NOT LISTED FOR SALE

5554 Little Gem Ln Ooltewah, TN 37363

Estimated Value: $400,000 - $434,000

3 Beds
2.5 Baths
1,558 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $194,900 $125 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,341/month

50 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Wood Flooring
  • Wallace A. Smith Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2013

Ooltewah's newest neighborhood is also the most convenient neighborhood! Just 1 mile from Exit 11, you cannot beat the easy commute! All homes constructed by Waters Holland come with a one year written warranty. Over 8 home plans to choose from, all loaded with amenities at affordable prices. This plan is one of our ''Cottage'' homes offering a smaller home without sacrificing amenities. The Cottage homes also have a smaller yard for easier maintenance. Custom designed, this plan offers a 15 x 14 Master Bedroom on the main level with 7x10 walk-in closet and private bath with double vanity, water closet and shower. The 21 x 15 Great Room has a fireplace, the Kitchen and Dining area are combined. French doors lead to a patio/deck. Extensive hardwood flooring on the main level, tiled bat laundry. Upstairs you'll find 2 guest bedrooms approximately 12 x 12 each, full bath and linen closet. There is an unfinished bonus room plus walk-out attic storage. If finished, the bonus room would add over 200 sf. All Masonry Exterior with brick and Fiber Cement siding; extensive hardwood floors on main level and stairs; appliance package; custom cabinet and granite in kitchen; tiled baths and laundry; generous moldings and trim; Designer chosen color palette and fixtures; two car garage; sodded yard. For a limited time, Free Membership to Hampton Creek Golf Club with purchase!

Last Agent to Sell the Property

Becky Cope English

RE/MAX Renaissance Realtors Listed on: 05/21/2013

Co-Listed By

Craig Harding

RE/MAX Renaissance Realtors License #315262

Last Buyer's Agent

Grace Edrington

Horizon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x83
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1,558 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Great Room with Fireplace
  • Game Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Attic

  • Storage In Attic
  • Walk-In Attic

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

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131C H 048

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50X83
  • Co List Office Mls Id: 10628
  • Co List Office Phone: 423-648-8200
  • Subdivision Name: Magnolia Creek
  • Directions: From Chattanooga: I-75 to Ooltewah Exit 11, Left on Lee Hwy, Left on Hunter Road for .5 mile, Left on Ooltewah-Harrison, Left into Magnolia Creek.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1558.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2013
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 131C H 048
  • 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
  • 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 Dimensions: 50X83
  • 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:Hardwood: 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
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: 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: Hardwood
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows, Low-Emissivity Windows
  • 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:Storage Only: 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
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Level, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached 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
  • 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: 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

  • Parcel #: 131C H 048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 23, 2013
Sold by
Stonehill Llc
Bought by
Watts Joseph B and Watts Autumn E
Seller's Agent
Becky Cope English
RE/MAX Renaissance Realtors
Buyer's Agent
Grace Edrington
Horizon Sotheby's International Realty
List Price
$194,900
Sold Price
$194,900
Current Estimated Value
$417,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,146
Avg. Annual Appreciation
6.48%
Original Mortgage
$155,920
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Watts Joseph B $194,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watts Joseph B $155,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $194,900 0.0% $125 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $194,900 -- $125 / 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 $1,555 $69,525 $0 $0
2023 $1,564 $69,525 $0 $0
2022 $1,564 $69,525 $0 $0
2021 $1,564 $69,525 $0 $0
2020 $1,524 $54,800 $0 $0
2019 $1,524 $54,800 $0 $0
2018 $1,524 $54,800 $0 $0
2017 $1,524 $54,800 $0 $0
2016 $1,409 $0 $0 $0
2015 $1,400 $50,625 $0 $0
2014 $173 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1195226

Greater Chattanooga REALTORS®

APN: 131C-H-047