NOT LISTED FOR SALE

311 Oakmont Ln Signal Mountain, TN 37377

Estimated Value: $385,656 - $461,000

3 Beds
2 Baths
1,562 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $250,000 $160 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,398/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Heating
  • Thrasher Elementary School Rated A-
  • Cooling Available
  • Property has 3 Levels

About This Home

As of April 2022

Close to all Signal Mountain schools this brick home has undergone a makeover. The exterior has been freshly painted and features a new roof, while the interior includes a remodeled bathroom, and freshly painted cabinetry and walls. You will find hardwood floors throughout bedrooms and living room. This 3 bedroom, 2 bath split-level home provides a functional floorplan which is both bright and open with ample living space. The large kitchen has a breakfast area that has an abundance of natural light and space. The laundry area occupies a separate space off the kitchen and above the large garage. Off the garage is an unfinished basement with loads of dry storage. Large patio in back yard suitable for gathering, grilling, or quiet time. Back yard is fenced and backs up to #10 of SMGCC. House has been waterproofed and is guaranteed. The convenient location to town and the shopping district is just one more plus that this house offers.

Last Agent to Sell the Property

Sean Smith

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4236352507 License #369444,335342 Listed on: 04/04/2022

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 112x145

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,562 Sq Ft Home
  • Property has 3 Levels
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Timberlinks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107E A 028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4236352507
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Washer, Refrigerator, Dryer, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 1562
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • 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
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size: 112X145
  • Lot Size Units: Acres
  • Parcel #: 107E A 028
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2311

MLS Schools

  • Elementary School: Thrasher 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
Apr 4, 2022
Closed on
Apr 1, 2022
Sold by
Fortaine Investments Llc
Bought by
Tennessee 1 Properties Llc
Seller's Agent
Sean Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$423,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,414
Avg. Annual Appreciation
14.05%
Original Mortgage
$4,254,684
Outstanding Balance
$4,045,210
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$3,652,280

Purchase Details

Listed on
Jul 16, 2014
Closed on
Nov 10, 2014
Sold by
Faidley Susan W
Bought by
Fontaine Investments Llc
Seller's Agent
Carol Burns
Berkshire Hathaway HomeServices Realty Center
Buyer's Agent
Jimmy McGinness
Fletcher Bright Realty
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Faidley Thomas C
Bought by
Faidley Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tennessee 1 Properties Llc $4,727,426 Bridge City Abstract
Fontaine Investments Llc $156,000 None Available
Faidley Susan W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennessee 1 Properties Llc $4,254,684
Previous Owner Faidley Susan W $34,000
Previous Owner Faidley Susan W $108,000
Previous Owner Faidley Thomas C $60,000
Previous Owner Faidley Thomas C $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2024 09/21/24 Off Market $1,400 -- --
04/04/2022 04/04/22 Sold $250,000 0.0% $160 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $250,000 0.0% $160 / Sq Ft
07/01/2016 07/01/16 Rented -- -- --
07/01/2016 07/01/16 Rented -- -- --
07/01/2016 07/01/16 Rented $1,400 0.0% --
05/31/2016 05/31/16 Under Contract -- -- --
05/31/2016 05/31/16 Under Contract -- -- --
05/26/2016 05/26/16 For Rent $1,400 0.0% --
05/25/2016 05/25/16 For Rent -- -- --
01/27/2015 01/27/15 Sold $1,400 0.0% $1 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $1,400 -99.1% $1 / Sq Ft
11/11/2014 11/11/14 Sold $156,000 -5.5% $86 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $165,000 -- $91 / 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 $1,313 $58,675 $0 $0
2023 $1,313 $58,675 $0 $0
2022 $1,313 $58,675 $0 $0
2021 $1,313 $58,675 $0 $0
2020 $1,168 $42,225 $0 $0
2019 $1,168 $42,225 $0 $0
2018 $1,168 $42,225 $0 $0
2017 $1,168 $42,225 $0 $0
2016 $1,040 $0 $0 $0
2015 $1,040 $37,625 $0 $0
2014 $1,040 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2371798

Realtracs

APN: 107E-A-028