NOT LISTED FOR SALE

Estimated Value: $739,222 - $1,148,000

6 Beds
4.5 Baths
4,656 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $475,000 $102 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,831/month

371 Days on Market

Highlights

  • 6 Acre Lot
  • Open Floorplan
  • Wooded Lot
  • Fairyland Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of April 2013

If you are looking for a great place to get away or a private setting that feels miles away from everything but is actually just minutes from the top of Lookout Mountain, then you need to take the time to see this custom 5 or 6 bedroom, 4.5 bath home situated on 6 +/- partially wooded acres. All of the wood work in the home was milled from hardwoods on this property, and there are hardwood and tile floors throughout. Your tour of this home begins with the wrap around covered porch, into the inviting foyer which has French doors to the office with built-in desk, access to the powder room with pedestal sink and wainscoting and great room with a raised hearth and stacked stone fireplace, and is open to the kitchen. The kitchen features a center island that has seating room and a prep sink, st ainless steel appliances, a nice walk-in pantry and access to both the laundry room and the dining room with French doors to the rear covered deck and the convenient mud room. The mud room has wainscoting, hooks for everybody's coats, a utility sink, a side door to the porch and access to the garage. The master suite is also on the main level and boasts 2 walk-in closets and a private bath with double vanity and large walk-in tiled shower. There is also a claw footed tub that has plumbing in the floor, but was never hooked up. The upper level has a large central den that is flanked by 2 bedrooms and a bath on either end and French doors to a bonus room that makes a great hobby or home schooling room. On the 3rd floor is a spacious bonus room that could have multiple uses, but would make a great play/rec room. The in-law suite is located over the garage with access from the mud room and boasts a sleeping area, refreshment center, full bath and walk-out storage. This is great for extended guests, as they can come and go as they please through the side door into the mud room without disturbing the other residents. Some added bonuses are the sound system wiring and intercoms, galvanized steel roof, Hardi exterior, a fun tree house and the detached 22' X 32' outbuilding with its own 200 amp service. There is too much to get it all in here. Please call for more information and your private showing today.

Last Listed By

Jay Robinson

Robinson Real Estate, Inc. Listed on: 04/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,094

Year Built

  • Built in 2009

Lot Details

  • 6 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

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

Home Design

  • Brick or Stone Mason
  • Metal Roof
  • Stone

Interior Spaces

  • 4,656 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Library
  • Game Room with Fireplace
  • Wood Flooring
  • Basement
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

  • Fairyland Elementary School
  • Ridgeland Middle School
  • Ridgeland High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0005 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,094

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.0
  • Lot Size: 6 ACRES
  • Subdivision Name: None
  • Directions: Up the GA side of the mountain (Rock City side), Left on Lula Lake, Right on 157 (crossover road to Scenic Hwy), immediate Left on Mt Olive, Right on Payne Chapel. Property is on the left. You will see the fenced pasture of the neighboring property, and the front part of the driveway is share with the neighbor to the left. Enter and veer off to driveway on the right which is marked with the street address. No sign on the property.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Living Area: 4656.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2009
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0005 018
  • Location Tax and Legal Elementary School: Fairyland Elementary School
  • Location Tax and Legal Middle Or Junior School2: Ridgeland Middle
  • Location Tax and Legal High School: Ridgeland High School
  • 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: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 6.0
  • General Property Information Lot Size Square Feet2: 261360.0
  • General Property Information Lot Size Dimensions: 6 ACRES
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Multi Units: Yes
  • Levels Three Or More: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Split Bedrooms2: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Other Structures:Out Building: Yes
  • Other Equipment:Intercom: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Great Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Sound System, Split Bedrooms, Tub/shower Combo, Walk-In Closet(s), Wet Bar
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Double Vanity: Yes
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level, Sloped, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, 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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairyland Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Ridgeland Middle

Lot Info

  • Lot Size Sq Ft: 261360.0
  • Additional Parcels: No
  • Parcel #: 0005 018
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2012
Closed on
Apr 29, 2013
Sold by
Petit Wayne E
Bought by
Thompson Nathan and Thompson Jennifer
Seller's Agent
Jay Robinson
Robinson Real Estate, Inc.
Buyer's Agent
Katherine Smith
Keller Williams Realty
List Price
$624,900
Sold Price
$475,000
Premium/Discount to List
-$149,900
-23.99%
Total Days on Market
371
Current Estimated Value
$975,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,074
Avg. Annual Appreciation
6.17%
Original Mortgage
$417,000
Outstanding Balance
$301,926
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$673,148

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
Thompson Nathan $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Nathan $150,000
Open Thompson Nathan $417,000
Previous Owner Petit Wayne E $275,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $475,000 -24.0% $102 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/13/2012 04/13/12 For Sale $624,900 -- $134 / 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 $5,094 $235,497 $31,675 $203,822
2023 $5,095 $222,131 $28,281 $193,850
2022 $4,478 $177,616 $17,318 $160,298
2021 $4,586 $164,656 $17,318 $147,338
2020 $3,984 $136,072 $17,318 $118,754
2019 $4,027 $136,072 $17,318 $118,754
2018 $3,600 $136,072 $17,318 $118,754
2017 $4,428 $136,072 $17,318 $118,754
2016 $3,434 $135,046 $17,318 $117,728
2015 $4,013 $149,066 $12,000 $137,066
2014 $3,826 $149,066 $12,000 $137,066
2013 -- $125,332 $12,000 $113,332
Source: Public Records

Agents Affiliated with this Home

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