NOT LISTED FOR SALE

Estimated Value: $2,565,000 - $6,297,000

5 Beds
9 Baths
10,016 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $2,500,000 $250 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $25,498/month

283 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Deck
  • Fairyland Elementary School Rated A-
  • Fireplace in Bedroom
  • Double Shower

About This Home

As of January 2015

1927 Historic Lookout Mountain estate with English architecture. Limestone fireplaces. Beautifully proportioned rooms, extensively renovated in 2010 by current owners. Huge master bathroom and 2 walk in master closets created. Totally renovated kitchen for today's families. Design inconsistencies removed while staying true to the architecture. All bedrooms have en suite baths. Third floor finished with recreation/media/theatre space. 2.8 acres of gardens designed for year round beauty. On a bluff 1000 ft above Chattanooga. Must see to appreciate. 3 bay garage.

Last Listed By

Collin Ellingson

Coldwell Banker NRT Development Advisors Listed on: 02/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,958

Year Built

  • Built in 1928

Lot Details

  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Brick or Stone Mason
  • Slate Roof
  • Stone

Interior Spaces

  • 10,016 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Double Shower
  • Separate Shower

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Fairyland Elementary School
  • Ridgeland Middle School
  • Ridgeland High School

Utilities

  • Humidifier
  • Multiple cooling system units
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Fairyland Ests Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 4013-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,958

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 2.8 ACRES
  • Subdivision Name: Fairyland Ests
  • Directions: From GA- 75N to I-24W. to Lookout Mt. L Broad St Hwy- 72/41 to -Ochs Hwy, L on Tennessee Ave, R on Ochs Hwy 58, to Red Riding Hood Trl, L on Patten Rd. Home on Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Living Area: 10016.0
  • New Construction: No
  • Year Built: 1928
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 4013-006
  • Location Tax and Legal Elementary School: Fairyland Elementary School
  • Location Tax and Legal Middle Or Junior School2: Ridgeland Middle
  • Location Tax and Legal High School: Ridgeland High School
  • General Property Information:Bathrooms Half: 3
  • 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 Dimensions: 2.8 ACRES
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Multi Units: Yes
  • Levels Three Or More: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Sitting Area: Yes
  • Pool Features In Ground: Yes
  • Special Listing Conditions Trust: Yes
  • Interior Features Breakfast Room: Yes
  • Interior Features Double Shower: Yes
  • Other Equipment:Air Purifier: Yes
  • Brick and Stone Features All Stone: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Tankless Water Heater, Humidifier
  • Other Equipment: Air Purifier
  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom, Den, Family Room, Gas Log, Great Room, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Room, Ceiling Fan(s), Double Shower, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Low Flow Plumbing Fixtures, Pantry, Separate Dining Room, Separate Shower, Sitting Area, Soaking Tub, Walk-In Closet(s)
  • ResoLivingAreaSource: Appraiser
  • Basement:Partial: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 3
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Bedroom2: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Low Flow Plumbing Fixtures: Yes
  • Appliances:Humidifier: Yes

Exterior Features

  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: In Ground
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck, Patio
  • Roof: Slate
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Zoned
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairyland Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Ridgeland Middle

Lot Info

  • Parcel #: 4013-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Nicholls Timothy Scott
Bought by
Nicholls Catherine B and Nicholls 2021 Dynasty Trust
Total Days on Market
283
Current Estimated Value
$3,949,481

Purchase Details

Closed on
Sep 10, 2021
Sold by
Nicholls Timothy
Bought by
Nicholls Timothy Scott

Purchase Details

Listed on
Feb 28, 2014
Closed on
Jan 15, 2015
Sold by
Martens Eric
Bought by
Nicholls Timothy Scott and Nicholls Catherine Brigitte
Seller's Agent
Collin Ellingson
Coldwell Banker NRT Development Advisors
Buyer's Agent
Jack Webb
Crye-Leike, REALTORS
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$1,007,930
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Mcspadden John T
Bought by
Martens Eric

Purchase Details

Closed on
Jun 7, 1996
Sold by
Forbes Walter T and Forbes Katherin
Bought by
Mcspadden John T and Mcspadden Jane W

Purchase Details

Closed on
Sep 29, 1978
Sold by
Betty Guthrie Hutcheson
Bought by
Forbes Walter T and Forbes Katherin

Purchase Details

Closed on
Jan 1, 1972
Bought by
Betty Guthrie Hutcheson

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
Nicholls Catherine B -- --
Nicholls Timothy Scott -- --
Nicholls Timothy Scott $2,500,000 --
Martens Eric $2,650,000 --
Mcspadden John T $900,000 --
Forbes Walter T $187,000 --
Betty Guthrie Hutcheson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholls Timothy Scott $1,007,930
Previous Owner Mcspadden John T $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $2,500,000 -16.5% $250 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $2,995,000 -- $299 / 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 $41,958 $1,461,094 $192,966 $1,268,128
2023 $41,872 $1,436,398 $192,966 $1,243,432
2022 $41,954 $1,593,691 $192,966 $1,400,725
2021 $40,144 $1,366,964 $192,966 $1,173,998
2020 $32,859 $1,071,043 $192,966 $878,077
2019 $32,878 $1,071,043 $192,966 $878,077
2018 $31,865 $1,071,043 $192,966 $878,077
2017 $32,865 $1,071,043 $192,966 $878,077
2016 $29,093 $1,055,207 $192,966 $862,241
2015 $28,835 $996,400 $210,031 $786,369
2014 $27,761 $996,400 $210,031 $786,369
2013 -- $996,400 $210,031 $786,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1207040

Greater Chattanooga REALTORS®

APN: 4013-006