NOT LISTED FOR SALE

Estimated Value: $884,561 - $1,167,000

4 Beds
4 Baths
4,156 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $586,500 $141 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,936/month

About This Home

Enjoy living your life in the very desirable and gated community of Legends with sidewalks, community ponds and pool, and within walking distance to Hamilton Place, Earth Fare, Target, Panera Bread, Starbucks, Erlanger East, and Restaurants. Convenient to Chattanooga Airport, Downtown Chattanooga, Dalton, Cleveland, and access to interstate. All brick, exceptionally well maintained home that has been impeccably prepared for its new owner and offers site finished hardwood flooring, custom plantation shutters and generous moldings throughout. This very open plan with a grand two-story foyer offers a formal living room/office with vaulted ceiling that would be perfect music room for your grand piano. Formal dining room, two-story great room with built-ins, gas fireplace, and a wall of windows for natural lighting. Gorgeous and extremely functional kitchen offering four-burner Jenn-air gas range, Jenn-air stainless double oven, oversized walk-in pantry, service/cook island and furniture quality cabinets opening to screened porch and oversized stamped concrete patio . Spacious main-level master suite with separate vanities, tiled shower, Kohler sinks, and a large walk-in closet. Large laundry room with plenty of storage with built-in cabinets and sink with side entry. Upper level offers three bedrooms two full baths (one bedroom has private bath), huge bonus room, and office/specialty room. There is an attached three-car garage on the main-level. The backyard is level and private with mature landscaping. If you are searching for a home for sale in Chattanooga, then be sure to schedule your tour of 7849 Magnolia Lake Drive today! Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 30, 2017
Sold by
Connell Bernard P and Connell Ann
Bought by
Reddy Nagireddy Sumana and Reddy Bathi Jejal
Seller's Agent
Paula McDaniel
Real Estate Partners Chattanooga, LLC
List Price
$599,900
Sold Price
$586,500
Premium/Discount to List
-$13,400
-2.23%
Current Estimated Value
$1,041,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,390
Avg. Annual Appreciation
7.45%
Original Mortgage
$586,500
Outstanding Balance
$321,536
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$720,354

Purchase Details

Closed on
Dec 28, 2012
Sold by
Connell Bernard P
Bought by
Connell Bernard P and Connell Ann B

Purchase Details

Closed on
Sep 16, 2009
Sold by
Connell Ann B
Bought by
Connell Bernard P

Purchase Details

Closed on
Sep 24, 2002
Sold by
Dexter W White Construction Llc
Bought by
Connell Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,832
Interest Rate
6.19%

Purchase Details

Closed on
Dec 26, 2001
Sold by
Igou Gap Land Holdings Llc
Bought by
Dexter W White Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.72%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reddy Nagireddy Sumana $586,500 Century Title & Escrow Inc
Connell Bernard P -- Northgate Title Escrow
Connell Bernard P -- None Available
Connell Ann B $486,040 --
Dexter W White Construction Llc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Nagireddy Sumana $586,500
Previous Owner Connell Ann B $388,832
Previous Owner Dexter W White Construction Llc $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2017 10/30/17 Sold $586,500 -2.2% $141 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $599,900 -- $144 / Sq Ft

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 $3,499 $156,375 $0 $0
2023 $3,499 $156,375 $0 $0
2022 $3,499 $156,375 $0 $0
2021 $3,499 $156,375 $0 $0
2020 $3,983 $144,025 $0 $0
2019 $3,983 $144,025 $0 $0
2018 $3,406 $144,025 $0 $0
2017 $3,983 $144,025 $0 $0
2016 $4,050 $0 $0 $0
2015 $7,546 $146,450 $0 $0
2014 $7,546 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map