NOT LISTED FOR SALE

5545 Abby Grace Loop Unit 10 Chattanooga, TN 37415

Falling Water Neighborhood

Estimated Value: $508,000 - $625,000

4 Beds
3.5 Baths
2,300 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $359,900 $156 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,316/month

8 Days on Market

Highlights

  • Deck
  • Porch
  • Walk-In Closet
  • Wood Flooring
  • 2 Car Attached Garage
  • Cooling Available

About This Home

As of March 2020

2 story farmhouse Located in the Millstone Cottages Community, a mere 7 minutes from Chattanooga's celebrated downtown, Millstone cottages is favored with a near-flawless location. Set against the commanding backdrop of the Cumberland Escarpment, this inspiring new home community nestles in a gentle meadow bordered by chattering streams. DECORATED MODEL HOME & DESIGNER IDEA CENTER OPEN DAILY: Mon, Thur, Fri, Sat: 10-6; Sun: 1-5; Tue, Wed by appointment.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55.97 x 122.96
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,488

Year Built

Built in 2019

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • 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, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile, Other
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 2300
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Asphalt
  • 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: 125
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Thermostat, Low Flow Plumbing Fixtures

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.16
  • Lot Size: 55.97 X 122.96
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2488

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
Jan 30, 2020
Closed on
Mar 6, 2020
Sold by
Rtb Holdings Llc
Bought by
Cornette Dylan and Cornette Autumn
List Price
$359,900
Sold Price
$359,900
Current Estimated Value
$574,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,225
Avg. Annual Appreciation
7.46%
Original Mortgage
$341,905
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2019
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
$287,500
Interest Rate
3.8%
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
Cornette Dylan $359,900 Warranty Title Ins Co
Rtb Holdings Llc $73,500 Warranty Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornette Dylan $140,000
Open Cornette Dylan $339,900
Closed Cornette Dylan $341,905
Previous Owner Rtb Holdings Llc $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $359,900 0.0% $156 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $359,900 -- $156 / 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 $2,132 $95,300 $0 $0
2023 $2,132 $95,300 $0 $0
2022 $2,132 $95,300 $0 $0
2021 $2,132 $95,300 $0 $0
2020 $2,440 $17,500 $0 $0
2019 $484 $17,500 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2331810

Realtracs

APN: 099B-F-010