NOT LISTED FOR SALE

713 Gatti Ln Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $667,000 - $756,017

4 Beds
2.5 Baths
2,500 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $365,000 $146 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,143/month

24 Days on Market

Highlights

  • Deck
  • Porch
  • Walk-In Closet
  • Wood Flooring
  • 2 Car Attached Garage
  • Cooling Available

About This Home

As of July 2017

Welcome to 713 Gatti Ln, a new construction home located in the Cottages at Normal Park, a pocket community just .4 miles from Normal Park Upper and less than a mile from the Northshore. 713 Gatti was designed with a bright and airy open concept main level. From the dining room, French doors open onto a second story porch, making the pefect atmosphere for meals with friends and family. The kitchen is defined by the large granite-topped breakfast bar while the living room is drenched in light from the windows overlooking the backyard. Upstairs, the luxurious master suite features a sitting area and an en suite bath with a spa-like garden tub.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 2017

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43x100x64x100
  • Sloped Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • The Cottages At Normal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126M G 008.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 2017

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 2500
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Stone, Brick
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Sloped, Other
  • Lot Size Acres: 0.09
  • Lot Size: 43X100X64X100
  • Lot Size Units: Acres
  • Parcel #: 126M G 008.03
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 28, 2017
Sold by
Somerset Partners Of Tn Llc
Bought by
Mcelveen Terry L and Mcelveen Diana K
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Current Estimated Value
$714,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,754
Avg. Annual Appreciation
8.79%
Original Mortgage
$292,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Cottages At Normal Park Llc
Bought by
Somerset Partners Of Tennessee Llc
Source: Public Records

Range of Values:

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Average Value
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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
Mcelveen Terry L $365,000 First Title
Somerset Partners Of Tennessee Llc $270,000 Rlty Title & Escrow Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelveen Terry L $51,000
Open Mcelveen Terry L $285,000
Closed Mcelveen Terry L $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $365,000 -8.8% $146 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $400,000 -- $160 / Sq Ft
Source: Realtracs

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 $2,746 $122,750 $0 $0
2023 $2,746 $122,750 $0 $0
2022 $2,746 $122,750 $0 $0
2021 $2,746 $122,750 $0 $0
2020 $2,556 $92,425 $0 $0
2019 $2,556 $92,425 $0 $0
2018 $2,231 $92,425 $0 $0
2017 $1,441 $100,850 $0 $0
2016 $622 $0 $0 $0
2015 -- $22,500 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2322828

Realtracs

APN: 126M-G-008.03

Tennessee Hamilton County Chattanooga 37405 Northshore

713 Gatti Ln, Chattanooga, TN

This home is located at 713 Gatti Ln, Chattanooga, TN 37405 since 24 April 2017 and is currently estimated at $714,754, approximately $285 per square foot. This property was built in 2017. 713 Gatti Ln is a home located in Hamilton County with nearby schools including Normal Park Museum Magnet School, Red Bank High School, and The Bright School.

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