NOT LISTED FOR SALE

5539 Little Gem Ln Ooltewah, TN 37363

Estimated Value: $386,000 - $435,000

3 Beds
2.5 Baths
1,817 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $215,500 $119 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,341/month

16 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Cathedral Ceiling
  • Wallace A. Smith Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2016

Brand-new Cottage home in Magnolia Creek by Rowland Development Group! One of our best-selling floor plans, the Charleston, features an open living plan with spacious living areas and lots of natural light. 8 ft front door, vaulted Great Room, 9 foot ceilings on main. just got better! One generously-sized Dining Area combined with the Kitchen provides the perfect layout for entertaining and comfortable day-to-day living. A large work island, custom cabinetry, pantry, leathered granite countertops, tiled backsplash and SS Kenmore appliances make this an impressive Kitchen for a modestly-priced new home. The Master Bedroom has a private bath walk-in closet. The Master Bath has a free-standing tub and tiled shower, double sink vanity with granite. A laundry closet and powder room are also on the main level. Upstairs are two bedrooms, full bath, bonus room and walk-out storage area. This home is one of our most popular because of its thoughtfully designed floor plan and storage options. Covered front and back porches! Quality construction with TRANE HVAC, Low E windows, fiber-cement siding and more. This home will be completed between March 30 and April 15. Open house every Sunday 2pm to 4pm. Visit our website and like our Facebook page!

Last Agent to Sell the Property

Becky Cope English

Crye-Leike REALTORS Listed on: 03/14/2016

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $173

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x80.99
  • Gentle Sloping Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,817 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room with Fireplace
  • Dining Room
  • Game Room with Fireplace
  • Bonus Room
  • Basement
  • Crawl Space
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131c H 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$173

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 50x80.99
  • Subdivision Name: Magnolia Creek
  • Directions: I-75 N to Ooltewah Exit 11, Left on Lee Hwy, Left on Hunter Rd for half mile, Left on Ooltewah-Harrison Road, Left on Little Gem into Magnolia Creek, Left on Daju Court.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1817.0
  • New Construction: Yes
  • Efficiency: HVAC, Thermostat
  • Structure Type: Free Standing Building
  • Year Built: 2016
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 131c H 005
  • 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: 172.83
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Dimensions: 50x80.99
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Multi Units: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Parking Features Kitchen Level2: Yes
  • Levels:One and One Half: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Free-Standing Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Soaking Tub, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows, Low-Emissivity Windows, Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Low Flow Plumbing Fixtures: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Asphalt
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: No
  • Parcel #: 131c H 005
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 172.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 19, 2016
Sold by
Rowland Development Group Llc
Bought by
Desai Viral and Desai Raghini
Seller's Agent
Becky Cope English
Crye-Leike REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$219,900
Sold Price
$215,500
Premium/Discount to List
-$4,400
-2%
Current Estimated Value
$414,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,829
Avg. Annual Appreciation
7.22%
Original Mortgage
$211,596
Outstanding Balance
$168,060
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$246,269
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
Desai Viral $215,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Viral $211,596
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $215,500 -2.0% $119 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $219,900 -- $121 / 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 $1,582 $70,725 $0 $0
2023 $1,591 $70,725 $0 $0
2022 $1,591 $70,725 $0 $0
2021 $1,591 $70,725 $0 $0
2020 $1,533 $55,100 $0 $0
2019 $1,533 $55,100 $0 $0
2018 $1,533 $55,100 $0 $0
2017 $1,533 $55,100 $0 $0
2016 $1,004 $0 $0 $0
2015 $173 $6,250 $0 $0
2014 $173 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Becky Cope English

    Crye-Leike REALTORS

  • C

    Buyer's Agent in 2016

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1242478

Greater Chattanooga REALTORS®

APN: 131C-H-005

Tennessee Hamilton County Ooltewah 37363

5539 Little Gem Ln, Ooltewah, TN

This home is located at 5539 Little Gem Ln, Ooltewah, TN 37363 since 14 March 2016 and is currently estimated at $414,329, approximately $228 per square foot. This property was built in 2016. 5539 Little Gem Ln is a home located in Hamilton County with nearby schools including Wallace A. Smith Elementary School, Hunter Middle School, and Ooltewah High School.

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