NOT LISTED FOR SALE

Estimated Value: $1,158,000 - $2,284,000

7 Beds
4.5 Baths
7,579 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $2,040,000 $269 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $10,813/month

67 Days on Market

Highlights

  • Heated In Ground Pool
  • Lake On Lot
  • Open Floorplan
  • Nolan Elementary School Rated A-
  • 8.55 Acre Lot
  • Deck

About This Home

As of November 2023

It is not every day that such an amazing property comes on the market. Presenting 727 Olsen Ave on Signal Mountain offering 8.55 +/- lush and private acres, a beautiful pond, a spacious 7+ bedroom, 4.5 bath home, an in-ground heated pool and a detached 4 bay garage. While it feels like you are worlds away, you are just minutes from schools and shopping and only 20-25 minutes from downtown Chattanooga. As soon as you enter the grounds and see the pond to your left and the main house in the clearing, you will immediately fall in love with this beautiful property and setting. The main house is equally as impressive with many desirable features, including a Hardie and stone exterior, multiple outdoor living spaces, hardwoods and tile, arched doorways, crown molding, spacious rooms, gourmet kitchen, master on the main, 2 sunrooms, fresh paint, new carpet, fantastic storage, overflow parking and a half basketball court between the house and garage - just to name a few. Your tour begins with the dedicated foyer that opens to a large gathering room with a mountain stone fireplace and French doors to the larger of 2 sunrooms. An arched doorway leads to the living room which adjoins the formal dining room. The kitchen is open to a large breakfast room and has access to a rear patio with the pool, a firepit with a gas starter and the original charcoal grill beyond - perfect for indoor to outdoor dining and entertaining. The well-appointed kitchen has an oversized center island with dining bar, granite countertops, a brick and stone arch with the 6-burner gas range and microwave, custom cabinetry with pull-out drawers, a built-in desk, a walk-in pantry, and access to the laundry room. A hallway leads to the powder room, the fantastic vaulted screened porch, and the half flight of steps up to the oversized bonus/family room with an additional mountain stone fireplace. The primary suite is on the other side of the house, along with a full guest bath, an office or nursery and a second office - the latter of which is directly accessible from the primary bedroom. The primary bedroom also has a private sunroom and primary bath with travertine tile, separate vanities, jetted tub, a shower with tile and glass surround and a nice bench seat, as well as a large walk-in closet. There are 2 sets of stairs on either side of the gathering room that lead to separate guest bedroom wings. Each wing has 3 bedrooms and a full hall bath with separate vanities, tub, and separate shower. Amazing walk-out attic storage adjoins both wings. Simply an amazing opportunity for the discerning buyer seeking a quality home in a desirable location with the kind of privacy that only acreage can truly provide. Please call for more information and to schedule your private showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Last Agent to Sell the Property

Jay Robinson

Keller Williams Realty License #255994 Listed on: 08/30/2023

Keller Williams Realty

Last Buyer's Agent

Laine Mitchell

Keller Williams Realty License #343309

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,147

Year Built

  • Built in 1972

Lot Details

  • 8.55 Acre Lot
  • Level Lot
  • Wooded Lot
  • Additional Parcels

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 7,579 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room with Fireplace
  • Bonus Room
  • Screened Porch
  • Walk-In Attic

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Pond
  • Lake On Lot
  • Deck
  • Patio

Schools

  • Nolan Elementary School
  • Signal Mountain Middle School
  • Signal Mtn High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association
  • Walden Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 089 042, 089 042.04 & 089 042.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,147

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.55
  • Lot Size: 8.55
  • Subdivision Name: Walden Woods
  • Directions: Taft Hwy North, right on Fairmont Pike, right on Olsen Ave., Home is on the left. Entry is flanked by stone columns.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 7579.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1972
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 089 042, 089 042.04 & 089 042.05
  • Location Tax and Legal Elementary School: Nolan Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Signal Mtn
  • Location Tax and Legal:Tax Annual Amount: 7146.97
  • Location Tax and Legal Additional Parcels YN: Yes
  • 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: 8.55
  • General Property Information Lot Size Square Feet2: 372438.0
  • General Property Information Lot Size Dimensions: 8.55
  • 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 Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: 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
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Attached Carport YN2: No
  • Cooling:Multi Units: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Sitting Area: Yes
  • Pool Features In Ground: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Interior Features Breakfast Room: Yes
  • Pool Features:Heated: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Gas Range, Electric Water Heater, Double Oven, Disposal, Dishwasher, Convection Oven
  • Has Basement: Crawl Space, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Den, Family Room, Gas Log, Gas Starter, Great Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Room, Central Vacuum, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Sitting Area, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Appraiser
  • Basement:Unfinished: Yes
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes
  • Fireplace Features:Gas Starter: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Lake On Lot, Level, Pond On Lot, Wooded
  • Pool Features: Heated, In Ground
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Pond On Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Garage Faces Side, Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Nolan Elementary
  • High School: Signal Mtn
  • Middle Or Junior School: Signal Mountain Middle

Lot Info

  • Lot Size Sq Ft: 372438.0
  • Additional Parcels: Yes
  • Parcel #: 089 042, 089 042.04 & 089 042.05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7146.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 16, 2023
Sold by
Davis Kenneth L and Davis Lisa
Bought by
Callaghan Thomas and Callaghan Kari
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Laine Mitchell
Keller Williams Realty
List Price
$2,885,000
Sold Price
$2,040,000
Premium/Discount to List
-$845,000
-29.29%
Views
178
Current Estimated Value
$1,898,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,809
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,224,000
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 5, 2011
Sold by
Crm Central Properties Llc
Bought by
Davis Kenneth L and Davis Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2010
Sold by
Smith H Edward and Smith Jan Sutton
Bought by
Crm Central Properties Llc

Purchase Details

Closed on
Nov 15, 2006
Sold by
Smith Edward and Smith Jan Sutton
Bought by
Buchanan Dale L and Buchanan Laurie A

Purchase Details

Closed on
May 9, 2006
Sold by
Albritton John T and Albritton Wanda Sue H
Bought by
Smith H Edward and Smith Jan Sutton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.28%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 15, 2001
Sold by
Albritton John T and Albritton Wanda Sue H
Bought by
Williams Timothy M

Purchase Details

Closed on
May 3, 2000
Sold by
Albritton John T and Albritton Wanda Sue
Bought by
Clements Adam J and Clements Anne G
Source: Public Records

Range of Values:

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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
Callaghan Thomas $2,040,000 Cumberland Title & Guaranty
Davis Kenneth L $660,000 Pioneer Title Agency Inc
Crm Central Properties Llc $856,846 None Available
Buchanan Dale L $210,000 Pioneer Title Agency Inc
Smith H Edward $925,000 None Available
Williams Timothy M $22,800 --
Clements Adam J $22,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callaghan Thomas $1,186,000
Closed Callaghan Thomas $1,224,000
Previous Owner Davis Kenneth L $200,000
Previous Owner Smith H Edward $1,000,000
Previous Owner Albritton John T $550,000
Previous Owner Albritton John T $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $2,040,000 -11.3% $269 / Sq Ft
10/08/2023 10/08/23 Off Market $2,300,000 -- --
08/30/2023 08/30/23 Price Changed $2,300,000 -20.3% $303 / Sq Ft
07/26/2023 07/26/23 For Sale $2,885,000 -- $381 / 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 $5,892 $263,375 $0 $0
2023 $7,147 $258,125 $0 $0
2022 $7,147 $258,125 $0 $0
2021 $7,147 $258,125 $0 $0
2020 $6,604 $195,925 $0 $0
2019 $6,408 $195,925 $0 $0
2018 $6,212 $195,925 $0 $0
2017 $6,173 $195,925 $0 $0
2016 $5,809 $0 $0 $0
2015 $5,809 $181,850 $0 $0
2014 $5,809 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1376862

Greater Chattanooga REALTORS®

APN: 089-042