NOT LISTED FOR SALE

2884 Signal Farms Ln Signal Mountain, TN 37377

Fairmount Neighborhood

Estimated Value: $649,524 - $780,000

3 Beds
2.5 Baths
2,475 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $394,950 $160 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,148/month

235 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

*Home Complete* This magazine worthy model is gorgeous from head to toe with its beautiful hardwood floors, designer tile, stunning finishes and exquisite lighting. With 3 bedrooms, 3 bathrooms, an office, bonus room and a smartly positioned laundry room upstairs, this home provides for ultimate convenience. The downstairs living area boasts an open floor plan with the kitchen, dining area and great room flowing into one another. An inviting front porch and beautiful large back deck are the perfect way to start and end every day. 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. 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. Photos are of the actual home for sale. This home is complete and move-in ready!

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 10/14/2019

Last Buyer's Agent

Elizabeth Moyer

Greater Downtown Realty dba Keller Williams Realty License #318688,307898

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 2019

Lot Details

  • 0.67 Acre Lot
  • 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

  • 3 Bedrooms
  • 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
  • Septic Tank

Community Details

  • Signal Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

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: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • 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: 0.67
  • 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
Oct 14, 2019
Closed on
Jul 14, 2020
Sold by
Rp Homes Llc
Bought by
Paschall Paul M and Paschall Dorothy Webb
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Elizabeth Moyer
Greater Downtown Realty dba Keller Williams Realty
List Price
$399,700
Sold Price
$394,950
Premium/Discount to List
-$4,750
-1.19%
Total Days on Market
235
Current Estimated Value
$701,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,181
Avg. Annual Appreciation
12.56%
Original Mortgage
$315,960
Outstanding Balance
$283,757
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$417,374

Purchase Details

Closed on
Nov 26, 2019
Sold by
Taft Highway Development 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
$308,000
Interest Rate
3.75%
Mortgage Type
Construction
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
Paschall Paul M $394,950 Title Guaranty & Trust Co
Rp Homes Llc $75,000 Title Guaranty & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paschall Paul M $315,960
Previous Owner Rp Homes Llc $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $394,950 -1.2% $160 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $399,700 -- $161 / 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 $2,395 $107,050 $0 $0
2023 $2,404 $107,050 $0 $0
2022 $2,404 $107,050 $0 $0
2021 $2,404 $107,050 $0 $0
2020 $1,244 $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
  • Elizabeth Moyer

    Buyer's Agent in 2020

    Elizabeth Moyer

    Greater Downtown Realty dba Keller Williams Realty

    (423) 645-4224

    8 in this area

    398 Total Sales

    Elizabeth Moyer
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2421375

Realtracs

APN: 079L-A-025

Tennessee Hamilton County Signal Mountain 37377 Fairmount

2884 Signal Farms Ln, Signal Mountain, TN

This home is located at 2884 Signal Farms Ln, Signal Mountain, TN 37377 since 14 October 2019 and is currently estimated at $701,131, approximately $283 per square foot. This property was built in 2019. 2884 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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