NOT LISTED FOR SALE

322 Marvin Ln Lookout Mountain, GA 30750

Estimated Value: $433,509 - $523,000

3 Beds
2 Baths
1,986 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $330,000 $166 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,020/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Fairyland Elementary School Rated A-
  • No HOA
  • Formal Dining Room

About This Home

As of August 2022

Possibilities are endless for this classic single level home on tree lined Marvin Lane. This ideal location is just a minutes walk from award winning Fairyland Elementary School and the many amenities of the Lookout Mountain community. Marvin Lane is very spacious and features 3 bedrooms, 2 baths, a large kitchen, living room, dining room, sunroom, and laundry room. Some details that stand out are the built-ins and fireplace in the living room, hardwood floors, 2 large walk-in closets in the master bedroom, separate laundry room and the sunroom which is approximately 220 sq. ft. The large lot with fenced yard and back patio is perfect for privacy and enjoyment. You'll also appreciate having an attached and covered carport with separate storage closet for lawn equipment etc. This home is just waiting for your special touches! Property to be sold ''as is''.

Last Agent to Sell the Property

Julie Fisher

Crye-Leike, REALTORS License #326241 Listed on: 07/25/2022

Crye-Leike, REALTORS

Last Buyer's Agent

Julie Fisher

Crye-Leike, REALTORS License #326241 Listed on: 07/25/2022

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1957

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 102x200
  • Gentle Sloping Lot

Home Design

  • Three Sided Brick Exterior Elevation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Fairyland Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4010 030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,384

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 102X200
  • Subdivision Name: None
  • Directions: Take Ochs Hwy up Lookout Mountain toward Rock City. Continue straight at the top of the Mountain to Lula Lake Rd. Turn left on Lula Lake. Marvin Lane is the first street after Fairyland Elementary School. House is at the end of Marvin Lane.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1986.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1957
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 4010 030
  • Location Tax and Legal Elementary School: Fairyland Elementary School
  • Location Tax and Legal Middle Or Junior School2: Chattanooga Valley Middle
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 3383.59
  • 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: Yes
  • General Property Information Lot Size Acres: 0.47
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Dimensions: 102X200
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: 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
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Breakfast Nook: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Disposal, Dishwasher
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Breakfast Nook, En Suite, Primary Downstairs, Separate Dining Room, Separate Shower, Soaking Tub, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Skylight(s), Storm Window(s)
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Attic Features:Storage Only: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Soaking Tub: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Storm Window(s): Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairyland Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Additional Parcels: No
  • Parcel #: 4010 030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3383.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 19, 2022
Sold by
Ljc Properties Llc
Bought by
Mitchell Andrew and Mitchell Suzanne
Seller's Agent
Julie Fisher
Crye-Leike, REALTORS
Buyer's Agent
Julie Fisher
Crye-Leike, REALTORS
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%
Total Days on Market
13
Current Estimated Value
$463,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,127
Avg. Annual Appreciation
12.32%

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jun 30, 2022
Sold by
Foresight Holdings Lp
Bought by
Chattanooga Christian Community Foundati
Seller's Agent
Julie Fisher
Crye-Leike, REALTORS
Buyer's Agent
Julie Fisher
Crye-Leike, REALTORS
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%

Purchase Details

Closed on
May 13, 2022
Sold by
M & M Properties Of Tennessee Llc
Bought by
Foresight Holdings Lp

Purchase Details

Closed on
Jul 24, 2020
Sold by
Welborn Properties Llc
Bought by
Foresight Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,772
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2006
Sold by
Not Provided
Bought by
Welborn Properties Llc & M & M and Properties Of Tenn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 1972
Bought by
Church Of Good Shepard
Source: Public Records

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Range of Values:

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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
Mitchell Andrew $330,000 --
Chattanooga Christian Community Foundati -- --
Foresight Holdings Lp -- --
Foresight Holdings Lp -- --
Welborn Properties Llc & M & M $190,000 --
Church Of Good Shepard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foresight Holdings Lp $259,772
Previous Owner Welborn Properties Llc $350,453
Previous Owner Welborn Properties Llc & M & M $458,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $330,000 -9.6% $166 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $365,000 -- $184 / 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 $5,201 $167,240 $20,400 $146,840
2023 $4,197 $131,504 $20,400 $111,104
2022 $2,754 $104,633 $20,400 $84,233
2021 $2,590 $88,190 $20,400 $67,790
2020 $2,276 $74,188 $20,790 $53,398
2019 $2,277 $74,188 $20,790 $53,398
2018 $2,207 $74,188 $20,790 $53,398
2017 $2,467 $74,188 $20,790 $53,398
2016 $2,045 $74,188 $20,790 $53,398
2015 $2,046 $70,715 $17,012 $53,703
2014 $1,970 $70,715 $17,012 $53,703
2013 -- $70,715 $17,012 $53,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1358902

Greater Chattanooga REALTORS®

APN: 4010-030