NOT LISTED FOR SALE

1505 Falcon Dr SE Cleveland, TN 37323

Estimated Value: $292,000 - $399,000

3 Beds
2.5 Baths
2,220 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $99,900 $45 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,904/month

64 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Living Room
  • Formal Dining Room
  • Library
  • Central Heating and Cooling System

About This Home

As of August 2012

Brand New Home!

Last Agent to Sell the Property

Wayne Sherlin

Sherlin Realty Group Listed on: 04/20/2012

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 110x123x110
  • Level Lot

Home Design

  • Metal Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Library
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Waterville Elementary School
  • Lake Forest Middle School

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Williamsburg Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073D L 029.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 110X123X110
  • Subdivision Name: Williamsburg Ests
  • Directions: APD 40 to McGrady Dr, turn Left, turn Left onto Dalton Pike, turn Right onto Falcon Dr. House on Right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2220.0
  • New Construction: No
  • Year Built: 2012
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 073D L 029.00
  • Location Tax and Legal Elementary School: Waterville Elementary
  • Location Tax and Legal Middle Or Junior School2: Lake Forest Middle
  • 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: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 110X123X110
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Interior Features Separate Dining Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Water Heater, Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Separate Dining Room, Walk-In Closet(s)
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Metal
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • 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: Waterville Elementary
  • Middle Or Junior School: Lake Forest Middle

Lot Info

  • Parcel #: 073D L 029.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Aug 17, 2012
Sold by
Kyle Mulder Construction I
Bought by
Lamb Crystal M
Seller's Agent
Wayne Sherlin
Sherlin Realty Group
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$114,900
Sold Price
$99,900
Premium/Discount to List
-$15,000
-13.05%
Current Estimated Value
$334,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,551
Avg. Annual Appreciation
9.64%
Original Mortgage
$91,575
Outstanding Balance
$64,282
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$267,602

Purchase Details

Closed on
Jan 24, 2012
Sold by
Borders Jack
Bought by
Kyle Mulder Construction Inc

Purchase Details

Closed on
Dec 11, 2009
Sold by
Borders Jack
Bought by
Borders Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,671
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Lamb Crystal M $99,900 --
Kyle Mulder Construction Inc $8,500 --
Borders Teresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Crystal M $3,240
Open Lamb Crystal M $15,115
Closed Lamb Crystal M $4,344
Closed Borders Teresa $2,991
Closed Borders Teresa --
Open Lamb Crystal M $91,575
Previous Owner Borders Teresa $82,671
Previous Owner Jack Borders $15,000
Previous Owner Jack Borders $10,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $99,900 -13.1% $45 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $114,900 -- $52 / 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 $1,024 $57,625 $4,000 $53,625
2023 $1,024 $57,625 $4,000 $53,625
2022 $1,024 $57,625 $4,000 $53,625
2021 $1,024 $57,625 $0 $0
2020 $976 $57,625 $0 $0
2019 $976 $43,950 $0 $0
2018 $930 $0 $0 $0
2017 $971 $0 $0 $0
2016 $971 $0 $0 $0
2015 $963 $0 $0 $0
2014 $784 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1177406

Greater Chattanooga REALTORS®

APN: 073D-L-029.00