NOT LISTED FOR SALE

315 Oakmont Ln Signal Mountain, TN 37377

Estimated Value: $393,000 - $478,000

3 Beds
2 Baths
1,524 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $280,000 $184 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,474/month

35 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Thrasher Elementary School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of January 2021

Welcome to 315 Oakmont Lane in the heart of Signal Mountain, just 15 minutes to Downtown Chattanooga! Zoned for award winning schools w/ 3 bedroom, 2 full bath it may just be the best deal on Signal. The oversized, 1/2 acre, mostly flat lot, lines the Signal Mountain Golf & Country Club Golf Course, steps from the Rainbow Lake Hiking trails & in the Cul-De-Sac of a great little family friendly street. Under $300K & on the Golf Course! Ready for it's new owner, home comes w/ all kitchen appliances, granite countertops, 1 car attached garage, privacy, mature trees, newer HVAC (2014) & vinyl windows, gorgeous original hardwood throughout, attic storage & a separate storage shed out back! Easy floor plan, updated bathrooms with ceramic tile, large room s & spacious laundry / mud room **** Information is deemed reliable but not guaranteed. Buyer & Agent to verify any and all info they deem important ****

Last Agent to Sell the Property

Ashley Burns

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4237184855 License #322881 Listed on: 11/02/2020

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Ashley Burns

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4237184855 License #322881 Listed on: 11/02/2020

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1958

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 164.5x126.38
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

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 027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,370

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4237184855
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1524
  • Building Area Units: Square Feet
  • Living Area: 1524
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Tile
  • 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 - Front
  • 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
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Cul-De-Sac
  • Lot Size Acres: 0.48
  • Lot Size: 164.5X126.38
  • Lot Size Units: Acres
  • Parcel #: 107E A 027
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2370

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
Nov 2, 2020
Closed on
Jan 4, 2021
Sold by
Watwood Erin D and Watwood Katherine M
Bought by
Lgc Real Estate Investments Llc
Seller's Agent
Ashley Burns
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Ashley Burns
Real Estate Partners Chattanooga, LLC
List Price
$299,400
Sold Price
$280,000
Premium/Discount to List
-$19,400
-6.48%
Current Estimated Value
$435,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,391
Avg. Annual Appreciation
8.32%
Original Mortgage
$205,000
Outstanding Balance
$32,540
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,875

Purchase Details

Closed on
May 6, 2009
Sold by
May Steven L and May Marian G
Bought by
Watwood Erin D and Watwood Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2005
Sold by
Rankin Terry W
Bought by
May Steven L and May Marian G

Purchase Details

Closed on
Dec 13, 2002
Sold by
Thompson Donald Calvin and Thompson Roy G
Bought by
Rankin Terry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.37%
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
Lgc Real Estate Investments Llc $280,000 None Available
Watwood Erin D $205,000 Milligan Reynolds Guaranty T
May Steven L $119,000 --
Rankin Terry W $60,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lgc Real Estate Investments Llc $205,000
Previous Owner Watwood Erin D $201,286
Previous Owner Rankin Terry $114,300
Previous Owner Rankin Terry W $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $280,000 -6.5% $184 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $299,400 -- $196 / 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 $1,437 $64,250 $0 $0
2023 $1,437 $64,250 $0 $0
2022 $1,437 $64,250 $0 $0
2021 $1,437 $64,250 $0 $0
2020 $1,409 $50,950 $0 $0
2019 $1,409 $50,950 $0 $0
2018 $1,409 $50,950 $0 $0
2017 $1,409 $50,950 $0 $0
2016 $1,171 $0 $0 $0
2015 $1,171 $42,350 $0 $0
2014 $1,171 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2422025

Realtracs

APN: 107E-A-027