NOT LISTED FOR SALE

206 S Palisades Dr Signal Mountain, TN 37377

Estimated Value: $640,000 - $918,000

3 Beds
2.5 Baths
2,197 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $400,000 $182 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,407/month

531 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Thrasher Elementary School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

As of December 2012

Fantastic Signal Mountain brow home with stunning panoramic views stretching from Lake Chickamauga to Elder Mountain. Seller has gutted this mountain stone home and increased square footage with addition of master closet, master bath and extended the main living space. Since house was listed, seller has installed original stone back around these new additions. All ceiling heights have been raised and all windows replaced with Pella wood windows. The main living space includes 3 sides of floor to ceiling Pella windows which have the retractable sliding screens and shades. Four new dormers increase the natural light and the new tongue and groove with cedar posts covered entries add architectural interest. Hardy board on the addition, dormers and trim reduce long term maintenance. Come and fi nish the interior to this 1939 mountain home originally named ''End of the Rainbow''. The original ''pot of gold'' still rests atop the stone column of the entry. The gutted interior remains at the stage where the new owners can change the floor plan to meet their needs. It currently is framed for 3 bedroom or 2 bedroom plus study, 2.5 bath with kitchen open to living and dining room. The home is private and sits off the street with a circular drive and detached garage which provides nice storage. Please call for more information and your private showing today.

Last Agent to Sell the Property

Jay Robinson

Robinson Real Estate, Inc. Listed on: 06/24/2011

Last Buyer's Agent

Travis Close

Berkshire Hathaway HomeServices Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1939

Lot Details

  • 1

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,197 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Insulated Windows
  • Wood Frame Window
  • Entrance Foyer
  • Living Room
  • Basement
  • Crawl Space
  • No Kitchen Appliances
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle School
  • Signal Mtn High School

Additional Features

  • Covered Patio or Porch
  • Level Lot
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116E B 014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 120X246.4IRR
  • Subdivision Name: None
  • Directions: UP SIGNAL MTN, RIGHT AT TRAFFIC LIGHT, PAST CARRIAGE HILL, RIGHT ON S PALISADES, HOUSE ON LEFT
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2197.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1939
  • Location Tax and Legal Parcel Number2: 116E B 014
  • Location Tax and Legal Elementary School: Thrasher Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Signal Mtn
  • Location Tax and Legal Additional Parcels YN: No
  • 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: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 120X246.4IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Patio And Porch Features Porch - Covered: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Open Floorplan, Primary Downstairs
  • Window Features: Insulated Windows, Wood Frames
  • ResoLivingAreaSource: Appraiser
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Brow Lot, Gentle Sloping, Level, Sloped
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Thrasher Elementary
  • High School: Signal Mtn
  • Middle Or Junior School: Signal Mountain Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: 116E B 014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2011
Closed on
Dec 26, 2012
Sold by
Rodela Louis A and Rodela Elanina D
Bought by
Lingl Angelika
Seller's Agent
Jay Robinson
Robinson Real Estate, Inc.
Buyer's Agent
Travis Close
Berkshire Hathaway HomeServices Realty Center
List Price
$635,000
Sold Price
$400,000
Premium/Discount to List
-$235,000
-37.01%
Current Estimated Value
$789,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,357
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Faris Norman S and Faris Judith J
Bought by
Rodela Louis A and Rodela Elaina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2006
Sold by
Faris Norman S
Bought by
Faris Norman S and Faris Judith J
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
Lingl Angelika $400,000 Cumberland Title & Guaranty
Rodela Louis A $437,000 Milligan Reynolds Guaranty T
Faris Norman S -- None Available
Faris Norman S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodela Louis A $349,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2012 12/26/12 Sold $400,000 -37.0% $182 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
06/23/2011 06/23/11 For Sale $635,000 -- $289 / 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 $2,871 $128,325 $0 $0
2023 $2,871 $128,325 $0 $0
2022 $2,871 $128,325 $0 $0
2021 $2,871 $128,325 $0 $0
2020 $3,201 $115,775 $0 $0
2019 $3,201 $115,775 $0 $0
2018 $3,201 $115,775 $0 $0
2017 $3,201 $115,775 $0 $0
2016 $2,892 $0 $0 $0
2015 $2,892 $104,575 $0 $0
2014 $2,892 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1165090

Greater Chattanooga REALTORS®

APN: 116E-B-014