NOT LISTED FOR SALE

5233 Loblolly Ln Ooltewah, TN 37363

Estimated Value: $349,000 - $459,000

5 Beds
4 Baths
3,130 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $225,000 $72 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,341/month

2 Days on Market

Highlights

  • Guest House
  • Deck
  • No HOA
  • Open Floorplan
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of August 2020

GREAT INVESTMENT PROPERTY or Residence with attached In-Law Suite or used as separate studio & has it's own entrance, an extra basement apartment to the rear with its own entrance, AND a detached unit to help Support the Mortgage. Thats 4 units on this property!! The home is walking distance to Southern Adventist University, Mckay Food and to Collegedale Memorial Park. Main level of home offers 3 beds, 2 baths, living room, dining room, den, screened in sunroom, laundry room and large pantry.Previous rents $850/mo. Attached Studio has full kitchen, bath, closet, laminate flooring & its own heat/air unit. Rents for $475. Lower basement apartment has spacious living room, kitchen & dining area, 1 bed and 1 bath with its own heat/air. Rents for $475.

Last Agent to Sell the Property

Darwin White

Heritage Homes & Lands LLC License #225139 Listed on: 07/19/2020

Last Buyer's Agent

Darwin White

Heritage Homes & Lands LLC License #225139 Listed on: 07/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1967

Lot Details

  • 15,931 Sq Ft Lot
  • Lot Dimensions are 145x184.8
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,130 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Den with Fireplace
  • Finished Basement
  • Partial Basement
  • Storage In Attic
  • Storm Windows

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Additional Homes

  • Guest House

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Piney Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141j A 018
  • $54,875 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: 145X184.8
  • Subdivision Name: Piney Hgts
  • Directions: From Lee Hwy take Apison Pike to Collegedale turn left at 4 way stop and go over rail road tracks, turn right to continue on Apison Pike. Take first left onto Tallant Rd. Property is on the corner of Tallant and Loblolly. Can park at main house or use separate unit drive way at 5276 Tallant Rd. Which is the detached unit on same lot as main house, they are not on two separate lots. but have two seperate address.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 3130.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1967
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 141j A 018
  • 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: 2431.84
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 15931.0
  • General Property Information Lot Size Dimensions: 145X184.8
  • 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
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Flooring:Carpet: 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
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Laundry Features Laundry Room: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 54875.0
  • Cooling:Window Unit(s): Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring:Linoleum: Yes
  • Other Structures:Out Building: Yes
  • Brick and Stone Features All Brick: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Den, Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile
  • Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo
  • Window Features: Aluminum Frames, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Corner Lot, Gentle Sloping, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Block, Slab
  • Other Structures: Guest House, Outbuilding
  • 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
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 15931.0
  • Additional Parcels: No
  • Parcel #: 141j A 018
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2431.84
  • Tax Other Annual Assessment Amount: 54875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Aug 10, 2020
Sold by
Stanton Thomas E and Stanton Deborah J
Bought by
Quinones Elmer Delgado and Peralta Silvia
Seller's Agent
Darwin White
Heritage Homes & Lands LLC
Buyer's Agent
Darwin White
Heritage Homes & Lands LLC
List Price
$300,000
Sold Price
$225,000
Premium/Discount to List
-$75,000
-25%
Current Estimated Value
$408,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,053
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Nov 4, 2005
Sold by
Pendleton Properties Llc
Bought by
Stanton Thomas E and Stanton Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,200
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2005
Sold by
Mcqueen Gerry M
Bought by
Pendleton Properties Llc

Purchase Details

Closed on
Apr 25, 1999
Sold by
Mcqueen Albert and Mcqueen Gerry
Bought by
Mcqueen Gerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 1999
Sold by
Mcqueen Albert and Mcqueen Donelda
Bought by
Mcqueen Gerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 14, 1995
Bought by
Mcqueen and Alb
Source: Public Records

Range of Values:

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Average Value
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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
Quinones Elmer Delgado $225,000 First Choice Title Inc
Stanton Thomas E $191,700 Abstract Title & Escrow
Pendleton Properties Llc $169,484 Abstract Title & Escrow
Mcqueen Gerry M -- --
Mcqueen Gerry M -- --
Mcqueen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanton Thomas E $19,200
Previous Owner Stanton Thomas E $153,000
Previous Owner Mcqueen Gerry M $129,393
Previous Owner Mcqueen Gerry M $80,000
Previous Owner Mcqueen Gerry M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $225,000 -25.0% $72 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $300,000 -- $96 / 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 $1,279 $57,150 $0 $0
2023 $2,182 $57,150 $0 $0
2022 $2,091 $57,150 $0 $0
2021 $2,082 $57,150 $0 $0
2020 $2,432 $54,875 $0 $0
2019 $2,432 $54,875 $0 $0
2018 $2,218 $54,875 $0 $0
2017 $2,218 $54,875 $0 $0
2016 $2,068 $0 $0 $0
2015 $2,068 $49,775 $0 $0
2014 $2,068 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1313905

Greater Chattanooga REALTORS®

APN: 141J-A-018