NOT LISTED FOR SALE

5501 Abby Grace Loop Unit 20 Chattanooga, TN 37415

Falling Water Neighborhood

Estimated Value: $589,000 - $646,000

4 Beds
2.5 Baths
2,550 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $540,000 $212 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,522/month

4 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Car Attached Garage
  • Contemporary Architecture
  • Porch
  • Walk-In Closet

About This Home

As of October 2021

**MULTIPLE OFFERS HAVE BEEN RECEIVED. HIGHEST & BEST DUE BY 5:00PM 9/3/2021 TO Joey@sigfirm.com.** Nestled on one of the largest lots in the neighborhood with stunning views of Signal Mountain, this breathtaking ''modern farmhouse'' resides in the highly sought after Millstone Cottages neighborhood. The perfect location, a skip and a hop onto highway 27, under 8 minutes to Downtown Chattanooga, less than 10 min to the Hixson Target and Chickamauga Dam; this subdivision is amongst the newest communities in one of the fastest growing zip code's in Chattanooga. Defining what a custom home offers homebuyers, this 2500+ square foot 4 bed 2.5 bath home belongs on the cover of a Better Homes and Gardens Magazine. Every sq/ft of this home was meticulously designed and thoughtfully customized for not only its cosmetic appeal, but also to maximize the space in every room and closOne can see examples of this by looking through the list of upgrades made to the home when it was built. The home boasts 10 ft ceilings and 8 foot doors throughout the main level (with exception to the stunning vaulted living room ceiling that measures out to an impressive 20+ ft tall). It has 9 ft ceilings throughout the second floor. By upgrading the ceiling height throughout, the home feels more "roomy" and larger. The exterior of the home is made up of the durable, low maintenance, highly sought after, weather resistant Hardie Board siding with board and batten front trim. The upgraded black windows were installed in every window of the home to give the exterior an extra pop along with the accented black metal roof, rafter tails over the garage, black gutters, and the black architectural shingle 30 year roof. Step inside the custom/upgraded 8 ft front door and into the vaulted living room to see an upgraded FULLY brick fireplace that runs the full height of the vaulted ceiling. A large reclaimed railroad tie used for a stunning mantle finishes off this eye catching feature.

Last Agent to Sell the Property

Joey Winslett

BHGRE Signature Brokers License #330003 Listed on: 08/30/2021

BHGRE Signature Brokers

Co-Listed By

Belinda Winslett

BHGRE Signature Brokers License #282054

Last Buyer's Agent

Jana Myers

Greater Chattanooga Realty, Keller Williams Realty License #323002

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,635

Year Built

  • Built in 2019

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 255x155x156x46
  • Level Lot
  • Wooded Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Millstone Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099B F 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,635

Year Built

Built in 2019

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2019
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Bamboo, Carpet, Other, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 2550
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Fiber Cement, Stone, Brick
  • Patio And Porch Features: Deck, Covered, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces 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: Water Available

Condo/Co-op/Association

  • Association Fee: 240
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No

Green Features

  • Efficiency: Thermostat, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Features: Level, Wooded, Other
  • Lot Size Acres: 0.47
  • Lot Size: 255x155x156x46
  • Lot Size Units: Acres
  • Parcel #: 099B F 020
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4635

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 1, 2021
Sold by
Brocato Samuel
Bought by
Sikes Steven and Sikes Courtney
Seller's Agent
Joey Winslett
BHGRE Signature Brokers
Buyer's Agent
Jana Myers
Greater Chattanooga Realty, Keller Williams Realty
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Current Estimated Value
$625,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,345
Avg. Annual Appreciation
4.30%
Original Mortgage
$486,000
Outstanding Balance
$447,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,447

Purchase Details

Closed on
Jun 14, 2019
Sold by
Rtb Holdings Llc
Bought by
Brocato Samuel and Brocato Aleena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,377
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2018
Sold by
Mike Charlie Properties Llc
Bought by
Rtb Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.7%
Mortgage Type
Construction
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
Sikes Steven $540,000 Bridge City Title
Brocato Samuel $384,221 Warranty Title Ins Co Inc
Rtb Holdings Llc $68,500 Warranty Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikes Steven $486,000
Previous Owner Brocato Samuel $307,377
Previous Owner Rtb Holdings Llc $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $540,000 +2.9% $212 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $525,000 -- $206 / 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 $2,233 $99,825 $0 $0
2023 $2,233 $99,825 $0 $0
2022 $2,233 $99,825 $0 $0
2021 $2,233 $99,825 $0 $0
2020 $2,542 $48,025 $0 $0
2019 $1,328 $48,025 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2500261

Realtracs

APN: 099B-F-020