NOT LISTED FOR SALE

Estimated Value: $1,600,000 - $2,773,000

5 Beds
4 Baths
3,600 Sq Ft
$601/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $1,450,000 $403 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $12,642/month

300 Days on Market

Highlights

  • Lake Front
  • 12.19 Acre Lot
  • No HOA
  • Docks
  • Wooded Lot
  • Covered patio or porch

About This Home

As of June 2020

BEAUTIFUL HOME-- LARGE OFFICE-- GREAT VACATION SPOT-- ALL IN ONE. 35 minutes to downtown Chattanooga. Hi Speed Internet. Why worry with a risky beach house?? Over 1,234 Feet of Waterfront, 12.19 Acres, 5 Bedroom, 4 Bathrooms, 3,700 Sq.Ft. 3 car Garage, Separate Barn. Double covered boat lifts. This beautiful mountain stone home and estate property lies in the middle of the Tennessee River gorge, known as ''Grand Canyon of the Tennessee,'' 27 miles of pristine beauty beginning just 5 miles downstream from Chattanooga. With 17,000 acres (of its 27,000 total) either owned by the Tennessee River Gorge Trust or under restrictive easements, 63% of this natural treasure will remain undeveloped. Prentice Cooper State Forest with another 24,600 acres lies just across the road from this property So you will enjoy deer and turkey in the front yard, bass and catfish in the river.

Last Listed By

Brian Kelly

REAL Broker License #258290 Listed on: 08/02/2019

REAL Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1986

Lot Details

  • 12.19 Acre Lot
  • Lake Front
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Den with Fireplace
  • Water Views
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Accessible Home Design

  • Accessible Doors

Outdoor Features

  • Docks
  • Covered Deck
  • Covered patio or porch
  • Outdoor Gas Grill

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Kenneth Butler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 124 00201 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Accessibility Features: Accessible Doors
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 3600
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Dock, Gas Grill, Garage Door Opener
  • Construction Type: Stone, Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Other
  • View: Water, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other, Wooded
  • Lot Size Acres: 12.19
  • Lot Size: 435598
  • Lot Size Units: Acres
  • Parcel #: 124 00201 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2321

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jun 12, 2020
Sold by
Patrick Thomas J and Patrick Charlotte B
Bought by
Mullins Cove Hunting & Fishing Lodge Llc
Seller's Agent
Brian Kelly
REAL Broker
List Price
$1,595,000
Sold Price
$1,450,000
Premium/Discount to List
-$145,000
-9.09%
Total Days on Market
300
Current Estimated Value
$2,163,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,921
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Faulkner Kevin
Bought by
Patrick Thomas J and Patrick Charlotte B

Purchase Details

Listed on
Jun 7, 2014
Closed on
Dec 29, 2014
Sold by
Patrick Thomas J
Bought by
Faulkner Kevin and Faulkner Melanie
Seller's Agent
Brian Kelly
Real Broker
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jan 21, 2000
Sold by
Butler Kenneth H
Bought by
Patrick Thomas J

Purchase Details

Closed on
May 1, 1998
Bought by
Sherry Holding Ltd

Purchase Details

Closed on
Aug 14, 1991
Bought by
Butler Kenneth H and Butler Gloria

Purchase Details

Closed on
May 19, 1982
Bought by
Title Guaranty & Trust

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
Mullins Cove Hunting & Fishing Lodge Llc $1,450,000 None Available
Patrick Thomas J -- --
Faulkner Kevin $1,150,000 --
Patrick Thomas J $755 --
Sherry Holding Ltd -- --
Butler Kenneth H -- --
Title Guaranty & Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patrick Thomas J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $1,450,000 -9.1% $403 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
08/02/2019 08/02/19 For Sale $1,595,000 +38.7% $443 / Sq Ft
12/29/2014 12/29/14 Sold $1,150,000 0.0% $311 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $1,150,000 -- $311 / 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 $6,363 $361,475 $242,500 $118,975
2023 $6,363 $361,475 $0 $0
2022 $6,363 $361,475 $242,500 $118,975
2021 $6,363 $361,475 $242,500 $118,975
2020 $2,391 $361,475 $242,500 $118,975
2019 $2,321 $107,025 $46,500 $60,525
2018 $2,321 $107,025 $46,500 $60,525
2017 $2,228 $107,025 $46,500 $60,525
2016 $2,228 $102,725 $0 $0
2015 $2,090 $102,725 $0 $0
2014 $2,090 $96,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2725416

Realtracs

APN: 124-002.01