NOT LISTED FOR SALE

Estimated Value: $561,859 - $697,000

4 Beds
2 Baths
2,639 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $265,000 $100 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,853/month

46 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Fairyland Elementary School Rated A-
  • Separate Formal Living Room
  • Whole House Fan

About This Home

As of September 2016

Welcome to the idyllic community of Fairyland on Lookout Mountain. Synonymous with gorgeous boulder-strewn landscapes, cascading waterfalls, stunning vistas, quiet winding avenues, excellent schools, and a fun, friendly atmosphere, Lookout is easily one of the most desirable neighborhoods in Chattanooga. 1501 Aladdin Rd has a prime location in Fairyland, just a 5 minute walk from Rock City and the Starbucks across the street and a 13 minute walk from Fairyland Elementary. Where most modern floor plans, founded on the New Urbanism movement, offer tight floor plans with a single living area, 1501 Aladdin Rd offers four: (1) a formal living room featuring a fireplace with stone hearth, recently refinished hardwood floors, and elegant crown molding; (2) a comfortable family room brimming with light from the skylights and bay windows; (3) an upstairs bonus room with pine wall paneling and vaulted ceilings; and (4) a cheery sunroom overlooking the back deck. Newly installed granite counter tops gleam in the spacious kitchen, further accented with dark-stained oak cabinetry, a sleek under-mounted sink, and ceramic tile floors. The home's handsome curb appeal is defined by its brand new shutters, dormer window, stucco chimney, and shade garden landscaping. Settled on a large third of an acre, the verdant lawn of the back yard is shaded by mature trees and leads up to a private raised deck.

Katherine Smith

Greater Downtown Realty dba Keller Williams Realty License #279522,294185 Listed on: 07/11/2016

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 169 x 100
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,639 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Whole House Fan
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairyland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4012 062

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2639
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric, Whole House Fan
  • 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, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Corner Lot
  • Lot Size Acres: 0.32
  • Lot Size: 169 X 100
  • Lot Size Units: Acres
  • Parcel #: 4012 062
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2468

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
Jul 11, 2016
Closed on
Sep 29, 2016
Sold by
Kyle
Bought by
Speak Timothy S and Speak Catherine B
Buyer's Agent
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$286,700
Sold Price
$265,000
Premium/Discount to List
-$21,700
-7.57%
Total Days on Market
46
Current Estimated Value
$606,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,715
Avg. Annual Appreciation
10.12%
Original Mortgage
$251,750
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Heddendorf Harriet Parsons
Bought by
Taylor Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1983
Sold by
Henry Henry B and Henry Haven
Bought by
Heddendorf Russell H

Purchase Details

Closed on
Jan 1, 1972
Bought by
Henry Henry B and Henry Haven

Range of Values:

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Average Value
Not Available
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
Speak Timothy S $265,000 --
Taylor Kyle $232,200 --
Heddendorf Russell H $28,500 --
Henry Henry B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speak Timothy S $235,000
Closed Speak Timothy S $251,750
Previous Owner Taylor Kyle $185,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $265,000 -7.6% $100 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $286,700 -- $109 / 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 $5,688 $185,910 $35,000 $150,910
2023 $5,635 $182,872 $35,000 $147,872
2022 $3,574 $137,768 $26,250 $111,518
2021 $3,531 $122,226 $22,750 $99,476
2020 $2,949 $98,122 $22,750 $75,372
2019 $2,951 $98,122 $22,750 $75,372
2018 $2,919 $98,122 $22,750 $75,372
2017 $3,262 $98,122 $22,750 $75,372
2016 $2,705 $98,122 $22,750 $75,372
2015 $2,468 $85,278 $14,600 $70,678
2014 $2,376 $85,278 $14,600 $70,678
2013 -- $85,278 $14,600 $70,678
Source: Public Records

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Source: Realtracs

MLS Number: 2320650

Realtracs

APN: 4012-062