Seller's Agent in 2020
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
(423) 413-4507
2 in this area
697 Total Sales
707 Mount Olive Rd Lookout Mountain, GA 30750
Hinkles NeighborhoodEstimated Value: $1,211,126 - $1,838,000
8
Beds
8
Baths
6,816
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Home fronts a pond
- Deck
- Fairyland Elementary School Rated A-
- 11.7 Acre Lot
- Living Room with Fireplace
About This Home
As of October 2020Welcome to 707 Mount Olive Road atop desirable Lookout Mtn in the ideal location: 3 mins. from popular Lula Lake Land Trust and 25 mins. to Downtown Chattanooga. This spacious home is unmatched in size, opportunities, and appeal: 6,800+ square feet, 11.7 acres, pond, pool, barn, 700+ feet of creek frontage in a quiet mountaintop setting. Horses, livestock, and a robust vegetable garden would thrive here. Multiple living spaces, expansive kitchen with two refrigerators and ovens, entertaining spaces and even an income-producing apartment with separate entrance offer plenty of room for everyone. Basement with kitchenette and playroom offers another level of living space. Expansive deck and covered porch overlooks the in-ground pool with automated cover, lush backyard, and fenced side yard. Two-level barn and pond are easily accessible to the home. Classic white fence along the property with gated circular driveway provides plenty of room for friends and family. A 5-minute hike brings you to a peaceful escape: quiet Rock Creek borders the rear property line on its way to Lula Falls. Hours of play or rest can be found here. Enjoy an afternoon picnic along the rock formations or camp on the cleared banks. Property has two septic tanks and a 17 kW automatic generator with 500 gallon propane tank. (Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property.)
Last Agent to Sell the Property
Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 08/02/2019
Last Buyer's Agent
Greater Downtown Realty dba Keller Williams Realty License #279522,294185
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,778
Year Built
- Built in 1990
Lot Details
- 11.7 Acre Lot
- Home fronts a pond
- Sloped Lot
- Wooded Lot
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 6,816 Sq Ft Home
- Property has 3 Levels
- Gas Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Finished Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
Outdoor Features
- In Ground Pool
- Deck
- Patio
- Porch
Schools
- Ridgeland High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0006 016C
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2019
Closed on
Oct 26, 2020
Sold by
Wharton David R
Bought by
Manson Tim Joseph and Manson Schuyler Latrobe
Seller's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$899,000
Sold Price
$894,000
Premium/Discount to List
-$5,000
-0.56%
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
$607,375
Avg. Annual Appreciation
8.46%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2005
Sold by
Mcdonald Timothy
Bought by
Wharton David R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 1996
Sold by
Gravitt Cecil C and Gravitt Susan
Bought by
Mcdonald Timothy
Purchase Details
Closed on
Jan 11, 1990
Sold by
Wheeler John L and Wheeler Ilene
Bought by
Gravitt Cecil C and Gravitt Susan
Purchase Details
Closed on
Jan 1, 1972
Bought by
Wheeler John L and Wheeler Ilene
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 |
|---|---|---|---|
| Manson Tim Joseph | $894,000 | -- | |
| Wharton David R | $785,000 | -- | |
| Mcdonald Timothy | -- | -- | |
| Gravitt Cecil C | $13,000 | -- | |
| Wheeler John L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manson Tim Joseph | $545,000 | |
| Closed | Manson Tim Joseph | $510,400 | |
| Closed | Manson Tim Joseph | $294,111 | |
| Previous Owner | Wharton David R | $245,000 | |
| Previous Owner | Wharton David R | $300,000 | |
| Previous Owner | Wharton David R | $231,000 | |
| Previous Owner | Wharton David R | $500,000 | |
| Previous Owner | Wharton David R | $163,000 | |
| Previous Owner | Wharton David R | $222,000 | |
| Previous Owner | Wharton David R | $254,345 | |
| Previous Owner | Wharton David R | $300,000 | |
| Previous Owner | Wharton Stephanie H | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2020 10/26/20 | Sold | $894,000 | -0.6% | $131 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | For Sale | $899,000 | -- | $132 / 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 | $10,406 | $482,798 | $20,070 | $462,728 |
| 2023 | $10,272 | $466,876 | $17,920 | $448,956 |
| 2022 | $9,653 | $398,275 | $8,752 | $389,523 |
| 2021 | $8,953 | $338,072 | $8,752 | $329,320 |
| 2020 | $7,238 | $256,205 | $8,752 | $247,453 |
| 2019 | $7,375 | $256,205 | $8,752 | $247,453 |
| 2018 | $6,779 | $256,205 | $8,752 | $247,453 |
| 2017 | $3,341 | $130,814 | $8,752 | $122,062 |
| 2016 | $3,341 | $131,230 | $8,752 | $122,478 |
| 2015 | $3,959 | $147,022 | $6,292 | $140,730 |
| 2014 | $3,774 | $147,022 | $6,292 | $140,730 |
| 2013 | $3,461 | $147,021 | $6,292 | $140,729 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Henon
-
Katherine Smith
Buyer's Agent in 2020
Katherine Smith
Greater Downtown Realty dba Keller Williams Realty
(423) 228-0229
3 in this area
301 Total Sales
Map
Source: Realtracs
MLS Number: 2338502
APN: 0006-016C
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