NOT LISTED FOR SALE

5507 Twin Oaks Dr Ooltewah, TN 37363

Estimated Value: $335,000 - $358,787

3 Beds
2 Baths
1,528 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $350,000 $229 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,954/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Granite Countertops
  • Wallace A. Smith Elementary School Rated A-
  • Engineered Wood Flooring
  • No HOA

About This Home

As of August 2023

Welcome to 5507 Twin Oaks Drive - This adorable Ooltewah home features main level living, situated on a large lot with an expansive garage and private fenced back yard. Bypass the school traffic and hop onto I-75 within two minutes of leaving your driveway. Spacious open floor plan including vaulted ceilings, hardwood flooring, floor-to-ceiling stone fireplace, fully updated kitchen with granite countertops, stainless steel appliances, and custom cabinetry.
Both bathrooms have been renovated with tiled showers and frameless glass doors. The master bath features heated floors. Perfect for a growing family or someone looking to downsize! ...Enjoy your morning coffee on the screened back porch, overlooking the back yard.
Other updated features include a Tankless hot water heater and full-house water softener system. The unfinished basement stretches the entire length of the home, and has been professionally encapsulated with a moisture barrier & sump pump, installed by AFS (includes Lifetime Warranty), and offers plenty of storage space for a gym, workshop or car collection. Need a place to park/store your RV or boat? The oversized Pole Barn includes electrical to connect the RV, and offers a separate Septic System specifically for the RV. Convenient to grocery choices, Hamilton Place Mall, and minutes from Cambridge Square. If you are searching for a new home in Ooltewah, then be sure to schedule your tour of 5507 Twin Oaks Drive today to experience it for yourself!

Last Agent to Sell the Property

Justin Tate

Real Estate Partners Chattanooga LLC Listed on: 07/22/2023

Last Buyer's Agent

Linda Carter

The Source Real Estate Group License #334004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 124.07x135.0
  • Fenced
  • Gentle Sloping Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Metal Roof
  • Stone

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room with Fireplace
  • Screened Porch
  • Washer and Gas Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twin Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131c D 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 124.07X135.0
  • Subdivision Name: Twin Oaks
  • Directions: I-75 North to Exit #11, Turn left go under over pass, Left onto Hunter rd, Left onto Ooltewah-Harrison, Take Right onto Twin Oaks Dr., House on left. Sign in yard.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1528.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1987
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 131c D 018
  • Location Tax and Legal Elementary School: Wallace A. Smith Elementary
  • Location Tax and Legal Middle Or Junior School2: Hunter Middle
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 1323.97
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 0.38
  • General Property Information Lot Size Square Feet2: 16552.8
  • General Property Information Lot Size Dimensions: 124.07X135.0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Shower: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Flooring Engineered Hardwood: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater, Microwave, Free-Standing Electric Range, Dishwasher
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Granite Counters, Open Floorplan, Primary Downstairs, Separate Shower
  • Window Features: Insulated Windows
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone, Other
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Screened
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Basement, Garage Door Opener, Garage Faces Side
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Basement: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Additional Parcels: No
  • Parcel #: 131c D 018
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1323.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Oct 30, 2020
Sold by
Freels Benjamin H
Bought by
Rivera Matos Juan and Rivera Nancy Elaine
Seller's Agent
Comps Only
COMPS ONLY
Buyer's Agent
Justin Tate
Real Estate Partners Chattanooga LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$346,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,447
Avg. Annual Appreciation
6.86%
Original Mortgage
$200,000
Outstanding Balance
$177,972
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,475

Purchase Details

Closed on
Feb 22, 2002
Sold by
Freels Sandra
Bought by
Freels Benjamin H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rivera Matos Juan $250,000 Foundation T&E Llc
Freels Benjamin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Matos Juan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $350,000 +2.9% $229 / Sq Ft
07/25/2023 07/25/23 Off Market $340,000 -- --
07/21/2023 07/21/23 For Sale $340,000 +36.0% $223 / Sq Ft
11/03/2020 11/03/20 Sold $250,000 0.0% $164 / Sq Ft View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $250,000 0.0% $164 / Sq Ft
10/30/2020 10/30/20 Sold $250,000 -2.7% $164 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Price Changed $256,900 -7.9% $168 / Sq Ft
09/27/2020 09/27/20 Price Changed $278,900 -3.8% $183 / Sq Ft
09/25/2020 09/25/20 For Sale $289,900 -- $190 / 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 $1,315 $58,775 $0 $0
2023 $1,324 $58,775 $0 $0
2022 $1,324 $58,775 $0 $0
2021 $1,324 $58,775 $0 $0
2020 $1,068 $38,300 $0 $0
2019 $1,068 $38,300 $0 $0
2018 $1,068 $38,300 $0 $0
2017 $1,068 $38,300 $0 $0
2016 $987 $0 $0 $0
2015 $987 $35,375 $0 $0
2014 $987 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1376973

Greater Chattanooga REALTORS®

APN: 131C-D-018