NOT LISTED FOR SALE

8745 Knolling Loop Unit 50 Ooltewah, TN 37363

Estimated Value: $541,000 - $571,154

4 Beds
3.5 Baths
3,050 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $499,900 $164 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,217/month

140 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Wood Flooring
  • Ooltewah Elementary School Rated A-
  • Contemporary Architecture
  • Separate Formal Living Room

About This Home

As of October 2023

Welcome to Bainbridge, a brand new neighborhood in Ooltewah. This stunning home is the Alexandria floor plan. Step into the bright and inviting main level with a luxury kitchen boasting an oversized eat-on island and a walk-in pantry. Formal dining room that opens up to the Great Room with a fireplace. Four bedrooms on the second floor, along with a bonus room and a laundry room - plenty of space for family or guests! And don't forget about the bonus features like the back patio, the sodded yard, and a 2-car garage.

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 05/05/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95x100

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • High Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Separate Formal Living Room
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Bainbridge Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2023
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Entry Foyer, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 3050
  • Building Area Units: Square Feet
  • Living Area: 3050
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 2

Utilities

  • 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 Fee: 1000
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Low Flow Plumbing Fixtures

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.27
  • Lot Size: 95x100
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Oct 20, 2023
Sold by
Clayton Properties Group Inc
Bought by
Beard Jeff Arledge and Beard Victoria Elizabeth
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
List Price
$529,000
Sold Price
$499,900
Premium/Discount to List
-$29,100
-5.5%
Views
85
Current Estimated Value
$555,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,139
Avg. Annual Appreciation
4.94%
Original Mortgage
$324,900
Outstanding Balance
$318,511
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$236,528
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beard Jeff Arledge $499,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Jeff Arledge $324,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $499,900 0.0% $164 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $499,990 -4.6% $164 / Sq Ft
08/24/2023 08/24/23 Price Changed $524,000 -0.9% $172 / Sq Ft
05/05/2023 05/05/23 For Sale $529,000 -- $173 / 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 $2,617 $116,975 $0 $0
2023 $2,626 $116,975 $0 $0
2022 $336 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2516365

Realtracs

APN: 114J-C-001