction Type: Other
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.38
  • Lot Size: 100x240
  • Lot Size Units: Acres
  • Parcel #: 4006 020
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1760

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, 2021
Closed on
May 21, 2021
Sold by
Berry William M
Bought by
Escobar Enrique and Escobar Anakela
Buyer's Agent
Drew Carey
EXP Realty LLC
List Price
$265,000
Sold Price
$252,590
Premium/Discount to List
-$12,410
-4.68%
Current Estimated Value
$419,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,118
Avg. Annual Appreciation
12.29%
Original Mortgage
$227,331
Outstanding Balance
$205,371
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$214,337

Purchase Details

Closed on
Aug 11, 2017
Sold by
Fairyland Properties Llc
Bought by
Berry William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2004
Sold by
Thomas Donald and Peggy Crowder
Bought by
Fairyland Properties

Purchase Details

Closed on
Jan 1, 1972
Sold by
Thomas B B
Bought by
Thomas Donald and Peggy Crowder
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
Escobar Enrique $252,590 --
Berry William M $115,000 --
Fairyland Properties $45,000 --
Thomas Donald -- --
Thomas B B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Enrique $227,331
Previous Owner Berry William M $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $252,590 -4.7% $145 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $265,000 -- $152 / 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 $3,080 $94,120 $15,200 $78,920
2023 $2,948 $89,800 $15,200 $74,600
2022 $1,854 $70,415 $15,200 $55,215
2021 $1,425 $50,509 $15,200 $35,309
2020 $1,281 $43,744 $15,200 $28,544
2019 $1,281 $43,744 $15,200 $28,544
2018 $1,301 $43,744 $15,200 $28,544
2017 $1,443 $43,400 $16,400 $27,000
2016 $948 $34,380 $7,380 $27,000
2015 $1,104 $38,152 $12,100 $26,052
2014 $1,063 $38,152 $12,100 $26,052
2013 -- $38,152 $12,100 $26,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2912818

Realtracs

APN: 4006-020