NOT LISTED FOR SALE

5620 Landrum Dr Ooltewah, TN 37363

Estimated Value: $348,000 - $377,000

3 Beds
2 Baths
2,032 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $342,000 $168 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,064/month

12 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Level Lot
  • 2 Car Attached Garage
  • Central Heating
  • Vinyl Flooring

About This Home

As of October 2023

**Charming 2 Bedroom Home + In-Progress 1 Bed Apartment - Customize to Your Heart's Desire!**

Welcome to this delightful 2 bedroom, 1 bath abode, seamlessly blending timeless character with exciting opportunities for personalization. The main living areas have been tastefully redone, setting the stage for you to design and craft the kitchen of your dreams.

Attached to the main home is a 1 bedroom, 1 bath apartment, currently undergoing a transformation. The exciting part? The seller already has a significant selection of materials and items on site - they're just waiting for your creative touch to bring it all together. This space is perfect for those looking to inject their own flair and finish a renovation project. You could easily turn this into a luxurious primary suite as well.

The apartment isn't just an opportunity for customization - it's also a potential income stream! With its separate entrance and facilities, it's primed to be an income-producing rental or an Airbnb hotspot.

In summary:
- Main Home: 2 beds, 1 bath with refreshed living spaces and kitchen-ready for customization.
- In-Progress Apartment: 1 bed, 1 bath with a majority of remodeling items provided.
- An ideal chance for additional income.

Dive into this unique opportunity to own, customize, and potentially profit from this dual-living property. Don't miss out!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,032 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Den with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Wolftever Creek Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Edgemont Unit 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141G A 022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,966

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Attribution Contact: 4235555555
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Fireplace Features: Den, Gas, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2032
  • Building Area Units: Square Feet
  • Living Area: 2032
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Other
  • Pool Private: No
  • Roof: Asphalt
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • 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
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size: 92.0X149.0IRR
  • Lot Size Units: Acres
  • Parcel #: 141G A 022
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1966

MLS Schools

  • Elementary School: Wolftever Creek Elementary School
  • High School: Ooltewah High School
  • Middle Or Junior School: Ooltewah Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 13, 2023
Sold by
Fluence Joseph K and Fluence Sheryl
Bought by
Kovtun Tatyana
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Views
100
Current Estimated Value
$363,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,036
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jul 19, 2019
Sold by
Starr Mitchell G and Starr Miranda L
Bought by
Fulence Joseph K and Fluence Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,610
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 28, 2018
Sold by
Marsh Andrew T
Bought by
Starr Mitchell G and Starr Miranda L
Seller's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
Buyer's Agent
Wendy Dixon
Greater Chattanooga Realty, Keller Williams Realty
List Price
$225,000
Sold Price
$214,000
Premium/Discount to List
-$11,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$206,857
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 6, 2016
Sold by
Meinhardt Stephen M and Meinhardt Genny W
Bought by
Marsh Andrew T
Seller's Agent
Darwin White
Heritage Homes & Lands
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$155,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
King Roger S
Bought by
Meinhardt Stephen M and Meinhardt Genny W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 2006
Sold by
Reeves Sarah Jane King
Bought by
King Mary S and King Roger S

Purchase Details

Closed on
Jan 23, 2001
Sold by
King Mary S and King Roger S
Bought by
King Mary S and Mary S King Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kovtun Tatyana $342,000 First Choice Title
Fulence Joseph K $216,000 First Choice Title Inc
Starr Mitchell G $214,000 Foundation Title & Escrow Ll
Marsh Andrew T $160,000 First Choice Title Inc
Meinhardt Stephen M $138,400 Chattanooga Title Inc
King Mary S -- None Available
King Mary S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fluence Joseph K $201,200
Previous Owner Fulence Joseph K $206,610
Previous Owner Starr Mitchell G $206,857
Previous Owner Marsh Andrew T $155,200
Previous Owner Meinhardt Stephen M $33,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $342,000 -2.3% $168 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $350,000 +63.6% $172 / Sq Ft
06/28/2018 06/28/18 Sold $214,000 -4.9% $105 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $225,000 +40.6% $110 / Sq Ft
05/09/2016 05/09/16 Sold $160,000 -3.0% $78 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $165,000 -- $81 / 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 $1,207 $53,950 $0 $0
2023 $2,052 $53,950 $0 $0
2022 $1,966 $53,950 $0 $0
2021 $1,966 $53,950 $0 $0
2020 $2,043 $46,075 $0 $0
2019 $2,043 $46,075 $0 $0
2018 $1,613 $39,850 $0 $0
2017 $1,613 $39,850 $0 $0
2016 $1,481 $0 $0 $0
2015 $1,481 $35,575 $0 $0
2014 $1,481 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2979000

Realtracs

APN: 141G-A-022