NOT LISTED FOR SALE

Estimated Value: $602,000 - $903,000

2 Beds
2.5 Baths
1,978 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $450,000 $228 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,873/month

276 Days on Market

Highlights

  • 12.1 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Wooded Lot
  • No HOA
  • Covered Deck

About This Home

As of July 2018

Tucked away at the bottom of Signal Mountain, a mere six minutes from downtown, this 17-acre property is a private luxury retreat. A modern farmhouse design, it beautifully combines the architectural elements of the industrial farmhouse and lodge design movement. Two bedrooms/2.5 baths with a loft, the home has a full basement for easy expansion. A classic seamed dark green metal roof, Hardie shingle and lateral siding, stacked stone and hewn timbers create a home that is both charming and requires minimal maintenance. Two Properties convey with this sale. Home is on 5.1 acres and another lot of 12 acres. The open living space is anchored by a two story stacked-stone wood burning fireplace with a simple modern timber mantel. The loft ceiling is defined by heavy timbered beams and this extends to the loft area and bedrooms. The kitchen has custom cabinets, granite countertops, and a tile backsplash. With modern industrial lighting and a tongue and groove ceiling - it flows into the open design making it ideal for casual gatherings and entertaining. The master suite has a spacious bath with granite vanity and large tiled shower. Surrounded by old growth trees, a porch spans the entire length of the home with both covered and open areas. Location, privacy, luxury and its design make this home a unique and desirable living opportunity.

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 09/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 2007

Lot Details

  • 12.1 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 1,978 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fire and Smoke Detector
  • Property Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Air Filtration System
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117B B 009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,442

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4236675922
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s), Air Filter, Primary Bedroom Main Floor
  • Appliances: Trash Compactor, Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace Features: Wood Burning, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 1978
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Metal
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • 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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 12.1
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 117B B 009
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3442

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jul 30, 2018
Sold by
Davis Gary A
Bought by
Wenz Paul F and Wenz Nels Sarah
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Current Estimated Value
$699,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,999
Avg. Annual Appreciation
6.35%
Original Mortgage
$360,000
Outstanding Balance
$267,348
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$432,651

Purchase Details

Closed on
Dec 29, 2014
Sold by
Lavin Patrick F and Hurayt Rosemary A
Bought by
Davis Gary A

Purchase Details

Closed on
Dec 2, 2014
Sold by
Lavin Patrick F and Hurayt Rosemary A
Bought by
Bean Russell and Estate Of Eloise Elizabeth Nas

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mountain City Land Co Inc
Bought by
Lavin Patrick F and Hurayt Rosemary A

Purchase Details

Closed on
Aug 6, 2002
Sold by
Anderson Marjorie C and Conroy Margaret C
Bought by
Mountain City Land Company

Purchase Details

Closed on
Jul 24, 2002
Sold by
Anderson Marjorie C and Caldwell James L
Bought by
Anderson Marjorie C and Conroy Margaret C
Source: Public Records

Range of Values:

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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
Wenz Paul F $450,000 First Choice Title
Davis Gary A $480,000 First Choice Title Inc
Bean Russell $975,000 Pioneer Title Agency Inc
Lavin Patrick F $44,500 --
Mountain City Land Company -- --
Anderson Marjorie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenz Paul F $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $450,000 -18.0% $228 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $549,000 -- $278 / 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 $1,944 $86,875 $0 $0
2023 $1,944 $86,875 $0 $0
2022 $1,944 $86,875 $0 $0
2021 $1,944 $86,875 $0 $0
2020 $2,009 $72,650 $0 $0
2019 $2,009 $72,650 $0 $0
2018 $1,781 $72,650 $0 $0
2017 $2,009 $72,650 $0 $0
2016 $1,876 $0 $0 $0
2015 $3,557 $67,825 $0 $0
2014 $3,610 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2419537

Realtracs

APN: 117B-B-009