NOT LISTED FOR SALE

Estimated Value: $795,000 - $968,000

4 Beds
3.5 Baths
2,566 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $511,600 $199 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,410/month

304 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Ooltewah Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of March 2020

THE CRAVEN floorplan built by Barry Payne Homes features 4 bedrooms with Master on Main Level, and 3.5 Bathrooms. Walk in from the spacious covered front porch to a large family room with beautiful fireplace with open concept kitchen and dining room area. Just off the kitchen are a pantry and separate laundry room. Through the rear foyer, you will find access to the half bath, covered patio, and the master bedroom. The private Master Bedroom Suite is located away from the rest of the downstairs living space with a large Master Bathroom and Walk-in Closet. Upstairs you will find a Lounge area and three Bedrooms, two if which have shared hall access to a full Bathroom and one with a private bathroom, and walk-in closets. This floorplan also includes a nice sized downstairs Laundry Room and a Two Car Garage.
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. Models are open from 1-5 each day!

Last Agent to Sell the Property

Becky Longwood

Legacy Real Estate & DevelopmentResidential, LLC License #308222 Listed on: 04/03/2019

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33 x 130
  • Level Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side or Rear Entrance to Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,566 Sq Ft Home
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Covered patio or porch

Schools

  • Hunter Middle School
  • Ooltewah High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Cambridge Square Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 132h F 008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Directions: I-75 to Exit 11. Turn right on Lee Hwy. Pass Walgreens and turn left onto Arbury Way. Home is on the Right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2017
  • Lot Size Acres: 0.1
  • Lot Size: 33 x 130
  • Subdivision Name: Cambridge Square
  • Architectural Style: Colonial
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1380.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1185.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • General Property Description:New Construction: Never Occupied
  • Siding:Fiber Cement: Yes
  • Misc Features:Trey Ceiling: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • Lot Features: Level
  • Construction Type: Fiber Cement, Brick, Block
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Side/Rear Entry, Main Level
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Lawn Care: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 132h F 008
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Mar 20, 2020
Sold by
Barry Payne Homes Llc
Bought by
Velado Fernando A and Velado Leslie Marie
Seller's Agent
Becky Longwood
Legacy Real Estate & DevelopmentResidential, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$515,000
Sold Price
$511,600
Premium/Discount to List
-$3,400
-0.66%
Current Estimated Value
$871,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,105
Avg. Annual Appreciation
9.41%
Original Mortgage
$356,600
Outstanding Balance
$288,720
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$537,549
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
Velado Fernando A $511,600 First Choice Title Inc
Barry Payne Homes Llc -- First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velado Fernando A $356,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $511,600 0.0% $199 / Sq Ft
03/20/2020 03/20/20 Sold $511,600 -0.7% $199 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
02/02/2020 02/02/20 Pending -- -- --
04/03/2019 04/03/19 For Sale $515,000 0.0% $201 / Sq Ft
02/13/2019 02/13/19 For Sale $515,000 -- $201 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $2,953 $132,000 $0 $0
2023 $2,962 $132,000 $0 $0
2022 $2,962 $132,000 $0 $0
2021 $2,962 $132,000 $0 $0
2020 $3,602 $129,950 $0 $0
2019 $3,602 $129,950 $0 $0
2018 $3,602 $129,950 $0 $0
2017 $130 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: East Tennessee REALTORS® MLS

MLS Number: 1075148

East Tennessee REALTORS® MLS

APN: 132H-F-008