$467,500
SOLD JUN 16, 2025

5059 Wellesley Dr Ooltewah, TN 37363

4 Beds
3.5 Baths
2,856 Sq Ft
379,494,720 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

6% Below List Price

54 Days on Market

Highlights

  • Media Room
  • Open Floorplan
  • Deck
  • New Construction
  • Clubhouse
  • Contemporary Architecture

About This Home

As of June 2025

ONE OF ONLY 5 REMAINING NEW HOMES with Recent PRICE IMPROVEMENTS in WELLESLEY! Lowest prices are the current incentive! No other offers or previous incentives apply.

The Hampton ''E'' Floor Plan gives you 2,856 square feet of home that is PERFECT for entertaining. The spacious kitchen is finished with granite countertops, stainless steel appliances and a large kitchen island. A favorite feature of this home is the fabulous guest spaces with Bedroom on the main level with ensuite FULL bathroom PLUS an additional powder room on the main floor. Convenience when there is a full house and privacy for your guests. Upstairs you can relax in the loft or unwind in the large Owner's suite. This Owner's bath is a MUST SEE with ample space, separate vanities, large tiled Shower with Niche and Seat and a walk-in closet with room for ALL your clothes and shoes. Two additional upstairs bedrooms BOTH with walk-in closets and they share a hall bath with dual sinks.

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

Last Agent to Sell the Property

Charlene Bickford

Trust Real Estate Group, LLC License #331305 Listed on: 02/27/2025

Last Buyer's Agent

Varma Vegesna

Zach Taylor - Chattanooga License #377135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 13,677 Sq Ft Lot
  • Lot Dimensions are 66.02x119.68x137.44x183.26
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • 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
  • Media Room
  • 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
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Double Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

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 L 021

Community Details

Overview

  • $500 Initiation Fee
  • Built by Trust Homes LLC
  • Wellesley Sub Unit 3 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,835

Year Built

Built in 2023 | New Construction

Lot Details

0.31 Acres

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 66.02x119.68x137.44x183.26
  • 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 AT THE TOP OF THE HILL WILL TAKE YOU TO LOT 197 ON YOUR RIGHT.
  • Above Grade Finished Sq Ft: 2856.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2856.0
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: Free Standing Building
  • Year Built: 2023
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 140n L 021
  • 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:Tax Annual Amount: 2835.27
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 2856.0
  • 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: 0.2
  • 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
  • Remarks and Miscellaneous Public Remarks2: ONE OF ONLY 5 REMAINING NEW HOMES with Recent PRICE IMPROVEMENTS in WELLESLEY! Lowest prices are the current incentive! No other offers or previous incentives apply. The Hampton ''E'' Floor Plan gives you 2,856 square feet of home that is PERFECT for entertaining. The spacious kitchen is finished with granite countertops, stainless steel appliances and a large kitchen island. A favorite feature of this home is the fabulous guest spaces with Bedroom on the main level with ensuite FULL bathroom PLUS an additional powder room on the main floor. Convenience when there is a full house and privacy for your guests. Upstairs you can relax in the loft or unwind in the large Owner's suite. This Owner's bath is a MUST SEE with ample space, separate vanities, large tiled Shower with Niche and Seat and a walk-in closet with room for ALL your clothes and shoes. Two additional upstairs bedrooms BOTH with walk-in closets and they share a hall bath with dual sinks. The Broker for Trust Homes has a personal interest in the sale of this home.
  • 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
  • Sewer:Public Sewer: Yes
  • Roof Asphalt5: Yes
  • Room Types Bedroom Level: Second
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Contemporary: Yes
  • Room Types Primary Bedroom Level: Second
  • 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
  • General Property Information Stories2: 2
  • Patio And Porch Features Porch - Covered: Yes
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: First
  • Room Types Family Room: Yes
  • Room Types Family Room Level: First
  • Interior Features Breakfast Nook: Yes
  • Parking Features Kitchen Level2: Yes
  • Flooring Engineered Hardwood: Yes
  • Room Types Other Room: Yes
  • General Property Information Builder Name: Trust Homes LLC
  • Interior Features Double Shower: Yes
  • Additional Association Fees Initiation Fee Amount: 500.0
  • Room Types Media Room: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Microwave, Gas Water Heater, Free-Standing Gas Range, Disposal, Dishwasher
  • 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
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Clubhouse: 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
  • Exterior Features: 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: 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: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
  • Sewer: Public Sewer
  • 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 L 021

Tax Info

  • Tax Annual Amount: 2835.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Jun 16, 2025
Sold by
Trust Homes United Llc
Bought by
Abraham Moni and Abraham Beril
Seller's Agent
Charlene Bickford
Trust Real Estate Group, LLC
Buyer's Agent
Varma Vegesna
Zach Taylor - Chattanooga
List Price
$498,136
Sold Price
$467,500
Premium/Discount to List
-$30,636
-6.15%
Views
33
Current Estimated Value
$484,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,670
Avg. Annual Appreciation
4.99%
Original Mortgage
$374,000
Outstanding Balance
$372,704
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$111,466

Purchase Details

Closed on
Sep 8, 2023
Sold by
Smith Aaron
Bought by
Trust Homes United Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,800
Interest Rate
6.81%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $467,500 Hon & Kopet Title
Special Warranty Deed $467,500 Hon & Kopet Title
Warranty Deed $195,000 Guaranty Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,000 New Conventional
Closed $374,000 New Conventional
Previous Owner $392,800 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Sold $467,500 -2.6% $164 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $479,900 -3.7% $168 / Sq Ft
02/27/2025 02/27/25 For Sale $498,136 -- $174 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $1,976 $130,350 $0 $0
2024 $1,670 $74,625 $0 $0
2023 $568 $15,000 $0 $0
2022 $544 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1508147

Greater Chattanooga REALTORS®

APN: 140N-L-021

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