NOT LISTED FOR SALE

8616 Mahan Gap Rd Ooltewah, TN 37363

Estimated Value: $516,956 - $676,000

4 Beds
3 Baths
2,400 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $331,000 $138 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,376/month

1 Day on Market

Highlights

  • 2 Acre Lot
  • Wooded Lot
  • Porch
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2020

Gorgeous newly remodeled 4 bedroom / 3 bath home sitting on almost 2 acres. This home was literally taken down to the foundation and everything is new. Open family room to the kitchen. Eat-in kitchen has tons of cabinetry space, pantry, stainless appliances and a large island for entertaining guests. The main level has an oversized laundry room with washer/dryer and a specialty room that would make a perfect office. There is also a full bath on the main level, perfect for guests. Upstairs you will find a large master bedroom with a walk-in closet. The spa like master bathroom has gorgeous tile work and a wet-room with tub and shower. There are three other bedrooms on the second level which utilize a full hallway bathroom. So many updates have been made to the home that it's kind o AMAZING. There is also a wonderful patio area off the back that is perfect for entertaining guests and friends in your very large and private backyard. The home is conveniently located less than 10 minutes to Ooltewah and I-75 and Cleveland is just a brief trip down the road also. Call today to schedule your own private showing of this beautifully updated home.

Last Agent to Sell the Property

Ryan King

Greater Chattanooga Realty, Keller Williams Realty License #284395 Listed on: 08/18/2020

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

Sean Smith

Greater Downtown Realty dba Keller Williams Realty License #369444,335342

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1944

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Snow Hill Elementary School
  • Hunter Middle School
  • Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 095 065.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1944
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 2400
  • Building Area Units: Square Feet
  • Living Area: 2400
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • 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, 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

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Acres: 2
  • Lot Size: IRR
  • Lot Size Units: Acres
  • Parcel #: 095 065.08
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 784

MLS Schools

  • Elementary School: Snow Hill Elementary School
  • High School: Central High School
  • Middle Or Junior School: Hunter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 24, 2020
Sold by
Mcmillan William Evens
Bought by
Mcmillan William Evens and Carter Candace S
Seller's Agent
Ryan King
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
Sean Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$325,000
Sold Price
$331,000
Premium/Discount to List
$6,000
1.85%
Current Estimated Value
$594,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,489
Avg. Annual Appreciation
13.07%
Original Mortgage
$325,004
Outstanding Balance
$292,321
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$317,928

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 18, 2020
Sold by
Dubovets Stanslav and Dubovets Tamara
Bought by
Mcmillan William Evans
Seller's Agent
Ryan King
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
Sean Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$325,000
Sold Price
$331,000
Premium/Discount to List
$6,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,004
Outstanding Balance
$292,321
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$317,928

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jan 18, 2018
Sold by
Undersigned Castlerock 2017 Llc
Bought by
Dubovets Slanislav and Dubovets Tamara
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan King
Keller Williams Realty
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.36%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Bridenbaugh Jerry A
Bought by
The Bank Of New York Mellon Trust Compan and Jpmorgan Chase Bank N A
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
Mcmillan William Evens -- Chattanooga Ttl Downtown Llc
Mcmillan William Evans $331,000 Team Title Legal Services Pl
Dubovets Slanislav $55,000 Foundation Title & Escrow Ch
The Bank Of New York Mellon Trust Compan $80,129 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan William Evans $325,004
Previous Owner Moore Je Benjamin Franklin $92,600
Previous Owner Moore Benjamin Franklin $17,637
Previous Owner Moore Benjamin Franklin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $331,000 +1.8% $138 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $325,000 +490.9% $135 / Sq Ft
01/18/2018 01/18/18 Sold $55,000 +10.2% $18 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $49,900 -- $16 / 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 $1,948 $87,075 $0 $0
2023 $1,948 $87,075 $0 $0
2022 $1,948 $87,075 $0 $0
2021 $1,948 $87,075 $0 $0
2020 $1,580 $28,350 $0 $0
2019 $784 $28,350 $0 $0
2018 $784 $28,350 $0 $0
2017 $784 $28,350 $0 $0
2016 $753 $0 $0 $0
2015 $753 $27,225 $0 $0
2014 $753 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2333753

Realtracs

APN: 095-065.08