NOT LISTED FOR SALE

8123 Mahan Gap Rd Ooltewah, TN 37363

Estimated Value: $569,000 - $708,000

4 Beds
2.5 Baths
2,552 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $253,500 $99 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,599/month

10 Days on Market

Highlights

  • Barn
  • High Ceiling
  • Screened Porch
  • Deck
  • No HOA
  • Breakfast Room

About This Home

As of May 2012

One story home on 6.96 flat and mostly cleared acres. Large horse barn behind the house. There is an inground pool behind the home also. The home needs mostly cosmetic work. Great mountain view also. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath.com website.

Last Agent to Sell the Property

Jay Young

Crye-Leike REALTORS License #278156 Listed on: 02/18/2012

Crye-Leike REALTORS

Last Buyer's Agent

Barry Evans

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1983

Lot Details

  • 6.96 Acre Lot
  • Rural Setting
  • Fenced
  • Level Lot

Parking

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

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,552 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch
  • Utility Room
  • Basement
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Schools

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

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 095 053.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.96
  • Lot Size: 6.96 AC
  • Subdivision Name: None
  • Directions: I-75 NORTH TO OOLTEWAH EXIT, GO LEFT ON OLD LEE HWY, RIGHT ONTO MOUNTAIN VIEW, LEFT ONTO Mahan GAP, HOME IS ON THE RIGHT NEXT TO THE DOLLAR GENERAL.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2552.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1983
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 095 053.05
  • 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: Central High School
  • Location Tax and Legal:Tax Annual Amount: 929.0
  • 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: 6.96
  • General Property Information Lot Size Square Feet2: 303177.6
  • General Property Information Lot Size Dimensions: 6.96 AC
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Interior Features Separate Dining Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Lot Features Rural: Yes
  • Parking Features Kitchen Level2: Yes
  • Interior Features Breakfast Room: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Room, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Walk-In Closet(s)
  • Window Features: Aluminum Frames, Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Attic Features:Storage Only: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • 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
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:None2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Rural
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • 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: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 303177.6
  • Parcel #: 095 053.05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 929.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2015
Sold by
Newberry Jeremy and Newberry Connie Mack
Bought by
Newberry Jeremy M and Newberry Tiffany
Current Estimated Value
$651,972

Purchase Details

Listed on
Feb 18, 2012
Closed on
Mar 6, 2012
Sold by
Fannie Mae
Bought by
Newberry Jeremy and Newberry Connie Mack
Seller's Agent
Jay Young
Crye-Leike REALTORS
Buyer's Agent
Barry Evans
Keller Williams Realty
List Price
$249,900
Sold Price
$253,500
Premium/Discount to List
$3,600
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$248,907
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2011
Sold by
Duncan Scott A and Duncan Kelly D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 5, 2005
Sold by
White Kent E and White Martha R
Bought by
Duncan Scott A and Duncan Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 1996
Sold by
Phillips Clinton A and Phillips Kristen C
Bought by
White Kent E and White Martha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.27%
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
Newberry Jeremy M -- Title 1St Choice
Newberry Jeremy $253,500 Title Guaranty & Trust Co
Federal National Mortgage Association $312,751 None Available
Duncan Scott A $257,500 Pioneer Title Agency Inc
White Kent E $230,000 Chattanooga Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newberry Jeremy $248,907
Previous Owner Duncan Scott A $206,000
Previous Owner White Kent E $207,000
Closed Duncan Scott A $25,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2012 05/02/12 Sold $253,500 +1.4% $99 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $249,900 -- $98 / 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 $2,240 $100,125 $0 $0
2023 $2,240 $100,125 $0 $0
2022 $2,240 $100,125 $0 $0
2021 $2,240 $100,125 $0 $0
2020 $2,257 $81,625 $0 $0
2019 $2,257 $81,625 $0 $0
2018 $2,257 $81,625 $0 $0
2017 $2,257 $81,625 $0 $0
2016 $2,180 $0 $0 $0
2015 $2,180 $78,825 $0 $0
2014 $2,180 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1174543

Greater Chattanooga REALTORS®

APN: 095-053.05