$850,000
SOLD AUG 15, 2014
6 Beds
7 Baths
7,500 Sq Ft
0.99 Acres

Recently Sold

$113 Per Sq Ft

15% Below List Price

92 Days on Market

Highlights

  • Cabana
  • Open Floorplan
  • Deck
  • Nolan Elementary School Rated A-
  • Fireplace in Kitchen
  • Cathedral Ceiling

About This Home

As of June 2019

Amazing views of the valley from nearly every room in the home. Classic and comfortable! This is a perfect place to call home as well as entertaining your guest. A beautiful kitchen offers maple cabinets with granite countertops and sub-zero appliances. This home has 4 fireplaces and lots of room. The master suite is on the main level with separate vanities, large jetted tub and lots of closet space. Plenty of storage! Please make sure you watch the Video Tour!

Last Agent to Sell the Property

Billy Weathers

RE/MAX Properties License #226467 Listed on: 02/01/2014

Last Buyer's Agent

Lisa Rutledge

Crye-Leike, REALTORS License #322791

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,390

Year Built

  • Built in 1996

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Stone

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Cabana
  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Nolan Elementary School
  • Signal Mountain Middle School
  • Red Bank High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summertown Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 089M C 004

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,390

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 266X156 IRR
  • Subdivision Name: Summertown
  • Directions: TAKE W ROAD TO TOP OF MOUNTAIN, RIGHT ON EAST BROW. HOME ON CORNER OF EAST BROW AND LAKE AVE.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 7500.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1996
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 089M C 004
  • Location Tax and Legal Elementary School: Nolan Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 11390.0
  • General Property Information:Bathrooms Half: 3
  • 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 Dimensions: 266X156 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Sitting Area: Yes
  • Interior Features Split Bedrooms2: Yes
  • Pool Features In Ground: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Other Structures:Cabana: Yes
  • Interior Features Breakfast Room: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: 5120

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Microwave, Ice Maker, Gas Water Heater, Down Draft, Double Oven, Disposal, Dishwasher
  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Den, Dining Room, Family Room, Gas Log, Kitchen
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Room, Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Double Vanity, Eat-in Kitchen, Open Floorplan, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Sitting Area, Sound System, Split Bedrooms, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Insulated Windows, Window Treatments
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Icemaker: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Down Draft: Yes
  • Fireplace Features:Fireplaces Total: 4
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Dining Room2: Yes
  • Fireplace Features:Kitchen2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Brow Lot, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: In Ground
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone, Other
  • Exterior Features: Lighting
  • Other Structures: Cabana
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Nolan Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Signal Mountain Middle

Lot Info

  • Parcel #: 089M C 004

Tax Info

  • Tax Annual Amount: 11390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jun 10, 2019
Sold by
Best John R and Best Jan S
Bought by
Pierce Scott C and Pierce Catherine I
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Current Estimated Value
$2,227,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$977,471
Avg. Annual Appreciation
9.00%
Original Mortgage
$750,000
Outstanding Balance
$666,218
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,453,947

Purchase Details

Listed on
Feb 1, 2014
Closed on
Aug 15, 2014
Sold by
Suntrust Bank
Bought by
Best John R and Best Jan S
Seller's Agent
Billy Weathers
RE/MAX Properties
Buyer's Agent
Lisa Rutledge
Crye-Leike, REALTORS
List Price
$997,500
Sold Price
$850,000
Premium/Discount to List
-$147,500
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Nov 4, 2013
Sold by
Ferguson Jolley Jr Edgar Madison and Ferguson Jolley Laura
Bought by
Suntrust Bank

Purchase Details

Closed on
Apr 2, 2007
Sold by
Carlton Kimberly and Exum Roy
Bought by
Ferguson Jolley Jr Edgar M and Ferguson Jolley Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2004
Sold by
Parker Larry J and Parker Kathie D
Bought by
Mcelheney Norman Earl and Carlton Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1995
Sold by
Huddleston Charles L
Bought by
Parker Larry J and Parker Kathie D
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 Type Sale Price Title Company
Warranty Deed $1,250,000 Chattanooga Ttl Downtown Llc
Special Warranty Deed $850,000 None Available
Trustee Deed $1,000,000 None Available
Warranty Deed $1,374,050 None Available
Warranty Deed $1,385,000 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $1,190,000 Unknown
Previous Owner $1,400,000 Commercial
Previous Owner $1,400,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,108,000 Purchase Money Mortgage
Previous Owner $653,011 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $1,250,000 -16.4% $170 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
10/09/2018 10/09/18 For Sale $1,495,000 +75.9% $203 / Sq Ft
08/15/2014 08/15/14 Sold $850,000 -14.8% $113 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $997,500 -- $133 / 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 $7,009 $313,300 $0 $0
2023 $8,675 $313,300 $0 $0
2022 $8,675 $313,300 $0 $0
2021 $8,675 $313,300 $0 $0
2020 $9,112 $270,350 $0 $0
2019 $8,842 $270,350 $0 $0
2018 $8,571 $270,350 $0 $0
2017 $8,517 $270,350 $0 $0
2016 $7,850 $0 $0 $0
2015 $7,850 $245,750 $0 $0
2014 $7,850 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1205772

Greater Chattanooga REALTORS®

APN: 089M-C-004