NOT LISTED FOR SALE

401 S Magnolia Ave Whitwell, TN 37397

Estimated Value: $287,000 - $689,000

2 Beds
1 Bath
1,498 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $415,000 $277 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,644/month

13 Days on Market

Highlights

  • Lake Front
  • 14 Acre Lot
  • No HOA
  • In Ground Pool
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of July 2021

Welcome home to 401 S. Magnolia Avenue, a beautiful 2 bedroom, 1 bathroom home with a great rocking chair front porch, set on 14 gorgeous acres right on the Sequatchie River. Step inside and you'll immediately notice that this home has been fully updated along with updated electrical and plumbing (completed in recent years). This home boasts like-new carpeting, airy neutral paint colors, custom interior shutters on many of the windows, as well as a cozy gas log fireplace in the living room. The family chef will love cooking in this updated kitchen with gas stove, abundant storage space within the cabinetry, large kitchen island with extra seating, as well as a convenient lower countertop which can be used as a kitchen desk area or extra eat-in seating. Enjoy meals and entertaining within your spacious open dining area, around the kitchen island, out in the four seasons sunroom, or enjoy barbeques and fresh air out on your back deck overlooking the pool area. You can do all of your living on the main level if you wish, but downstairs offers ample opportunities for storage, and another potential bedroom space. There is also an attached single-car garage found on this lower level. This home has so many great features including a heated in-ground pool with a slide, extendable diving board, as well as steps leading into the pool. You will also find plenty of space around the pool for lounging as well as an open-air pool house perfect for entertaining on hot summer days. Enjoy exploring this incredible property which includes ~1,000 feet of water frontage, perfect for fishing, canoeing, and paddle boarding! You'll feel like you're on permanent vacation at your own retreat which has the feeling of being far away from the hustle and bustle but is only a short 35 minute drive to the restaurants, shopping, and attractions of downtown Chattanooga.

Last Agent to Sell the Property

Sarah Brogdon

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232904416 License #324028 Listed on: 04/19/2021

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Joey Winslett

BHGRE Signature Brokers License #330003

BHGRE Signature Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1955

Lot Details

  • 14 Acre Lot
  • Lake Front
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet
  • Water Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Whitwell Elementary School
  • Whitwell Middle School
  • Whitwell High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050G A 00200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4232904416
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 1498
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Asphalt
  • View: Water, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Other, Wooded
  • Lot Size Acres: 14
  • Lot Size: 14 acres
  • Lot Size Units: Acres
  • Parcel #: 050G A 00200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1024

MLS Schools

  • Elementary School: Whitwell Elementary
  • High School: Whitwell High School
  • Middle Or Junior School: Whitwell Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 16, 2021
Sold by
Hooper Willie Jo
Bought by
Hudson Ginger L and Hudson David V
Seller's Agent
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Joey Winslett
BHGRE Signature Brokers
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Current Estimated Value
$451,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,335
Avg. Annual Appreciation
-2.86%
Original Mortgage
$394,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1967
Bought by
Hooper J Norwood

Purchase Details

Closed on
Jan 10, 1964
Source: Public Records

Range of Values:

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Average Value
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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
Hudson Ginger L $415,000 Ntc
Hudson Ginger L $415,000 New Title Company Name
Hooper J Norwood -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Ginger L $394,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $415,000 -7.8% $277 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $450,000 -- $300 / 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 $3,008 $91,400 $12,250 $79,150
2023 $3,008 $91,400 $0 $0
2022 $1,753 $67,450 $12,250 $55,200
2021 $546 $67,450 $12,250 $55,200
2020 $1,023 $45,700 $9,800 $35,900
2019 $1,023 $32,200 $8,225 $23,975
2018 $895 $32,200 $8,225 $23,975
2017 $895 $32,200 $8,225 $23,975
2016 $891 $32,200 $0 $0
2015 $955 $32,200 $0 $0
2014 $955 $34,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2417069

Realtracs

APN: 050G-A-002.00