NOT LISTED FOR SALE

8087 Balata Dr Ooltewah, TN 37363

Estimated Value: $875,000 - $1,446,051

4 Beds
3.5 Baths
3,795 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $1,357,000 $358 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,212/month

10 Days on Market

Highlights

  • City View
  • 2.6 Acre Lot
  • Deck
  • Ooltewah Elementary School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of April 2023

SUNRISE & SUNSET LONG-RANGE VIEWS ! Rare find in Chattanooga providing 300 degree views with excellent vistas from BOTH the front and the back of the home.

The all-brick European lodge-style home was custom designed and built in 2021 sits on a brow lot in the exclusive gated community of Mountain Lake Estates. Strategically designed to straddle the crest of White Oak Mountain it has both magnificent sunrise views over the Appalachian Mountains AND stunning sunsets over Lookout, Signal and the Cumberland Plateau.

This home provides a single-level, age-in-place open floorplan. Whether dining al fresca on one of the large verandahs or entertaining family and friends in the lodge room, you will enjoy and appreciate the natural surroundings, breath-taking views and privacy provided. In addition to amenities expected in a luxury mountain home, it offers a professional chef kitchen with two full-size ovens, two Bosch dishwashers, professional column refrigerator with matching freezer, plus an oversized walk-in pantry with a commercial icemaker.

The master wing includes an office, walk-through closet and large laundry room. The master bath boasts a two-person garden tub and a zero-entry Roman shower, both with sweeping long-range views. The oversized attached garage along with the separate detached garage offer ample space for vehicles, golfcarts, and hobbies.

Mountain Lake Estates is a tight-knit community with a resort-style atmosphere, a community pool and clubhouse in the highly desired area of Ooltewah. It nurtures a sense of seclusion and security yet is only 10 minutes to all conveniences and interstate access. The peaceful natural setting abounds with wildlife.

This professionally decorated home, newly built in 2021, may be sold furnished and comes with a professional home warranty.

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com License #338742 Listed on: 03/16/2023

ListWithFreedom.com

Last Buyer's Agent

Linda Brock

Real Estate Partners Chattanooga LLC License #258780

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 2021

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 189x514x351x393
  • Wooded Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,795 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Dryer

Kitchen

  • Free-Standing Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Ooltewah Elementary School
  • Hunter Middle School
  • Ooltewah High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 123c B 038

Community Details

Overview

  • Mountain Lake Ests Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,967

Year Built

Built in 2021

Lot Details

0

HOA Fees

$103 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.6
  • Lot Size: 189x514x351x393
  • Subdivision Name: Mountain Lake Ests
  • Directions: Take exit 11 off Interstate 75, turn west on Lee Hwy and drive 1/4 mile to Mountain View Road. Turn right onto Mountain View Road and drive 2.7 miles to roundabout. Take first right at roundabout (south) onto Ooltewah Georgetown Road, drive 1,000 feet then left onto Syler Road. Travel 1/4 mile, at stop sign go straight onto Mountain Lake Drive. Once through gate, take first right onto Balata Drive. Drive 1 mile - house is on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 3795.0
  • New Construction: No
  • Year Built: 2021
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 123c B 038
  • Location Tax and Legal Elementary School: Ooltewah Elementary
  • Location Tax and Legal Middle Or Junior School2: Hunter Middle
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 4967.42
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 2.6
  • General Property Information Lot Size Square Feet2: 113256.0
  • General Property Information Lot Size Dimensions: 189x514x351x393
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Levels:One: Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Parking Features Kitchen Level2: Yes
  • Heating Propane3: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Dryer, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: High Ceilings, Pantry, Separate Dining Room, Separate Shower, Walk-In Closet(s), Wet Bar
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Clubhouse: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Pool Features:Community: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: City, Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Garage Faces Side, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Sidewalks
  • Senior Community: No
  • Association Fee: 103.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 103.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 113256.0
  • Additional Parcels: No
  • Parcel #: 123c B 038
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4967.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 21, 2023
Sold by
Frizzell Michael D and Frizzell Tina Lea
Bought by
Summers Richard
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Linda Brock
Real Estate Partners Chattanooga LLC
List Price
$1,299,000
Sold Price
$1,357,000
Premium/Discount to List
$58,000
4.46%
Views
148
Current Estimated Value
$1,212,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,487
Avg. Annual Appreciation
-2.05%
Original Mortgage
$726,200
Outstanding Balance
$710,836
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$585,099

Purchase Details

Closed on
Dec 4, 2019
Sold by
Frizzell Michael D and Frizzell Tina Lea
Bought by
Frizzell Michael D and Frizzell Tina Lea

Purchase Details

Closed on
Nov 22, 2019
Sold by
Mountain Lake Estates Llc
Bought by
Frizzell Michael D and Frizzell Tina Lea
Source: Public Records

Range of Values:

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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
Summers Richard $1,357,000 None Listed On Document
Frizzell Michael D -- None Available
Frizzell Michael D $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Richard $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $1,357,000 +4.5% $358 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,299,000 -4.3% $342 / Sq Ft
03/10/2023 03/10/23 Off Market $1,357,000 -- --
03/10/2023 03/10/23 For Sale $1,299,000 -- $342 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $4,958 $221,625 $0 $0
2023 $4,967 $221,625 $0 $0
2022 $4,967 $221,625 $0 $0
2021 $755 $33,750 $0 $0
2020 $716 $25,875 $0 $0
2019 $716 $25,875 $0 $0
2018 $716 $25,875 $0 $0
2017 $716 $25,875 $0 $0
2016 $716 $0 $0 $0
2015 $716 $25,875 $0 $0
2014 $716 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1370181

Greater Chattanooga REALTORS®

APN: 123C-B-038