NOT LISTED FOR SALE

7507 Mahan Gap Rd Ooltewah, TN 37363

Estimated Value: $420,218 - $528,000

3 Beds
2 Baths
2,309 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $389,900 $169 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,473/month

3 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 2 Car Garage

About This Home

As of May 2022

Welcome home to Ooltewah where a home with a fenced yard, large outdoor entertainment space, and updated interior awaits. This all-one-level home sits on a beautiful 1.5 acres of land and no deed restrictions. There are endless possibilities. With the large 2-car detached garage with both front and rear garage doors, this home offers that extra storage and entertainment space. Step inside to a fully renovated interior. The kitchen features high-end upgrades including the stunning backsplash, faucet, deep sink, and custom open shelving. This home also features a newly added large living area and a large utility room steps from the kitchen space. The other side of the home features 3 spacious bedrooms and 2 full bathrooms. The master suite also features a large walk-in closet. You will not want to miss this beautiful home. Call to schedule a private tour today!

Last Agent to Sell the Property

Wendy Dixon

Greater Chattanooga Realty, Keller Williams Realty Brokerage Phone: 4237022000 License #317739,308654 Listed on: 04/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $785

Year Built

  • Built in 1965

Lot Details

  • 1.5 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • ENERGY STAR Qualified Windows
  • Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

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

Schools

  • Snow Hill Elementary School
  • Hunter Middle School
  • Ooltewah High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086 030

Home Details

Home Type

Single Family

Est. Annual Taxes

$785

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4237022000
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2309
  • Building Area Units: Square Feet
  • Living Area: 2309
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding, Other
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • 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: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 1.5
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 086 030
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 785

MLS Schools

  • Elementary School: Snow Hill Elementary School
  • High School: Ooltewah High School
  • Middle Or Junior School: Hunter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 12, 2022
Sold by
Morgan and Delores
Bought by
Notion James G
Seller's Agent
Wendy Dixon
Greater Chattanooga Realty, Keller Williams Realty
List Price
$369,900
Sold Price
$389,900
Premium/Discount to List
$20,000
5.41%
Current Estimated Value
$460,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,155
Avg. Annual Appreciation
4.88%
Original Mortgage
$311,920
Outstanding Balance
$296,449
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$163,606

Purchase Details

Closed on
Nov 25, 2003
Sold by
Morgan William Evans and Morgan Kristi
Bought by
Morgan Greg and Morgan Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage
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
Notion James G $389,900 Foundation Title
Morgan Greg $77,000 U S Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Notion James G $311,920
Previous Owner Morgan Greg $73,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $389,900 +5.4% $169 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $369,900 -- $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 $776 $34,700 $0 $0
2023 $785 $34,700 $0 $0
2022 $785 $34,700 $0 $0
2021 $785 $34,700 $0 $0
2020 $709 $25,325 $0 $0
2019 $709 $25,325 $0 $0
2018 $709 $25,325 $0 $0
2017 $709 $25,325 $0 $0
2016 $702 $0 $0 $0
2015 $702 $25,050 $0 $0
2014 $702 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2385293

Realtracs

APN: 086-030