NOT LISTED FOR SALE

7407 Gates Rd Hixson, TN 37343

Estimated Value: $332,000 - $392,000

4 Beds
2.5 Baths
2,492 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $175,000 $70 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,006/month

21 Days on Market

Highlights

  • 0.68 Acre Lot
  • Deck
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of August 2016

Large beautiful home with 4 bedrooms & 2.5 bathrooms. The spacious eat-in kitchen features updated cabinets and new countertops. There are open sight-lines from the kitchen to the large great room that features a fireplace. Enjoy the additional living space in the screened & covered porch off the back. Upstairs, the master bedroom suite and sitting room is separate from the other bedrooms. The entire inside and outside of the house has been painted, there is a new roof, new windows, new light fixtures, some new hardwood, and new carpet throughout the upstairs. The entire 1st floor has hardwood floors. The two car attached garage has ample space for cars, shelves, and lawn equipment. The house is nestled on a peaceful lot. Owner/Agent

Last Agent to Sell the Property

Wendy Lapinski

Realty Zone LLC License #323916 Listed on: 06/22/2016

Last Buyer's Agent

Geoffrey Ramsey

RE/MAX Properties License #251055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1977

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 110x269.7
  • Sloped Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Unfinished Basement
  • Crawl Space
  • Storage In Attic

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Ganns Middle Valley Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shannon Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082n A 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,103

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Lot Size: 110X269.7
  • Subdivision Name: Shannon Hills
  • Directions: From 153 N, TR onto Boy Scout Rd, TL on S. Dent, TL on Coffelt Rd, Coffelt turns into Gates; property on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2492.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1977
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 082n A 005
  • Location Tax and Legal Elementary School: Ganns Middle Valley Elementary
  • Location Tax and Legal Middle Or Junior School2: Hixson Middle
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1103.33
  • 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: 0.68
  • General Property Information Lot Size Square Feet2: 29620.8
  • General Property Information Lot Size Dimensions: 110X269.7
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: 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
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Interior Features Sitting Area: Yes
  • Foundation Details Stone2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Water Heater, Electric Range, Double Oven, Dishwasher
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Open Floorplan, Pantry, Separate Dining Room, Separate Shower, Sitting Area, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Sloped, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block, Brick/Mortar, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • 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
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ganns Middle Valley Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Additional Parcels: No
  • Parcel #: 082n A 005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1103.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 24, 2016
Sold by
Reality Zone Llc
Bought by
Newell Robert Parket and Nicole Englund Shelby Louise
Seller's Agent
Wendy Lapinski
Realty Zone LLC
Buyer's Agent
Geoffrey Ramsey
RE/MAX Properties
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Current Estimated Value
$359,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,431
Avg. Annual Appreciation
8.20%
Original Mortgage
$115,000
Outstanding Balance
$93,236
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$265,503

Purchase Details

Closed on
Jan 20, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Realty Zone Llc

Purchase Details

Closed on
Aug 14, 2015
Sold by
Burnette Kenneth Allen
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 1, 2010
Sold by
Pioneer Title Agency Inc
Bought by
Burnette Kenneth Allen and Obrien Kristin Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,908
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2010
Sold by
Smith Kim P and Smith Joe W
Bought by
Burnette Kenneth Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,908
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Smith Timothy R and Smith Faith A
Bought by
Smith Joe W and Smith Kim P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,276
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Mcnair John L and Mcnair Barbara P
Bought by
Smith Timothy R and Smith Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Newell Robert Parket $175,000 Century Title & Escrow Inc
Realty Zone Llc $87,500 None Available
Nationstar Mortgage Llc $88,800 None Available
Burnette Kenneth Allen -- Pioneer Title Agency Inc
Pioneer Title Agency Inc -- Pioneer Title Agency Inc
Burnette Kenneth Allen $113,500 Sovereign Title & Escrow Llc
Smith Joe W $91,823 Sovereign Title
Smith Timothy R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newell Robert Parket $115,000
Previous Owner Burnette Kenneth Allen $15,908
Previous Owner Burnette Kenneth Allen $111,991
Previous Owner Smith Joe W $95,276
Previous Owner Smith Timothy R $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $175,000 -10.2% $70 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $194,900 -- $78 / 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 $1,200 $53,625 $0 $0
2023 $1,209 $53,625 $0 $0
2022 $1,209 $53,625 $0 $0
2021 $1,209 $53,625 $0 $0
2020 $1,112 $39,875 $0 $0
2019 $1,112 $39,875 $0 $0
2018 $1,112 $39,875 $0 $0
2017 $1,112 $39,875 $0 $0
2016 $1,103 $0 $0 $0
2015 $1,103 $39,575 $0 $0
2014 $1,103 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1246615

Greater Chattanooga REALTORS®

APN: 082N-A-005