NOT LISTED FOR SALE

131 Margaret Ln Ocoee, TN 37361

Estimated Value: $188,000 - $293,286

2 Beds
2 Baths
1,508 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $89,900 $60 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,429/month

153 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Cathedral Ceiling
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2013

With some TLC this log cabin could be a showplace. With very open floor plan with loft, cathedral ceilings, hardwood, full basement, wraparound porch, and lots of windows that let in the natural light. This custom home is priced to sell at only $89,900. The NINE-AND-A-HALF ACRES next door is available.

Last Agent to Sell the Property

Cindi Richardson

Crye-Leike, REALTORS Listed on: 06/20/2013

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1996

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 157x209
  • Rural Setting
  • Level Lot
  • Additional Parcels

Home Design

  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Washer and Gas Dryer Hookup
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage

Accessible Home Design

  • Enhanced Accessible Features
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Benton Elementary School
  • Chilhowee Middle School
  • Polk County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 054 011.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 157X209
  • Subdivision Name: None
  • Directions: Hwy 64 E to N on Hwy 411, 1.8 miles to right on Margaret. Home on L.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1508.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1996
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 054 011.08
  • Location Tax and Legal Elementary School: Benton Elementary
  • Location Tax and Legal Middle Or Junior School2: Chilhowee Middle
  • Location Tax and Legal High School: Polk County High School
  • Location Tax and Legal:Tax Annual Amount: 708.0
  • Location Tax and Legal Additional Parcels YN: Yes
  • General Property Information Enhanced Accessible2: Yes
  • 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: 0.75
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Dimensions: 157X209
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: With some TLC this log cabin could be a showplace. With very open floor plan with loft, cathedral ceilings, hardwood, full basement, wraparound porch, and lots of windows that let in the natural light. This custom home is priced to sell at only $89,900. The NINE-AND-A-HALF ACRES next door is available.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Lot Features Rural: Yes
  • Special Listing Conditions Trust: Yes
  • Levels:One and One Half: Yes
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Gas Range
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Nook, Cathedral Ceiling(s), Ceiling Fan(s), Separate Dining Room
  • Window Features: Wood Frames
  • Basement:Unfinished: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Level, Rural
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Wood Frames: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Construction Materials:Log2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • 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: Benton Elementary
  • High School: Polk County High School
  • Middle Or Junior School: Chilhowee Middle

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Additional Parcels: Yes
  • Parcel #: 054 011.08
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2014
Sold by
First Volunteer Bank
Bought by
Cain John and Cain Tammy
Current Estimated Value
$259,072

Purchase Details

Listed on
Jun 20, 2013
Closed on
Dec 13, 2013
Sold by
Wilcoxon Andy F
Bought by
Cain John D and Cain Tammy R
Seller's Agent
Cindi Richardson
Crye-Leike, REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$91,836
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1995
Bought by
Wilcoxon Steven Glenn

Purchase Details

Closed on
May 26, 1995
Bought by
Morris Larry E and Morris Brenda

Purchase Details

Closed on
Feb 23, 1991
Bought by
Trew Daren Scott and Melissa Gayle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cain John $49,000 --
Cain John D $89,900 --
Wilcoxon Steven Glenn $3,000 --
Morris Larry E $200 --
Trew Daren Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cain John D $91,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $89,900 0.0% $60 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $89,900 -- $60 / 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
2025 $894 $52,925 $2,900 $50,025
2024 $894 $52,925 $2,900 $50,025
2023 $894 $52,925 $0 $0
2022 $776 $30,900 $2,325 $28,575
2021 $776 $30,900 $2,325 $28,575
2020 $776 $30,900 $2,325 $28,575
2019 $776 $30,900 $2,325 $28,575
2018 $776 $30,900 $2,325 $28,575
2017 $772 $30,625 $2,300 $28,325
2016 $736 $30,625 $2,300 $28,325
2015 $736 $30,625 $2,300 $28,325
2014 $735 $30,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1196822

Greater Chattanooga REALTORS®

APN: 054-011.08