NOT LISTED FOR SALE

231 Marrcrest Ln Signal Mountain, TN 37377

Estimated Value: $768,000 - $1,266,000

4 Beds
5 Baths
3,912 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $709,000 $181 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,009/month

55 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • Thrasher Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of May 2019

Great new construction home in the heart of Old Town on Signal Mountain. Home has level front yard, classic style exterior, two car garage on the main level and more. Open floor plan on the main level with site finished hardwoods throughout. Main level has formal dining room, den with fireplace that opens to a large covered deck, open kitchen layout with island, gas range, breakfast area with shiplap. Master bedroom is on the main level with tile floors, separate vanities, shower with seamless glass and soaking tub along with his and her walk-in closets. Upstairs there is a landing that can be used as office space or kids study, three bedrooms, one with its own bath, the other two share a bath and one could be used for a rec room. In the basement there are two large finished rooms and a finished half bath, with room to finish an additional bedroom and bath.

Last Agent to Sell the Property

Barry Hamilton

Berkshire Hathaway HomeServices Realty Center Listed on: 03/15/2019

Last Buyer's Agent

Barry Hamilton

Berkshire Hathaway HomeServices Realty Center Listed on: 03/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 89.21 x 354.29
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,912 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Insulated Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Signal Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107n A 012.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,462

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 89.21 X 354.29
  • Subdivision Name: Signal Place
  • Directions: Up Signal Mountain to left on James, left on Mississippi Ave, left on Riverpoint Rd. Right on St Charles, left on Marrcrest.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3912.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2019
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 107n A 012.03
  • 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:Tax Annual Amount: 1461.95
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 2
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • 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: 89.21 X 354.29
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Gas Water Heater, Disposal, Dishwasher
  • Has Basement: Finished, Full, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Gas Starter
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Partial: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Gas Starter: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone, Other
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Asphalt, Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • 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 #: 107n A 012.03

Tax Info

  • Tax Annual Amount: 1461.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 31, 2019
Sold by
Peppers Construction Inc
Bought by
Garvich Brady and Garvich Whitney
Seller's Agent
Barry Hamilton
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Barry Hamilton
Berkshire Hathaway HomeServices Realty Center
List Price
$719,000
Sold Price
$709,000
Premium/Discount to List
-$10,000
-1.39%
Current Estimated Value
$1,070,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,746
Avg. Annual Appreciation
7.28%
Original Mortgage
$567,200
Outstanding Balance
$503,839
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$601,450

Purchase Details

Closed on
Jun 17, 2018
Sold by
Frankenberg Chris
Bought by
Peppers Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2017
Sold by
Gardner Warren and Gardner Diane Michelle
Bought by
Frankenberg Chris

Purchase Details

Closed on
Nov 23, 2011
Sold by
J G Llc
Bought by
Gardner Warren and Gardner Diane Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Signal Mountain Place Inc
Bought by
J G Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,717
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End 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
Garvich Brady $709,000 None Available
Peppers Construction Inc $110,000 Title Guaranty & Trust Co
Frankenberg Chris $100,000 Title Guaranty & Trust Co
Gardner Warren $50,000 Cumberland Title & Guaranty
J G Llc $459,717 River City Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvich Brady $567,200
Previous Owner Peppers Construction Inc $500,000
Previous Owner Gardner Warren $37,500
Previous Owner J G Llc $459,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $709,000 -1.4% $181 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $719,000 -- $184 / 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 $4,246 $189,775 $0 $0
2023 $4,246 $189,775 $0 $0
2022 $4,246 $189,775 $0 $0
2021 $4,246 $189,775 $0 $0
2020 $4,914 $99,850 $0 $0
2019 $2,761 $99,850 $0 $0
2018 $933 $33,750 $0 $0
2017 $933 $33,750 $0 $0
2016 $933 $0 $0 $0
2015 $933 $33,750 $0 $0
2014 $933 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1296262

Greater Chattanooga REALTORS®

APN: 107N-A-012.03