Seller's Agent in 2017
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
(423) 304-6114
26 in this area
1,329 Total Sales
589 Magnolia Vale Dr Chattanooga, TN 37419
Lookout Valley NeighborhoodEstimated Value: $1,505,322 - $1,642,000
5
Beds
6
Baths
5,499
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Clubhouse
- Tennis Courts
- 0.49 Acre Lot
- Den with Fireplace
- Covered Patio or Porch
About This Home
As of November 2017Golf Course and Mountain Views! This stunning 5 bedroom, 4 full and 2 half bath custom home boasts an open floor plan, master suite on the main, a finished daylight basement, fantastic outdoor living spaces, 3 garage bays and is situated on a corner lot overlooking the 18th hole of the Black Creek Golf course just minutes from downtown Chattanooga. You will love the vaulted and beamed ceilings and immediately take note of the abundant natural lighting as soon as you enter the home. The kitchen is open to the breakfast, dining and great room areas with access to a grilling deck, a screened in porch with a fireplace and a covered deck with scenic views of the mountains, making this a wonderful home to entertain small and large gatherings alike. The kitchen has granite countertops, including a raised breakfast bar, center island and built-in buffet, stainless appliances and custom cabinetry. The master suite has double door entry to a nice library or den with a gas fireplace and built-in shelving, a walk-in closet with stackable washer and dryer and a master bath with double vanity, jetted tub and separate shower. There are also 2 additional bedrooms that are adjoined by a Jack and Jill bath and a powder room for guests on this level. The lower level has a spacious family room with a refreshment center and 2nd laundry facility, another half bath, plus 2 additional bedroom suites - one with exterior access to one of 2 rear covered patios and the back yard. Some extras include: home is pre-wired for sound and intercom, recent removal of all wallpaper and freshly painted with neutral colors, new built-in storage and cubbies in the mud room, expansion/renovation of the lower level laundry room and a fantastic new custom organizer system with soft-close doors installed in the garage along with new acrylic floor covering. A truly beautiful home in a scenic and convenient location that you do not want to miss, so please call for additional information and your private showing
Last Agent to Sell the Property
Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239036404 License #255994 Listed on: 09/12/2017
Last Buyer's Agent
Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239036404 License #255994 Listed on: 09/12/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,910
Year Built
- Built in 2002
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 94.94x150.90
- Level Lot
- Irrigation
HOA Fees
- $55 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Stone Siding
Interior Spaces
- Property has 2 Levels
- Wet Bar
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- ENERGY STAR Qualified Windows
- Den with Fireplace
- 3 Fireplaces
- Fire and Smoke Detector
- Property Views
- Finished Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Deck
- Covered Patio or Porch
Schools
- Lookout Valley Elementary School
- Lookout Valley Middle / High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 153E J 008
Community Details
Overview
- Black Creek Chattanooga Subdivision
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2017
Closed on
Nov 6, 2017
Sold by
Aaberg Sheri L and Aaberg Herbert J
Bought by
Melda Aaron P and Melda Jennifer M
Seller's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
List Price
$859,900
Sold Price
$813,000
Premium/Discount to List
-$46,900
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,774
Avg. Annual Appreciation
8.87%
Original Mortgage
$650,400
Outstanding Balance
$547,310
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,028,464
Purchase Details
Listed on
Mar 2, 2016
Closed on
Jul 25, 2016
Sold by
Pickle James C and Pickle Peggy M
Bought by
Aaberg Sheri L and Aaberg Herbert J
Seller's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2012
Sold by
Pickle James C and Pickle Peggy M
Bought by
Pickle James C and Pickle Peggy M
Purchase Details
Closed on
Jan 18, 2006
Sold by
Watson Debbie S
Bought by
Pickle James C and Pickle Peggy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 29, 2003
Sold by
Chapin James I and Chapin Mary E
Bought by
Watson Debbie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,512
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 27, 2002
Sold by
Inman Llc
Bought by
Chapin James I and Chapin Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,000
Interest Rate
2.87%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 14, 2001
Sold by
Cummings Cove Llc
Bought by
Inman Llc
Purchase Details
Closed on
Mar 28, 2001
Sold by
Chapin James L
Bought by
Cummings Cove Llc and Inman Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.02%
Purchase Details
Closed on
Dec 14, 2000
Sold by
Cummings Cove Llc
Bought by
Chapin James I
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melda Aaron P | $613,000 | Cumberland Title & Guaranty | |
| Aaberg Sheri L | $765,000 | Cumberland Title & Guaranty | |
| Pickle James C | -- | None Available | |
| Pickle James C | $790,000 | None Available | |
| Watson Debbie S | $900,000 | -- | |
| Chapin James I | -- | -- | |
| Inman Llc | -- | Legal Title & Escrow Inc | |
| Cummings Cove Llc | -- | Legal Title & Escrow Inc | |
| Chapin James I | $50,000 | Legal Title & Escrow Inc | |
| Cummings Cove Llc | -- | Legal Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melda Aaron P | $650,400 | |
| Previous Owner | Aaberg Sheri L | $417,000 | |
| Previous Owner | Pickle James C | $250,000 | |
| Previous Owner | Pickle James C | $130,000 | |
| Previous Owner | Watson Debbie S | $901,417 | |
| Previous Owner | Watson Debbie S | $250,721 | |
| Previous Owner | Watson David N | $400,000 | |
| Previous Owner | Watson Debbie S | $800,512 | |
| Previous Owner | Chapin James I | $611,000 | |
| Previous Owner | Cummings Cove Llc | $324,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2017 11/06/17 | Sold | $813,000 | -5.5% | $148 / Sq Ft |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- |
| 09/12/2017 09/12/17 | For Sale | $859,900 | +12.4% | $156 / Sq Ft |
| 07/25/2016 07/25/16 | Sold | $765,000 | -3.8% | $147 / Sq Ft |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- |
| 03/02/2016 03/02/16 | For Sale | $795,000 | -- | $152 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $4,797 | $214,400 | $0 | $0 |
| 2023 | $4,797 | $214,400 | $0 | $0 |
| 2022 | $4,797 | $214,400 | $0 | $0 |
| 2021 | $4,797 | $214,400 | $0 | $0 |
| 2020 | $5,564 | $201,225 | $0 | $0 |
| 2019 | $5,564 | $201,225 | $0 | $0 |
| 2018 | $4,708 | $201,225 | $0 | $0 |
| 2017 | $5,564 | $201,225 | $0 | $0 |
| 2016 | $5,400 | $0 | $0 | $0 |
| 2015 | $10,025 | $195,300 | $0 | $0 |
| 2014 | $10,025 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Robinson
Map
Source: Realtracs
MLS Number: 2328553
APN: 153E-J-008
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