NOT LISTED FOR SALE

8522 Banner Elk Rd Soddy Daisy, TN 37379

Estimated Value: $417,000 - $456,332

3 Beds
2 Baths
2,184 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $275,000 $126 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,557/month

2 Days on Market

Highlights

  • 0.85 Acre Lot
  • Deck
  • Porch
  • Loftis Middle School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2020

Welcome to the Chimney Hills Neighborhood. Located in the Lakesite community, this home is one level living over a full unfinished basement and sits on a pie shaped .85 acre lot. The floor plan is large and inviting. The Kitchen is huge with a large island , there is also a formal dining and eat in kitchen. There are 3 bedrooms and 2 full baths. This area has low county taxes and great schools close the Chickamauga Lake and all its beauty. Special features include separate drive for RV or boat w/ a utility garage , full unfinished basement that is huge , Newer HVAC and Roof both less than a year old.. Set up your appointment today!

Last Agent to Sell the Property

Fidel Fonseca

Greater Downtown Realty dba Keller Williams Realty License #262183,287053 Listed on: 06/16/2020

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,128

Year Built

  • Built in 2000

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 240.60x241.51

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Mcconnell Elementary School
  • Loftis Middle School
  • Soddy Daisy High School

Utilities

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

Community Details

  • No Home Owners Association
  • Chimney Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075N H 035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,128

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 2184
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Vinyl Siding, Other, Brick
  • Patio And Porch Features: Deck, Covered, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.85
  • Lot Size: 240.60X241.51
  • Lot Size Units: Acres
  • Parcel #: 075N H 035
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2128

MLS Schools

  • Elementary School: McConnell Elementary School
  • High School: Soddy Daisy High School
  • Middle Or Junior School: Loftis Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 30, 2020
Sold by
Smith Charlotte and Smith Carl D
Bought by
Ellis Lucy and Ellis Michael
Seller's Agent
Fidel Fonseca
Greater Downtown Realty dba Keller Williams Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$441,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,048
Avg. Annual Appreciation
9.70%
Original Mortgage
$277,777
Outstanding Balance
$249,584
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$188,860

Purchase Details

Closed on
Oct 10, 2000
Sold by
Gentry Gene and Gentry Edward E
Bought by
Smith Carl D and Smith Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.96%
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
Ellis Lucy $275,000 Cumberland Ttl & Guaranty Ll
Smith Carl D $180,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Lucy $277,777
Previous Owner Smith Charlotte $156,000
Previous Owner Smith Carl D $162,000
Previous Owner Smith Carl D $49,000
Previous Owner Smith Carl D $150,500
Previous Owner Smith Carl D $145,000
Previous Owner Smith Carl D $140,000
Previous Owner Gentry Edward E $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $275,000 0.0% $126 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $275,000 -- $126 / 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 $1,710 $76,450 $0 $0
2023 $1,872 $76,450 $0 $0
2022 $1,872 $76,450 $0 $0
2021 $1,872 $76,450 $0 $0
2020 $2,128 $70,625 $0 $0
2019 $2,128 $70,625 $0 $0
2018 $2,128 $70,625 $0 $0
2017 $2,114 $70,625 $0 $0
2016 $1,923 $0 $0 $0
2015 $1,923 $63,800 $0 $0
2014 $1,923 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2340874

Realtracs

APN: 075N-H-035