$252,000
SOLD JUL 29, 2019

5568 Little Gem Ln Ooltewah, TN 37363

3 Beds
2.5 Baths
1,764 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

3% Below List Price

75 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walk-In Closet
  • Wallace A. Smith Elementary School Rated A-
  • Porch
  • Cooling Available

About This Home

As of October 2024

New Construction home coming to Ooltewah's Magnolia Creek! This home features a great floor plan, 3 Bedrooms, 2.5 Baths and a finished Bonus Room. Magnolia Creek is nearing completion and is conveniently located less than 2 miles from Ooltewah Exit 11. Call for more information on house plans and completion date! Please note interior photos are representational of 5575 Little Gem. This home has same floorplan and amenities. Colors and finishes may vary.

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 01/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $173

Year Built

  • Built in 2019

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50.66x84.65
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,764 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131C H 049

Home Details

Home Type

Single Family

Est. Annual Taxes

$173

Year Built

Built in 2019

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: New
  • Attribution Contact: 4236675922
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Microwave, Electric Range, Disposal, Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1764
  • Building Area Units: Square Feet
  • Living Area: 1764
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • Topography: Level,Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.1
  • Lot Size: 50.66X84.65
  • Lot Size Units: Acres
  • Parcel #: 131C H 049
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 173

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 30, 2024
Sold by
Black Cullen and Black Julia
Bought by
Tolley Ashley and Tolley Connor J
Seller's Agent
Landon Little
Keller Williams Realty
Buyer's Agent
Alexandra Theis
Keller Williams Realty
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%
Views
11
Current Estimated Value
$407,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,869
Avg. Annual Appreciation
-0.58%
Original Mortgage
$324,000
Outstanding Balance
$322,399
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$80,843

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jul 29, 2019
Sold by
Peak Point Properties Llc
Bought by
Black Cullen and Black Julia
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$259,000
Sold Price
$252,000
Premium/Discount to List
-$7,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$252,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Horn April and Horn Bryan
Bought by
Stonehill Llc

Purchase Details

Closed on
Sep 15, 2017
Sold by
Horn Rory
Bought by
Horn April and Horn Bryan
Source: Public Records

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Range of Values:

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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 $405,000 Cumberland Title
Warranty Deed $252,000 Team Title Legal Svcs Llc
Quit Claim Deed -- Title Guaranty & Trust Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 New Conventional
Previous Owner $252,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $405,000 0.0% $223 / Sq Ft
09/21/2024 09/21/24 Off Market $2,600 -- --
09/01/2024 09/01/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $399,900 -2.5% $220 / Sq Ft
07/11/2024 07/11/24 For Sale $410,000 0.0% $225 / Sq Ft
10/15/2022 10/15/22 Rented -- -- --
10/15/2022 10/15/22 Rented -- -- --
10/15/2022 10/15/22 Rented $2,600 0.0% --
10/03/2022 10/03/22 Under Contract -- -- --
09/27/2022 09/27/22 For Rent -- -- --
09/27/2022 09/27/22 For Rent $2,600 0.0% --
07/29/2019 07/29/19 Sold $252,000 -2.7% $143 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $259,000 -- $147 / 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 $1,665 $74,400 $0 $0
2023 $1,674 $74,400 $0 $0
2022 $1,674 $74,400 $0 $0
2021 $1,674 $74,400 $0 $0
2020 $1,625 $24,900 $0 $0
2019 $698 $24,900 $0 $0
2018 $173 $6,250 $0 $0
2017 $173 $6,250 $0 $0
2016 $173 $0 $0 $0
2015 $182 $6,250 $0 $0
2014 $1,418 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2420916

Realtracs

APN: 131C-H-049