$249,900
SOLD AUG 14, 2020

7420 Salmon Ln Ooltewah, TN 37363

3 Beds
2 Baths
1,715 Sq Ft
0.28 Acres

Recently Sold

$146 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Wallace A. Smith Elementary School Rated A-
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of October 2021

Welcome to 7420 Salmon Lane. This 3 bedroom, 2 bath home is located in the desirable Hamilton on Hunter neighborhood and is only minutes to all of the shops and restaurants of Ooltewah and the lake. The first thing you will notice is the great curb appeal. Step inside to the living room with vaulted ceiling and fireplace. The dining room is open to the living which is perfect for entertaining. The kitchen features stainless appliances, plenty of cabinet and counter space. The owners suite has walk-in closet and full bath and is on the opposite side of the other bedrooms for extra privacy. There are 2 additional bedrooms, full bath and laundry room on the main level. Step upstairs to the bonus room or could be 4th bedrooms. Step outside to the back deck that is perfect for relaxing and grilling out. The kids and pets will love to run and play in the large fenced in back yard. The roof and HVAC have just recently been replaced. This home has been well maintained and is ready for new owners. make your appointment for your private showing today. SPECIAL FINANCING AVAILABLE ON THIS HOME COULD SAVE YOU APPROXIMATELY $3499 WITH THE ZERO PLUS LOAN, CONTACT AGENT FOR DETAILS.

Last Buyer's Agent

Drew Carey

EXP Realty LLC License #327119

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 116.48x141.59
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,715 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Wallace A. Smith Elementary School
  • Hunter Middle School
  • Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hamilton On Hunter North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113J E 029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,334

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Den, Gas, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1715
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding, Other
  • Patio And Porch Features: Deck, Patio
  • 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, Natural Gas
  • 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: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Cul-De-Sac
  • Lot Size Acres: 0.28
  • Lot Size: 116.48X141.59
  • Lot Size Units: Acres
  • Parcel #: 113J E 029
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1334

MLS Schools

  • Elementary School: Wallace A. Smith Elementary School
  • High School: Central High School
  • Middle Or Junior School: Hunter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Oct 15, 2021
Sold by
Burch Randall L and Burch Randall L
Bought by
Hanson David
List Price
$275,000
Sold Price
$263,400
Premium/Discount to List
-$11,600
-4.22%
Current Estimated Value
$358,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,507
Avg. Annual Appreciation
7.54%
Original Mortgage
$210,720
Outstanding Balance
$192,989
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$157,449

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 14, 2020
Sold by
Johnston Crystal A
Bought by
Burch Randall L and Burch Brenda K
Buyer's Agent
Drew Carey
EXP Realty LLC
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Jul 5, 2019
Sold by
Johnston Stephanie
Bought by
Johnston Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,050
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 2009
Sold by
Harris Evan A and Harris Sarah P
Bought by
Johnston Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,822
Interest Rate
5.23%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2005
Sold by
Anderson Home Builders Inc
Bought by
Harris Evan A and Harris Sarah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2005
Sold by
Fatherson Partnership
Bought by
Anderson Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
5.68%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $263,400 Key Title & Escrow Lc
Warranty Deed $249,900 First Choice Title Inc
Interfamily Deed Transfer -- First Choice Title
Warranty Deed $169,900 Realty Title & Escrow Servic
Warranty Deed $169,500 Pioneer Title Agency Inc
Warranty Deed $29,500 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,720 New Conventional
Previous Owner $36,050 Credit Line Revolving
Previous Owner $166,822 FHA
Previous Owner $135,600 Fannie Mae Freddie Mac
Previous Owner $133,600 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $263,400 -4.2% $154 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $275,000 +10.0% $160 / Sq Ft
08/14/2020 08/14/20 Sold $249,900 0.0% $146 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $249,900 -- $146 / 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 $1,389 $62,075 $0 $0
2023 $1,398 $62,075 $0 $0
2022 $1,398 $62,075 $0 $0
2021 $1,398 $62,075 $0 $0
2020 $1,334 $47,925 $0 $0
2019 $1,334 $47,925 $0 $0
2018 $1,334 $47,925 $0 $0
2017 $1,334 $47,925 $0 $0
2016 $1,241 $0 $0 $0
2015 $1,241 $44,550 $0 $0
2014 $1,241 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2340762

Realtracs

APN: 113J-E-029