NOT LISTED FOR SALE

242 Parks Rd Mc Donald, TN 37353

Estimated Value: $476,000 - $508,000

3 Beds
3 Baths
2,484 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $354,000 $143 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,834/month

6 Days on Market

Highlights

  • Guest House
  • Deck
  • No HOA
  • A-Frame Home
  • Wood Flooring
  • Porch

About This Home

As of April 2021

If you enjoy the peace and quiet of country living, yet want to be close to everything- This is for you! This 2 bedroom, 2 bath log home is situated on 2 acres and is only minutes to I-75 and Ooltewah. Step inside to hardwood floors, and wood beamed ceilings that give this home a rustic feel and a great floor plan. The living room features a stone fireplace and a wall of windows. The kitchen has plenty of cabinet space and dining area. The owners suite is on the main level with full bath. Step upstairs to the 2nd bedroom and full bath. There is a nice wrap around porch for you to relax and enjoy the view. The garage/workshop has plenty of storage space. There is a detached garage with an 720 SF 1 bedroom, 1 bath apartment on the 2nd level that you could rent our or could be a guest/in-law house. The square footage has level 1 and 2 as the main house and level 3 represents the apartment sf. Don't miss out on this home. Make your appointment for your private showing today.

Last Agent to Sell the Property

Mark Hite

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236672459 License #283146 Listed on: 02/24/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Denver Denham

BHGRE Signature Brokers License #355700

BHGRE Signature Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1998

Lot Details

  • 2

Parking

  • 2 Car Attached Garage

Home Design

  • A-Frame Home
  • Metal Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • Property has 3 Levels
  • Living Room with Fireplace
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Black Fox Elementary School
  • Lake Forest Middle School
  • Bradley Central High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • 2 Acre Lot
  • Guest House

Community Details

  • No Home Owners Association
  • Cricket Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084 03803 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1998
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4236672459
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2484
  • Building Area Units: Square Feet
  • Living Area: 2484
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Carriage/Guest House
  • Construction Type: Log, Stone
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 2
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 084 03803 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1453

MLS Schools

  • Elementary School: Black Fox Elementary School
  • High School: Bradley Central High School
  • Middle Or Junior School: Lake Forest Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 12, 2021
Sold by
Edmister Thomas W and Edmister Helen
Bought by
Parr William Lee
Seller's Agent
Mark Hite
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Denver Denham
BHGRE Signature Brokers
List Price
$375,000
Sold Price
$354,000
Premium/Discount to List
-$21,000
-5.6%
Current Estimated Value
$495,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,232
Avg. Annual Appreciation
8.14%
Original Mortgage
$283,200
Outstanding Balance
$219,652
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$277,178
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parr William Lee $354,000 Title Guaranty & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr William Lee $283,200
Previous Owner Edmister Thomas W $390,000
Previous Owner Edmister Thomas W $22,000
Previous Owner Edmister Thomas W $22,000
Previous Owner Edmister Thomas W $67,000
Previous Owner Edmusler Thomas W $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $354,000 -5.6% $143 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $375,000 -- $151 / 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 $1,481 $82,600 $7,750 $74,850
2023 $1,481 $82,600 $7,750 $74,850
2022 $1,481 $82,600 $7,750 $74,850
2021 $1,481 $82,600 $0 $0
2020 $1,453 $82,600 $0 $0
2019 $1,453 $65,400 $6,300 $59,100
2018 $1,373 $0 $0 $0
2017 $1,436 $0 $0 $0
2016 $1,436 $0 $0 $0
2015 $1,387 $0 $0 $0
2014 $1,156 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2417003

Realtracs

APN: 084-038.03