NOT LISTED FOR SALE

8882 Grey Reed Dr Ooltewah, TN 37363

Estimated Value: $733,000 - $785,000

5 Beds
4 Baths
3,225 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $639,900 $198 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,269/month

117 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • Ooltewah Elementary School Rated A-
  • Engineered Wood Flooring
  • Whirlpool Bathtub

About This Home

As of April 2022

**Photos updated 4-6**



Photos are representative of finished home. Under construction Estimated completion 2/2022. G.T ISSA's ''Cypress Jo'' floor plan is bright and open with 4 Bedrooms + Bonus room(5th bedroom) This home features specialty ceilings, Custom cabinets, Granite counter tops, Gas range with custom hood. Master is on first floor with barn door entry to an en suite bath featuring a stand alone tub.



Another first floor bedroom (and bath) would make great home office. The second floor features 3 bedrooms with 2 full baths.

Savannah Cove is a new community in Ooltewah with scenic ridge line views of White Oak Mountain including a Community lake lot with partial views during summer months.

Last Agent to Sell the Property

Gina Sakich

Better Homes and Gardens Real Estate Signature Brokers License #260454 Listed on: 08/13/2021

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Paula McDaniel

Real Estate Partners Chattanooga LLC License #245947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 195.58x70x197.39x70

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,225 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Game Room with Fireplace
  • Basement
  • Crawl Space
  • Walk-In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

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

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Savannah Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number P3 119/126

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 2021 | 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: 0.32
  • Lot Size: 195.58X70X197.39X70
  • 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 Left on Grey Reed, Lot #2 (8953) on Right
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 3225.0
  • New Construction: Yes
  • Year Built: 2021
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: P3 119/126
  • 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: 3332.77
  • 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: 0.32
  • General Property Information Lot Size Square Feet2: 13754.0
  • General Property Information Lot Size Dimensions: 195.58X70X197.39X70
  • 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
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Flooring Engineered Hardwood: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Levels:One and One Half: Yes
  • Interior Features Breakfast Room: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Gas Range, 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, Tile
  • Interior Amenities: Breakfast Room, Eat-in Kitchen, En Suite, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: 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

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Block
  • Patio And Porch Features: 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
  • Construction Materials:Stone: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • 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: 13754.0
  • Additional Parcels: No
  • Parcel #: P3 119/126
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3332.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Godbole Mukund P and Godbole Virginia M
Bought by
Revocable Trust
Current Estimated Value
$754,814

Purchase Details

Listed on
Aug 13, 2021
Closed on
Apr 13, 2022
Sold by
G T Issa Construction Llc
Bought by
Godbole Mukund P and Godbole Virginia M
Seller's Agent
Gina Sakich
Better Homes and Gardens Real Estate Signature Brokers
Buyer's Agent
Paula McDaniel
Real Estate Partners Chattanooga LLC
List Price
$624,900
Sold Price
$639,900
Premium/Discount to List
$15,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$511,920
Interest Rate
3.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Revocable Trust -- None Listed On Document
Godbole Mukund P $172,945,945 Warranty Title
Godbole Mukund P $639,900 Warranty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godbole Mukund P $511,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $639,900 +2.4% $198 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $624,900 -- $194 / 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 $2,971 $132,800 $0 $0
2023 $2,980 $132,800 $0 $0
2022 $2,110 $94,325 $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: 1341433

Greater Chattanooga REALTORS®

APN: 104J-G-036