NOT LISTED FOR SALE

Estimated Value: $982,000 - $1,207,000

-- Bed
4 Baths
2,912 Sq Ft
$392/Sq Ft Est. Value

About This Home

This home is located at 7055 Arbury Way Unit 86, Ooltewah, TN 37363 and is currently estimated at $1,141,186, approximately $391 per square foot. 7055 Arbury Way Unit 86 is a home located in Hamilton County with nearby schools including Ooltewah Elementary School, Hunter Middle School, and Ooltewah High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Vollberg Carlton Mark and Vollberg Deborah Rhodes
Bought by
Lockwood Gerald Paul and Lockwood Rebecca Jean
Current Estimated Value
$1,141,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Outstanding Balance
$388,251
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$626,163

Purchase Details

Closed on
Sep 22, 2020
Sold by
Barry Payne Homes Llc
Bought by
Vollberg Carlton Mark and Vollberg Deborah Rhodes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,950
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2019
Sold by
Barry Payne Development Llc
Bought by
Barry Payne Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.7%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lockwood Gerald Paul $1,215,000 First Choice Title
Vollberg Carlton Mark $663,099 First Choice Title Inc
Barry Payne Homes Llc $305,000 First Choise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Rebecca Jean $250,000
Open Lockwood Gerald Paul $394,000
Previous Owner Vollberg Carlton Mark $300,000
Previous Owner Vollberg Carlton Mark $299,950
Previous Owner Barry Payne Homes Llc $480,000
Previous Owner Barry Payne Development Llc $2,295,000
Source: Public Records

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 $3,697 $165,250 $0 $0
2023 $3,706 $165,250 $0 $0
2022 $3,706 $165,250 $0 $0
2021 $3,706 $165,250 $0 $0
2020 $2,456 $25,000 $0 $0
2019 $691 $25,000 $0 $0
2018 $691 $25,000 $0 $0
2017 $130 $25,000 $0 $0
Source: Public Records

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