See Home Value
$2,148,326*
House - Off Market

515 Gentlemens Ridge

Signal Mountain, TN 37377
bedrooms
6 Beds
bathrooms
10 Baths, 3 Half Baths
square feet
11800 Sqft
$1,755,000 - $2,145,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Jan 11, 2022
$1,700,000
$1,360,000 by Broker Solutions Inc
Mortgage Due Feb 01, 2052
Sold May 13, 2003
$1,425,000
$1,050,000 by Suntrust Bank
Mortgage Due Apr 16, 2004

About This Property

Every once in a while, there is an opportunity to own one of Chattanooga's most sought after homes. This classic American Dream Estate sits on over 3 acres in one of Signal Mountains most desired neighborhoods. Meticulously maintained, these sellers have made memories w/ friends & family for over 18 yrs. Tucked away on a cul-de-sac, this home has it all. Move in ready w/ a NEW(2018) state of the art architectural roof w/ transferable warranty. This private oasis features 2 large fenced in backyards, tennis court, nature trail, 11 car garage, and a large enough space to entertain any size crowd with a covered tiki bar and upscale private pool. 515 Gentlemens Ridge is zoned for Signal Mountain schools which are 0.5- 2.9 miles from your front door. As you walk in the front entrance you'll be greeted by a grand foyer looking up at a unique ceiling dome over a spiral staircase. The main level spotlights a gourmet kitchen with 2 sinks, executive office, formal and informal dining areas, laundry room, sitting room, and our favorite... the great room with over 20 ft windows which allow natural light to flow throughout your home. The master bedroom features vaulted ceilings, fire place, sitting room, 2 gigantic his/her walk in closets, & a spacious bathroom. On top level you will find 4 large bedroom suites w/ ample storage. Downstairs in the basement you can let your imagination run wild. With a full kitchen, living room, Master Suite w/ sauna, gym, & 2nd laundry room you can use this as an entertainment space or mother-in-law suite. The Home Theatre allows you to enjoy luxury & entertainment in the comfort of your own home. Be prepared to be impressed with a private backyard resort style of paradise. The heated pool area features a new blue glass fireplace, grill area, & tiki club bar. If your not ready for a showing yet, there's more. In 2016 the sellers built phase 2 which boasts an 8 car garage on bottom level & over 2,000 sq ft of PRIVATE living space previously used as a guest suite. The private guest suite has its own fenced in backyard w/ a huge deck your guest will enjoy dreaming off into nature. Bring your family & friends to a showing... you may never want to leave.

The manager has listed the unit size as 11800 square feet.
Unit Size
11,800Ft²
Days on Market
-
Land Size
3.25 acres
Price per sqft
$165
Property Type
House
Property Taxes
$1,088
HOA Dues
$200
Year Built
2002

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold to Hannah Silverman, Lance Sil... $1,700,000
Sold to Hannah Silverman, Lance Sil...
Dec 23, 2021 No longer available -
No longer available
Nov 27, 2021 In contract -
In contract
Nov 9, 2021 Relisted $1,950,000
Relisted
Sep 22, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Excellent
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 141,570
  • Total Building Area: 9,614
  • Building Area: 9,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 9,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMPTONS
  • Land Acres: 3.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 64 BROW ESTATES PB71 PG56

Ownership

  • Current Owner : SILVERMAN LANCE
  • Current Owner 2: SILVERMAN HANNAH
  • Previous Owner : PATIL TAMMY JUANITA
  • Previous Owner 2: PATIL VINIT DATTA
  • Owner Before Previous Owner: POTTER TROY S
  • Owner Before Previous Owner 2: POTTER CHRISTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011004

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: MB 71 PG 56
  • Account Number: 0000025446
  • District: 3W
  • Parcel: 098O E 010
  • Lot: 64
  • Municipality: WALDEN
  • Latitude: 35.1385
  • Longitude: -85.326

    Address

  • Full Address: 515 Gentlemens Rdg
  • Address - House Number: 515
  • Address - Street Name: Gentlemens
  • Address - Suffix Type: Rdg
  • State: TN
  • City Name: Signal Mountain
  • Carrier Code: C006
  • 4-Digit Zip Code: 3282
  • Zip Code: 37377

Valuation

    Tax

  • Total Area: 7,957
  • Tax Year: 2023
  • Tax Amount: $11,998

    Appraisal Valuation

  • Standard Deviation: 0.2697
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 61
  • Final Value: 1,915,541
  • High Value: 2,432,341
  • Low Value: 1,398,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2022
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,733,300
  • Market Land Value: $292,500
  • Market Improvement Value: $1,440,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,325

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Transaction ID: 11877554139
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022011100185
  • Previous Sale Recording Date: May 13, 2003
  • Previous Sale Contract Date: Apr 16, 2003
  • Previous Sale Amount: $1,425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jan 11, 2022
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: May 13, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 16, 2004



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Signal Mountain


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 201 S Palisades Dr, Signal Mountain, TN, 37377

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,926 ft²
201 S Palisades Dr, Signal Mountain, TN, 37377 Listing by Amy S Kuehnel


Frequently Asked Questions

When was property at 515 Gentlemens Ridge built and last sold?
The property at 515 Gentlemens Ridge was built in 2002 and last sold on Jan 11, 2022 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 515 Gentlemens Ridge is $1,950,333.
What are some comparable homes to 515 Gentlemens Ridge?
There are currently no comparable homes to 515 Gentlemens Ridge.

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