NOT LISTED FOR SALE

Estimated Value: $706,000 - $1,126,000

4 Beds
2.5 Baths
3,543 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $985,000 $278 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,240/month

23 Days on Market

Highlights

  • Lake Front
  • Living Room with Fireplace
  • Wood Flooring
  • Docks
  • Wooded Lot
  • Tennis Courts

About This Home

As of August 2024

This beautiful lake house in the Island Point Estates neighborhood is perfectly situated on a gently sloping lot with instant access to your boats, kayaks, and paddle boards. This lake house has a large covered dock with a driveway that conveniently extends down to the lake for easy watercraft launching. The tree-lined grounds and natural landscape are stunning, inviting you to explore the outdoors and embrace the joys of lake life. Located in a quiet slough with no houses across the water, this well-built and well-maintained lake house offers unparalleled tranquility. Inside, the spacious kitchen opens into the living area, sunroom and screened in porch, creating a seamless flow for everyday living and entertaining. The separate dining room is ideal for sit-down dinners or buffet-style gatherings. Outdoor porches on both levels provide quick access to the backyard and dock, making entertaining comfortable and effortless. The upstairs and downstairs living areas feature fireplaces, and there's a wet bar downstairs, perfect for hosting epic football parties. The primary bedroom is spacious and opens out to a deck with a peaceful view of the water. There are 3 bedrooms downstairs with 2 having water views and walkout access to the porch. There is a 2 car garage on the main level and a utility garage on the side(perfect for storing water toys, fishing gear, etc.) Embrace life in this dreamy lake house where every detail is designed for comfort and enjoyment. This home is a few minutes from the grocery store and pharmacy and has quick easy access to downtown, East Brainerd/Ooltewah, and the airport. List of updates available under documents tab or upon request. The number of bedrooms listed above complies with local appraisal standards only.

Last Agent to Sell the Property

Ellen Eady

Greater Chattanooga Realty, Keller Williams Realty License #330000 Listed on: 06/20/2024

Greater Chattanooga Realty, Keller Williams Realty

Co-Listed By

Steve Eady

Greater Chattanooga Realty, Keller Williams Realty License #336385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1990

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 100x222.25
  • Lake Front
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,543 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 094M A 021

Community Details

Overview

  • Island Point Ests Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,184

Year Built

Built in 1990

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, High Ceilings, Walk-In Closet(s), Wet Bar, Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace Features: Living Room, Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Tile, Other
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 3543
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Dock, Garage Door Opener
  • Construction Type: Stone, Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch, Screened, Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Amenities: Tennis Court(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Other, Wooded
  • Lot Size Acres: 0.59
  • Lot Size: 100X222.25
  • Lot Size Units: Acres
  • Parcel #: 094M A 021
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3184

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 5, 2024
Sold by
Haun Eileen M
Bought by
Smith Mason and Smith Lauren
Seller's Agent
Ellen Eady
Greater Chattanooga Realty, Keller Williams Realty
List Price
$1,100,000
Sold Price
$985,000
Premium/Discount to List
-$115,000
-10.45%
Views
16
Current Estimated Value
$936,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,252
Avg. Annual Appreciation
-4.17%
Original Mortgage
$766,000
Outstanding Balance
$757,332
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$179,416

Purchase Details

Closed on
Apr 25, 2023
Sold by
Haun Eileen M
Bought by
Haun Eileen M

Purchase Details

Closed on
May 12, 2000
Sold by
Gordon Kenneth E and Gordon Elizabeth J
Bought by
Haun Larry P and Haun Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
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
Smith Mason $965,000 Cumberland Title
Haun Eileen M -- None Listed On Document
Haun Larry P $392,500 Battlefield Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mason $766,000
Previous Owner Haun Larry P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $985,000 -10.5% $278 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $1,100,000 -- $310 / 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 $3,175 $141,900 $0 $0
2023 $3,184 $141,900 $0 $0
2022 $3,184 $141,900 $0 $0
2021 $3,184 $141,900 $0 $0
2020 $3,321 $119,775 $0 $0
2019 $3,321 $119,775 $0 $0
2018 $3,321 $119,775 $0 $0
2017 $3,321 $119,775 $0 $0
2016 $2,995 $0 $0 $0
2015 $2,995 $107,975 $0 $0
2014 $2,995 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2687788

Realtracs

APN: 094M-A-021