NOT LISTED FOR SALE

Estimated Value: $491,000 - $595,000

4 Beds
3 Baths
2,600 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $530,000 $204 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,481/month

2 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Fairyland Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of March 2024

Welcome to the Fairyland Community and nestled on the side of Lookout Mountain, you will find 345 Gnome Trail. This storybook, 1912 authentic Log Home that has been meticulously maintained and loved. From the original True Divided Light windows to the locally sourced stone, wood burning fireplace, Dutch Doors and original log construction you will surely be wowed! Only a short stroll to the Fairyland Club, Starbucks, and the world-Famous Rock City, and minutes to downtown Chattanooga, you will never lack for something to do. Please schedule your appointment to see this unique home today, you won't be disappointed.

Last Listed By

Joal Henke

Greater Downtown Realty dba Keller Williams Realty License #287532,295944 Listed on: 03/01/2024

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1912

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 104x95
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4004 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,242

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1912
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 2600
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Log, Stone, Other, Brick
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • 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: Wooded, Other
  • Lot Size Acres: 0.23
  • Lot Size: 104X95
  • Lot Size Units: Acres
  • Parcel #: 4004 016
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4242

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 22, 2024
Sold by
Nora Matthews Hale Llc
Bought by
Philip Chris John
Seller's Agent
Joal Henke
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Joal Henke
Greater Downtown Realty dba Keller Williams Realty
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Total Days on Market
2
Views
23
Current Estimated Value
$540,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,967
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Sep 11, 2014
Closed on
Oct 30, 2014
Sold by
Gibson May Elizabeth
Bought by
Nora Matthews Hale Llc
Seller's Agent
Katherine Smith
Keller Williams Realty
Buyer's Agent
Katherine Smith
Keller Williams Realty
List Price
$245,000
Sold Price
$228,500
Premium/Discount to List
-$16,500
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Feb 1, 2011
Sold by
Gibson Frank N
Bought by
Gibson May E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Milligan-Reynolds Guaranty
Bought by
Gibson Frank N and Gibson May

Purchase Details

Closed on
Sep 4, 1996
Sold by
Parker Robert W Trustee
Bought by
Pritchard Bill and Pritchard Jane

Purchase Details

Closed on
May 20, 1993
Sold by
Carter William B M and Carter Wilka M
Bought by
Parker Robert W Trustee

Purchase Details

Closed on
Aug 15, 1972
Sold by
Maxwell A Smith
Bought by
Carter William B M and Carter Wilka M

Purchase Details

Closed on
Jan 1, 1972
Bought by
Maxwell A Smith

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Philip Chris John $530,000 --
Nora Matthews Hale Llc $239,217 --
Gibson May E -- --
Gibson Frank N -- --
Milligan-Reynolds Guaranty -- --
Gibson Frank N $172,000 --
Pritchard Bill $110,000 --
Parker Robert W Trustee $102,500 --
Carter William B M $18,000 --
Maxwell A Smith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson May E $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $530,000 -3.6% $204 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $550,000 +140.7% $212 / Sq Ft
10/30/2014 10/30/14 Sold $228,500 -6.7% $111 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $245,000 -- $120 / 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 $5,620 $181,993 $32,913 $149,080
2023 $5,421 $173,913 $32,913 $141,000
2022 $3,253 $123,580 $21,394 $102,186
2021 $2,818 $95,948 $21,394 $74,554
2020 $2,578 $84,020 $21,394 $62,626
2019 $2,579 $84,020 $21,394 $62,626
2018 $2,500 $84,020 $21,394 $62,626
2017 $2,500 $84,020 $21,394 $62,626
2016 $2,317 $84,020 $21,394 $62,626
2015 $1,926 $66,560 $28,540 $38,020
2014 $1,854 $66,560 $28,540 $38,020
2013 -- $66,560 $28,540 $38,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2634112

Realtracs

APN: 4004-016