$1,900,000
SOLD DEC 12, 2024
3 Beds
5 Baths
3,998 Sq Ft
3.6 Acres

Recently Sold

$475 Per Sq Ft

17% Below List Price

2 Days on Market

Highlights

  • 3.6 Acre Lot
  • Fireplace in Primary Bedroom
  • High Ceiling
  • Lookout Mountain Elementary School Rated A-
  • Wooded Lot
  • Private Yard

About This Home

As of December 2024

Sitting majestically on 3.6 acres atop Lookout Mountain, Tennessee, this stunning Spanish villa is a true masterpiece of authentic Mediterranean architecture. Inspired by a transformative trip to Spain in the 1930's, Elizabeth and George Scholze, son of Scholze Tannery founder Robert Scholze, wanted to capture the elegance and charm of traditional Spanish living. The result was 282 Stephenson Avenue, one of the most historic and unique homes ever built in the Chattanooga area. Completed in 1935, this winding Spanish castle totally fires the imagination... windows rumored to be from Tiffany, thousands of tiles imported from Spain, fantastical beasts of hand wrought iron (possibly by Samuel Yellin) scrolling and swirling out of doorways and walls. Centering the home is a turret with a winding staircase leading to a round room, full bath and balcony at the top - perfect for a private retreat or home office. At the base is the intricately-carved, massive wooden front door. Inside, you will be stunned by the rounded entry of colorful Spanish tiles, European terrazzo floors, the grand living room with heavy wooden beams, and thick stucco walls. Finely crafted wrought iron graces the stair railings, gates, windows and lanterns throughout. Not to be missed is the remarkable carved fireplace - one of seven - with its ornate marble facing and mantel. Beyond the main house, a lushly-landscaped central courtyard with fountain provides the perfect setting for outdoor entertaining and games. The fun continues in the separate 2,114 square foot ''party house,'' featuring a welcoming fireside patio, entry with fireplace and Spanish-tiled bar, and a huge beamed ballroom where champagne once flowed from the gorgeous tiled fountain! This majestic home was built for FUN, PARTIES and GOOD TIMES with family and friends, and beckons to be restored to its former glory. Though it has changed ownership twice since its completion, it has remained in almost original condition. It is located in Lookout Mountain, Tennessee, a quaint, family-friendly community with a community playground, tennis courts, world-class hiking trails and rock climbing, and the award-winning Lookout Mountain Elementary School.

Last Agent to Sell the Property

Lizzer Graham, ABR

Fletcher Bright Realty License #330465 Listed on: 12/02/2024

Last Buyer's Agent

Ellen Brooks

Fletcher Bright Realty License #236259

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1935

Lot Details

  • 3.6 Acre Lot
  • Dog Run
  • Landscaped
  • Gentle Sloping Lot
  • Wooded Lot
  • Many Trees
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Spanish Tile Roof
  • Synthetic Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,998 Sq Ft Home
  • 1-Story Property
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Chandelier
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 7 Fireplaces
  • Attic Floors
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Uncovered Courtyard
  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Lookout Mountain Elementary School
  • Lookout Valley Middle School
  • Lookout Valley High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Available
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 166n A 005

Community Details

Overview

  • No Home Owners Association
  • H Scholzes Addn Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,500

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.6
  • Lot Size: NA
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: H Scholzes Addn
  • Directions: Take Scenic Highway up Lookout Mountain. At top continue straight. Fork right at the fountain onto West Brow Road. Take a left onto West Sunset Road, then a left onto Stephenson Avenue. Home is on the right.
  • Above Grade Finished Sq Ft: 6112.0
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 3998.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 166n A 005
  • Location Tax and Legal Elementary School: Lookout Mountain Elementary
  • Location Tax and Legal Middle Or Junior School2: Lookout Valley Middle
  • Location Tax and Legal High School: Lookout Valley High
  • Location Tax and Legal:Tax Annual Amount: 16500.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 6112.0
  • 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 Acres: 3.6
  • General Property Information Lot Size Square Feet2: 156816.0
  • General Property Information Lot Size Dimensions: NA
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Levels:One: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features En Suite: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Cable Connected: Yes
  • Property Condition:Fixer: Yes
  • Utilities:Phone Connected: Yes
  • General Property Information Above Grade Unfinished Area: 1632.0
  • Flooring:Ceramic Tile: Yes
  • Other Structures KennelDog Run: Yes
  • Flooring Terrazzo: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Trash Compactor, Self Cleaning Oven, Refrigerator, Gas Water Heater, Free-Standing Refrigerator, Free-Standing Electric Range, Disposal, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Living Room, Outside, Primary Bedroom, Wood Burning, Other
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Terrazzo, Tile
  • Interior Amenities: Bar, Beamed Ceilings, Chandelier, Crown Molding, Eat-in Kitchen, En Suite, Entrance Foyer, High Ceilings, Pantry, Tile Counters, Walk-In Closet(s)
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Appliances:Trash Compactor: Yes
  • Community Features:Playground: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Community Features:Tennis Court(s): Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 7
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Crown Molding: Yes
  • Fireplace Features:Bedroom2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Chandelier: Yes
  • Fireplace Features:Primary Bedroom2: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Fireplace Features:Outside2: Yes
  • InteriorFeatures:Bar: Yes
  • Interior Features:Tile Counters: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Attic Features:Floored: Yes

Exterior Features

  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Many Trees, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Concrete, Stucco, Other
  • Exterior Features: Balcony, Courtyard, Dog Run, Garden, Private Yard, Uncovered Courtyard
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Garage(s), Kennel/Dog Run
  • Patio And Porch Features: Covered
  • Property Condition: Fixer
  • Roof: Spanish Tile, Synthetic
  • Exterior Features:Private Yard: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Garden: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Uncovered Courtyard: Yes
  • Construction Materials:Concrete: Yes
  • Exterior Features:Dog Run: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Driveway, Garage, Garage Door Opener, Garage Faces Side, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Other Structures:Garage(s): Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Lookout Mountain Elementary
  • High School: Lookout Valley High
  • Middle Or Junior School: Lookout Valley Middle

Lot Info

  • Lot Size Sq Ft: 156816.0
  • Additional Parcels: No
  • Parcel #: 166n A 005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Grizzard Robert U and Grizzard Joen E
Bought by
Robert And Joen Grizzard Tennessee Community and Grizzard
Total Days on Market
2
Current Estimated Value
$2,003,472

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 12, 2024
Sold by
Reynolds C Lentz
Bought by
Grizzard Robert U and Grizzard Joen E
Seller's Agent
Lizzer Graham, ABR
Fletcher Bright Realty
Buyer's Agent
Ellen Brooks
Fletcher Bright Realty
List Price
$2,300,000
Sold Price
$1,900,000
Premium/Discount to List
-$400,000
-17.39%
Views
1641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Executors Deed $1,900,000 Cumberland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $976,000 Credit Line Revolving
Previous Owner $750,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $1,900,000 -17.4% $475 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $2,300,000 -- $575 / 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 $8,409 $375,875 $0 $0
2023 $8,418 $375,875 $0 $0
2022 $8,418 $375,875 $0 $0
2021 $8,418 $375,875 $0 $0
2020 $7,514 $271,400 $0 $0
2019 $7,514 $271,400 $0 $0
2018 $7,514 $271,400 $0 $0
2017 $7,514 $271,400 $0 $0
2016 $6,901 $0 $0 $0
2015 $6,901 $249,225 $0 $0
2014 $6,901 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1503936

Greater Chattanooga REALTORS®

APN: 166N-A-005