NOT LISTED FOR SALE

2623 Heron Cove Ln Unit Lot 9 Soddy Daisy, TN 37379

Estimated Value: $1,518,000 - $2,044,945

5 Beds
4.5 Baths
6,764 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $1,270,000 $188 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,272/month

21 Days on Market

Highlights

  • Lake Front
  • Docks
  • Open Floorplan
  • Loftis Middle School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of May 2020

Life really is better at the lake. And, it simply does not get better than in River's Edge where water views are endless and convenience becomes your great gift of time. Water surrounds you with the pristine natural beauty of Bear Trace framing your distant view. This Dexter White custom transcends time with its new face while immaculately maintained and impeccably kept inside and out. It is where your new, best life begins. Designed to embrace the most comfortable, casual of lifestyles with a seamless open flow of all the living areas up and down from inside out. Family room, eating area and kitchen capture breathtaking BIG water vistas while featuring real furniture quality cabinetry throughout by master craftsman Mike Norcia. With a kitchen that is as gorgeous as it is functional, the real chef in you will flourish again as you overlook both natural water and your pool while cooking with your five burner gas cook top, two full size ovens, warming drawer and prep sink. SubZero full size refrigerator and SubZero full size freezer will allow you to escape home for extended periods as if vacationing. With a kitchen open to all the living areas both inside and out and surrounded by glass filling all rooms with natural light, the cook will never be isolated from breathtaking views or the fun. Dedicated professionally designed theatre room offers raised seating and a beverage center with refrigerator. Lower level is finished in same high quality as main level with 10 foot ceilings surrounded in glass and an abundance of natural light throughout. Huge rec room continues the ability for recreation, guest suite may having you to force them to leave as they can walk out to the stamped concrete covered patio and into the spa or pool. With completely rebuilt, upgraded pool and spa and an expanded two level dock, the opportunity for outdoor recreation abounds without leaving home. Home becomes the absolute dream staycation.

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 03/27/2020

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Ellen Eady

Greater Chattanooga Realty, Keller Williams Realty License #330000

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,597

Year Built

  • Built in 2006

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 73x208x89x213
  • Lake Front
  • Cul-De-Sac
  • Sloped Lot
  • Irrigation

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces
  • Separate Formal Living Room
  • Water Views
  • Washer and Gas Dryer Hookup
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Docks
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Allen Elementary School
  • Loftis Middle School
  • Soddy Daisy High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 075L A 010.01

Community Details

Overview

  • Rivers Edge Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,597

Year Built

Built in 2006

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Central Vacuum, Entry Foyer, High Ceilings, Open Floorplan, Walk-In Closet(s), Wet Bar, Intercom, Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Gas, Wood Burning, Great Room
  • Fireplace: Yes
  • Fireplaces: 3
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 4531
  • Below Grade Sq Ft: 2233
  • Building Area Units: Square Feet
  • Living Area: 6764
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Dock, Garage Door Opener, Irrigation System
  • Construction Type: Stucco, Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Other
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • 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
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Other, Sloped, Cul-De-Sac
  • Lot Size Acres: 0.39
  • Lot Size: 73x208x89x213
  • Lot Size Units: Acres
  • Parcel #: 075L A 010.01
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7597

MLS Schools

  • Elementary School: Allen Elementary School
  • High School: Soddy Daisy High School
  • Middle Or Junior School: Loftis Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 28, 2020
Sold by
Freeman Mark G and Freeman Tara B
Bought by
Chitwood John Weldon and Chitwood Sadhana Priya
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Ellen Eady
Greater Chattanooga Realty, Keller Williams Realty
List Price
$1,295,000
Sold Price
$1,270,000
Premium/Discount to List
-$25,000
-1.93%
Current Estimated Value
$1,818,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,982
Avg. Annual Appreciation
6.85%
Original Mortgage
$999,999
Outstanding Balance
$899,179
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$919,803

Purchase Details

Closed on
Feb 26, 2010
Sold by
Cornerstone Community Bank
Bought by
Freeman Mark G and Freeman Tara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$989,890
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Cross Donald L and Cross Karen E
Bought by
Cornerstone Community Bank

Purchase Details

Closed on
Mar 16, 2005
Sold by
Signature Land Co Llc
Bought by
Cross Donald L and Cross Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chitwood John Weldon $1,270,000 Cumberland Ttl & Guaranty Co
Freeman Mark G $1,100,000 Pioneer Title Agency Inc
Cornerstone Community Bank $1,145,000 None Available
Cross Donald L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitwood John Weldon $999,999
Previous Owner Freeman Mark G $989,890
Previous Owner Cross Donald L $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $1,270,000 -1.9% $188 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $1,295,000 -- $191 / 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 $7,132 $318,775 $0 $0
2023 $7,141 $318,775 $0 $0
2022 $7,141 $318,775 $0 $0
2021 $7,141 $318,775 $0 $0
2020 $7,597 $274,425 $0 $0
2019 $7,597 $274,425 $0 $0
2018 $7,597 $274,425 $0 $0
2017 $7,597 $274,425 $0 $0
2016 $7,098 $0 $0 $0
2015 $7,098 $256,350 $0 $0
2014 $7,098 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421384

Realtracs

APN: 075L-A-010.01