Check Availability

5471 Little Gem Lane

5471 Little Gem Lane, Ooltewah, TN 37363
Sold May 24, 2022
$430,000
$280,000 by First Community Mortgage Inc
Mortgage Due Jun 01, 2052
Sold Jan 21, 2015
$227,900
$223,771 by Bank Of America Na
Mortgage Due Feb 01, 2045
5471 Little Gem Lane in Ooltewah, TN was first built in 2013 and is 11 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5471 Little Gem Lane has 2,067 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of wood. As for heating, the home is utilizing a central heating 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, 5471 Little Gem Lane was last sold in May 20, 2022 for $430,000. According to our calculations, that's $208.03 per sqft. Prior to that sales transaction, the property was sold for $227,900 in Jan 20, 2015. Current property owners are expected to pay $1,741 in taxes per year. The property on 5471 Little Gem Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $77,425. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,067
  • Building Area: 2,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,067
  • 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 11 MAGNOLIA CREEK SUB PB 95 PG 8 8 OUT OF 131-49 FOR 2012

Ownership

  • Current Owner : VITANZA WILLIAM ROSS
  • Current Owner 2: VITANZA COURTNEY LOURYN
  • Previous Owner : VANANTWERPEN
  • Previous Owner 2: TAMARIN
  • Owner Before Previous Owner: WATERS HOLLAND LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MB 95 PG 88
  • Account Number: 0000166117
  • District: 2
  • Parcel: 131C H 011
  • Lot: 11
  • Municipality: COUNTY SOUTH
  • Latitude: 35.0855
  • Longitude: -85.0846

    Address

  • Full Address: 5471 Little Gem Ln
  • Address - House Number: 5471
  • 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: $1,741

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 463,691
  • High Value: 574,345
  • Low Value: 353,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $309,700
  • Market Land Value: $25,000
  • Market Improvement Value: $284,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,425

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888716839
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3
  • Previous Sale Recording Date: Jan 21, 2015
  • Previous Sale Contract Date: Jan 20, 2015
  • Previous Sale Amount: $227,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 21, 2015
  • Previous Mortgage Loan Amount: $223,771
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Ooltewah - Summit



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 9060 Haileys Pond Dr, Ooltewah, TN, 37363

$1,800 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,330 ft²
9060 Haileys Pond Dr, Ooltewah, TN, 37363 Listing by Wendy Dixon
Unit for rent at 5318 Satelite Ct, Ooltewah, TN, 37363

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,862 ft²
5318 Satelite Ct, Ooltewah, TN, 37363 Listing by Denise Leach

Frequently Asked Questions

What neighborhood is 5471 Little Gem Lane located in?
The 5471 Little Gem Lane is a located in the neighborhood of Ooltewah - Summit in Ooltewah - Summit, Ooltewah.
What is the average sales price for listings in 5471 Little Gem Lane?
The average sales price for units in 5471 Little Gem Lane is $0 currently.

Quantcast