NOT LISTED FOR SALE

Estimated Value: $597,000 - $829,000

5 Beds
3.5 Baths
3,348 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $535,000 $160 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,914/month

109 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Fishing
  • 6.5 Acre Lot
  • Deck

About This Home

As of January 2022

Lake life on Lookout Mountain! Come see this incredible 5 BR 3.5 BA (total) cabin beautifully situated on the peninsula. About 6.5 acres on a double lot. This home features an open great room with cathedral ceiling and views of the lake through a wall of windows. Decks, screened porch, and private dock on the stocked lake are essential for enjoying the peace and serenity. Upgraded conveniences include a heated/cooled two car garage, quartz countertops and fiber optic internet. Lookout Highlands is a 1500 acre gated community with hiking trails, lakes and a nature preserve. It is conveniently located about 35 minutes from Chattanooga and just minutes from Cloudland Canyon State Park and is adjacent to The McLemore, an upscale resort and private golf course.

Last Agent to Sell the Property

Pate Stevens

NOT A VALID MEMBER License #384268 Listed on: 09/09/2021

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1997

Lot Details

  • 6.5 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,348 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Wood Flooring
  • Crawl Space
  • Security Gate

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Dade Elementary And Middle School
  • Dade County High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1F
  • Assessor Parcel Number 02800072FL1

Community Details

Overview

  • Property has a Home Owners Association
  • Lhha Association
  • Lookout Highlands Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1997

Lot Details

6.5 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3348.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Speed Internet
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 3348.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • View: Lake, Mountain(s)
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Fishing, Gated, Homeowners Assoc, Lake
  • Master Association Fee Frequency: Annually
  • Management Company Email: LHHA@lookouthighland.com
  • Subdivision Complex: Lookout Highlands

Association/Amenities

  • Management Company: LHHA

Lot Info

  • Acres: 6.5000
  • Lot: 1F
  • Lot Dimensions: X
  • Parcel Number: 02800072FL1
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2877.00
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Dade
  • High School: Dade County
  • Middle School: Dade

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Jan 25, 2022
Sold by
Wood Bobby T
Bought by
Montague Joy H and Montague Dwight P
Seller's Agent
Pate Stevens
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Current Estimated Value
$690,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,212
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Mar 30, 2004
Sold by
Yerbey Gary S
Bought by
Wood Bobby T

Purchase Details

Closed on
May 19, 1995
Sold by
Mcgee George
Bought by
Yerbey Gary S

Purchase Details

Closed on
Oct 20, 1993
Sold by
Lookout Atlantis Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montague Joy H $535,000 --
Wood Bobby T $272,000 --
Yerbey Gary S $28,000 --
-- $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $535,000 -7.0% $160 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $575,000 -- $172 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $4,293 $200,184 $50,000 $150,184
2024 $4,293 $195,144 $50,000 $145,144
2023 $4,218 $188,388 $50,000 $138,388
2022 $3,720 $167,588 $50,000 $117,588
2021 $3,327 $148,620 $50,000 $98,620
2020 $2,504 $107,300 $16,000 $91,300
2019 $2,103 $89,260 $16,000 $73,260
2018 $2,142 $89,260 $16,000 $73,260
2017 $2,142 $89,260 $16,000 $73,260
2016 $2,119 $88,676 $16,000 $72,676
2015 $2,071 $88,676 $16,000 $72,676
2014 -- $89,728 $16,000 $73,728
2013 -- $92,528 $16,000 $76,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6941780

First Multiple Listing Service (FMLS)

APN: 028-00-072-FL1

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