$492,000
SOLD NOV 22, 2024

7015 Luke Ln Ooltewah, TN 37363

3 Beds
2 Baths
3,213 Sq Ft
3.53 Acres

Recently Sold

$153 Per Sq Ft

4% Above List Price

13 Days on Market

Highlights

  • Additional Residence on Property
  • Barn
  • 3.53 Acre Lot
  • Wallace A. Smith Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of November 2024

Experience the charm of 7015 Luke Lane, a unique estate featuring a spacious main house, a guest house, and a versatile 30x40 workshop. The 3,213 sq. ft. main home offers a thoughtful layout, including an in-law suite in the walk-out basement with its own kitchen, bathroom, bedroom, and bonus room perfect for an office or hobby space. On the main floor, you'll find two bedrooms with a Jack and Jill bathroom, a large kitchen, a separate dining room, and a cozy living room complete with a beautiful fireplace. Step outside to a sprawling wood deck, perfect for enjoying the scenic surroundings. Recent updates, including new gutters and windows, ensure a fresh, modern feel throughout the home.

The 1,467 sq. ft. guest house is perfect for extended family or rental income, offering privacy and comfort for visitors or tenants.

Set on 3.5 acres, the property also features a 30x40 workshop with its own utilities and a two-level pole barn that provides additional storage or potential project space. The prime location, just minutes from Harrison Bay State Park, offers beautiful mountain views and easy access to outdoor recreation. With upgrades including a new roof, windows, HVAC system, and a recently refurbished deck, this move-in ready property is priced $160,000 below its recent appraisal, making it an exceptional value. Schedule your showing today and discover all the possibilities this one-of-a-kind estate has to offer.

Last Agent to Sell the Property

Wade Trammell

Keller Williams Realty License #367743 Listed on: 09/27/2024

Keller Williams Realty

Last Buyer's Agent

Chrissy Seals

Keller Williams Realty License #360257

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,127

Year Built

  • Built in 1976

Lot Details

  • 3.53 Acre Lot
  • Lot Dimensions are 300x399.3
  • Level Lot
  • Cleared Lot
  • Private Yard
  • Additional Parcels

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Block And Beam Construction

Interior Spaces

  • Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Down Draft Cooktop
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Additional Residence on Property
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 113 018.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,127

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.53
  • Lot Size: 300X399.3
  • Road Frontage Type: None
  • Road Surface Type: Asphalt
  • Subdivision Name: None
  • Directions: North on Highway 58 Right on Hunter Road Right on Luke Lane Property will be the next to the last on Luke Lane, on the right side.
  • Above Grade Finished Sq Ft: 1840.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 3213.0
  • New Construction: No
  • Structure Type: House
  • Year Built: 1976
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 113 018.01
  • 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: Central High School
  • Location Tax and Legal:Tax Annual Amount: 1126.58
  • Location Tax and Legal Additional Parcels YN: Yes
  • General Property Information Above Grade Finished Area: 1840.0
  • General Property Information Below Grade Finished Area: 1373.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 3.53
  • General Property Information Lot Size Square Feet2: 153766.8
  • General Property Information Lot Size Dimensions: 300X399.3
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Block2: Yes
  • View:Mountain(s): Yes
  • Architectural Style Ranch: Yes
  • View TreesWoods: Yes
  • Structure Type:House: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Other Structures:Workshop: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures Second Residence: Yes
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Gas Water Heater, Down Draft, Disposal
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1373.0
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bar, Ceiling Fan(s), Eat-in Kitchen, Pantry, Tub/shower Combo
  • ResoLivingAreaSource: Appraiser
  • Appliances:Trash Compactor: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Appliances:Down Draft: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • InteriorFeatures:Bar: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Gentle Sloping, Level, Sloped
  • Pool Features: None
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Brick
  • Exterior Features: Private Yard, Rain Gutters
  • Foundation Details: Block
  • Other Structures: Barn(s), Second Residence, Workshop
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Block: Yes
  • Exterior Features:Rain Gutters: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Wallace A. Smith Elementary
  • High School: Central High School
  • Middle Or Junior School: Hunter Middle

Lot Info

  • Lot Size Sq Ft: 153766.8
  • Additional Parcels Description: 113 018.05
  • Additional Parcels: Yes
  • Parcel #: 113 018.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1126.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 22, 2024
Sold by
Bell Randall A and Bell Stacy N
Bought by
Woods Darnell and Woods Lauren
Seller's Agent
Wade Trammell
Keller Williams Realty
Buyer's Agent
Chrissy Seals
Keller Williams Realty
List Price
$475,000
Sold Price
$492,000
Premium/Discount to List
$17,000
3.58%
Total Days on Market
13
Views
36
Current Estimated Value
$486,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,846
Avg. Annual Appreciation
-2.23%
Original Mortgage
$483,088
Outstanding Balance
$481,306
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$4,848

Purchase Details

Closed on
Apr 2, 2014
Sold by
Bell Randall A
Bought by
Bell Ii Randall A and Bell Stacy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1997
Sold by
Bell Ezra R and Bell Bulah
Bought by
Bell Ii Randall A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $492,000 Foundation Title
Warranty Deed $492,000 Foundation Title
Warranty Deed $55,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $483,088 FHA
Closed $483,088 FHA
Previous Owner $100,001 New Conventional
Previous Owner $41,250 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $61,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $492,000 +3.6% $153 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $475,000 -- $148 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,109 $49,550 $0 $0
2023 $1,127 $49,550 $0 $0
2022 $1,127 $49,550 $0 $0
2021 $1,118 $49,550 $0 $0
2020 $859 $30,725 $0 $0
2019 $859 $30,725 $0 $0
2018 $859 $30,725 $0 $0
2017 $859 $30,725 $0 $0
2016 $821 $0 $0 $0
2015 $821 $29,375 $0 $0
2014 $821 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1500638

Greater Chattanooga REALTORS®

APN: 113-018.01