NOT LISTED FOR SALE

321 Rabbit Run Ln Sewanee, TN 37375

Estimated Value: $339,000 - $488,000

3 Beds
3 Baths
1,620 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $385,000 $238 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,546/month

28 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Covered patio or porch
  • Deck
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2021

Looking for an updated house in Sewanee with acreage? This one level property is all ready for you! Completely updated from top to bottom - New roof, foam insulation in the whole house, updated plumbing, new LVP flooring, a whole new kitchen, a new garage door, light fixtures, and a whole lot more. There is a developed RV parking space that's currently being rented for $350/mo with its own septic, water, and electric. Owner/Agent.

Last Listed By

Leona Thomas

Fletcher Bright Realty License #341465 Listed on: 03/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1980

Lot Details

  • 3.05 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Sewanee Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060 076.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.05
  • Lot Size: 3.05 acres
  • Subdivision Name: None
  • Directions: From Chattanooga, take I-24W, exit 134. Continue on W Main St/US-41A N, left on Midway Rd, Continue to Otter Falls Rd, Left on Rabbit Run Ln. House is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1620.0
  • New Construction: No
  • Year Built: 1980
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 060 076.03
  • Location Tax and Legal Elementary School: Sewanee Elementary
  • Location Tax and Legal Middle Or Junior School2: South Middle School
  • Location Tax and Legal High School: Franklin Co High
  • Location Tax and Legal:Tax Annual Amount: 886.61
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 3.05
  • General Property Information Lot Size Square Feet2: 132858.0
  • General Property Information Lot Size Dimensions: 3.05 acres
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring:Vinyl: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Disposal, Dishwasher
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Granite Counters, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Level
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sewanee Elementary
  • High School: Franklin Co High
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size Sq Ft: 132858.0
  • Additional Parcels: No
  • Parcel #: 060 076.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 886.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 12, 2021
Sold by
Thomas Stephen
Bought by
Gangl Joseph Henry and Gangl Laurie Ellen
Seller's Agent
Leona Thomas
Fletcher Bright Realty
Buyer's Agent
Harriett Whitaker
Fletcher Bright Realty
List Price
$419,900
Sold Price
$385,000
Premium/Discount to List
-$34,900
-8.31%
Total Days on Market
28
Current Estimated Value
$436,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,148
Avg. Annual Appreciation
2.57%
Original Mortgage
$327,250
Outstanding Balance
$300,324
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$125,830

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 10, 2020
Sold by
Schweitzer Linda Faye and Faye Schweitzer Cockburn Linda
Bought by
Thomas Stephen
Seller's Agent
Sally Thomas
Sewanee Realty
Buyer's Agent
NONMLS NONMLS
List Price
$187,000
Sold Price
$150,000
Premium/Discount to List
-$37,000
-19.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
317.12%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Gilliam Kevin D
Bought by
Cockburn Linda Faye Schweitzer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,512
Interest Rate
6.1%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Toth Louis S
Bought by
Gilliam Kevin D

Purchase Details

Closed on
Apr 12, 1991
Bought by
Toth Louis S & Elizabeth Trust

Purchase Details

Closed on
Aug 2, 1989
Bought by
Toth Louis S and Toth Elizabeth

Range of Values:

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Average Value
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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
Gangl Joseph Henry $385,000 Wooden Title & Escrow Llc
Thomas Stephen $150,000 Wooden Title & Escrow Llc
Cockburn Linda Faye Schweitzer $125,000 --
Gilliam Kevin D $89,000 --
Toth Louis S & Elizabeth Trust -- --
Toth Louis S $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangl Joseph Henry $327,250
Previous Owner Glenn Cockburn $127,512
Previous Owner Gilliam Kevin D $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $385,000 -8.3% $238 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $419,900 +179.9% $259 / Sq Ft
09/14/2020 09/14/20 Sold $150,000 -19.8% $93 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $187,000 -- $115 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,534 $76,875 $9,325 $67,550
2023 $1,534 $76,875 $9,325 $67,550
2022 $1,442 $76,875 $9,325 $67,550
2021 $887 $76,875 $9,325 $67,550
2020 $887 $30,800 $6,475 $24,325
2019 $887 $30,800 $6,475 $24,325
2018 $823 $30,800 $6,475 $24,325
2017 $823 $30,800 $6,475 $24,325
2016 $795 $29,750 $6,475 $23,275
2015 $795 $29,750 $6,475 $23,275
2014 $795 $29,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1330832

Greater Chattanooga REALTORS®

APN: 060-076.03