NOT LISTED FOR SALE

8312 Mountain Laurel Trail Signal Mountain, TN 37377

Mowbray Neighborhood

Estimated Value: $392,000

5 Beds
6 Baths
5,286 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $2,390,000 $452 Per Sq Ft

Current estimated payment $2,490/month

Highlights

  • New Construction
  • Gated Community
  • Clubhouse
  • Nolan Elementary School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of September 2024

Beautiful new build by Waldrep Construction.
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. Signal Mountain School Zone and minutes to shopping, Chattanooga Airport and downtown dining. This amazing home has appliances and appointments that are typically only seen in luxury homes.

Last Listed By

Travis Close

Real Estate Partners Chattanooga LLC License #306209 Listed on: 08/12/2024

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 124 x 399 x 167

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,286 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • 2 Fireplaces
  • Insulated Windows
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Kitchen

Schools

  • Nolan Elementary School
  • Signal Mountain Middle School
  • Signal Mtn High School

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 072f A 022

Community Details

Overview

  • Built by Waldrep Construction
  • Flipper Bend Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Lot Size: 124 x 399 x 167
  • Subdivision Name: Flipper Bend
  • Directions: Top of Roberts Mill Road, turn right into Flipper Bend, house is on the right.
  • Above Grade Finished Sq Ft: 5286.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 5286.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2024
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 072f A 022
  • Location Tax and Legal Elementary School: Nolan Elementary
  • Location Tax and Legal Middle Or Junior School2: Signal Mountain Middle
  • Location Tax and Legal High School: Signal Mtn
  • Location Tax and Legal:Tax Annual Amount: 1398.31
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 2
  • General Property Information Above Grade Finished Area: 5286.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.17
  • General Property Information Lot Size Square Feet2: 50965.2
  • General Property Information Lot Size Dimensions: 124 x 399 x 167
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Brick and Stone Features Partial Stone: Yes
  • General Property Information Builder Name: Waldrep Construction
  • Association Amenities Gated3: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Disposal, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Granite Counters: Yes
  • Community Features:Gated: Yes
  • Community Features:Pool: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Disclosures: Subdivision Restrictions
  • Home Warranty: No
  • Builder Name: Waldrep Construction
  • Construction Type: Brick, Stone
  • Exterior Features: Outdoor Kitchen
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Asphalt, Shingle
  • Exterior Features:Outdoor Kitchen: Yes
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Pool
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse2: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Elementary School: Nolan Elementary
  • High School: Signal Mtn
  • Middle Or Junior School: Signal Mountain Middle

Lot Info

  • Lot Size Sq Ft: 50965.2
  • Additional Parcels: No
  • Parcel #: 072f A 022
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1398.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Apr 27, 2023
Sold by
Navarro Luis and Navarro Elena
Bought by
Parks Eric T and Parks Erin
Seller's Agent
Travis Close
Real Estate Partners Chattanooga LLC
Buyer's Agent
Travis Close
Real Estate Partners Chattanooga LLC
List Price
$450,000
Sold Price
$450,000
Total Days on Market
0
Views
10
Current Estimated Value
$392,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,000
Avg. Annual Appreciation
-6.57%
Original Mortgage
$1,747,990
Outstanding Balance
$1,713,085
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$1,321,085

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
Parks Eric T $450,000 Hon & Kopet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Eric T $1,747,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $2,390,000 +37.8% $452 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $1,734,989 +285.6% $328 / Sq Ft
04/27/2023 04/27/23 Sold $450,000 0.0% --
04/27/2023 04/27/23 Sold $450,000 0.0% --
01/02/2023 01/02/23 Pending -- -- --
01/02/2023 01/02/23 Pending -- -- --
10/14/2022 10/14/22 For Sale $450,000 0.0% --
10/09/2022 10/09/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $450,000 0.0% --
09/27/2022 09/27/22 For Sale $450,000 -- --
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 $1,398 $62,500 $0 $0
2023 $1,398 $62,500 $0 $0
2022 $1,398 $62,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1397324

Greater Chattanooga REALTORS®

APN: 072F-A-022