$750,000
SOLD MAY 27, 2020
5 Beds
5.5 Baths
3,034 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

260 Days on Market

Highlights

  • New Construction
  • Deck
  • Cathedral Ceiling
  • Ooltewah Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2020

THE GRAYSTONE floorplan, built by Barry Payne Homes features 4 bedrooms and 3.5 baths in the main home and a 1 bed 1 bath apartment over the garage. Walk in from the rocking chair front porch to a beautiful modern foyer with entrance to an office study or formal dining room and entrance to the front guest bedroom with a private full bath. The foyer opens up to an open concept kitchen, dining room and great room complete with fireplace, large kitchen island and vaulted ceiling. You will also appreciate the large butlers pantry just off the kitchen leading to the dining room in the front. Additionally, there is easy access to a half bath and a separate laundry/utility room. The private Master Bedroom Suite is located away from the rest of the downstairs living space with a large Master Bathroom including separate vanities, and Walk-in Closet. The master and the kitchen both have access to a private covered patio on the side of the home.
Upstairs leads to a bonus room area and two full bedrooms with large closets. One bedroom has an en suite bath and the other has hallway access to a full bathroom.
Over the two car garage is a finished 745 sf apartment with private entrance from the garage which includes a nice sized kitchen and full bathroom.
Cambridge Square homes feature large, functional front porches, immaculate landscaping, and a sidewalk system that connect you to your neighbors and the growing Cambridge Square Commercial District with Restaurants, Boutiques, Financial Planners, Medical Specialists, and more! Barry Payne is a licensee and owner of Legacy Real Estate & Development/Residential LLC and owner of Barry Payne Homes, LLC and has a personal Interest in the sale of this home.

Last Agent to Sell the Property

Peggy Payne

Legacy Real Estate & Development/Residential, LLC License #241324 Listed on: 02/13/2019

Co-Listed By

Becky Longwood

Legacy Real Estate & Development/Residential, LLC License #308222

Last Buyer's Agent

Autumn Burke

Legacy Real Estate & Development/Residential, LLC License #323295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41 x 130
  • Level Lot
  • Zero Lot Line
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room with Fireplace
  • Bonus Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Free-Standing Gas Range
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

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
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Cambridge Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132h E 011

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 41 x 130
  • Co List Office Mls Id: 17106
  • Co List Office Phone: 423-531-7754
  • Subdivision Name: Cambridge Square
  • Directions: I-75 to Exit 11.Turn right on Lee Hwy. Pass Walgreens and turn left onto Arbury Way. Turn Right onto Purbeck Lane and home is on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3034.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2019
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 132h E 011
  • 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: 691.3
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 0.12
  • General Property Information Lot Size Square Feet2: 5227.2
  • General Property Information Lot Size Dimensions: 41 x 130
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: 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
  • Architectural Style:Contemporary: Yes
  • Cooling:Multi Units: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Split Bedrooms2: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Gas Water Heater, Free-Standing Gas Range, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Dining Room, Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:None3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: 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:Double Vanity: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Great Room2: Yes

Exterior Features

  • Lot Features: Level, Split Possible, Zero Lot Line
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • 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
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Garage Faces Rear, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Faces Rear: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, 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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 375.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No
  • Parcel #: 132h E 011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 691.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 27, 2020
Sold by
Barry Payne Homes Llc
Bought by
Burke Kevin Brent and Burke Melissa Autumn
Seller's Agent
Peggy Payne
Legacy Real Estate & Development/Residential, LLC
Buyer's Agent
Autumn Burke
Legacy Real Estate & Development/Residential, LLC
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,261,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,023
Avg. Annual Appreciation
9.65%
Original Mortgage
$485,000
Outstanding Balance
$435,376
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$764,157

Purchase Details

Closed on
May 4, 2018
Sold by
Barry Paune Development Llc
Bought by
Barry Payne Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.45%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 None Available
Warranty Deed $105,000 First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $485,000 Unknown
Previous Owner $384,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $750,000 0.0% $247 / Sq Ft
05/27/2020 05/27/20 Sold $750,000 0.0% $212 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/31/2019 10/31/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $750,000 0.0% $247 / Sq Ft
09/13/2018 09/13/18 For Sale $750,000 -- $212 / 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 $4,011 $179,300 $0 $0
2023 $4,020 $179,300 $0 $0
2022 $4,020 $179,300 $0 $0
2021 $4,020 $179,300 $0 $0
2020 $3,928 $102,425 $0 $0
2019 $2,841 $102,425 $0 $0
2018 $691 $25,000 $0 $0
2017 $130 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1294615

Greater Chattanooga REALTORS®

APN: 132H-E-011