Seller's Agent in 2016
Jay Robinson
Keller Williams Realty
(423) 304-6114
59 in this area
1,297 Total Sales
211 Sylvan Dr Lookout Mountain, TN 37350
Lookout Mountain NeighborhoodEstimated Value: $1,738,000 - $2,075,000
5
Beds
6
Baths
6,248
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- Media Room
- 1.4 Acre Lot
- Deck
- Lookout Mountain Elementary School Rated A-
- Open Floorplan
- Family Room with Fireplace
About This Home
As of July 2016This Lookout Mountain English Regency Estate designed and built in 1949 by renowned architect Henry Sprott Long was formerly known as ''The Pink Palace''. Now a stately grey, this 6,200 +/- square foot home along with a separate 2,000 +/- square foot Pavilion sits on a 1.4 +/- acre corner lot in the heart of Lookout Mountain, TN. The home has 4 or 5 bedroom, 4 full bathrooms, 2 half baths, large formal dining room and living room with marble fireplace, spacious gourmet kitchen open to the keeping room and breakfast area, and a chestnut paneled library with fireplace. There is a media room in the finished basement with a 120'' Runco projection screen with surround sound, a marble fireplace, Mahogany bar and gun closet, and a half bath. The house has beautiful original marble and hardw ughout along with a grand brass and iron sweeping staircase. The home has an incredible amount of storage with lots of large closets and a spacious 60 +/- square foot pantry. The house has completely been updated with new Marvin windows, copper gutters, electrical heat and air and plumbing. The separate pavilion is a large open room with hardwood floors, fireplace, half bath, kitchenette, separate heat and air and its own drive-in workshop. The grounds have been well kept with mature plantings and an irrigation system. The estate is a must see to appreciate the many amenities, comforts and refinements it has to offer. This is only the second time the property has been available in over 65 years, so don't miss this rare opportunity. Please call for more information and your private showing today.
Last Agent to Sell the Property
Keller Williams Realty License #255994 Listed on: 08/27/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,260
Year Built
- Built in 1949
Lot Details
- 1.4 Acre Lot
- Fenced
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
Parking
- 2 Car Garage
- Basement Garage
- Parking Accessed On Kitchen Level
- Garage Door Opener
- Off-Street Parking
Home Design
- Three Sided Brick Exterior Elevation
- Shingle Roof
- Wood Siding
Interior Spaces
- 6,248 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- ENERGY STAR Qualified Windows
- Window Treatments
- Bay Window
- Wood Frame Window
- Aluminum Window Frames
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Breakfast Room
- Formal Dining Room
- Media Room
- Den with Fireplace
- Library
- Recreation Room with Fireplace
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Built-In Double Convection Oven
- Gas Range
- Down Draft Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Outbuilding
Schools
- Lookout Mountain Elementary School
- Lookout Valley Middle School
- Lookout Valley High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 166M J 015
Community Details
Recreation
- Tennis Courts
Additional Features
- No Home Owners Association
- Recycling
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2014
Closed on
Jul 18, 2016
Sold by
Davis Wendell and Davis Jodi
Bought by
Valadez William D and Valadez Ellen H
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Margaret Thompson
Fletcher Bright Realty
List Price
$1,150,000
Sold Price
$815,000
Premium/Discount to List
-$335,000
-29.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,995
Avg. Annual Appreciation
9.37%
Original Mortgage
$774,250
Outstanding Balance
$614,690
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,298,305
Purchase Details
Closed on
Aug 31, 1999
Sold by
Hamilton Anita J and Shy Sally J
Bought by
Davis Wendell and Davis Jodi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.73%
Purchase Details
Closed on
Aug 30, 1996
Sold by
Schatzman Nathan and Schatzman Margaret
Bought by
Nelson Douglas A and Caldwell Thomas A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Valadez William D | $815,000 | Cumberland Title & Guaranty | |
| Davis Wendell | $500,000 | -- | |
| Nelson Douglas A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Valadez William D | $774,250 | |
| Previous Owner | Davis Wendell | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2016 07/18/16 | Sold | $815,000 | -29.1% | $130 / Sq Ft |
| 05/13/2016 05/13/16 | Pending | -- | -- | -- |
| 08/27/2014 08/27/14 | For Sale | $1,150,000 | -- | $184 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $5,026 | $331,575 | $0 | $0 |
| 2024 | $5,152 | $230,275 | $0 | $0 |
| 2023 | $5,161 | $230,275 | $0 | $0 |
| 2022 | $5,161 | $230,275 | $0 | $0 |
| 2021 | $5,161 | $230,275 | $0 | $0 |
| 2020 | $5,732 | $206,950 | $0 | $0 |
| 2019 | $5,732 | $206,950 | $0 | $0 |
| 2018 | $5,732 | $206,950 | $0 | $0 |
| 2017 | $5,732 | $206,950 | $0 | $0 |
| 2016 | $5,749 | $0 | $0 | $0 |
| 2015 | $5,749 | $207,575 | $0 | $0 |
| 2014 | $5,749 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Robinson
-
Margaret Thompson
Buyer's Agent in 2016
Margaret Thompson
Fletcher Bright Realty
(423) 755-8830
28 in this area
99 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1216092
APN: 166M-J-015
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