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5439 Little Gem Lane

5439 Little Gem Lane, Ooltewah, TN 37363
Sold Oct 05, 2020
$290,000
$275,500 by Quicken Loans Llc
Mortgage Due Nov 01, 2050
Sold Aug 29, 2012
$219,000
$215,033 by Firstbank
Mortgage Due Sep 01, 2042
5439 Little Gem Lane has been categorized by the local assessors in Ooltewah, TN as a residential type of property. The building on the property was first built in 2012 and is 12 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5439 Little Gem Lane has 2,124 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5439 Little Gem Lane was last sold in Oct 2, 2020 for $290,000. According to our calculations, that's $136.53 per sqft. Prior to that sales transaction, the property was sold for $219,000 in Aug 20, 2012. Current property owners are expected to pay $1,824 in taxes per year. The property on 5439 Little Gem Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $81,125. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C-
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA CREEK SUB
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 15 MAGNOLIA CREEK SUB PB 95 PG 8 8 OUT OF 131-49 FOR 2012

Ownership

  • Current Owner : GADD CLIFFORD WILLIAM
  • Previous Owner : CROUCH BARRY A
  • Previous Owner 2: CROUCH NIKKI OLGA
  • Owner Before Previous Owner: STONEHILL LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011447

Geography

  • Assessors Map Reference: MB 95 PG 88
  • Account Number: 0000166121
  • District: 2
  • Parcel: 131C H 015
  • Lot: 15
  • Municipality: COUNTY SOUTH
  • Latitude: 35.0851
  • Longitude: -85.0848

    Address

  • Full Address: 5439 Little Gem Ln
  • Address - House Number: 5439
  • Address - Street Name: Little Gem
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Ooltewah
  • Carrier Code: R027
  • 4-Digit Zip Code: 1423
  • Zip Code: 37363

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,824

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 455,652
  • High Value: 566,527
  • Low Value: 344,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $324,500
  • Market Land Value: $25,000
  • Market Improvement Value: $299,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,125

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11791859442
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020100500411
  • Previous Sale Recording Date: Aug 29, 2012
  • Previous Sale Contract Date: Aug 20, 2012
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Aug 29, 2012
  • Previous Mortgage Loan Amount: $215,033
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2042

About Ooltewah - Summit



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Frequently Asked Questions

What neighborhood is 5439 Little Gem Lane located in?
The 5439 Little Gem Lane is a house located in the neighborhood of Ooltewah - Summit in Ooltewah - Summit, Ooltewah.
What is the average sales price for listings in 5439 Little Gem Lane?
The average sales price for units in 5439 Little Gem Lane is $299,900 , or $141/sqft. currently.

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