S
Buyer's Agent in 2023
Susan Gilmore
Real Estate Partners Chattanooga, LLC
(423) 298-2308
2 in this area
117 Total Sales
43 Michigan Ln Unit Lot 3, Unit 1 Dunlap, TN 37327
Estimated Value: $217,000 - $245,000
3
Beds
2
Baths
1,500
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- No HOA
- 1 Car Attached Garage
- Walk-In Closet
- Covered Patio or Porch
- Covered Deck
- Cooling Available
About This Home
As of July 2023Welcome to Magnolia Flats, a brand new community of luxury townhomes. This is a stunning new construction that is sure to impress with its beautiful design and convenient location. Located just 7 minutes from downtown Dunlap, this community offers easy access to all of your shopping needs, restaurants, social activities, and more. Additionally, Walmart Supercenter is only 10 minutes away. As you arrive, you'll notice the great curb appeal of the property, complete with a large covered front porch. Upon entering, you'll be greeted by a spacious and inviting open floor plan, complete with 9-foot ceilings and luxury vinyl plank floors throughout. The kitchen is a chef's dream, featuring tons of cabinets, granite countertops, and an island with bar top seating on one side. Down the hall, you'll find two guest rooms and a stunning master retreat with a tray ceiling, full ensuite, and walk-in closet. Outback, you'll have a nice concrete grilling patio to enjoy, and each unit has its own yard. This particular unit features large side yards and a 9-foot 1 car garage, adding to the convenience and value of the property. The pictures simply don't do this property justice – you must see it in person to truly appreciate its beauty and attention to detail. This is a rare opportunity that won't last long, so be sure to schedule a private showing today. For investors, these townhomes can rent for $1550-1650/mo, making this a lucrative opportunity. Don't wait – this townhome is currently under construction with an estimated completion date of July 2023.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $151
Year Built
- Built in 2022
Lot Details
- 10,019 Sq Ft Lot
Parking
- 1 Car Attached Garage
Home Design
- Stone Siding
Interior Spaces
- 1,500 Sq Ft Home
- Property has 3 Levels
- Vinyl Flooring
- Property Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Outdoor Features
- Covered Deck
- Covered Patio or Porch
Schools
- Griffith Elementary School
- Sequatchie Co Middle School
- Sequatchie Co High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 054F A 00300 000
Community Details
Overview
- No Home Owners Association
- Chapman Subdivision
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2023
Sold by
Magnolia Flats Llc
Bought by
Covington Richard Edwin
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2023
Closed on
Jul 24, 2023
Sold by
Magnolia Flats Llc
Bought by
Roberts Zachary Andrew and Roberts Abigail Graham
Buyer's Agent
Susan Gilmore
Real Estate Partners Chattanooga, LLC
List Price
$199,000
Sold Price
$199,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$189,050
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2023
Sold by
Magnolia Flats Llc
Bought by
Owens Jeremy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,425
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2021
Sold by
Chapman Thomas L and Chapman Karen E
Bought by
Magnolia Flats Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 23, 2011
Sold by
T Chapman Construction Inc
Bought by
Chapman Thomas L and Wife Karen E
Purchase Details
Closed on
Aug 24, 2009
Bought by
T Chapman Construction Inc
Purchase Details
Closed on
Nov 17, 2005
Bought by
Englewood Property Holding Llc
Purchase Details
Closed on
Jun 30, 2003
Purchase Details
Closed on
May 28, 2002
Bought by
Wife Lofty W and Wife Hazel % Winborn B Willingham
Purchase Details
Closed on
Apr 9, 1991
Bought by
L M W Contractor Inc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Covington Richard Edwin | $200,000 | None Listed On Document | |
| Roberts Zachary Andrew | $199,000 | None Listed On Document | |
| Owens Jeremy | $189,900 | None Listed On Document | |
| Owens Jeremy | $189,900 | None Listed On Document | |
| Magnolia Flats Llc | $70,000 | None Available | |
| Chapman Thomas L | -- | -- | |
| T Chapman Construction Inc | -- | -- | |
| Englewood Property Holding Llc | $102,800 | -- | |
| -- | -- | -- | |
| Wife Lofty W | $50,000 | -- | |
| L M W Contractor Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Roberts Zachary Andrew | $189,050 | |
| Previous Owner | Owens Jeremy | $142,425 | |
| Previous Owner | Magnolia Flats Llc | $59,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $199,000 | 0.0% | $133 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | For Sale | $199,000 | -- | $133 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $151 | $52,500 | $2,500 | $50,000 |
| 2023 | $151 | $52,500 | $2,500 | $50,000 |
| 2022 | $76 | $2,275 | $2,275 | $0 |
| 2021 | $75 | $2,275 | $2,275 | $0 |
| 2020 | $75 | $2,275 | $2,275 | $0 |
| 2019 | $75 | $2,275 | $2,275 | $0 |
| 2018 | $74 | $2,275 | $2,275 | $0 |
| 2017 | $73 | $2,275 | $2,275 | $0 |
| 2016 | $75 | $2,275 | $2,275 | $0 |
| 2015 | $76 | $2,275 | $2,275 | $0 |
| 2014 | $76 | $2,275 | $2,275 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Gilmore
Map
Source: Realtracs
MLS Number: 2590108
APN: 054F-A-003.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 43 Michigan Ln
- 801 Tram Trail
- 341 Tram Trail
- 217 A Day Dream Dr
- 2000 Fredonia Rd
- 0 Fredonia Loop
- 453 Hill Cir
- 11342 Fredonia Rd
- 78 Mcdonough St
- 78 Mcdonough Rd
- 563 Old Union Rd
- 2 Boulder Dr
- 60 Juanita St
- 431 Harmon Dr S
- 324 Dell Trail
- 102 Hobbs Ridge Rd
- 48 Winning Gait Trail
- 14999 Rankin Ave
- 3 Fredonia Rd
- 1 Fredonia Rd
- 18 Michigan Ln Unit 3
- 18 Michigan Ln
- 18 Michigan Ln Unit 2
- 43 Michigan Ln Unit Lot 3, Unit 2
- 43 Michigan Ln Unit 4, Lot 3
- 43 Michigan Ln Unit 3, Lot 3
- 18 Michigan Ln Unit 8 / Lot 2
- 18 Michigan Ln Unit 5 / Lot 2
- 18 Michigan Ln Unit 7 / Lot 2
- 18 Michigan Ln Unit 6 / Lot 2
- 18 Michigan Ln Unit 8
- 18 Michigan Ln Unit 7
- 43 Michigan Ln Unit 2
- 43 Michigan Ln Unit 1
- 18 Michigan Ln Unit 6
- 1038 Sawmill Creek Rd
- 18 Michigan Ln Unit 5,6,7,8
- 18 Michigan Ln
- 27 Michigan Ln
- 18 Michigan Ln Unit 1