NOT LISTED FOR SALE

8115 Mahan Gap Rd Ooltewah, TN 37363

Estimated Value: $675,000 - $1,283,997

3 Beds
2.5 Baths
2,752 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $715,000 $260 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,089/month

46 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Open Floorplan
  • Guest House
  • Home fronts a pond
  • Wood Flooring

About This Home

As of June 2017

Outdoorsman’s and horse lovers Paradise! This Tennessee country farmhouse estate home with fabulous outdoor living areas and a serene setting is on 10 +/- Acres. This property is the perfect retreat where you want to live and play, so make 8115 Mahan Gap Road your daily escape. There is a 5 stall barn, pond, hen house, out building for storage, detached lean-to for additional storage, 3-car garage with workshop and rec room above it, guest house with a full kitchen, living room, bedroom with sitting area and walk-in closet, full bathroom, storage space, laundry hookups, and utility garage. The in-ground, saltwater pool is surrounded by a concrete patio, and professional landscaping. As you enter the main house from the covered patio with a brick floor, you will see the vaulted great room with a brass chandelier that was originally a gas powered light from the Fox Theater in Atlanta, and a wood burning fireplace surrounded by brick and four alcoves. The formal dining room and eat-in kitchen are to the left of the great room and have hardwood flooring. The eat-in kitchen has granite countertops, cabinets with stained glass, cork and chalk boards in one cabinet, pantry, stainless appliances, butcher block island with brick accents, cabinets, oven, and glass top stove, and there is access to the 15 x 17 +/- screened porch, attached 2-car carport, rear covered lanai, and pool. The powder room has direct access to the pool as well. Off of the powder room is the main-level master bedroom with hardwood flooring and en suite with a tile flooring, laundry closet, 2 person steam shower, jetted tub, separate vanities with quartz countertops, one with a makeup vanity, and two walk-in closets. The staircase leading to the two bedrooms and full bath with quartz countertop on the upper level has detailed woodwork and a stained glass window from a theater as well. A second staircase will you lead you to an oversized loft with accent lighting.

Last Agent to Sell the Property

Paula McDaniel

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233550311 License #245947 Listed on: 04/10/2017

Last Buyer's Agent

Jay Robinson

Greater Downtown Realty dba Keller Williams Realty License #255994

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1983

Lot Details

  • 10.6 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,752 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Separate Formal Living Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Covered Deck

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 095 053

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,051

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace Features: Wood Burning, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2752
  • Building Area Units: Square Feet
  • Living Area: 2752
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Carriage/Guest House, Garage Door Opener
  • Construction Type: Brick, Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Screened, Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Other
  • View: No
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: 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

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 10.6
  • Lot Size: Irreg
  • Lot Size Units: Acres
  • Parcel #: 095 053
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4051

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 30, 2017
Sold by
Perry Randall E and Perry Rachel
Bought by
Dorsch Roy E and Dorsch Susan K
Seller's Agent
Paula McDaniel
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
List Price
$824,900
Sold Price
$715,000
Premium/Discount to List
-$109,900
-13.32%
Current Estimated Value
$1,094,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,107
Avg. Annual Appreciation
4.49%
Original Mortgage
$140,900
Outstanding Balance
$30,235
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,001,014

Purchase Details

Closed on
Jun 16, 2006
Sold by
Ford Charles E and Ford Mattie R
Bought by
Perry Randall E and Perry Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,600
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Ford Charles F and Ford Mattie R
Bought by
Rhodes John Robert and Rhodes Kristi Leann F

Purchase Details

Closed on
Sep 19, 2000
Sold by
Forman Forrest C and Ann Jo
Bought by
Ford Charles F and Ford Mattie R
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
Dorsch Roy E $715,000 Century Title & Escrow Inc
Perry Randall E $675,000 None Available
Rhodes John Robert -- --
Ford Charles F $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsch Roy E $140,900
Previous Owner Perry Randall E $340,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $715,000 -13.3% $260 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $824,900 -- $300 / 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 $4,338 $193,900 $0 $0
2023 $4,338 $193,900 $0 $0
2022 $4,338 $193,900 $0 $0
2021 $4,338 $193,900 $0 $0
2020 $4,525 $163,650 $0 $0
2019 $4,525 $163,650 $0 $0
2018 $4,145 $149,900 $0 $0
2017 $4,145 $149,900 $0 $0
2016 $4,051 $0 $0 $0
2015 $4,051 $146,500 $0 $0
2014 $4,051 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2418116

Realtracs

APN: 095-053