NOT LISTED FOR SALE

5490 Little Gem Ln Ooltewah, TN 37363

Estimated Value: $406,000 - $477,000

3 Beds
2.5 Baths
1,778 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $260,000 $146 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,430/month

2 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • 2 Car Attached Garage
  • Wallace A. Smith Elementary School Rated A-
  • Covered Patio or Porch
  • Covered Deck

About This Home

As of June 2018

One of our most popular floor plans! This home has a formal entry foyer, formal dining room, half bath and open living/kitchen layout. The kitchen also features ample cabinetry and countertops plus a large work island. The master suite is located on the main level and has a private bath with double-sink vanity, tub and tiled shower. Upstairs are two bedrooms, full bath, walk-out attic storage and unfinished bonus room. A covered back deck and covered front porch feature tongue & groove ceilings. Features of this home also include stainless appliances, granite countertops, hardwoods in the living areas and generous moldings and trim.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $173

Year Built

  • Built in 2018

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 71.68x99.40
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,778 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Wallace A. Smith Elementary School
  • Hunter Middle School
  • Ooltewah High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131C H 042

Home Details

Home Type

Single Family

Est. Annual Taxes

$173

Year Built

Built in 2018

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Unit Levels: Two
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Interior Amenities: Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1778
  • Building Area Units: Square Feet
  • Living Area: 1778
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.09
  • Lot Size: 71.68X99.40
  • Lot Size Units: Acres
  • Parcel #: 131C H 042
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 173

MLS Schools

  • Elementary School: Wallace A. Smith Elementary School
  • High School: Ooltewah High School
  • Middle Or Junior School: Hunter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Goodwin Emily E and Vastano Emily Goodwin
Bought by
Vastano Adam Michael and Vastano Emily Goodwin
Current Estimated Value
$429,353

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jun 11, 2018
Sold by
Mae Dell Development Llc
Bought by
Goodwin Emily E
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$168,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Stonehill Llc
Bought by
Mae Dell Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vastano Adam Michael -- None Listed On Document
Vastano Adam Michael -- None Listed On Document
Goodwin Emily E $260,000 None Available
Mae Dell Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodwin Emily E $168,800
Previous Owner Mae Dell Development Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $260,000 0.0% $146 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $260,000 -- $146 / Sq Ft
Source: Realtracs

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 $1,797 $80,325 $0 $0
2023 $1,806 $80,325 $0 $0
2022 $1,806 $80,325 $0 $0
2021 $1,806 $80,325 $0 $0
2020 $1,773 $63,800 $0 $0
2019 $1,773 $63,800 $0 $0
2018 $1,004 $35,975 $0 $0
2017 $173 $6,250 $0 $0
2016 $173 $0 $0 $0
2015 $173 $6,250 $0 $0
2014 $173 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2728170

Realtracs

APN: 131C-H-042