NOT LISTED FOR SALE

505 Carolina Ave Signal Mountain, TN 37377

Estimated Value: $664,000 - $776,000

4 Beds
3.5 Baths
2,824 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $342,500 $121 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,952/month

16 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • Thrasher Elementary School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of June 2015

This wonderful home is now available in Old Town on Signal Mountain. Zoned for award winning school districts Thrasher Elementary and Signal Mountain Middle and High. This home features 4 bedrooms, 3 full bathrooms, 1 half bath, 2,824 (+/-) sqft, double attached garage and a nice sized level lot. From the front door you walk into the living room with hardwood flooring and a brick wood burning fireplace. There are several windows that bring in the natural light and french doors that lead out to a screened in back porch. There is a half bathroom and coat closet. Off to the left is a good sized kitchen with an abundance of cabinet space, under cabinet lighting, granite countertops, an island, pantry, double sink and tile flooring. The appliances are Frigidaire stainless steel refrigerator, di shwasher and electric range. Combined with the kitchen is the dining area. Off from the kitchen is the double garage and a laundry room with sink and tile flooring. On the main level you have a cozy additional den/family room with hardwood flooring, cathedral ceiling and a second wood-burning fireplace with built in bookcase. Behind the bookcase is a secret closet! The den also has a bay window with window seating that overlooks the backyard. There are french doors that lead out to the back deck and a second staircase that goes to the second level. On the second level you have the master bedroom and bathroom. The master bathroom has a jetted tub, standing shower and double vanities with granite countertops and tile flooring. There are three additional bedrooms. The back bedroom off from the loft area has a private full bathroom. The other two additional bedrooms share a full bathroom from the hallway. Both full bathrooms have a tub/shower combo and single vanity. The loft area has several windows, hardwood flooring, a built in bookcase and a small utility or storage room. This home offers a covered rocking chair front porch, a back deck and screened in back porch. The backyard is partially fenced and has a play-set, storage shed, sandbox and even the trampoline can stay if wanted. This home has so much to offer and room to grow.

Last Agent to Sell the Property

Carrie Gallant

Real Estate Partners Chattanooga LLC License #00289508 Listed on: 03/19/2015

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Barry Hamilton

Berkshire Hathaway HomeServices Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 100 x 150
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Den with Fireplace
  • Loft
  • Screened Porch
  • Utility Room
  • Basement
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Thrasher Elementary School
  • Signal Mountain Middle School
  • Signal Mtn High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olde Towne Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 107k F 011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,951

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 X 150
  • Subdivision Name: Olde Towne
  • Directions: Take Hwy 127 up Signal Mountain, take the first left onto Signal Mountain Blvd. Continue onto Signal Mountain Blvd then left on Texas Avenue, bear right on Tennessee, then left on Carolina Avenue.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2824.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1977
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 107k F 011
  • Location Tax and Legal Elementary School: Thrasher Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Signal Mtn
  • Location Tax and Legal:Tax Annual Amount: 2951.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 100 X 150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Fencing Fenced: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Water Heater, Free-Standing Electric Range, Disposal, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Separate Shower, Tub/shower Combo, Whirlpool Tub
  • Window Features: Insulated Windows, Skylight(s), Wood Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Other
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 107k F 011

Tax Info

  • Tax Annual Amount: 2951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 2, 2015
Sold by
Gallant Thomas G
Bought by
Arnold Prairie A and Arnold Jennifer R
Seller's Agent
Carrie Gallant
Real Estate Partners Chattanooga LLC
Buyer's Agent
Barry Hamilton
Berkshire Hathaway HomeServices Realty Center
List Price
$362,500
Sold Price
$342,500
Premium/Discount to List
-$20,000
-5.52%
Current Estimated Value
$714,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,562
Avg. Annual Appreciation
7.33%
Original Mortgage
$255,000
Outstanding Balance
$197,645
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$516,417

Purchase Details

Closed on
Nov 10, 2001
Sold by
Ness David F and Krier Deann
Bought by
Gallant Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,550
Interest Rate
6.57%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Alexander Perry Crag and Harris Harriet
Bought by
Ness David F and Krier Deann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.2%
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
Arnold Prairie A $342,500 Pioneer Title Agency Inc
Gallant Thomas G $189,500 Pioneer Title Agency Inc
Ness David F $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Prairie A $255,000
Previous Owner Gallant Thomas G $170,550
Previous Owner Ness David F $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2015 06/02/15 Sold $342,500 -5.5% $121 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $362,500 -- $128 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,993 $89,100 $0 $0
2023 $1,993 $89,100 $0 $0
2022 $1,993 $89,100 $0 $0
2021 $1,993 $89,100 $0 $0
2020 $2,431 $87,900 $0 $0
2019 $2,431 $87,900 $0 $0
2018 $2,431 $87,900 $0 $0
2017 $2,431 $87,900 $0 $0
2016 $1,883 $0 $0 $0
2015 $1,883 $68,100 $0 $0
2014 $1,883 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1224538

Greater Chattanooga REALTORS®

APN: 107K-F-011