NOT LISTED FOR SALE

5301 Mountain Creek Rd Chattanooga, TN 37415

Falling Water Neighborhood

Estimated Value: $529,000 - $1,148,126

3 Beds
2 Baths
1,892 Sq Ft
$406/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $205,000 $108 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $4,365/month

538 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • Wooded Lot
  • 17.83 Acre Lot
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of June 2013

GENTLEMAN FARM - SUPER DUPER LOCATION. PRICED TO SELL QUICKLY. TRACT ''A'' includes 17.83 acres. Other similar farms - same area recently sold for $23,000 to $27,000 per acre. This FARM WILL NOT LAST priced at LESS THAN $17,000 per acre. Home needs completely updated. Some plumbing has been updated. Owners currently reside in home. HARDWOOD floors need TLC... On City water but has a 180 foot well, that may need a new pump - would be a great source of water for the irrigation system that's already in place in garden area. ONLY 10 minutes to downtown CHATTANOOGA. PRIME LOCATION .... only 2 minutes to HWY. 27 - Carter J Older trailer on property. NEW buyers responsible for removal. WAIT FOR OWNERS TO LEAVE WITH DOGS BEFORE YOU GET OUT OF YOUR CAR. PROPERTY BEING SOLD AS-IS. Buyer to veri ol zone. PARCEL INCLUDES TRACT ''A''. NEW SURVEY ATTACHED TO LISTING....

Last Agent to Sell the Property

Sandra Lewis

Vincent Realty Listed on: 12/04/2011

Last Buyer's Agent

Doug Lawrence

Berkshire Hathaway HomeServices Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1959

Lot Details

  • 17.83 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Level Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Washer
  • Wood Flooring
  • Basement
  • Crawl Space
  • Storage In Attic
  • Home Security System
  • Property Views

Kitchen

  • Built-In Oven
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

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

Farming

  • Barn

Utilities

  • Cooling Available
  • Radiant Ceiling
  • Baseboard Heating
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • James B Brown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099004
  • $32,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,639

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 17.83
  • Lot Size: 17.83
  • Subdivision Name: James B Brown
  • Directions: FROM HIGHWAY 27- take TAKE MOUNTAIN CREEK RD. EXIT-----FROM CORRIDOR J TURN RIGHT (if heading South from Hwy 153) AND GO 3 TENTHS OF A MILE ENTRANCE TO THE PROPERTY IS ON THE RIGHT AT THE BEND /CURVE IN THE THE ROAD, turn right into driveway and follow DRIVEWAY o the left, it will take you to the house. WAIT FOR OWNERS TO LEAVE WITH DOGS BEFORE YOU GET OUT OF YOUR CAR.....
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1892.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1959
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 099004
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1639.0
  • 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: 17.83
  • General Property Information Lot Size Square Feet2: 776674.8
  • General Property Information Lot Size Dimensions: 17.83
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Foundation Details Slab: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Wall Oven: Yes
  • Washers: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Security Features:Security System: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 32300.0
  • Patio And Porch Features Porch - Covered: Yes
  • Lot Features Rural: Yes
  • Other Structures:Out Building: Yes
  • Other Structures:Barn(s): Yes
  • Water Source:Well: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Washer, Refrigerator, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
  • Window Features: Aluminum Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: 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:Wood Burning: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Gentle Sloping, Level, Rural, Wooded
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Ceiling, Electric, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public, Well
  • Heating:Wood Stove: Yes
  • Heating:Ceiling: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 776674.8
  • Parcel #: 099004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1639.0
  • Tax Other Annual Assessment Amount: 32300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2011
Closed on
Jun 17, 2013
Sold by
Falls J Barry and Bruce Falls R
Bought by
Spence David and Spence Karen
Seller's Agent
Sandra Lewis
Vincent Realty
Buyer's Agent
Doug Lawrence
Berkshire Hathaway HomeServices Realty Center
List Price
$299,900
Sold Price
$205,000
Premium/Discount to List
-$94,900
-31.64%
Current Estimated Value
$767,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,375
Avg. Annual Appreciation
11.33%
Original Mortgage
$164,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2011
Sold by
Falls D Bryan
Bought by
Falls J Barry and Bruce Falls R

Purchase Details

Closed on
Jul 3, 2007
Sold by
Falls J Barry and Bryan Falls D
Bought by
Falls D Bryan and Barry Falls J
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
Spence David $205,000 Northgate Title Escrow Inc
Falls J Barry -- None Available
Falls D Bryan -- None Available
Falls D Bryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spence David $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $205,000 -31.6% $108 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
12/03/2011 12/03/11 For Sale $299,900 -- $159 / 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 $3,555 $158,875 $0 $0
2023 $3,555 $158,875 $0 $0
2022 $3,555 $158,875 $0 $0
2021 $1,948 $87,050 $0 $0
2020 $1,279 $46,250 $0 $0
2019 $1,279 $46,250 $0 $0
2018 $1,180 $46,250 $0 $0
2017 $1,279 $46,250 $0 $0
2016 $1,280 $0 $0 $0
2015 $2,465 $46,300 $0 $0
2014 $2,465 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sandra Lewis

    Vincent Realty

  • D

    Buyer's Agent in 2013

    Doug Lawrence

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1171460

Greater Chattanooga REALTORS®

APN: 099-004

Tennessee Hamilton County Chattanooga 37415 Falling Water

5301 Mountain Creek Rd, Chattanooga, TN

This home is located at 5301 Mountain Creek Rd, Chattanooga, TN 37415 since 04 December 2011 and is currently estimated at $767,375, approximately $405 per square foot. This property was built in 1959. 5301 Mountain Creek Rd is a home located in Hamilton County with nearby schools including Red Bank Elementary School, Red Bank Middle School, and Red Bank High School.

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