2 months on rocket

5445 Little Gem Ln, Ooltewah, TN, 37363

$417,000

Home List Price

$4,952*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,250 SqFt
$185/SqFt
House

Location

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5445 Little Gem Ln, Ooltewah$417,000

Buyer Closing Credits

$4,952*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front, Off Street
Attached Garage2 spaces
Year Built2012
HeatingCentral, Electric, Forced Air
CoolingCeiling Fan(s), Central Air, Electric, Zoned
FireplaceGas Log, Great Room, Propane
MLS #1500661
Lot Size0.14 Acres
StatusActive

About 5445 Little Gem Ln

*New Price of $417K Plus a Holiday Flexible Cash Promotion of $7000K for buyers to use toward closing cost expenses, or temporary mortgage interest rate buy down, or carpet/paint credit* - Whatever buyers choose. Magnolia Creek is Ooltewah's most convenient subdivision, located just one-mile to I-75 for such an easy commute that features custom bungalow and cottage homes. This home sits back inside the community at a cul de sac location that offers sidewalks with the mailbox located right out front, where birds and deer have been seen in the back yard. This home features durable cement fiber siding, a welcoming covered front porch, landscaping that includes a mature crepe myrtle tree, level and fenced lot offering irrigation, newer HVAC, two dedicated 220V electric car charging stations with a wall mounted blink charger if needed, dedicated wall unit to add a freezer or extra refrigerator, extensive recessed lighting, granite countertops, stainless steel appliances, gas log fireplace with tile surround, and a half bathroom on the main level. An open concept of an eat-in breakfast room to the kitchen with a large island workstation, breakfast bar, kitchen tile backsplash, pantry, window sink, and newer LG appliances that includes the kitchen refrigerator. Plus a separate dining room with popular wainscoting finish or use as a home office. Convenient main floor laundry room with storage shelving, plus the washer and dryer remains with the new owners. The main level owner's suite sits to the back of the home, large walk-in closet, ensuite bathroom gives a separate tile shower, trackless shower door, separate tub with tile surround, and dual vanities. Upstairs are two additional spacious bedrooms, both with walk-in closets, and 2nd full bathroom. A finished expansion space of a huge bonus room or use as a 4th bedroom, additional family room, exercise room or home school with a large walk-in closet and additional storage. The thoughtful sellers increased the outdoor living space of a covered and screened back deck with vaulted wood stain ceiling that overlooks the private backyard and a firepit to enjoy the open air year round. This home will give easy and affordable living here with low county property taxes, and all the appliances remain where the neighborhood feels tucked away from the rest of the world, yet convenient to shopping, schools, restaurants, parks, playgrounds, golfing, lake access, community events, and everything thriving in the desired suburb of Ooltewah.

Property Details

Property Features

Property Information:

  • Year Built: 2012
  • Stories: 2
  • Living Area: 2,250 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

Interior Features

Interior Information:

  • Appliances: Water Heater, Washer/Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Electric Range, Exhaust Fan, Electric Water Heater, Dryer, Disposal
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Breakfast Bar, Breakfast Room, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, En Suite, Entrance Foyer, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Separate Dining Room, Separate Shower, Smart Camera(s)/Recording, Stone Counters, Storage, Tub/shower Combo, Walk-In Closet(s)
  • Fireplace: Gas Log, Great Room, Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fire Pit, Private Entrance, Private Yard, Rain Barrel/Cistern(s), Gutters, Smart Camera(s)/Recording, Back Fence, Fence, Privacy Fence, Wood Fence, Porch/Covered, Deck, Porch Front, Porch, Porch/Screened, Screened Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front, Off Street

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Front Yard, Level, Near Golf Course, Sprinklers In Front, Sprinklers In Rear, See Remarks
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

Other

Directions Information:

  • Directions: Subidivision is @ 1-Mile from the Exit detailed here. I-75 North to Exit 11. Left off Exit (Lee Hwy). Go under 75 overpass to stop light, Turn Left onto Hunter Rd. Left on Ooltewah-Harrison. Left into Magnolia Creek subdivision. Home is on the Right near the culdesac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $417,000
  • Price Per SqFt: $185/SqFt

HOA Fees:

  • Amount: $135
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,590
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ooltewah, TN.

Med. Sold Price

$464.6K

Med. Price/SqFt

$201

Avg. Days On Market

37

# of Sold Homes

100

5445 Little Gem Ln vs Ooltewah

83 DAYS ON ROCKET

+46 Days

$417,000

-$47.6K Less

$185/SqFt

-$16 Less

KEY TAKEAWAY

This property is $47.6K less than the Median Sold Price and $16/SqFt less than other homes in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1500661

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 2015Home Sold
$223,000
Nov 27, 2012Home Sold
$215,900
Feb 01, 2012Home Sold
$39,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,590$57,175
2019$1,590$57,175
2017$1,590$57,175

History based on county public records data.

Payment Calculator

$2,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,317

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4368550
6
/10
  • Wolftever Creek Elementary School

  • 5080 Ooltewah Ringgold Rd

  • 2.01 miles

  • Public District Grades PK-5

school-card-donut-4368551
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 2.29 miles

  • Public District Grades PK-5

school-card-donut-4368552
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 3.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,866. Typical income of Ooltewah, TN residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5445 Little Gem Ln

What is the listing price of this property?

The listing price of 5445 Little Gem Ln property is $417,000.

What type of property is this?

The property 5445 Little Gem Ln is a house located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Active Listing: 5445 Little Gem Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,590 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 18, 2015 for $223,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5445 Little Gem Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5445 Little Gem Ln is 2,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5445 Little Gem Ln is 2012.

Rocket HomesTennesseeHamilton CountyOoltewah373635445 Little Gem Ln

This home is located at 5445 Little Gem Ln in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This 2,250 square foot home, which was built in 2012, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $417,000.

Over 23 listings were sold over their listed price in November 2024 in Ooltewah, TN. In the same period over 52 listings were sold below the listed price and 25 listings were sold for the listed price. The number of listings in Ooltewah, TN decreased by 16.1% between October 2024 and November 2024. Listings spent 37 days on the market in November 2024, and had a median list price of $464,648 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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