NOT LISTED FOR SALE

8533 Banner Elk Rd Soddy Daisy, TN 37379

Estimated Value: $401,501 - $425,000

3 Beds
2 Baths
2,103 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $375,000 $178 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,383/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Whirlpool Bathtub
  • Loftis Middle School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2022

So many things to love about 8533 Banner Elk. First, What a Great Neighborhood ! Chimney Hills is so well taken care of, very walkable, bikeable and safe. Plus, it's so close to the Lake, and great shopping! Look at the aerial photo... you can hear the occasional motorboat passing by while you're hanging out on this incredible back patio. 16'wide & 20' off the back door and a huge Cathedral Ceiling over the Patio!!! And there's another 33'x16' patio for sunning. You'll be Grilling & Chilling & looking out over the big back yard that's all fenced in for the kids and dogs! But what about this super fantastic kitchen !!! Everyone in your family is going to want to spend the Holiday's at your place... and the Summers! Guys check out the garage/shop! Plus the secret storage door to the attic... This place is So nice, in such great condition with smart upgrades as a bonus !

Last Agent to Sell the Property

Ian O'Shea

Real Agents Realty Company License #153703 Listed on: 06/22/2022

Last Buyer's Agent

Kierstin Murphy

The Agency Chattanooga License #356834

The Agency Chattanooga

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 112x162x90x163
  • Fenced
  • Gentle Sloping Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,103 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement
  • Crawl Space
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Chimney Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075n H 012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1999

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 112x162x90x163
  • Subdivision Name: Chimney Hills
  • Directions: North on Hixson Pike to Old Hixson Pike in the Lakesite Community. Right on Old Hixson Pike and then left into Chimney Hills on Chimney Hills Drive. Over the hill and thru the dale to Banner Elk Road. Towards the end of Banner Elk on the right is #8533. Look for the sign, and listen for the motorboats on the river.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2103.0
  • 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: 075n H 012
  • Location Tax and Legal Elementary School: McConnell Elementary
  • Location Tax and Legal Middle Or Junior School2: Loftis Middle
  • Location Tax and Legal High School: Soddy-Daisy High
  • Location Tax and Legal:Tax Annual Amount: 1523.17
  • Location Tax and Legal Additional Parcels YN: No
  • 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: No
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Dimensions: 112x162x90x163
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Water Heater, Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Primary Downstairs, Separate Dining Room, Soaking Tub, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • 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:Soaking Tub: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Split Possible
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Garage Faces Front
  • 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
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Phone Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Additional Parcels: No
  • Parcel #: 075n H 012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1523.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 18, 2022
Sold by
Richardson and Bristy
Bought by
Daverson Mike and Daverson Danielle
Seller's Agent
Ian O'Shea
Real Agents Realty Company
Buyer's Agent
Kierstin Murphy
The Agency Chattanooga
List Price
$354,500
Sold Price
$375,000
Premium/Discount to List
$20,500
5.78%
Current Estimated Value
$415,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,375
Avg. Annual Appreciation
3.21%
Original Mortgage
$300,000
Outstanding Balance
$288,167
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$125,309

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 26, 2016
Sold by
Shepherd Brian T and Shepherd Jessica M
Bought by
Richardson Michael and Richardson Bristy
Seller's Agent
Betty Hickerson
Horizon Sotheby's International Realty
Buyer's Agent
Travis Shipley
Blue Key Properties LLC
List Price
$204,900
Sold Price
$198,000
Premium/Discount to List
-$6,900
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$194,413
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 14, 2013
Closed on
Sep 20, 2013
Sold by
Gautreaux Thomas M and Gautreaux Amanda Haley
Bought by
Shepherd Brian T and Shepherd Jessica M
Seller's Agent
Andy Hodes
Zach Taylor - Chattanooga
Buyer's Agent
Jay Craig
Keller Williams Realty
List Price
$194,500
Sold Price
$193,900
Premium/Discount to List
-$600
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$184,205
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Combs William P and Combs Deidra R
Bought by
Gautreaux Thomas M and Gautreaux Amanda Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Gentry Gene and Gentry Edward E
Bought by
Combs William P and Combs Deidra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.94%
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
Daverson Mike $375,000 None Listed On Document
Richardson Michael $198,000 First Title
Shepherd Brian T $193,900 None Available
Gautreaux Thomas M $180,000 Northgate Title Escrow Inc
Combs William P $127,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daverson Mike $300,000
Previous Owner Richardson Michael $194,413
Previous Owner Shepherd Brian T $184,205
Previous Owner Gautreaux Thomas M $130,402
Previous Owner Gautreaux Thomas M $135,000
Previous Owner Combs William P $38,000
Previous Owner Combs William P $112,000
Previous Owner Combs William P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $375,000 +5.8% $178 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $354,500 +79.0% $169 / Sq Ft
04/26/2016 04/26/16 Sold $198,000 -3.4% $94 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $204,900 +5.7% $97 / Sq Ft
09/20/2013 09/20/13 Sold $193,900 -0.3% $92 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $194,500 -- $92 / 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 $1,390 $62,125 $0 $0
2023 $1,523 $62,125 $0 $0
2022 $1,523 $62,125 $0 $0
2021 $1,523 $62,125 $0 $0
2020 $1,722 $57,100 $0 $0
2019 $1,722 $57,100 $0 $0
2018 $1,722 $57,100 $0 $0
2017 $1,711 $57,100 $0 $0
2016 $1,539 $0 $0 $0
2015 $1,539 $51,000 $0 $0
2014 $1,539 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1357554

Greater Chattanooga REALTORS®

APN: 075N-H-012