NOT LISTED FOR SALE

7626 Nelson Spur Rd Hixson, TN 37343

Estimated Value: $635,000 - $1,927,784

4 Beds
3 Baths
2,730 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $835,000 $306 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,790/month

213 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Cathedral Ceiling
  • McConnell Elementary School Rated 9+
  • Stationary Dock
  • Wood Flooring

About This Home

As of April 2012

Absolutely breathtaking year round deep water with Approx. 340+/- feet of water frontage overlooking the main channel. Quality and Integrity abounds in this custom builders home. Craftsman style architecture design with split bedroom layout with the master on main and windows all along the back of the home to take in the stunning and panoramic views! Hardwood floors, coffered ceilings in the dining room, cathedral beamed ceiling in great room with mountain stone gas fireplace and built ins that opens to the gourmet kitchen with bar, granite counter tops, and stainless appliances. Sunroom, bonus or 4th bedroom, two storage rooms off the garage and walk out storage on the upper level. Level yard, covered stone porch and patio, sea wall, boat house, and 15 thousand lb. boat lift. Minutes to s hopping, entertainment, restaurants and more!

Last Agent to Sell the Property

Paula McDaniel

Horizon Sotheby's International Realty Listed on: 08/16/2011

Last Buyer's Agent

Paula McDaniel

Horizon Sotheby's International Realty Listed on: 08/16/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,730 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Formal Dining Room
  • Game Room with Fireplace
  • Wood Flooring
  • Water Views
  • Walk-In Attic
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Stationary Dock
  • Lake On Lot
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Mcconnell Elementary School
  • Loftis Middle School
  • Hixson High School

Utilities

  • Central Air
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sun Bank Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093 026.10
  • $165,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,573

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 150X241.16 IRR
  • Subdivision Name: Sun Bank Cove
  • Directions: Hixson Pike North, right on Gold Point Circle South, keep left at fork, road turns slightly right and becomes Nelson Spur Road. Home on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 2730.0
  • New Construction: No
  • Year Built: 2007
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 093 026.10
  • Location Tax and Legal Elementary School: McConnell Elementary
  • Location Tax and Legal Middle Or Junior School2: Loftis Middle
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 4573.0
  • Location Tax and Legal Additional Parcels YN: No
  • 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 Dimensions: 150X241.16 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 165400.0
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Split Bedrooms2: Yes
  • View:Water2: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Levels:One and One Half: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Split Bedrooms, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: 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
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Great Room2: Yes

Exterior Features

  • Lot Features: Lake On Lot, Sprinklers In Front, Sprinklers In Rear
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Exterior Features: Dock - Stationary, Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Kitchen Level
  • 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

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
  • Sewer: Septic Tank
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: McConnell Elementary
  • High School: Hixson High
  • Middle Or Junior School: Loftis Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: 093 026.10

Tax Info

  • Tax Annual Amount: 4573.0
  • Tax Other Annual Assessment Amount: 165400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2011
Closed on
Apr 20, 2012
Sold by
Lane Michael and Lane Glenda
Bought by
Morgan D Brent and Morgan Yvette S
Seller's Agent
Paula McDaniel
Horizon Sotheby's International Realty
Buyer's Agent
Paula McDaniel
Horizon Sotheby's International Realty
List Price
$1,050,000
Sold Price
$835,000
Premium/Discount to List
-$215,000
-20.48%
Current Estimated Value
$1,181,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,696
Avg. Annual Appreciation
2.61%
Original Mortgage
$668,000
Outstanding Balance
$466,156
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$715,540

Purchase Details

Closed on
Jul 19, 2011
Sold by
Lane Michael
Bought by
Lane Michael and Lane Glenda

Purchase Details

Closed on
Nov 2, 2006
Sold by
Dellamuth Layne L and Dellamuth Anita M
Bought by
Lane Michael
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
Morgan D Brent $835,000 Realty Center Title & Escrow
Lane Michael -- None Available
Lane Michael $380,000 Realty Title & Escrow Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan D Brent $668,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $835,000 -20.5% $306 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
08/15/2011 08/15/11 For Sale $1,050,000 -- $385 / 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 $6,293 $281,275 $0 $0
2023 $6,302 $281,275 $0 $0
2022 $6,302 $281,275 $0 $0
2021 $6,302 $281,275 $0 $0
2020 $6,860 $214,125 $0 $0
2019 $5,930 $214,125 $0 $0
2018 $5,930 $214,125 $0 $0
2017 $5,930 $214,125 $0 $0
2016 $5,772 $0 $0 $0
2015 $5,772 $208,400 $0 $0
2014 $5,772 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1167436

Greater Chattanooga REALTORS®

APN: 093-026.10