NOT LISTED FOR SALE

Estimated Value: $635,000 - $667,000

4 Beds
2.5 Baths
2,183 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $495,000 $227 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,781/month

17 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • High Ceiling
  • Deck
  • Main Floor Primary Bedroom
  • Granite Countertops

About This Home

As of June 2021

725 Gatti Ln Lovely No Chattanooga Living! Normal Park schools & at 1 mi to the river! Home boast 4 bedrooms & 2.5 baths built 2016. The first floor is full of light w/ an open concept design, beautiful hardwoods, crown molding & stacked stone fireplace for gas logs opens to a lovely kitchen w/ stainless appliances, gas stove, granite countertops, and tile flooring. Additional space on the private rear deck. Main floor has a bedroom and half bath. 2nd floor features a master bedroom w/a trey ceiling, two walk in closets, double vanities, soaker tub, & separate shower. Two more bedrooms this floor with a bathroom that jack and jill's one bedroom and the hall. (House plans show sq, feet at 2150/tax records show 2183). Enjoy everything North Chattanooga offers from this fantastic home! Seller is SIRVA Relocation LLC. Sirva business policy is to require at least 2% of purchase price in Earnest Money.

Last Agent to Sell the Property

Jennifer Newton

Crye-Leike, REALTORS License #268704 Listed on: 05/18/2021

Crye-Leike, REALTORS

Last Buyer's Agent

Tim Carter

Keller Williams Realty License #292248

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 2016

Lot Details

  • 4,300 Sq Ft Lot
  • Lot Dimensions are 38.16x100.13
  • Sloped Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • The Cottages At Normal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126m G 008.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,897

Year Built

Built in 2016

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 38.16X100.13
  • Subdivision Name: The Cottages at Normal Park
  • Directions: From DT take North Market St North about 1/2 mile from Publix turn L onto Gatti Ln. Home is on the left. (North Market turns into Dallas...)
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2183.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2016
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 126m G 008.05
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal Middle Or Junior School2: Normal Park Upper
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 4897.24
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 0.09
  • General Property Information Lot Size Square Feet2: 4300.0
  • General Property Information Lot Size Dimensions: 38.16X100.13
  • General Property Information View YN2: No
  • 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
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Interior Features Separate Shower: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Free-Standing Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Primary Downstairs, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Window Features: Insulated Windows, Vinyl Frames
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Partial: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Lot Features: Sloped, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Split Possible: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 4300.0
  • Additional Parcels: No
  • Parcel #: 126m G 008.05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4897.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Bailey Jernigan Jr John
Bought by
Revocable Trust
Current Estimated Value
$656,258

Purchase Details

Listed on
May 18, 2021
Closed on
May 28, 2021
Sold by
Arkin Melissa W
Bought by
Jernigan John
Seller's Agent
Jennifer Newton
Crye-Leike, REALTORS
Buyer's Agent
Tim Carter
Keller Williams Realty
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Listed on
Apr 24, 2017
Closed on
Aug 31, 2017
Sold by
Somerset Partners Of Tennessee Llc
Bought by
Arkin Melissa W
Buyer's Agent
Kim Coulter
Greater Downtown Realty dba Keller Williams Realty
List Price
$379,700
Sold Price
$350,600
Premium/Discount to List
-$29,100
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$280,480
Interest Rate
3.96%
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
Revocable Trust -- None Listed On Document
Jernigan John $495,000 Stewart Title Guaranty Co
Arkin Melissa W $350,600 Cumberland Title & Guaranty
Somerset Partners Of Tennessee Llc $270,000 Rlty Title & Escrow Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arkin Melissa W $267,000
Previous Owner Arkin Melissa W $280,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $495,000 -3.9% $227 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $515,000 +46.9% $236 / Sq Ft
08/31/2017 08/31/17 Sold $350,600 -7.7% $163 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $379,700 -- $177 / 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 $2,810 $125,600 $0 $0
2023 $2,810 $125,600 $0 $0
2022 $2,810 $125,600 $0 $0
2021 $2,810 $125,600 $0 $0
2020 $2,686 $97,125 $0 $0
2019 $2,686 $97,125 $0 $0
2018 $2,338 $97,125 $0 $0
2017 $2,686 $97,125 $0 $0
2016 $622 $0 $0 $0
2015 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1336206

Greater Chattanooga REALTORS®

APN: 126M-G-008.05