NOT LISTED FOR SALE

2858 Signal Farms Ln Signal Mountain, TN 37377

Fairmount Neighborhood

Estimated Value: $683,928 - $828,000

4 Beds
2.5 Baths
2,774 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $455,000 $164 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,432/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Covered Deck
  • Nolan Elementary School Rated A-
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of July 2020

The epitome of farmhouse chic, the Paxton model embodies the community of Signal Farms. This home was built with the modern family in mind, with a master suite on the main level and 3 large additional bedrooms on the second level. Warm and inviting, the sprawling front porch sets the tone for the comfortable, easy floorplan. The designer kitchen opens up to the lovely breakfast area and inviting family room. Gas lanterns bejewel the home, further showcasing this chic, fresh design. Each home is exquisitely built with impeccable care and attention to detail, with the underlying goal of creating homes that are equally as beautiful as they are functional. All homes offer oversized lots ranging from half an acre to over 2.5 acres. Homes are currently being built. With an expected completion date of February 2020 buyers have the ability to customize all finishes, colors and designs. This small community of 26 homes will only have one phase of building. In 20 minutes residents can get to downtown Chattanooga, and just as easily in 20 minutes can be on the other side of town to Target and the conveniences of Hixson. Signal Farms is zoned for award winning Signal Mountain schools and lower taxes. The pictures are not of the actual home being sold. Photos are an actual home in Signal Farms and an example of the model of the home being advertised for sale. Live in comfort knowing that this home, like all homes in Signal Farms, is exclusively built by Chattanooga's Builder of the Year. Call today to start the fun and easy process of buying your dream home in Signal Farms.

Last Listed By

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 03/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 2019

Lot Details

  • 0.53 Acre Lot
  • Level Lot

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,774 Sq Ft Home
  • Property has 3 Levels
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Nolan Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Signal Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 2019

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: 4236675922
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2774
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Other
  • 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

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.53
  • Lot Size: 0
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Nolan Elementary School
  • High School: Signal Mountain Middle/High School
  • Middle Or Junior School: Signal Mountain Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jul 31, 2020
Sold by
Rp Homes Llc
Bought by
Ricke Daniel M and Ricke Kelly L
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$455,000
Sold Price
$455,000
Total Days on Market
4
Current Estimated Value
$750,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,732
Avg. Annual Appreciation
10.45%
Original Mortgage
$364,000
Outstanding Balance
$327,055
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$409,031

Purchase Details

Closed on
Jun 24, 2019
Sold by
Tkd Homes Llc
Bought by
Rp Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
4%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Ricke Daniel M $455,000 Title Guaranty & Trust Co
Rp Homes Llc $164,500 Title Guaranty And Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricke Daniel M $364,000
Previous Owner Rp Homes Llc $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $455,000 0.0% $164 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $455,000 -- $164 / 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 $2,466 $110,200 $0 $0
2023 $2,475 $110,200 $0 $0
2022 $2,475 $110,200 $0 $0
2021 $2,475 $110,200 $0 $0
2020 $2,592 $20,000 $0 $0
2019 $553 $20,000 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan May

    Seller's Agent in 2020

    Ryan May

    Real Estate Partners Chattanooga, LLC

    (843) 810-0316

    16 in this area

    746 Total Sales

    Ryan May
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2421639

Realtracs

APN: 079L-A-023

Tennessee Hamilton County Signal Mountain 37377 Fairmount

2858 Signal Farms Ln, Signal Mountain, TN

This home is located at 2858 Signal Farms Ln, Signal Mountain, TN 37377 since 27 March 2020 and is currently estimated at $750,732, approximately $270 per square foot. This property was built in 2019. 2858 Signal Farms Ln is a home located in Hamilton County with nearby schools including Nolan Elementary School, Signal Mountain Middle/High School, and Signal Mountain Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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