$1,600,000
SOLD OCT 31, 2024

8261 Mountain Laurel Trail Unit 50 Signal Mountain, TN 37377

Mowbray Neighborhood
5 Beds
4 Baths
4,200 Sq Ft
0.93 Acres

Recently Sold

$381 Per Sq Ft

2% Below List Price

102 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of October 2024

This lovely new home, built by Larry Waldrep and designed by J. Wright Designs, is full of your mountain home dreams. With an open concept, multiple family rooms, 5 bed and 4 bath, and a space for future finishing there is plenty of room fit for your needs. As you walk in through the front door, you are met in a large foyer that opens to the Living Room and large Kitchen. Through the tall foyer is the great room that opens with sliding doors to the back porch, both surrounding a fireplace to keep you warm through the cool seasons. The kitchen gives plenty of space to cook and host, with a breakfast nook off to the right, a pantry to the left, and a gentlemen's bar. On the other side of this home, is the master bath with a large ensuite, with hers and his closets, a laundry room, and a study with an extra bathroom. Up the stairs you will find a spacious loft family room that is open to below surrounded with 3 beds and 2 baths. This one acre lot with three car garage, 4000sqft home is ready for beautiful custom selections. There is a large unfinished basement for your future growth as well. 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.

Last Listed By

Travis Close

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4238866577 License #324596,306209 Listed on: 07/03/2024

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 2024

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 120x299x150
  • 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

  • 4,200 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • 2 Fireplaces
  • Separate Formal Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Property Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Nolan Elementary School
  • Signal Mountain Middle/High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 072E A 037

Community Details

Overview

  • Flipper Bend Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 2024

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Attribution Contact: 4238866577
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Walk-In Closet(s), Wet Bar, Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 4200
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Stone, Brick
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: 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: Attached - Side
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: 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, Wooded, Other
  • Lot Size Acres: 0.93
  • Lot Size: 120x299x150
  • Lot Size Units: Acres
  • Parcel #: 072E A 037
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 671

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
Jul 3, 2024
Closed on
Oct 31, 2024
Sold by
Waldrep Construction Llc
Bought by
Eldred Justin and Eldred Rachel
Seller's Agent
Travis Close
Real Estate Partners Chattanooga, LLC
List Price
$1,636,600
Sold Price
$1,600,000
Premium/Discount to List
-$36,600
-2.24%
Total Days on Market
102
Views
1
Current Estimated Value
$1,572,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,827
Avg. Annual Appreciation
-2.98%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,600,000 Title Guaranty & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $812,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $1,600,000 -2.2% $381 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $1,636,600 -- $390 / 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 $671 $30,000 $0 $0
2023 $671 $30,000 $0 $0
2022 $671 $30,000 $0 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2709690

Realtracs

APN: 072E-A-037