I
Seller's Agent in 2023
Ira Grimes III
Lookout Mountain Real Estate
(706) 398-9686
23 in this area
33 Total Sales
895 Lake Loop Rd Menlo, GA 30731
Rising Fawn NeighborhoodEstimated Value: $399,000 - $653,000
2
Beds
2.5
Baths
1,165
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Lake On Lot
- Open Floorplan
- Pond
- Gated Community
- Stationary Dock
- Cathedral Ceiling
About This Home
As of September 2023Delightful lake cottage in Lookout Highlands. The cottage sits on a beautiful point overlooking Lake Shelby, a 15+/- ac stocked and managed fishing lake. Enjoy the large screen porch with panoramic views of the lake. Great room has large mountain stone fireplace that rises to the apex of the beamed cathedral ceiling. Sleeping loft overlooks the great room. Cottage has a great fishing dock. Sale includes some of the indoor furniture, some of the outdoor furniture, some of the pictures and decorations, the microwave, some of the dishes and pots and pans, the pontoon boat, the UTV, kayaks, and trailer for kayaks. The home is in Lookout Highlands, the largest gated community on Lookout Mountain with approx. 1,600 ac. This rustic community has 4 stocked fishing lakes, hiking trails, a 100+ foot step-down water fall and an 80+ foot single drop waterfall and approx. 600+/- acres of green space. Lookout Highlands offers a lifestyle like no other community in the area and all this is just 35 minutes from the heart of downtown Chattanooga and the magnificent riverfront. Lookout Highlands is across Hwy 157 for McLemore with its Hilton Curio Collection 245-room hotel/convention center/spa opening in early 2024; along with its award winning Highlands Course featuring one of the ''Best Finishing Holes in the World per Links Magazine and the soon to be open Bill Bergin and Rees Jones designed Outpost golf course overlooking the eastern valley. Also enjoy fine dining at the famous Canyon Grill. All of this is set in the mountains less than 2 hours from Atlanta, Birmingham, Huntsville and Nashville.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,750
Year Built
- Built in 1992
Lot Details
- 2.28 Acre Lot
- Rural Setting
- Level Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
HOA Fees
- $83 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
- Metal Roof
Interior Spaces
- 1,165 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Cathedral Ceiling
- Gas Log Fireplace
- Great Room with Fireplace
- Game Room with Fireplace
- Basement
- Crawl Space
- Electric Range
- Property Views
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
Outdoor Features
- Stationary Dock
- Pond
- Lake On Lot
- Covered patio or porch
- Exterior Lighting
Schools
- Dade County Elementary School
- Dade County Middle School
- Dade County High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 046 00 007 Ls8
Community Details
Overview
- Lookout Highlands Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2017
Sold by
Mckenzie Maria C
Bought by
Mckenzie Roderick K and Trustees Of Mckenzie Family Tr
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
Unknown
Purchase Details
Listed on
Jun 3, 2010
Closed on
Apr 18, 2012
Sold by
Taliaferro Edward Newell J
Bought by
Mckenzie Roderick K and Mckenzie Maria C
Seller's Agent
Ira Grimes III
Lookout Mountain Real Estate
Buyer's Agent
Ira Grimes III
Lookout Mountain Real Estate
List Price
$285,900
Sold Price
$225,000
Premium/Discount to List
-$60,900
-21.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$183,200
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2008
Sold by
Taliaferro Wendy W
Bought by
Taliaferro Edward Newell
Purchase Details
Closed on
Oct 16, 2002
Sold by
Taliaferro Wendy W A
Bought by
Taliaferro Wendy W
Purchase Details
Closed on
Jan 28, 1993
Sold by
Irene Wehrmann
Bought by
Taliaferro Wendy W A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckenzie Roderick K | -- | -- | |
| Mckenzie Roderick K | $229,000 | -- | |
| Taliaferro Edward Newell | -- | -- | |
| Taliaferro Edward Newell | -- | -- | |
| Taliaferro Wendy W | -- | -- | |
| Taliaferro Wendy W A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Bosshardt Charles Robert | $120,000 | |
| Open | Mckenzie Roderick K Trust | $200,000 | |
| Closed | Mckenzie Roderick K | $200,000 | |
| Previous Owner | Mckenzie Roderick K | $183,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2024 09/21/24 | Off Market | $420,000 | -- | -- |
| 09/21/2024 09/21/24 | Off Market | $225,000 | -- | -- |
| 09/14/2023 09/14/23 | Sold | $420,000 | -6.6% | $361 / Sq Ft |
| 08/20/2023 08/20/23 | Pending | -- | -- | -- |
| 06/25/2023 06/25/23 | For Sale | $449,500 | +99.8% | $386 / Sq Ft |
| 06/05/2012 06/05/12 | Sold | $225,000 | -21.3% | $188 / Sq Ft |
| 06/01/2012 06/01/12 | Pending | -- | -- | -- |
| 06/02/2010 06/02/10 | For Sale | $285,900 | -- | $239 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $4,221 | $191,860 | $96,000 | $95,860 |
| 2023 | $2,726 | $122,780 | $34,000 | $88,780 |
| 2022 | $2,496 | $112,420 | $32,000 | $80,420 |
| 2021 | $2,135 | $95,376 | $32,000 | $63,376 |
| 2020 | $2,125 | $91,056 | $32,000 | $59,056 |
| 2019 | $1,858 | $78,856 | $32,000 | $46,856 |
| 2018 | $1,892 | $78,856 | $32,000 | $46,856 |
| 2017 | $1,892 | $78,856 | $32,000 | $46,856 |
| 2016 | $1,867 | $78,096 | $32,000 | $46,096 |
| 2015 | $1,824 | $78,096 | $32,000 | $46,096 |
| 2014 | -- | $74,176 | $28,000 | $46,176 |
| 2013 | -- | $75,856 | $28,000 | $47,856 |
Source: Public Records
Agents Affiliated with this Home
-
Ira Grimes III
-
G
Seller Co-Listing Agent in 2012
George McGee III
Crye-Leike, REALTORS
Map
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Source: Greater Chattanooga REALTORS®
MLS Number: 1375639
APN: 046-00-007-LS8
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