NOT LISTED FOR SALE

8845 Grey Reed Dr Ooltewah, TN 37363

Estimated Value: $776,082 - $899,000

5 Beds
4 Baths
3,250 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $799,900 $246 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,557/month

141 Days on Market

Highlights

  • New Construction
  • 0.47 Acre Lot
  • Wood Flooring
  • Ooltewah Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of June 2024

**Photos updated 2-21**


Discover the Lavish Savannah Cove and G.T. Issa's 5-Bedroom 4 Bath Floor Plan
Welcome to a stunning abode where spacious interiors and stunning enhancements blend together to create the ultimate dream home. As soon as you step through the elegant double doors, you'll know you're entering a truly special space. The great room boasts a magnificent wall of windows that lets in plenty of natural light.
From the hardwood floors to the specialty ceilings and formal dining area, this home exudes pure luxury with its 9-foot ceilings and granite countertops. The master bedroom is conveniently located on the main level and comes with a walk-in closet and a spa-like master bathroom. Another great feature of the home is the 2nd bedroom on the main level. Don't hesitate - make this luxurious space your own today!

This property sits on a beautiful level lot. Zoned for Ooltewah schools. Savannah Cove is a new community in Ooltewah with scenic ridge line views of White Oak Mountain. Enjoy the rural feeling yet minutes to everything thriving in Ooltewah such as Cambridge Square and Collegedale Commons for shopping & restaurants.

Last Agent to Sell the Property

Gina Sakich

Better Homes and Gardens Real Estate Signature Brokers License #260454 Listed on: 10/17/2023

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Dawnelle Buller

Better Homes and Gardens Real Estate Signature Brokers License #368649

Better Homes and Gardens Real Estate Signature Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $364

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 160.09x70.05
  • Level Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 3,250 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Game Room with Fireplace
  • Loft
  • Basement
  • Crawl Space
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Built by GT Issa Construction LLC
  • Savannah Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 104j G 014

Home Details

Home Type

Single Family

Est. Annual Taxes

$364

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 160.09X70.05
  • Subdivision Name: Savannah Cove
  • Directions: Directions: I-24 E towards Knoxville/Atlanta, Merge onto I-75 N via EXIT 185B on the left toward Knoxville. Take the US-11 N/US-64 E exit, EXIT 11, toward Ooltewah. Turn left onto US-11 S/US-64 W/TN-2/Lee Hwy. Continue to follow Lee Hwy. Turn right onto Hunter Rd. Hunter Rd becomes Mountain View Rd. Mountain View Rd becomes Ooltewah Georgetown Rd/County Hwy-1145. Turn left onto Roy Ln. Turn Right on Grey Reed.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 3250.0
  • New Construction: Yes
  • Year Built: 2023
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 104j G 014
  • Location Tax and Legal Elementary School: Ooltewah Elementary
  • Location Tax and Legal Middle Or Junior School2: Hunter Middle
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 363.56
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.47
  • General Property Information Lot Size Square Feet2: 12438.0
  • General Property Information Lot Size Dimensions: 160.09X70.05
  • 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:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Multi Units: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Breakfast Nook: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Levels:One and One Half: Yes
  • General Property Information Builder Name: GT Issa Construction LLC
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Gas Range, Electric Water Heater, Disposal, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Nook, Connected Shared Bathroom, En Suite, Entrance Foyer, Granite Counters, High Ceilings, Primary Downstairs, Separate Dining Room, Separate Shower, Soaking Tub, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: GT Issa Construction LLC
  • Construction Type: Brick, Stone
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • 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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 750.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 12438.0
  • Additional Parcels: No
  • Parcel #: 104j G 014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 363.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jun 3, 2024
Sold by
G T Issa Construction Llc
Bought by
Loken Kathleen S and Loken Dwight D
Seller's Agent
Gina Sakich
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Dawnelle Buller
Better Homes and Gardens Real Estate Signature Brokers
List Price
$799,900
Sold Price
$799,900
Views
42
Current Estimated Value
$812,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,871
Avg. Annual Appreciation
-0.08%
Original Mortgage
$399,900
Outstanding Balance
$396,644
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$402,440
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
Loken Kathleen S $799,900 Warranty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loken Kathleen S $399,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $799,900 0.0% $246 / Sq Ft
03/14/2024 03/14/24 For Sale $799,900 0.0% $246 / Sq Ft
03/02/2024 03/02/24 Off Market $799,900 -- --
10/11/2023 10/11/23 For Sale $799,900 -- $246 / 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 $1,964 $87,775 $0 $0
2023 $364 $16,250 $0 $0
2022 $364 $16,250 $0 $0
2021 $364 $16,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1381154

Greater Chattanooga REALTORS®

APN: 104J-G-014