NOT LISTED FOR SALE

5574 Little Gem Ln Ooltewah, TN 37363

Estimated Value: $383,000 - $455,000

4 Beds
2.5 Baths
1,778 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2021

Last sale price $330,000 $186 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,423 / mo

1 Day on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • Wallace A. Smith Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of November 2021

Beautiful home conveniently located in Ooltewah with quick access to I-75, grocery stores, restaurants, and parks. Lots of windows for natural light, wood floors, high ceilings and more. The kitchen features a pantry and granite countertops, and the open floor plan into the dining area all and great room make this home great for families. Master on the main level with custom tile walk-in shower and large walk-in closet. Additional three bedrooms are located upstairs with a full bath. This home also offers a level fenced backyard.

Last Agent to Sell the Property

Joshua Hill

Exit Realty Scenic Group Listed on: 10/16/2021

Last Buyer's Agent

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Properties License #291147

Berkshire Hathaway HomeServices J Douglas Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 2018

Lot Details

  • 5,094 Sq Ft Lot
  • Lot Dimensions are 60.18x84.65

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage

Home Design

  • Split Foyer
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,778 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • 1 Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131c H 050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,616

Year Built

Built in 2018

Lot Details

5,094 Sq Ft Lot

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 60.18X84.65
  • Subdivision Name: Magnolia Creek
  • Directions: From Chattanooga. Head North on I-75 Exit on Exit # 11 Left at red light. left at next red light left onto Ooltewah Harrison. Approx. 1/8th of a mile on left is 5574 Little Gem Ln
  • Architectural Style: Split Foyer
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1778.0
  • New Construction: No
  • Year Built: 2018
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 131c H 050
  • 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: 1615.58
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Lot Size Square Feet2: 5094.0
  • General Property Information Lot Size Dimensions: 60.18X84.65
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Beautiful home conveniently located in Ooltewah with quick access to I-75, grocery stores, restaurants, and parks. Lots of windows for natural light, wood floors, high ceilings and more. The kitchen features a pantry and granite countertops, and the open floor plan into the dining area all and great room make this home great for families. Master on the main level with custom tile walk-in shower and large walk-in closet. Additional three bedrooms are located upstairs with a full bath. This home also offers a level fenced backyard.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Interior Features En Suite: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Architectural Style Split Foyer: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: En Suite, Open Floorplan, Primary Downstairs
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Patio, Porch
  • 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
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Front, 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 Faces Front: Yes

Utilities

  • 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
  • Senior Community: No
  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 175.0
  • 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: 5094.0
  • Additional Parcels: No
  • Parcel #: 131c H 050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1615.58

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Joshua Hill
Exit Realty Scenic Group
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Properties
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Current Estimated Value
$423,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,868
Avg. Annual Appreciation
5.57%
Original Mortgage
$313,500
Outstanding Balance
$285,872
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$137,996

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 27, 2020
Sold by
Bought by
Seller's Agent
Shaleigh Cronan
Southern Built Realty llc
Buyer's Agent
Joshua Hill
Exit Realty Scenic Group
List Price
$292,000
Sold Price
$283,000
Premium/Discount to List
-$9,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$268,850
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2019
Closed on
Apr 12, 2019
Sold by
Bought by
Seller's Agent
Ryan May
Real Estate Partners Chattanooga LLC
Buyer's Agent
Shaleigh Cronan
Southern Built Realty llc
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Bought by

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
4.38%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Northshore T&E Llc
$283,000 Lakeside Title & Escrow
$250,000 Team Title Services Llc
-- Jones Raulston Title Ins Age
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $313,500
Previous Owner $268,850
Previous Owner $192,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Sold $330,000 +4.8% $186 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $315,000 +11.3% $177 / Sq Ft
07/27/2020 07/27/20 Sold $283,000 -3.1% $159 / Sq Ft View Prior Sale
06/14/2020 06/14/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $292,000 +16.8% $164 / Sq Ft
04/15/2019 04/15/19 Sold $250,000 0.0% $141 / Sq Ft View Prior Sale
04/15/2019 04/15/19 Sold $250,000 -3.5% $141 / Sq Ft View Prior Sale
03/25/2019 03/25/19 Pending -- -- --
03/25/2019 03/25/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $259,000 0.0% $146 / Sq Ft
07/02/2018 07/02/18 For Sale $259,000 -- $146 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,581 $104,325 $0 $0
2024 $1,609 $71,925 $0 $0
2023 $1,618 $71,925 $0 $0
2022 $1,618 $71,925 $0 $0
2021 $1,618 $71,925 $0 $0
2020 $1,616 $58,100 $0 $0
2019 $1,616 $58,100 $0 $0
2018 $173 $6,250 $0 $0
2017 $173 $6,250 $0 $0
2016 $173 $0 $0 $0
2015 $173 $6,250 $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: 1344820

Greater Chattanooga REALTORS®

APN: 131C-H-050

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