NOT LISTED FOR SALE

7966 Mountain Laurel Trail Unit 3 Signal Mountain, TN 37377

Estimated Value: $1,430,000 - $1,564,000

4 Beds
3.5 Baths
4,012 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,389,000 $346 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,478/month

262 Days on Market

Highlights

  • City View
  • Clubhouse
  • Wood Flooring
  • Nolan Elementary School Rated A-
  • Wooded Lot
  • Separate Formal Living Room

About This Home

As of May 2024

Flipper Bend is a new gated community tucked into an untouched portion of Signal Mountain, TN. Enter through the Gate House and find yourself immersed in a local community unlike anything else in Chattanooga. Each property is thoughtfully designed to harmonize with nature. Storybook views of the Tennessee valley, historic Cumberland plateau and surrounding areas abound. The community is perched high above the crowd below, allowing you to breathe, relax, and become one with the wonder surrounding you. Carefully planned hiking and biking paths meander for miles while an elevated community center with gorgeous brow views will entertain and relax you year around. Come discover why Flipper Bend is a one-of-kind mountain living in a highly desirable development. Signal Mountain School Zone and minutes to shopping, Chattanooga Airport and downtown dining. This amazing home has appliances and appointments that are typically only seen in luxury homes. There is still time to make some of your own selections.

Last Agent to Sell the Property

Travis Close

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4238866577 License #306209 Listed on: 05/16/2023

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Mary-Catherine Weathers

RE/MAX Properties License #1587230,371159,335545

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 2023

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 362.50 x 129.29 x 377.42 x 47.25
  • Level Lot
  • Wooded Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4,012 Sq Ft Home
  • Property has 2 Levels
  • Separate Formal Living Room
  • Den with Fireplace
  • City Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Nolan Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 072F A 003

Community Details

Overview

  • Flipper Bend Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,007

Year Built

Built in 2023

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: 4238866577
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Disposal, Dishwasher
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 4012
  • Building Area Units: Square Feet
  • Living Area: 4012
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Stone, Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: City, Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • 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 Fee: 200
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level, Sloped, Wooded, Other
  • Lot Size Acres: 1.08
  • Lot Size: 362.50 x 129.29 x 377.42 x 47.25
  • Lot Size Units: Acres
  • Parcel #: 072F A 003
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1007

MLS Schools

  • Elementary School: Nolan Elementary School
  • High School: Signal Mountain Middle/High School
  • Middle Or Junior School: Signal Mountain Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
May 30, 2024
Sold by
Marsh James R
Bought by
Savage Stephanie N and Clevenger John W
Seller's Agent
Travis Close
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Mary-Catherine Weathers
RE/MAX Properties
List Price
$1,400,000
Sold Price
$1,389,000
Premium/Discount to List
-$11,000
-0.79%
Current Estimated Value
$1,493,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,759
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,180,650
Outstanding Balance
$1,165,813
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$327,946
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
Savage Stephanie N $1,389,000 Title Guaranty & Trust
Savage Stephanie N $1,389,000 Title Guaranty & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Stephanie N $1,180,650
Closed Savage Stephanie N $1,180,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $1,389,000 -0.8% $346 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
05/16/2023 05/16/23 For Sale $1,400,000 -- $349 / 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 $4,291 $191,775 $0 $0
2023 $1,007 $45,000 $0 $0
2022 $1,007 $45,000 $0 $0
2021 $1,007 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Close

    Seller's Agent in 2024

    Travis Close

    Real Estate Partners Chattanooga, LLC

    (423) 488-1882

    167 in this area

    241 Total Sales

    Travis Close
    Section Image

  • M

    Buyer's Agent in 2024

    Mary-Catherine Weathers

    RE/MAX Properties

    (423) 316-1210

    1 in this area

    129 Total Sales

    Mary-Catherine Weathers
    Section Image
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Map

Source: Realtracs

MLS Number: 2714264

Realtracs

APN: 072F-A-003

Tennessee Hamilton County Signal Mountain 37377

7966 Mountain Laurel Trail Unit 3, Signal Mountain, TN

This home is located at 7966 Mountain Laurel Trail Unit 3, Signal Mountain, TN 37377 since 16 May 2023 and is currently estimated at $1,493,759, approximately $372 per square foot. This property was built in 2023. 7966 Mountain Laurel Trail Unit 3 is a home located in Hamilton County with nearby schools including Nolan Elementary School and Signal Mountain Middle/High School.

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