NOT LISTED FOR SALE

5518 Abby Grace Loop Unit 38 Chattanooga, TN 37415

Falling Water Neighborhood

Estimated Value: $500,000 - $614,000

3 Beds
2.5 Baths
2,300 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $481,200 $209 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,322/month

64 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Covered patio or porch
  • Covered Deck
  • Cooling Available

About This Home

As of December 2021

MOVE IN READY DECEMBER 15TH. This beautifully designed Redwood Tudor is nestled in the quaint community of Millstone Cottages. Bask in the amazing natural light this home enjoys by being next to a community green space. Sit in your living room and enjoy the sunset forever views of Signal Mountain. Our designer put all her favorite finishes in this one, which will have you counting down the days until it's finished. Hurry today and make this home yours and you'll be able to select some of the final finishes available!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 2021

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x117
  • Irrigation

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Millstone Cottages Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 2021

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2021
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Washer, Microwave, Dryer, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2300
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener, Irrigation System
  • Construction Type: Fiber Cement, Brick, Other
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Asphalt
  • 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: 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: 150
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Thermostat, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size: 50X117
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 882

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 10, 2021
Closed on
Dec 31, 2021
Sold by
Rtb Holdings Llc
Bought by
Voytik Chad and Voytik Amanda
List Price
$449,700
Sold Price
$481,200
Premium/Discount to List
$31,500
7%
Current Estimated Value
$569,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,118
Avg. Annual Appreciation
3.77%
Original Mortgage
$384,960
Outstanding Balance
$355,513
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$194,241

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 23, 2021
Sold by
Rtb Holdings Llc
Bought by
Cimaomo Joseph Thomas and Cimaomo Cynthia Joan
List Price
$449,700
Sold Price
$481,200
Premium/Discount to List
$31,500
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,960
Outstanding Balance
$355,513
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$194,241

Purchase Details

Closed on
Jun 3, 2021
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
$327,200
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Voytik Chad $481,200 Dba Warranty Title Ins Co
Cimaomo Joseph Thomas $380,900 Warranty Title
Rtb Holdings Llc $88,521 Dba Warranty Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voytik Chad $384,960
Closed Cimaomo Joseph Thomas $300,720
Previous Owner Rtb Holdings Llc $327,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $481,200 +7.0% $209 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $449,700 -- $196 / 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 $1,974 $88,250 $0 $0
2023 $1,974 $88,250 $0 $0
2022 $1,974 $88,250 $0 $0
2021 $419 $18,750 $0 $0
2020 $484 $17,500 $0 $0
2019 $484 $17,500 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2720503

Realtracs

APN: 099B-G-007