NOT LISTED FOR SALE

507 Spring Valley Ln Chattanooga, TN 37415

Mountain Creek Neighborhood

Estimated Value: $421,000 - $443,000

4 Beds
3 Baths
2,149 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2023

Last sale price $400,000 $186 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,499 / mo

19 Days on Market

Highlights

  • 0.61 Acre Lot
  • Main Floor Primary Bedroom
  • Porch
  • Wood Flooring
  • Separate Formal Living Room
  • Community Playground

About This Home

As of March 2023

Welcome to 507 Spring Valley Lane! This 4 bedroom, 3 bathroom home is nestled on a cul-de-sac on an established street. Spring Valley community provides year round views of Signal Mountain, walkability, pool, and an entrenched neighborhood atmosphere for fellowship and friendship. Walk to middle and high school! Conveniently located to US-27 and Downtown Chattanooga, this home has been lovingly-maintained by one owner for the last two decades. Home boasts hardwood floors, separate dining room, eat-in kitchen, and MORE! Finished basement was designed with entertaining in mind: complete with a bar area, living room with commanding brick fireplace, bathroom, bedroom, and large sunroom with a hot tub. 2-car garage provides additional storage. Enjoy the neighborhood pavilion for gatherings, picnics, and optional community pool membership available. CONVENIENTLY LOCATED just 4 minutes to US 27, 5 minute drive to Red Bank Middle and High Schools, less than 10 minutes to Baylor, and 13 minutes to Downtown Chattanooga.(Buyer to verify square footage. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property.)

Last Agent to Sell the Property

Todd Henon

Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 01/26/2023

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Wendi Stott

Greater Chattanooga Realty, Keller Williams Realty License #310146,287533

Greater Chattanooga Realty, Keller Williams Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1969

Lot Details

  • 26,572 Sq Ft Lot
  • Lot Dimensions are 105x265.6

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,149 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Den with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 108M B 021

Community Details

Overview

  • Spring Valley Unit 2 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,486

Year Built

Built in 1969

Lot Details

0.61 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 2149
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Other
  • Patio And Porch Features: Porch
  • 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
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Amenities: Playground
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.61
  • Lot Size: 105X265.6
  • Lot Size Units: Acres
  • Parcel #: 108M B 021
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2486

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2002
Sold by
Bought by
Current Estimated Value
$430,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mountain Creek, TN

  • Andrea Lamb Real Estate Agent - Keller Williams Realty

    Andrea Lamb

    Keller Williams Realty

    (423) 455-5794

    58 Total Sales

    1 in Mountain Creek

    $298,000 Price

    Andrea Lamb
     Section Image
  • Mark Blazek Real Estate Agent - Real Estate Partners Chattanooga, LLC

    Mark Blazek

    Real Estate Partners Chattanooga, LLC

    (423) 497-0547

    80 Total Sales

    3 in Mountain Creek

    $265K - $426K Price Range

    Mark Blazek
     Section Image
  • Marie King Real Estate Agent - Keller Williams Realty

    Marie King

    Responds Quickly

    Keller Williams Realty

    (423) 401-9412

    136 Total Sales

    9 in Mountain Creek

    $105K - $350K Price Range

    Marie King
     Section Image
  • Mitzi Matlock Real Estate Agent - Benchmark Realty LLC

    Mitzi Matlock

    Benchmark Realty LLC

    (615) 437-4629

    84 Total Sales

    1 in Mountain Creek

    $118,000 Price

    Mitzi Matlock
     Section Image
  • Tonjia Landreth Real Estate Agent - Bridge City Realty, LLC

    Tonjia Landreth

    Bridge City Realty, LLC

    (423) 840-8609

    118 Total Sales

    3 in Mountain Creek

    $30K - $336K Price Range

    Tonjia Landreth
     Section Image
  • Jay Hudson Real Estate Agent - Greater Chattanooga Realty, Keller Williams Realty

    Jay Hudson

    Responds Quickly

    Greater Chattanooga Realty, Keller Williams Realty

    (706) 450-8110

    279 Total Sales

    8 in Mountain Creek

    $232K - $410K Price Range

    Jay Hudson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 Northgate Title Escrow Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $25,000
Open $117,450
Closed $117,900
Closed $20,000
Closed $118,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $400,000 +0.3% $186 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $399,000 -- $186 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,437 $94,825 $0 $0
2024 $1,239 $55,400 $0 $0
2023 $1,239 $55,400 $0 $0
2022 $1,239 $55,400 $0 $0
2021 $1,239 $55,400 $0 $0
2020 $1,164 $42,100 $0 $0
2019 $1,164 $42,100 $0 $0
2018 $1,085 $42,100 $0 $0
2017 $1,164 $42,100 $0 $0
2016 $1,063 $0 $0 $0
2015 $2,065 $38,425 $0 $0
2014 $2,065 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Todd Henon

    Greater Downtown Realty dba Keller Williams Realty

    Section Image
  • Wendi Stott Real Estate Agent - Greater Chattanooga Realty, Keller Williams Realty

    Buyer's Agent in 2023

    Wendi Stott

    Greater Chattanooga Realty, Keller Williams Realty

    (423) 718-1350

    5 in this area

    121 Total Sales

    Wendi Stott
    Section Image
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Map

Source: Realtracs

MLS Number: RTC2482452

Realtracs

APN: 108M-B-021

Tennessee Hamilton County Chattanooga 37415 Mountain Creek

507 Spring Valley Ln, Chattanooga, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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