NOT LISTED FOR SALE

7047 Luther Trail Ooltewah, TN 37363

Estimated Value: $162,000 - $179,000

1 Bed
1 Bath
640 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $175,000 $273 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $963/month

1 Day on Market

Highlights

  • RV Hookup
  • 0.99 Acre Lot
  • Ridge View
  • Wallace A. Smith Elementary School Rated A-
  • Open Floorplan
  • Wooded Lot

About This Home

As of January 2025

Welcome to this charming updated 1 bedroom, 1 bathroom house. Step inside to find a beautifully renovated interior with an open floor plan and modern finishes throughout. This property features a 15x8 insulated shed that is perfect for storage or as a workshop. This shed is equipped with air conditioning and electric, making it a versatile space for any hobbyist. Additionally, a new survey was completed in 11/2024, providing peace of mind for the new owner. Whether you are looking for a starter home, looking to downsize, or potential rental income, this could be the perfect house for you!

Last Agent to Sell the Property

Darren Miller

EXP Realty LLC License #332611 Listed on: 12/02/2024

EXP Realty LLC

Last Buyer's Agent

Frank Trimble

Keller Williams Realty License #314654

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $389

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 354x161x359x161
  • Property fronts an easement
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

Property Views

  • Ridge
  • Mountain
  • Rural

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

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

Parking

  • Gravel Driveway
  • RV Hookup

Outdoor Features

  • Shed
  • Rain Gutters
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 113i B 006.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$389

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.99
  • Lot Size: 354x161x359x161
  • Road Frontage Type: Easement
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: From I-75 N, take exit 11 in Ooltewah. Left onto Lee Hwy. Left onto Hunter Rd. Left onto Luther Tr. House is on the right.
  • Above Grade Finished Sq Ft: 640.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 640.0
  • New Construction: No
  • Year Built: 1983
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 113i B 006.03
  • 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: 389.34
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 640.0
  • 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: 0.99
  • General Property Information Lot Size Square Feet2: 43124.4
  • General Property Information Lot Size Dimensions: 354x161x359x161
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Laundry Room: Yes
  • Other Structures:Shed(s): Yes
  • Laundry Features:Main Level: Yes
  • Lot Features Rural: Yes
  • Road Surface Type Gravel2: Yes
  • View Rural2: Yes
  • View:Ridge: Yes
  • Road Frontage Type:Easement: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Water Heater, Dryer, Disposal, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Appliances Dishwasher: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Rural, Sloped, Wooded
  • View: Mountain(s), Ridge, Rural
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Rain Gutters, RV Hookup
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Rain Gutters: Yes
  • Exterior Features:RV Hookup: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • 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

  • 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: 43124.4
  • Additional Parcels: No
  • Parcel #: 113i B 006.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 389.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Nancy Shockey
Bought by
Scott Traci L
Current Estimated Value
$170,918

Purchase Details

Listed on
Jul 23, 2015
Closed on
Sep 29, 2015
Sold by
Fannie Mae
Bought by
Shockey Nancy
Seller's Agent
Rolanda Pullen
Coldwell Banker Pryor Realty
Buyer's Agent
Rolanda Pullen
Coldwell Banker Pryor Realty
List Price
$59,500
Sold Price
$28,000
Premium/Discount to List
-$31,500
-52.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%

Purchase Details

Closed on
May 28, 2015
Sold by
Walker Johnny D and Long Christopher Todd
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2001
Sold by
Bank One National Assn
Bought by
Walker Johnny and Long Christopher Todd

Purchase Details

Closed on
Feb 8, 2001
Sold by
Gary Phillips and Phillips Donna
Bought by
Bank One National Assn and First National Bank Of Chicago

Purchase Details

Closed on
May 7, 1996
Sold by
Gary Phillips
Bought by
Gary Phillips
Source: Public Records

Range of Values:

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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
Scott Traci L $150,000 Realty Title Escrow Services,
Shockey Nancy $28,000 None Available
Federal National Mortgage Association $33,500 None Available
Walker Johnny $25,000 --
Bank One National Assn $8,197 --
Gary Phillips -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Johnny D $64,000
Previous Owner Phillips Garry $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $175,000 0.0% $273 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $175,000 +525.0% $273 / Sq Ft
09/29/2015 09/29/15 Sold $28,000 -52.9% $42 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $59,500 -- $89 / 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 $380 $17,000 $0 $0
2023 $389 $17,000 $0 $0
2022 $389 $17,000 $0 $0
2021 $389 $17,000 $0 $0
2020 $440 $15,575 $0 $0
2019 $440 $15,575 $0 $0
2018 $440 $15,575 $0 $0
2017 $440 $15,575 $0 $0
2016 $416 $0 $0 $0
2015 $416 $14,725 $0 $0
2014 $416 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1503710

Greater Chattanooga REALTORS®

APN: 113I-B-006.03