NOT LISTED FOR SALE

Estimated Value: $758,000 - $916,000

4 Beds
2.5 Baths
4,298 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $460,000 $107 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,946/month

18 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • Walk-In Closet

About This Home

As of July 2020

Welcome home to 3116 Olde Towne Ln! Conveniently located within minutes to downtown Chattanooga, this home is nestled in a beautiful cul-de-sac neighborhood of only 14 homes. No detail has been overlooked in this 3 story home that features high ceilings, custom craftsmanship, and gracious-sized rooms. You will love the newly refinished hardwood floors throughout and beautifully refinished custom cabinets in the kitchen. The kitchen and family room open to a spacious deck and backyard perfect for entertaining. The extra-large master suite boasts a deluxe master bath with a freestanding soaking tub, newly tiled master shower with a frameless glass door, and a sizeable master closet that features a new closet organization package. The finished basement would be the perfect rec room, office, or home entertainment space. This home has been lovingly remodeled with great detail and is ready for its new owners! Call today for your private showing.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1992

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 138.54

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,298 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Rivermont Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Humidifier
  • Central Heating

Community Details

  • Olde Towne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118O A 031.16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,844

Year Built

Built in 1992

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: High Ceilings, Walk-In Closet(s), Humidifier
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Den, Gas, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 4298
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Other, Brick
  • Patio And Porch Features: Deck, Patio, 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

  • 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: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.25
  • Lot Size: 80 x 138.54
  • Lot Size Units: Acres
  • Parcel #: 118O A 031.16
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4844

MLS Schools

  • Elementary School: Rivermont Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Wiles Cory and Wiles Erin
Bought by
Wiles Cory and Wiles Erin
Current Estimated Value
$857,984

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 31, 2020
Sold by
Jones Harry G and Jones Janet D
Bought by
Wiles Cory and Wiles Erin
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$345,000
Outstanding Balance
$311,323
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$487,901

Purchase Details

Closed on
Oct 17, 2001
Sold by
Davis Clyde T and Davis Marsha A
Bought by
Jones Harry G and Jones Janet D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Wiles Cory -- None Available
Wiles Cory $460,000 Cumberland Title & Guaranty
Jones Harry G $247,000 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiles Cory $345,000
Previous Owner Jones Harry G $185,000
Previous Owner Jones Harry G $241,500
Previous Owner Jones Harry G $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $460,000 -5.9% $107 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $489,000 -- $114 / 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 $2,586 $115,600 $0 $0
2023 $2,586 $115,600 $0 $0
2022 $2,586 $115,600 $0 $0
2021 $2,586 $115,600 $0 $0
2020 $2,657 $96,075 $0 $0
2019 $2,657 $96,075 $0 $0
2018 $2,314 $96,075 $0 $0
2017 $2,657 $96,075 $0 $0
2016 $2,470 $0 $0 $0
2015 $4,648 $89,325 $0 $0
2014 $4,648 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2340804

Realtracs

APN: 118O-A-031.16