NOT LISTED FOR SALE

2866 Signal Farms Ln Signal Mountain, TN 37377

Estimated Value: $647,679 - $768,000

4 Beds
3 Baths
2,475 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $404,700 $164 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,988/month

27 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 December 2019

This newly constructed home is the absolute best value on Signal Mountain. This brand new, four bedroom and 3 full bathroom home is loaded with builder upgrades and is priced well below market value. Inside you will find an open floor plan, wrapped beams in the den that complement the stylish fireplace, and stunning hardwood floors that lead you to the beautiful chef's kitchen. There is a main floor bedroom and a full bathroom in addition to the sizable mudroom off the garage. Upstairs you have three additional bedrooms, a bonus room and a conveniently located laundry room. Outside you have the upgraded covered porch and a lot size that extends beyond half an acre. Deals like this are extremely rare, so come see this magnificent home in the popular new subdivision of Signal Farms. In addition to the great features of this home, the neighborhood and home is zoned for award winning schools - Nolan elementary, Signal Mountain Middle & Signal Mountain High. Signal Farms is conveniently located and is less than 25 minutes to downtown and 20 minutes to the Target in Hixson. This home will be completed in early December. You will not find another deal like this on Signal Mountain.

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 10/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 2019

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 75x325
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,475 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
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Nolan Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Signal Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,244

Year Built

Built in 2019

Lot Details

0

HOA Fees

$13 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)
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2475
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • 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, Electric
  • 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: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.56
  • Lot Size: 75x325
  • 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
Oct 30, 2019
Closed on
Dec 30, 2019
Sold by
Rp Homes Llc
Bought by
Lopes Victal C and Lopes Corina A
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$404,700
Sold Price
$404,700
Current Estimated Value
$714,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,720
Avg. Annual Appreciation
9.93%
Original Mortgage
$354,700
Outstanding Balance
$316,724
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$381,587
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
Lopes Victal C $404,700 Title Guaranty & Trust Co
Rp Homes Llc -- Title Guaranty And Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopes Victal C $354,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $404,700 0.0% $164 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $404,700 -- $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 $2,244 $100,300 $0 $0
2023 $2,253 $100,300 $0 $0
2022 $2,253 $100,300 $0 $0
2021 $2,253 $100,300 $0 $0
2020 $2,638 $20,000 $0 $0
2019 $553 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan May

    Seller's Agent in 2019

    Ryan May

    Real Estate Partners Chattanooga, LLC

    (423) 667-5922

    14 in this area

    696 Total Sales

    Ryan May
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Map

Source: Realtracs

MLS Number: 2421411

Realtracs

APN: 079L-A-023.01

Tennessee Hamilton County Signal Mountain 37377

2866 Signal Farms Ln, Signal Mountain, TN

This home is located at 2866 Signal Farms Ln, Signal Mountain, TN 37377 since 30 October 2019 and is currently estimated at $714,420, approximately $288 per square foot. This property was built in 2019. 2866 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.

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