$200,000
SOLD AUG 14, 2015

5567 Little Gem Ln Ooltewah, TN 37363

3 Beds
2.5 Baths
1,558 Sq Ft
1 Acres

Recently Sold

$128 Per Sq Ft

5% Below List Price

70 Days on Market

Highlights

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

About This Home

As of September 2021

Move-in Ready Cottage Home in Magnolia Creek! Ooltewah's newest neighborhood is also the most convenient! Just 1 mile from Exit 11, you cannot beat the easy commute! Constructed by Waters-Holland. Over 8 home plans to choose from, all loaded with amenities at affordable prices. This plan is one of our ''Cottage'' homes offering a slightly smaller home without sacrificing amenities. The Cottage homes also have a smaller yard for easier maintenance. Custom designed, this plan offers a Master Bedroom on the main level with private bath featuring a double sink vanity, water closet and shower. The Great Room has a fireplace, the Kitchen and Dining area are combined. French doors lead to a covered, screened patio/deck. Extensive hardwood flooring (cont.) on main level, tiled baths and laundry. Upstairs you'll find 2 guest bedrooms, 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.

Last Agent to Sell the Property

Becky Cope English

RE/MAX Renaissance Realtors Listed on: 05/02/2015

Co-Listed By

Derek English

RE/MAX Renaissance Realtors

Last Buyer's Agent

Yadi Rosales

Coldwell Banker Pryor Realty License #323074

Coldwell Banker Pryor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $173

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Lot Dimensions are 48.28x86.83
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • 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
  • Screened Porch
  • 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
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Attic

  • Storage In Attic
  • Walk-In Attic

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient HVAC
  • Bureau of Land Management Grazing Rights

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131c H 002

Home Details

Home Type

Single Family

Est. Annual Taxes

$173

Year Built

Built in 2015 | 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: 48.28X86.83
  • Co List Office Mls Id: 10562
  • Co List Office Phone: 423-756-5700
  • 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
  • Efficiency: HVAC
  • Structure Type: Free Standing Building
  • Year Built: 2015
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 131c H 002
  • 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 Dimensions: 48.28X86.83
  • 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
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: 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: Hardwood
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, 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, Sloped, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • 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
  • Lot Features:Sloped: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Kitchen Level
  • 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 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

  • Additional Parcels: No
  • Parcel #: 131c H 002

Green Features

  • Green Energy Efficient:HVAC: Yes

Tax Info

  • Tax Annual Amount: 172.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 15, 2021
Sold by
Ortiz Vega Jean C
Bought by
Givens Corey and Henderson Kaitlyn Elizabeth
Buyer's Agent
Alyssa Wade
Greater Downtown Realty dba Keller Williams Realty
List Price
$295,900
Sold Price
$302,000
Premium/Discount to List
$6,100
2.06%
Current Estimated Value
$390,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,510
Avg. Annual Appreciation
6.59%
Original Mortgage
$287,120
Outstanding Balance
$260,868
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$129,642

Purchase Details

Closed on
Jul 3, 2018
Sold by
Stonehill Llc
Bought by
Peak Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Listed on
May 2, 2015
Closed on
Aug 14, 2015
Sold by
Stonehill Llc
Bought by
Ortiz Vega Jean C
Seller's Agent
Becky Cope English
RE/MAX Renaissance Realtors
Buyer's Agent
Yadi Rosales
Coldwell Banker Pryor Realty
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$190,000
Interest Rate
4.16%
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 Type Sale Price Title Company
Warranty Deed $302,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,120 New Conventional
Previous Owner $192,000 Construction
Previous Owner $190,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $302,000 +2.1% $183 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $295,900 +48.0% $180 / Sq Ft
08/14/2015 08/14/15 Sold $200,000 -4.7% $128 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $209,900 -- $135 / 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 $1,551 $69,325 $0 $0
2023 $1,560 $69,325 $0 $0
2022 $1,560 $69,325 $0 $0
2021 $1,560 $69,325 $0 $0
2020 $1,519 $54,600 $0 $0
2019 $1,519 $54,600 $0 $0
2018 $1,519 $54,600 $0 $0
2017 $1,519 $54,600 $0 $0
2016 $1,393 $0 $0 $0
2015 $1,384 $50,050 $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: 1227151

Greater Chattanooga REALTORS®

APN: 131C-H-002