NOT LISTED FOR SALE

8603 Ooltewah Georgetown Rd Ooltewah, TN 37363

Estimated Value: $327,000 - $570,270

5 Beds
3.5 Baths
2,652 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $350,000 $132 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,578/month

53 Days on Market

Highlights

  • 3.6 Acre Lot
  • Wooded Lot
  • No HOA
  • Ooltewah Elementary School Rated A-
  • Separate Formal Living Room
  • Covered Patio or Porch

About This Home

As of August 2022

There are endless possibilities with this 5 Bedroom/3.5 Bath house sitting on 3.6 private acres in the ever-growing Ooltewah area. The entire house has been updated within the past two years and there is a transformer base in place on the back of lot for power to add additional houses. Back yard is a perfect fit for chickens, goats, or horses. The laundry room used to be a mother-in-law suite in the basement with a kitchenette and separate downstairs private entrance and could be easily converted back. This is a rare find to have land in Ooltewah and it is a must see. Schedule your showing today!

Last Buyer's Agent

Jarrod Holmes

Greater Downtown Realty dba Keller Williams Realty License #393310,348811

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1976

Lot Details

  • 3.6 Acre Lot
  • Lot Dimensions are 260x600
  • Level Lot
  • Wooded Lot

Interior Spaces

  • 2,652 Sq Ft Home
  • Property has 3 Levels
  • Separate Formal Living Room
  • Den with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Dishwasher
  • Property Views
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Snow Hill Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 095 083.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,627

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Refrigerator, Dishwasher
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 2652
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Level, Wooded
  • Lot Size Acres: 3.6
  • Lot Size: 260X600
  • Lot Size Units: Acres
  • Parcel #: 095 083.02
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1627

MLS Schools

  • Elementary School: Snow Hill Elementary School
  • High School: Ooltewah High School
  • Middle Or Junior School: Ooltewah Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 16, 2022
Sold by
Alva Stephenson Kenneth
Bought by
Moreno Eric Orlando
Buyer's Agent
Jarrod Holmes
Greater Downtown Realty dba Keller Williams Realty
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$462,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,318
Avg. Annual Appreciation
9.21%
Original Mortgage
$350,000
Outstanding Balance
$336,362
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$124,322

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 12, 2022
Sold by
Stephenson Dalton J
Bought by
Stephenson Kenneth
Buyer's Agent
Jarrod Holmes
Greater Downtown Realty dba Keller Williams Realty
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$336,362
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$124,322

Purchase Details

Closed on
Sep 15, 2021
Sold by
Stephenson Knneth
Bought by
Stephenson Kenneth and Stephenson Dalton J

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 23, 2020
Sold by
Gdp Properties Llc
Bought by
Stephenson Kenneth
Seller's Agent
Kurt Olson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Kurt Olson
Greater Downtown Realty dba Keller Williams Realty
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$182,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2019
Sold by
Paris Joel D and Paris Barbara C
Bought by
Gdp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,300
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2014
Sold by
Paris Joel D and Paris Barbara C
Bought by
The Joel D And Barbara C Paris Revocable
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
Moreno Eric Orlando $350,000 Nunnally & Wickens Pllc
Stephenson Kenneth -- None Listed On Document
Stephenson Kenneth -- Foundation T&E Chattanooga
Stephenson Kenneth $279,000 Foundation T&E Chattanooga
Gdp Properties Llc $157,500 Admiral Title Inc
The Joel D And Barbara C Paris Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Eric Orlando $350,000
Previous Owner Stephenson Kenneth $182,000
Previous Owner Gdp Properties Llc $175,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $350,000 -12.5% $132 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $400,000 +43.4% $151 / Sq Ft
01/22/2020 01/22/20 Sold $279,000 0.0% $103 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $279,000 -- $103 / 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 $1,627 $72,700 $0 $0
2023 $1,627 $72,700 $0 $0
2022 $1,627 $72,700 $0 $0
2021 $1,627 $72,700 $0 $0
2020 $1,396 $50,500 $0 $0
2019 $1,396 $50,500 $0 $0
2018 $1,396 $50,500 $0 $0
2017 $1,396 $50,500 $0 $0
2016 $1,369 $0 $0 $0
2015 $1,369 $49,525 $0 $0
2014 $1,369 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2718366

Realtracs

APN: 095-083.02