NOT LISTED FOR SALE

5581 Abby Grace Loop Unit 4 Chattanooga, TN 37415

Falling Water Neighborhood

Estimated Value: $451,000 - $473,000

3 Beds
2.5 Baths
1,900 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $386,025 $203 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,731/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Covered patio or porch
  • Covered Deck
  • Cooling Available

About This Home

As of November 2021

Millstone Cottages

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 2021

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x119.47
  • Level Lot
  • Irrigation

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Millstone Cottages Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 2021

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2021
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1900
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener, Irrigation System
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Thermostat, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.15
  • Lot Size: 55X119.47
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 882

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Oct 29, 2021
Sold by
Rtb Holdings Llc
Bought by
Mines Timothy Ray and Mines Natashau Mckay
List Price
$386,025
Sold Price
$386,025
Total Days on Market
0
Current Estimated Value
$462,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,376
Avg. Annual Appreciation
5.62%
Original Mortgage
$308,820
Outstanding Balance
$287,058
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,088

Purchase Details

Closed on
Apr 30, 2021
Sold by
Mike Charlie Properties Llc
Bought by
Rtb Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.1%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Mines Timothy Ray $386,025 Warranty Titel Ins Co
Rtb Holdings Llc $88,521 Dba Warranty Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mines Timothy Ray $308,820
Previous Owner Rtb Holdings Llc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $386,025 0.0% $203 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $386,025 -- $203 / 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 $1,849 $82,650 $0 $0
2023 $1,849 $82,650 $0 $0
2022 $1,849 $82,650 $0 $0
2021 $419 $18,750 $0 $0
2020 $484 $17,500 $0 $0
2019 $484 $17,500 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2719893

Realtracs

APN: 099B-F-004