NOT LISTED FOR SALE

502 Fern Trail Signal Mountain, TN 37377

Estimated Value: $988,000 - $1,078,000

4 Beds
3.5 Baths
4,502 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $860,000 $191 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,891/month

48 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wooded Lot
  • Thrasher Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2022

Welcome home to 502 Fern Trail, a unique Tudor style four bedroom Signal Mtn home. This home offers three exceptional living areas plus a screened porch and decks that make for comfortable family gatherings or easy entertaining. The hardwood entry foyer leads in to the dining room and a living room with a wood burning fireplace. A wall of windows leads out to a cheerful deck overlooking a tree filled backyard. Stepping down from the living room is the handsome cathedral ceiling library with ample room for books. An updated kitchen features two ovens, a Thermador gas cooktop, microwave, and a Viking refrigerator. A vaulted ceiling breakfast room has lots of windows, and a convenient wet bar with ice maker is just steps away. A large family room with a floor-to-ceiling stone fireplace sits just off the breakfast room leading to a screened porch and a second deck. The master bedroom suite has an updated bath with a large walk-in shower. Three additional bedrooms are on this level plus the laundry room and loft area featuring a skylight and stairs leading down to the family room. A large (670 sqft) rec room, a landing, and a full bath are on the lower level. An unheated 233 sqft shop is also on this floor. Doors from the rec room lead out to a walking bridge across Shoal Creek to a small playhouse. This home has been well maintained by current owners.

Last Agent to Sell the Property

Sue Shaw

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4234213919 License #236429 Listed on: 06/16/2022

Real Estate Partners Chattanooga, LLC

Co-Listed By

Samantha Shaw

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4234213919 License #346621

Last Buyer's Agent

Kathy Boehm

Real Estate Partners Chattanooga, LLC License #294642

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 1981

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 155 x 211
  • Level Lot
  • Irrigation
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Wood Burning Fireplace
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle/High School

Utilities

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

Community Details

  • No Home Owners Association
  • Palisades Glen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108G D 012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,602

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1981
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4234213919
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Entry Foyer, High Ceilings, Walk-In Closet(s), Wet Bar
  • Appliances: Refrigerator, Microwave, Ice Maker, Disposal, Dishwasher
  • Fireplace Features: Living Room, Den, Gas, Wood Burning, Great Room, Family Room
  • Fireplace: Yes
  • Fireplaces: 3
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 3832
  • Below Grade Sq Ft: 670
  • Building Area Units: Square Feet
  • Living Area: 4502
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener, Irrigation System
  • Construction Type: Stone, Stucco, Brick, Other
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

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

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

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Sloped, Wooded, Other
  • Lot Size Acres: 0.75
  • Lot Size: 155 X 211
  • Lot Size Units: Acres
  • Parcel #: 108G D 012
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 6602

MLS Schools

  • Elementary School: Thrasher Elementary School
  • High School: Signal Mountain Middle/High School
  • Middle Or Junior School: Signal Mountain Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 26, 2022
Sold by
Twiest and Mary
Bought by
Wade John Davis and Wade Rebecca Jewell
Seller's Agent
Sue Shaw
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Kathy Boehm
Real Estate Partners Chattanooga, LLC
List Price
$925,000
Sold Price
$860,000
Premium/Discount to List
-$65,000
-7.03%
Current Estimated Value
$1,047,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,361
Avg. Annual Appreciation
7.37%
Original Mortgage
$444,000
Outstanding Balance
$387,862
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$683,498

Purchase Details

Closed on
Nov 23, 2011
Sold by
Twiest Mary
Bought by
Twiest Melvin and Twiest Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,988
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Twiest Melvin Wayne
Bought by
Twiest Mary Ann

Purchase Details

Closed on
May 9, 2002
Sold by
Twiest Melvin Wayne and Twiest Mary Ann
Bought by
Twiest Mary Ann and Twiest Melvin Wayne

Purchase Details

Closed on
Oct 30, 2001
Sold by
Twiest Melvin Wayne and Twiest Mary Ann
Bought by
Twiest Melvin Wayne and Twiest Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2001
Sold by
Huntzinger Glenda W
Bought by
Twiest Melvin Wayne and Twiest Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wade John Davis $860,000 First Choice Title
Twiest Melvin -- Saddle Creek Title Llc
Twiest Mary Ann -- None Available
Twiest Mary Ann -- --
Twiest Melvin Wayne -- --
Twiest Melvin Wayne $445,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade John Davis $444,000
Previous Owner Twiest Melvin $232,988
Previous Owner Twiest Melvin Wayne $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $860,000 -7.0% $191 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $925,000 -- $205 / 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 $4,058 $181,375 $0 $0
2023 $4,058 $181,375 $0 $0
2022 $3,750 $167,625 $0 $0
2021 $3,750 $167,625 $0 $0
2020 $4,514 $163,225 $0 $0
2019 $4,514 $163,225 $0 $0
2018 $4,514 $163,225 $0 $0
2017 $4,514 $163,225 $0 $0
2016 $4,019 $0 $0 $0
2015 $4,019 $145,325 $0 $0
2014 $4,019 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2718033

Realtracs

APN: 108G-D-012