NOT LISTED FOR SALE

5056 Wellesley Dr Collegedale, TN 37363

Collegedale Neighborhood

Estimated Value: $524,000 - $568,330

4 Beds
3.5 Baths
2,856 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $576,000 $202 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,239/month

37 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Deck
  • New Construction
  • Clubhouse
  • Contemporary Architecture

About This Home

As of May 2024

Trust Homes SPECtacular PROMO event, BUYER INCENTIVES on Lot 194 (5056 Wellesley Dr.): Buyer gets a choice of ONE of the following packages: 1) Refrigerator, Washer, Dryer, Screened Porch AND $10,000 towards closings costs using a PREFERRED LENDER. OR 2) 6 Ft Privacy Fence w/ a 5 Ft Gate (Up to 140 Total Feet) AND $10,000 towards closing Costs using a PREFERRED LENDER. OR 3) $15,000 TOTAL to be used for Closing Costs, Rate Buydown or a Combination of both, using a PREFERRED LENDER.

Hampton E Floor Plan, this home is perfect for the whole family, it comes complete with a gourmet kitchen finished with granite countertops and stainless steel appliances and a large kitchen island. Upstairs you can relax in the loft area or simply unwind in the large master suite.

The Broker for Trust Homes has a personal interest in the sale of this home.

Last Agent to Sell the Property

Matt McClain

Trust Real Estate Group, LLC License #332092 Listed on: 02/25/2024

Co-Listed By

Bert Bearden

Trust Real Estate Group, LLC License #tn346913

Last Buyer's Agent

Justin Tate

Real Estate Partners Chattanooga LLC License #335702

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 66.02x119.68x137.44x183.26
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Front
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sound System
  • High Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Double Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Wolftever Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 140n D 062

Community Details

Overview

  • Built by Trust Homes LLC
  • Wellesley Sub Unit 3 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,564

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 66.02x119.68x137.44x183.26
  • Co List Office Mls Id: 17094
  • Co List Office Phone: 678-578-5980
  • Subdivision Name: Wellesley Sub Unit 3
  • Directions: FROM CHATTANOOGA TAKE I-75 N TO THE BONNY OAKS EXIT THEN RIGHT ON TO JENKINS ROAD. TAKE A LEFT ON TO STANDIFER GAP THEN LEFT ON TO BILL REED. WELLESLEY WILL BE ON YOUR LEFT. FOLLOW WELLESLEY DRIVE WELL INTO THE COMMUNITY TO THE NEW PHASE, THE 2ND TO LAST LEFT TURN WILL TAKE YOU TO LOT 194 ON YOUR LEFT.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2856.0
  • New Construction: Yes
  • Efficiency: Appliances, HVAC, Thermostat, Water Heater
  • Structure Type: Free Standing Building
  • Year Built: 2023
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 140n D 062
  • Location Tax and Legal Elementary School: Wolftever Elementary
  • Location Tax and Legal Middle Or Junior School2: Ooltewah Middle
  • Location Tax and Legal High School: Ooltewah
  • 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: Yes
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13677.0
  • General Property Information Lot Size Dimensions: 66.02x119.68x137.44x183.26
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: 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
  • Roof Asphalt5: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Contemporary: Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Breakfast Nook: Yes
  • Parking Features Kitchen Level2: Yes
  • Flooring Engineered Hardwood: Yes
  • General Property Information Builder Name: Trust Homes LLC
  • Interior Features Double Shower: Yes
  • Brick and Stone Features 14 Brick: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Microwave, Gas Water Heater, Free-Standing Gas Range, Disposal, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Other
  • Interior Amenities: Breakfast Nook, Double Shower, Eat-in Kitchen, En Suite, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Pantry, Separate Dining Room, Separate Shower, Sound System, Walk-In Closet(s)
  • Window Features: Insulated Windows, Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Clubhouse: Yes
  • Basement:None3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Pool Features:Community: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • Pool Features: Community
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Builder Name: Trust Homes LLC
  • Construction Type: Brick, Fiber Cement, Shingle Siding, Other
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Asphalt, Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener, Garage Faces Front, Kitchen Level
  • 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
  • Parking Features:Basement: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Sidewalks
  • Senior Community: No
  • Association Fee: 550.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 550.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Wolftever Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Ooltewah Middle

Lot Info

  • Lot Size Sq Ft: 13677.0
  • Additional Parcels: No
  • Parcel #: 140n D 062
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Energy Efficient:Water Heater: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
May 2, 2024
Sold by
Trust Homes United Llc
Bought by
Martin Robert L and Martin Harmony A
Seller's Agent
Matt McClain
Trust Real Estate Group, LLC
Buyer's Agent
Justin Tate
Real Estate Partners Chattanooga LLC
List Price
$569,208
Sold Price
$576,000
Premium/Discount to List
$6,792
1.19%
Views
36
Current Estimated Value
$547,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,167
Avg. Annual Appreciation
-0.97%
Original Mortgage
$517,750
Outstanding Balance
$510,846
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$57,770
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
Martin Robert L $574,872 Hon & Kopet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert L $517,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $576,000 -0.9% $202 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $581,480 +2.2% $204 / Sq Ft
02/25/2024 02/25/24 For Sale $569,208 -- $199 / 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 $2,564 $114,600 $0 $0
2023 $568 $15,000 $0 $0
2022 $544 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt McClain

    Trust Real Estate Group, LLC

    (423) 664-3166

    42 in this area

    195 Total Sales

    Matt McClain
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Bert Bearden

    Trust Real Estate Group, LLC

    (770) 789-1646

    38 in this area

    173 Total Sales

    Bert Bearden
    Section Image
  • Justin Tate

    Buyer's Agent in 2024

    Justin Tate

    Real Estate Partners Chattanooga LLC

    (423) 827-4915

    9 in this area

    323 Total Sales

    Justin Tate
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1387438

Greater Chattanooga REALTORS®

APN: 140N-D-062

Tennessee Hamilton County Collegedale 37363 Collegedale

5056 Wellesley Dr, Collegedale, TN

This home is located at 5056 Wellesley Dr, Collegedale, TN 37363 since 25 February 2024 and is currently estimated at $547,833, approximately $191 per square foot. This property was built in 2023. 5056 Wellesley Dr is a home located in Hamilton County with nearby schools including Wolftever Creek Elementary School, Ooltewah Middle School, and Ooltewah High School.

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