NOT LISTED FOR SALE

Estimated Value: $1,623,000 - $2,054,000

4 Beds
3.5 Baths
3,960 Sq Ft
$481/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,342,208 $339 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,747/month

29 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wooded Lot
  • Fairyland Elementary School Rated A-
  • Deck
  • Tennis Courts

About This Home

As of April 2021

Welcome to McLemore, a private mountaintop community atop the highlands of Lookout Mountain, Georgia, overlooking historic McLemore Cove and Pigeon Mountain! Surrounded on all sides by state and national parks, historic land districts and private land trusts, this gated residential community features an 18-hole Rees Jones and Bill Bergin championship course, golf shop, driving range, six-hole short course, new $12 million clubhouse, walking and biking trails, captivating panoramic views from numerous points of interest, a covered pavilion and planned hotel and conference center. Just beyond the boundaries of McLemore are numerous hiking and mountain biking trails, bouldering and rock climbing, scenic waterfalls and botanical preserves making McLemore a top choice for both golf and outdoor enthusiasts. This exquisite, fully furnished Arthur Rutenberg model home is available for sale with leaseback. Designed to take in the breathtaking outdoor scenery, the HIGHLAND is one of AR Homes most popular home plans. Known for their attention to detail, generous floor plans and luxury finishes, AR Homes is the featured builder for McLemore. Thoughtfully positioned on a premium homesite in McLemore's Eden Ridge enclave, the HIGHLAND blends seamlessly with the natural landscape and has scenic winter views overlooking the Canyon Holes. The exterior features real stone, cedar accents and Hardiplank siding. The welcoming 2 story Entry Foyer sets the stage for an open, yet warm and inviting floor plan featuring 10 and 11 foot ceilings throughout the main level with unique ceiling features in each room. The Gourmet Kitchen with 10 foot island and enormous hidden pantry is bordered by the Morning Room and overlooks the Great Room with beautiful natural stone fireplace, richly finished 11 foot wood paneled ceilings and exposed beams. A multi-slide exterior door system seamlessly transforms the Great Room into an open air living and entertaining space.

Last Agent to Sell the Property

Becky Cope English

The Agency Chattanooga Brokerage Phone: 4233646298 License #277820 Listed on: 01/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $327

Year Built

  • Built in 2019

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 110 x 311
  • Level Lot
  • Wooded Lot

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,960 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 0224 112

Community Details

Overview

  • Mclemore Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$327

Year Built

Built in 2019

Lot Details

0

HOA Fees

$490 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: 4233646298
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer, Open Floorplan, Walk-In Closet(s), Wet Bar, Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Microwave, Dryer, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 3960
  • Living Area Units: Square Feet
  • Other Equipment: Dehumidifier
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Gas Grill
  • Construction Type: Fiber Cement, Stone, Other, Brick
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side
  • Total Parking Spaces: 3

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 490
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Golf Course, Tennis Court(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Water Heater, Windows

Lot Info

  • Lot Features: Level, Wooded, Other
  • Lot Size Acres: 0.77
  • Lot Size: 110 x 311
  • Lot Size Units: Acres
  • Parcel #: 0224 112
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 327

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
Jan 29, 2021
Closed on
Apr 16, 2021
Sold by
Mclemore Holdings Llc
Bought by
Salem George and Salem Melaine
Seller's Agent
Becky Cope English
The Agency Chattanooga
List Price
$1,440,000
Sold Price
$1,342,208
Premium/Discount to List
-$97,792
-6.79%
Current Estimated Value
$1,905,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,711
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,006,660
Outstanding Balance
$907,363
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$998,556

Purchase Details

Closed on
May 17, 2018
Sold by
Scenic Land Georgia Holdin
Bought by
Mclemore Holdings Llc

Purchase Details

Closed on
Oct 3, 2017
Sold by
Not Provided
Bought by
Scenic Land Georgia Holdings L

Purchase Details

Closed on
Feb 7, 2013
Sold by
Redus Atlanta Subdivisions
Bought by
Lookout Links Properties Llc

Purchase Details

Closed on
Mar 28, 2000
Bought by
Tauqueta Development Llc
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
Salem George $1,342,208 --
Mclemore Holdings Llc -- --
Scenic Land Georgia Holdings L $4,000,000 --
Lookout Links Properties Llc $1,125,000 --
Tauqueta Development Llc $155,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem George $1,006,660
Closed Salem George B $1,006,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $1,342,208 -6.8% $339 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,440,000 -- $364 / 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 $10,461 $488,119 $100,000 $388,119
2023 $10,252 $468,441 $100,000 $368,441
2022 $6,262 $252,727 $12,000 $240,727
2021 $5,838 $211,802 $12,000 $199,802
2020 $4,736 $162,800 $12,000 $150,800
2019 $327 $12,000 $12,000 $0
2018 $318 $12,000 $12,000 $0
2017 $360 $12,000 $12,000 $0
2016 $250 $12,000 $12,000 $0
2015 $150 $5,756 $5,756 $0
2014 $92 $20,000 $20,000 $0
2013 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2886847

Realtracs

APN: 0224-112