NOT LISTED FOR SALE

Estimated Value: $1,072,000 - $1,744,824

5 Beds
5 Baths
5,265 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $927,000 $176 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,234/month

78 Days on Market

Highlights

  • Boathouse
  • In Ground Pool
  • Waterfront
  • Floating Dock
  • Lake On Lot
  • Fireplace in Bedroom

About This Home

As of June 2020

Life really is better on the lake! Why not cook, launder and laugh on the water - this great family home captures the best features of any home with its open flow of spacious rooms throughout while surrounded by water. Convenient to any direction you are heading by road or water, you will live where you play. From entry to end, a seamless flow follows you as if the inside becomes one with the outdoors of the calming waters living lakeside. Filled with natural light from floor to ceiling windows allowing you decompress by your natural surroundings of water lush, green mature trees that frame you in the privacy of your own backyard waterfront escape from the world into one that promotes relaxation and recreation. Whether poolside sunning by your own in-ground gunite pool or on your floating dock or cleaning fish from a full morning of doing what you love. Off the water, this home will check all the boxes for families of every dynamic with main level master and guest suite and home office - all filled with light and master overlooking the water. two bedroom suites on second level with shared bonus/playroom/study center and full guest suite on the lower level so you still love the extended family following a long stay. Even the lower level is brimming with sunshine with full wall of windows along the back embracing the lake and your on private paradise overlooking the pool. Thoughtfully redesigned in recent years with chef quality kitchen to include 48 inch free standing Five Star commercial grade gas stove with griddle, separate ice maker and full size refrigerator and full size freezer and oversized island, there is plenty of room to have ALL the cooks in the kitchen - together. Perfectly planned for multiple eating areas in and out so when gathering the troops together and just cozy enough for those more intimate dinners with just family. New tankless water heater. Life is good BUT it is better on the lake! See amenities list in the Documents tab.

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 03/07/2020

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Linda Brock

Real Estate Partners Chattanooga LLC License #258780 Listed on: 03/07/2020

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,221

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 82.84x99.3
  • Waterfront
  • Fenced
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 5,265 Sq Ft Home
  • Central Vacuum
  • Sound System
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room with Fireplace
  • Bonus Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Free-Standing Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Boathouse
  • Floating Dock
  • Lake On Lot
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 094m A 011

Community Details

Overview

  • Island Point Ests Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,221

Year Built

Built in 1988

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: 82.84X99.3
  • Subdivision Name: Island Point Ests
  • Directions: North Hwy 58, right on Greenwood Road (before Food City), right on Island Point, right on Pierpoint, house on left near end of cul-de-sac.
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 5265.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1988
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 094m A 011
  • Location Tax and Legal Elementary School: Snow Hill Elementary
  • Location Tax and Legal Middle Or Junior School2: Hunter Middle
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 6221.02
  • 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 Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15681.6
  • General Property Information Lot Size Dimensions: 82.84X99.3
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: 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
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Foundation Details BrickMortar: Yes
  • Interior Features Sitting Area: Yes
  • View:Water2: Yes
  • Pool Features In Ground: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Foundation Details Stone2: Yes
  • Other Equipment:Intercom: Yes
  • Other Structures Boat House: Yes
  • Special Features: None

Interior Features

  • Appliances: Other, Refrigerator, Microwave, Ice Maker, Gas Water Heater, Free-Standing Gas Range, Double Oven, Disposal, Dishwasher, Convection Oven
  • Other Equipment: Intercom
  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom, Den, Family Room, Gas Log, Great Room
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Sitting Area, Sound System, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Insulated Windows, Wood Frames
  • ResoLivingAreaSource: Appraiser
  • Basement:Unfinished: Yes
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Icemaker: Yes
  • Community Features:Tennis Court(s): Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes
  • Fireplace Features:Bedroom2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Lake On Lot, Sloped, Split Possible, Sprinklers In Front, Sprinklers In Rear, Other
  • Pool Features: In Ground, Other
  • View: Water, Other
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Stone, Stucco
  • Exterior Features: Dock - Floating, Dock - Stationary, Gas Grill, Lighting
  • Foundation Details: Block, Brick/Mortar, Stone
  • Other Structures: Boat House
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Roof: Shingle
  • Exterior Features:Dock - Floating: Yes
  • Exterior Features:Dock - Stationary: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Gentle Sloping: Yes
  • Exterior Features:Gas Grill: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Lake On Lot: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Basement, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Additional Parcels: No
  • Parcel #: 094m A 011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6221.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 19, 2020
Sold by
Dorsch Roy E and Dorsch Susan K
Bought by
Lam Michael Gerald and Lam Kylee Jo
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
List Price
$950,000
Sold Price
$927,000
Premium/Discount to List
-$23,000
-2.42%
Current Estimated Value
$1,467,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,941
Avg. Annual Appreciation
9.04%
Original Mortgage
$927,000
Outstanding Balance
$821,715
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$646,226

Purchase Details

Closed on
Nov 7, 2006
Sold by
Albright Ray and Albright Phyllis L
Bought by
Batten Jesse A and Batten Vera G

Purchase Details

Closed on
Mar 15, 2006
Sold by
Ballard Timothy and Ballard Erika C
Bought by
Batten Jesse A and Batten Vera G

Purchase Details

Closed on
May 16, 2005
Sold by
Massey Jan Craig and Massey Fran W
Bought by
Ballard Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2000
Sold by
Cook M J M and Cook C S
Bought by
Massey Craig and Massey Fran W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,900
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lam Michael Gerald $927,000 None Available
Batten Jesse A -- Title Guaranty & Trust Co
Batten Jesse A $1,000,000 None Available
Ballard Timothy $679,500 --
Massey Craig $539,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Michael Gerald $927,000
Previous Owner Ballard Timothy $679,500
Previous Owner Massey Craig $431,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $927,000 -2.4% $176 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $950,000 +2.5% $180 / Sq Ft
08/13/2012 08/13/12 Sold $927,000 -27.3% $173 / Sq Ft View Prior Sale
07/15/2012 07/15/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $1,275,000 -- $238 / 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 $5,316 $237,600 $0 $0
2023 $5,325 $237,600 $0 $0
2022 $5,325 $237,600 $0 $0
2021 $5,325 $237,600 $0 $0
2020 $6,221 $224,650 $0 $0
2019 $6,221 $224,650 $0 $0
2018 $6,221 $224,650 $0 $0
2017 $6,221 $224,650 $0 $0
2016 $5,868 $0 $0 $0
2015 $5,868 $211,875 $0 $0
2014 $5,868 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1314495

Greater Chattanooga REALTORS®

APN: 094M-A-011