NOT LISTED FOR SALE

8520 Water Tower Rd Ooltewah, TN 37363

Estimated Value: $509,427 - $577,000

3 Beds
2.5 Baths
2,478 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $315,000 $127 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,207/month

1 Day on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Mountain View
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of November 2017

Have you been waiting for a house to come on the market that has an acre of land, three bedrooms, 2.1 baths, a hot tub, a gazebo with a firepit, a separate guest house, a workshop, an RV pad/cover, a sunroom, a bonus room, formal dining room, room to store all those extra vehicles, beautiful landscaping, a covered deck, plenty of

storage, large kitchen, a fireplace, large master closet, etc., etc.?

Well, guess what?? It’s finally here and ready for you to buy. Come and look at this one of a kind property. The seller has put approximately $60,000 in updates to this home. Main house features a granite countertop kitchen and appliances stay (stove, convection microwave, dishwasher, refrigerator, washer, and dryer), hardwood flooring in the master, kitchen dining room, laundry room and foyer, beautiful sunroom addition with its own heat and air, and the attic is well insulated and ready for your storage items. The exterior has two storage buildings on the property both with electricity. Water spickets are located through-out the lawn for easy watering. The cottage has its own bath, three rooms, its own septic tank, and heat and air unit. It would be perfect for an in-law's quarters, guest house, or business/office area. There's just so much extra about this house. Come and make it your home today.

Last Agent to Sell the Property

Donna Darnes

Crye-Leike REALTORS License #307688 Listed on: 09/12/2017

Crye-Leike REALTORS

Last Buyer's Agent

Rosabelle Gorman

Crye-Leike, REALTORS License #330164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 220x190
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Front
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,478 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Mountain Views
  • Basement
  • Crawl Space
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower

Outdoor Features

  • Spa
  • Deck
  • Covered patio or porch
  • Gazebo
  • Outbuilding

Schools

  • Ooltewah Elementary School
  • Hunter Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 087 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,794

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 220X190
  • Subdivision Name: None
  • Directions: From Chattanooga take I75 North to Ooltewah Exit #11. Turn left off ramp onto Lee Hwy. Go to “T” and turn right onto Mountain View Rd. which turns into Ooltewah Georgetown Rd. At four way stop at Mahan Gap continue straight for about a mile and turn right onto Water Tower Rd. Property is toward the end on the right.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 2478.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1999
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 087 016
  • Location Tax and Legal Elementary School: Ooltewah 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: 1793.92
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: Yes
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 220X190
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Attached Carport YN2: Yes
  • View:Mountain(s): Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Interior Features Split Bedrooms2: Yes
  • Lot Features Rural: Yes
  • Parking Features Kitchen Level2: Yes
  • Other Structures:Out Building: Yes
  • Levels:One and One Half: Yes
  • Heating Propane3: Yes
  • Other Structures Gazebo: Yes
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Microwave, Gas Water Heater, Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Primary Downstairs, Separate Dining Room, Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Level, Rural
  • Pool Features: None
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Brick/Mortar
  • Other Structures: Gazebo, Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • 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: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Propane
  • 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
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ooltewah Elementary
  • High School: Central High School
  • Middle Or Junior School: Hunter Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Additional Parcels: No
  • Parcel #: 087 016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1793.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 6, 2017
Sold by
Smith William R and Smith Sharon M
Bought by
Warren Taylor C and Warren Denise L
Seller's Agent
Donna Darnes
Crye-Leike REALTORS
Buyer's Agent
Rosabelle Gorman
Crye-Leike, REALTORS
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Current Estimated Value
$547,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,107
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jul 24, 2014
Sold by
Peden Kim Allen
Bought by
Smith William R and Smith Sharon M
Seller's Agent
Randolph Finnell
Assist-2-Sell Buyers & Sellers, LLC
Buyer's Agent
Tina Buckles
Realty Executives Associates
List Price
$294,900
Sold Price
$263,500
Premium/Discount to List
-$31,400
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Peden Donnah J
Bought by
Peden Kim Allen

Purchase Details

Closed on
Jul 23, 1999
Sold by
Lee William J and Lee Vernice L
Bought by
Peden Kim Allen and Peden Donnah Jo

Purchase Details

Closed on
Jan 22, 1999
Sold by
Lee Audrey J
Bought by
Lee William J and Lee Vernice L
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 Buyer Sale Price Title Company
Warren Taylor C $315,000 Realty Title & Escrow Svcsq
Smith William R $263,500 Pioneer Title Agency Inc
Peden Kim Allen -- None Available
Peden Kim Allen $196,500 --
Lee William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peden Kim Allen $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $315,000 +5.0% $127 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $300,000 +13.9% $121 / Sq Ft
07/24/2014 07/24/14 Sold $263,500 -10.6% $98 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $294,900 -- $109 / 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 $1,917 $85,700 $0 $0
2023 $1,917 $85,700 $0 $0
2022 $1,917 $85,700 $0 $0
2021 $1,917 $85,700 $0 $0
2020 $2,095 $75,750 $0 $0
2019 $2,095 $75,750 $0 $0
2018 $2,095 $75,750 $0 $0
2017 $1,891 $68,375 $0 $0
2016 $1,794 $0 $0 $0
2015 $1,794 $64,875 $0 $0
2014 $1,794 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1270108

Greater Chattanooga REALTORS®

APN: 087-016