NOT LISTED FOR SALE

299 Barnes Rd Lookout Mountain, GA 30750

Estimated Value: $693,000 - $741,000

3 Beds
2.5 Baths
2,200 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,100,000 $500 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $3,886/month

16 Days on Market

Highlights

  • 3.85 Acre Lot
  • Deck
  • No HOA
  • Fairyland Elementary School Rated A-
  • 1 Fireplace
  • Cooling Available

About This Home

As of February 2024

Own a private piece of Lookout Mountain--just 8 miles from downtown Chattanooga! Once in a lifetime opportunity to purchase a magnificent property with a gorgeous home including extraordinary brow views of Lookout Mountain Valley. Built in 1993 and situated on 3.85 acres of scenic mountain top land on a private road in a secluded neighborhood--with more than 2000 square feet this property boasts 3 bedrooms and 2.5 baths. In addition, there is an oversized two car garage with ample amounts of storage. The large fully equipped kitchen is perfect for entertaining. The two large bedrooms offer king beds with the primary bath, including a rare luxurious option of radiant heat. The third bedroom includes a full over full bunk bed (or queen if needed). With custom finishes and floor to ceiling windows with amazing views, this home is exceptional throughout. The home is currently used as a short-term rental and is extremely successful. *Property is being sold fully furnished including all garden utilities, etc as the owner is moving abroad in 2024. This is a rare opportunity to own a turn-key, highly successful short-term rental business or make it the primary residence of your dreams. *There are several pieces of staged furniture that will be replaced with the owner's furniture. Please inquire if you have any questions.

Last Buyer's Agent

Mary Dudley McLean

Real Estate Partners Chattanooga, LLC License #330589

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1993

Lot Details

  • 3.85 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Dade Elementary School
  • Dade Middle School
  • Dade County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056 00 034 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1993
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 2200
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 3.85
  • Lot Size Units: Acres
  • Parcel #: 056 00 034 00
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 505

MLS Schools

  • Elementary School: Dade Elementary School
  • High School: Dade County High School
  • Middle Or Junior School: Dade Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 29, 2024
Sold by
Fortanier Eric Jean
Bought by
Gorecki Amanda and Gorecki John
Buyer's Agent
Mary Dudley McLean
Real Estate Partners Chattanooga, LLC
List Price
$1,100,000
Sold Price
$1,100,000
Views
28
Current Estimated Value
$696,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$404,000
Avg. Annual Appreciation
-26.34%

Purchase Details

Closed on
Jun 19, 2006
Sold by
Barnes Marion
Bought by
Fortanier Elisabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1973
Bought by
Barnes Marion
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
Gorecki Amanda $1,100,000 --
Fortanier Elisabeth E $370,000 --
Barnes Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortanier Elisabeth E $101,000
Previous Owner Fortanier Elisabeth E $96,000
Previous Owner Fortanier Elisabeth E $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,100,000 0.0% $500 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $1,100,000 -- $500 / 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 $501 $22,760 $22,760 $0
2023 $510 $22,760 $22,760 $0
2022 $505 $22,760 $22,760 $0
2021 $510 $22,760 $22,760 $0
2020 $531 $22,760 $22,760 $0
2019 $536 $22,760 $22,760 $0
2018 $546 $22,760 $22,760 $0
2017 $546 $22,760 $22,760 $0
2016 $544 $22,760 $22,760 $0
2015 $532 $22,760 $22,760 $0
2014 -- $19,920 $19,920 $0
2013 -- $19,920 $19,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2631710

Realtracs

APN: 056-00-034-00