NOT LISTED FOR SALE

5575 Little Gem Ln Ooltewah, TN 37363

Ooltewah Area

Estimated Value: $419,294

3 Beds
2.5 Baths
1,764 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2019

Last sale price $259,000 $147 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,518 / mo

23 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Deck
  • Main Floor Primary Bedroom
  • Wallace A. Smith Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of February 2019

New Construction home in Ooltewah's Magnolia Creek is ready for its lucky owners! This home features an open floor plan, 3 Bedrooms, 2.5 Baths and a finished Bonus Room. Light-filled and open with great flow. Open living with dark hardwood floors and wonderful architectural features. Open eat-in kitchen has stainless steel appliances and plenty of chic gray cabinets. Kitchen opens to back deck with level back yard. Large bedrooms. Master suite has huge walk-in closet and Master Bath with his and hers granite topped vanity. Magnolia Creek new homes community is conveniently located less than 2 miles from Ooltewah Exit 11. Call for more information!

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga LLC License #298465 Listed on: 12/12/2018

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Diane Burke

Real Estate Partners Chattanooga LLC License #295114

Real Estate Partners Chattanooga LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $173

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Lot Dimensions are 51.82x86.83
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Great Room
  • Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Magnolia Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131c H 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$173

Year Built

Built in 2018 | Newly Remodeled

Lot Details

1 Acres

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 51.82X86.83
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Magnolia Creek
  • Directions: I-75 to Ooltewah Exit 11, left on Lee Hwy. left on Hunter Rd., left on Ooltewah-Harrison Rd., left into Magnolia Creek.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1764.0
  • New Construction: Yes
  • Year Built: 2018
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 131c H 001
  • 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 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: 51.82X86.83
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: New Construction home in Ooltewah's Magnolia Creek is ready for its lucky owners! This home features an open floor plan, 3 Bedrooms, 2.5 Baths and a finished Bonus Room. Light-filled and open with great flow. Open living with dark hardwood floors and wonderful architectural features. Open eat-in kitchen has stainless steel appliances and plenty of chic gray cabinets. Kitchen opens to back deck with level back yard. Large bedrooms. Master suite has huge walk-in closet and Master Bath with his and hers granite topped vanity. Magnolia Creek new homes community is conveniently located less than 2 miles from Ooltewah Exit 11. Call for more information!
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Free-Standing Electric Range, Disposal, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Level, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Concrete Perimeter
  • 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
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information: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, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • 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 001

Tax Info

  • Tax Annual Amount: 172.83

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
Dec 12, 2018
Closed on
Feb 5, 2019
Sold by
Peak Point Properties Llc
Bought by
Seller's Agent
Ryan May
Real Estate Partners Chattanooga LLC
Buyer's Agent
Diane Burke
Real Estate Partners Chattanooga LLC
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$419,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,294
Avg. Annual Appreciation
6.51%
Original Mortgage
$254,308
Outstanding Balance
$218,537
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$200,757

Purchase Details

Closed on
Mar 29, 2018
Sold by
Stonehill Llc
Bought by
Peak Point Propertis 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
4.38%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ooltewah, TN

  • Melissa McKinsey Real Estate Agent - Keller Williams Realty

    Melissa McKinsey

    Keller Williams Realty

    (423) 564-6166

    92 Total Sales

    2 in Ooltewah

    $689,000 Price Range

    Melissa McKinsey
     Section Image
  • Ginger King Real Estate Agent - Greater Chattanooga Realty, Keller Williams Realty

    Ginger King

    Greater Chattanooga Realty, Keller Williams Realty

    (762) 231-0648

    133 Total Sales

    3 in Ooltewah

    $326K - $421K Price Range

    Ginger King
     Section Image
  • Lisa Garrett Real Estate Agent - Mitchell Real Estate & Auction Co.

    Lisa Garrett

    Mitchell Real Estate & Auction Co.

    (931) 391-3399

    586 Total Sales

    2 in Ooltewah

    $595K - $650K Price Range

    Lisa Garrett
     Section Image
  • Jennifer Nelis Real Estate Agent - Coldwell Banker Kinard Realty

    Jennifer Nelis

    Coldwell Banker Kinard Realty

    (423) 401-2463

    105 Total Sales

    1 in Ooltewah

    $360,000 Price

    Jennifer Nelis
     Section Image
  • Cassie Stephens Real Estate Agent - KW Cleveland

    Cassie Stephens

    KW Cleveland

    (423) 250-2910

    133 Total Sales

    6 in Ooltewah

    $60K - $567K Price Range

    Cassie Stephens
     Section Image
  • Carolanne Crisp Real Estate Agent - Weichert Realtors-The Space Place

    Carolanne Crisp

    Weichert Realtors-The Space Place

    (423) 380-1886

    54 Total Sales

    3 in Ooltewah

    $450K - $610K Price Range

    Carolanne Crisp
     Section Image
See All Agents

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
$259,000 Team Title Legal Services Pl
Peak Point Propertis Llc -- Jones Raultons 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 $254,308
Previous Owner Peak Point Propertis Llc $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
02/06/2019 02/06/19 Sold $259,000 0.0% $147 / Sq Ft
02/06/2019 02/06/19 Sold $259,000 0.0% $147 / Sq Ft View Prior Sale
01/04/2019 01/04/19 Pending -- -- --
01/04/2019 01/04/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $259,000 0.0% $147 / Sq Ft
07/02/2018 07/02/18 For Sale $259,000 -- $147 / 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 $1,551 $102,300 $0 $0
2024 $1,661 $74,250 $0 $0
2023 $1,670 $74,250 $0 $0
2022 $1,670 $74,250 $0 $0
2021 $1,670 $74,250 $0 $0
2020 $1,583 $56,925 $0 $0
2019 $1,583 $56,925 $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

  • Ryan May Real Estate Agent - Real Estate Partners Chattanooga LLC

    Seller's Agent in 2019

    Ryan May

    Real Estate Partners Chattanooga LLC

    (423) 667-5922

    529 Total Sales

    Ryan May
    Section Image
  • Diane Burke Real Estate Agent - Real Estate Partners Chattanooga LLC

    Buyer's Agent in 2019

    Diane Burke

    Real Estate Partners Chattanooga LLC

    (423) 774-7703

    231 Total Sales

    Diane Burke
    Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1284232

Greater Chattanooga REALTORS®

APN: 131C-H-001

Tennessee Hamilton County Ooltewah 37363

5575 Little Gem Ln, Ooltewah, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2026 by Chattanooga Association of REALTORS®

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.