NOT LISTED FOR SALE

5308 Spalding Dr Ooltewah, TN 37363

Estimated Value: $595,000 - $636,000

4 Beds
3 Baths
3,338 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $599,900 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,633/month

9 Days on Market

Highlights

  • 8.1 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Wood Flooring
  • Workshop

About This Home

As of February 2024

Welcome home to over 8 ACRES of private land in the heart of Collegedale. Situated on a gorgeous hillside - located minutes from Southern Adventist University, Collegedale Academy, Ooltewah Schools, Volkswagen, Amazon, McKee Foods, and Downtown Ooltewah - this home is sure to provide you with plenty of privacy while keeping the incredibly rare luxury of being this close to town. The hustle and bustle of city and suburban life is hushed when sitting on the gorgeous open deck shaded by mature privacy trees. Up here, you can work on your cars, store RV's/ ATV's/ motorcycles/ cars/ trucks, carryout your woodworking hobby, hike, relax, and/or simply enjoy the beautiful Tennessee weather. Drive up and notice the many vehicle storage options! With an attached 2-car carport, a basement utility garage, and a detached 3-car garage, there is plenty of space for the hobbyist of the family. The gorgeous trees provide added privacy and make you feel completely secluded. Step inside this beautiful home and notice all of the natural lighting pouring into all of the large windows. The sunroom brings the outdoors inside and is PERFECT for the upcoming winter season. Enjoy your mornings cozied up inside sipping your coffee while being surrounded by views of the beautiful 8 acres of land. Step into the kitchen where rich wood cabinetry greet you. With the cozy den located just off the kitchen, the whole family can be together to socialize while dinner is being made on the stove. The primary suite is located on the first floor and offers a ensuite bathroom, custom built-in storage, and a walk-in closet. Also on the main level are 2 additional bedrooms and another full bathroom. Downstairs you will find an additional bedroom, full bathroom & even a home office space. There is also a spacious utility garage that is great for added storage, or it could be finished and used as additional living space. This beautiful estate could be ALL YOURS. Call to schedule a private tour today!

Last Agent to Sell the Property

Wendy Dixon

Keller Williams Realty - Ooltewah License #308654 Listed on: 01/05/2024

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1974

Lot Details

  • 8.1 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces
  • Circular Driveway

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3,338 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Aluminum Window Frames
  • Workshop
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters
  • Side Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 141 027.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,231

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 8.1
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Directions: Rom 1-75 N take exit 9 for TN-317 E/Apison Pike toward Collegedale. Merge onto TN-0317/Apison Pike. Turn left onto TN-317 E/Apison Pike. Turn left toward Tucker Rd. then Continue onto Tucker Rd. Turn left onto Spalding Dr. Driveway will be straight ahead. Look for sign.
  • Above Grade Finished Sq Ft: 2501.0
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1974
  • General Property Information:Living Area2: 3338.0
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Partially Finished, Unfinished
  • Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Bathroom Mirror(s)
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 837.0
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Living Area: 3338.0
  • Window Features: Vinyl Frames, Aluminum Frames, Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Basement:Partially Finished: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None3: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Exterior Features: Rain Gutters
  • Lot Features: Wooded, Sloped, Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Block
  • Other Structures: Workshop, Storage, RV/Boat Storage, Garage(s)
  • Patio And Porch Features: Deck, Side Porch
  • Property Condition: Fixer
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Side Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 4.0
  • Parking Features: Basement, Circular Driveway, Concrete, Driveway, Garage
  • General Property Information:Garage Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Basement: Yes
  • Parking Features:Concrete3: Yes
  • Parking Features:Garage: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: See Remarks
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 352836.0
  • Parcel #: 141 027.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3230.68
  • Tax Book Number: 3413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 20, 2024
Sold by
Eller Barbara Aileen and Arquitt Elizabeth Ann
Bought by
Gibson Simon J and Gibson Sarah Nicole
Seller's Agent
Wendy Dixon
Keller Williams Realty - Ooltewah
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$599,900
Sold Price
$599,900
Views
240
Current Estimated Value
$633,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,321
Avg. Annual Appreciation
3.35%
Original Mortgage
$467,697
Outstanding Balance
$462,188
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$167,496
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
Gibson Simon J $599,900 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Simon J $467,697
Previous Owner Eller Joseph Q $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $599,900 0.0% $180 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $599,900 -- $180 / Sq Ft
Source: River Counties Association of 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 $1,987 $88,825 $0 $0
2023 $3,373 $88,825 $0 $0
2022 $3,231 $88,825 $0 $0
2021 $3,231 $88,825 $0 $0
2020 $3,049 $68,850 $0 $0
2019 $3,049 $68,850 $0 $0
2018 $2,780 $68,850 $0 $0
2017 $2,780 $68,850 $0 $0
2016 $2,695 $0 $0 $0
2015 $2,695 $64,925 $0 $0
2014 $2,695 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20240066

River Counties Association of REALTORS®

APN: 141-027.02