Seller's Agent in 2021
Ryan May
Real Estate Partners Chattanooga LLC
(423) 667-5922
14 in this area
696 Total Sales
5045 Signal Mill Ln Signal Mountain, TN 37377
Estimated Value: $662,000 - $856,000
4
Beds
3.5
Baths
3,096
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- New Construction
- Open Floorplan
- Wood Flooring
- Nolan Elementary School Rated A-
- Deck
- Main Floor Primary Bedroom
About This Home
As of March 2021The Witten is the newest model in Signal Farms, designed with the growing family in mind. With 4 bedrooms, 3 ½ bathrooms, a flex space and a bonus space, this easy to enjoy and easy to maintain farmhouse style home is easily the best value on Signal Mountain. Downstairs you will find a master bedroom suite, smartly situated near the laundry room, mudroom and powder room. The covered front patio and covered back porch foster outdoor living and the sense of community in this neighborhood. Gas lanterns bejewel the home, further showcasing this chic, fresh design. Each home is exquisitely built with impeccable care and attention to detail, with the underlying goal of creating homes that are equally as beautiful as they are functional. All homes offer oversized lots ranging from half an acre to over an acre. This small community of 26 homes will only have one phase of building. In 20 minutes residents can get to downtown Chattanooga, and just as easily in 20 minutes can be on the other side of town to Target and the conveniences of Hixson. Signal Farms is zoned for award winning Signal Mountain schools and lower taxes. Live in comfort knowing that this home, like all homes in Signal Farms, is exclusively built by Chattanooga's Builder of the Year. Call today to start the fun and easy process of buying your dream home in Signal Farms.
Last Agent to Sell the Property
Real Estate Partners Chattanooga LLC License #298465 Listed on: 08/07/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,425
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.91 Acre Lot
- Level Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,096 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Vinyl Clad Windows
- Living Room with Fireplace
- Formal Dining Room
- Basement
- Crawl Space
- Fire and Smoke Detector
- Washer and Gas Dryer Hookup
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
- Separate Shower
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Nolan Elementary School
- Signal Mountain Middle School
- Signal Mtn High School
Farming
- Bureau of Land Management Grazing Rights
Utilities
- Multiple cooling system units
- Underground Utilities
- Septic Tank
- Phone Available
- Cable TV Available
Community Details
- Signal Farms Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2020
Closed on
Mar 19, 2021
Sold by
Rp Homes Llc
Bought by
Mckinley Paul Douglas and Mckinley Barbara Ann
Seller's Agent
Ryan May
Real Estate Partners Chattanooga LLC
Buyer's Agent
Teresa Groves
Real Estate Partners Chattanooga LLC
List Price
$499,700
Sold Price
$423,240
Premium/Discount to List
-$76,460
-15.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,047
Avg. Annual Appreciation
13.86%
Original Mortgage
$338,592
Outstanding Balance
$304,900
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$457,997
Purchase Details
Closed on
Sep 15, 2020
Sold by
Taft Highway Development Llc
Bought by
Rp Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
2.9%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Mckinley Paul Douglas | $423,239 | Title Guaranty & Trust Co | |
| Rp Homes Llc | $160,000 | Title Guaranty And Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckinley Paul Douglas | $338,592 | |
| Previous Owner | Rp Homes Llc | $888,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $423,240 | -15.3% | $137 / Sq Ft |
| 08/07/2020 08/07/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $499,700 | -- | $161 / Sq Ft |
Source: Greater Chattanooga REALTORS®
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 | $2,425 | $108,375 | $0 | $0 |
| 2023 | $2,434 | $108,375 | $0 | $0 |
| 2022 | $2,434 | $108,375 | $0 | $0 |
| 2021 | $1,584 | $70,375 | $0 | $0 |
| 2020 | $553 | $20,000 | $0 | $0 |
| 2019 | $553 | $20,000 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan May
-
Teresa Groves
Buyer's Agent in 2021
Teresa Groves
Real Estate Partners Chattanooga LLC
(423) 364-1834
5 in this area
90 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1308300
APN: 079L-B-003
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