NOT LISTED FOR SALE

Estimated Value: $784,059 - $893,000

3 Beds
2.5 Baths
2,100 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $572,500 $273 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,804/month

114 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Deck
  • Lake On Lot
  • Mountain View
  • Contemporary Architecture

About This Home

As of February 2021

STR Investors and Homeowners: Picture yourself or your vacation guests luxuriating in this riverfront home on the famous and scenic Tennessee River Gorge! You'll awake each morning to incredible river views of the Grand Canyon of the Tennessee, and will soak in the ambience from the deck of the well-appointed two-story dock. Located in Short-Term-Rental-friendly Marion County, this remarkable property is a hugely popular vacation rental destination, with an occupancy rate of over 90%! No wonder it is so popular, with features that include cathedral ceilings, open floor plan, Sunroom off the Master Bedroom, (which converts at a touch to a screened porch), open Kitchen and much more, all set in the scenic grandeur of one of the nation's premier vacation destination. The Grand Canyon of the Tennessee is comprised of twenty-seven miles of pristine beauty beginning just five miles downstream from Chattanooga. With 17,000 acres of its 27,000 acre total either owned by the Tennessee River Gorge Trust or under restrictive easements, 63% of this natural treasure will remain undeveloped.

Last Listed By

Ken Kile

Berkshire Hathaway HomeServices Realty Center License #TN342922 Listed on: 09/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1992

Lot Details

  • 0.79 Acre Lot
  • Waterfront
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Den with Fireplace
  • Screened Porch
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Floating Dock
  • Lake On Lot
  • Deck
  • Patio

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion County High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association
  • Kenneth Butler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127 002.04
  • $56,675 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,229

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Lot Size: 100X345 IRR
  • Co List Office Mls Id: 10155
  • Co List Office Phone: 706-866-4140
  • Subdivision Name: Kenneth Butler
  • Directions: From Signal Mt Blvd, turn onto Suck Creek Rd. Turn left onto River Canyon Rd, which becomes Mullins Cove Rd. House is on the left. Street number on mailbox. Sign in place.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2100.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1992
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 127 002.04
  • Location Tax and Legal Elementary School: Jasper Elementary
  • Location Tax and Legal Middle Or Junior School2: Jasper Middle
  • Location Tax and Legal High School: Marion County High
  • Location Tax and Legal:Tax Annual Amount: 1229.05
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.79
  • General Property Information Lot Size Square Feet2: 34500.0
  • General Property Information Lot Size Dimensions: 100X345 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 56675.0
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Water Source:Well: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Water Heater, Electric Range, Dryer, Dishwasher
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, En Suite, Granite Counters, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows, Vinyl Frames
  • ResoLivingAreaSource: Estimated
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Brow Lot, Lake On Lot, Sloped, Wooded, Other
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Stone, Other
  • Exterior Features: Dock - Floating
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Asphalt, Shingle
  • Exterior Features:Dock - Floating: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Side
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Underground Utilities
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jasper Elementary
  • High School: Marion County High
  • Middle Or Junior School: Jasper Middle

Lot Info

  • Lot Size Sq Ft: 34500.0
  • Additional Parcels: No
  • Parcel #: 127 002.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1229.05
  • Tax Other Annual Assessment Amount: 56675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Feb 16, 2021
Sold by
Opengart Kenneth N and Opengart Rosalee A
Bought by
Lopez Laura Marie and Lopez Angel Luis
Seller's Agent
Ken Kile
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Ryan May
Premier Property Group Inc.
List Price
$599,000
Sold Price
$572,500
Premium/Discount to List
-$26,500
-4.42%
Total Days on Market
114
Current Estimated Value
$835,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,265
Avg. Annual Appreciation
9.84%
Original Mortgage
$508,500
Outstanding Balance
$460,984
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$393,688

Purchase Details

Closed on
Oct 3, 2007
Sold by
Allen Bain Jerry
Bought by
Opengart Kenneth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.44%

Purchase Details

Closed on
Aug 6, 1990
Bought by
Bain Jerry Allen and Janet Lynn

Purchase Details

Closed on
Nov 20, 1986

Range of Values:

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Average Value
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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
Lopez Laura Marie $572,500 First Choice Title Inc
Opengart Kenneth N $375,000 --
Bain Jerry Allen -- --
-- $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Laura Marie $508,500
Previous Owner Opengart Kenneth N $282,500
Previous Owner Opengart Kenneth N $298,500
Previous Owner Not Available $300,000
Previous Owner Bain Jerry A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $572,500 -4.4% $273 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
09/14/2020 09/14/20 For Sale $599,000 -- $285 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,503 $85,375 $31,825 $53,550
2023 $1,503 $85,375 $0 $0
2022 $1,503 $85,375 $31,825 $53,550
2021 $1,503 $85,375 $31,825 $53,550
2020 $1,450 $85,375 $31,825 $53,550
2019 $1,229 $56,675 $23,500 $33,175
2018 $1,229 $56,675 $23,500 $33,175
2017 $1,229 $56,675 $23,500 $33,175
2016 $1,229 $56,675 $0 $0
2015 $1,306 $56,675 $0 $0
2014 $1,306 $60,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1324304

Greater Chattanooga REALTORS®

APN: 127-002.04