824 Fortunate Way, Hixson, TN 37343 (MLS# 1398870)

824 Fortunate Way, Hixson, TN 37343

$1,000,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,328 Lot Size (sq. ft.): 348,480 Status: Closed
Current Price: $1,000,000 List Date: 9/07/2024 Last Modified: 12/18/2024

Overview

Description

Welcome to 824 Fortunate Way: 8 beautiful, flat acres in Falling Water, TN just 15 minutes from downtown Chattanooga. This property has already been subdivided and perc (soil) tested if the new owner wishes to build another structure on the property! 5 acres including the home, creek and garage/workshop are also available for $799,900 (MLS #1394473). Fortunate Way is the definition of a serene retreat: sit on your covered front porch to hear only the sounds of the birds, wind chimes and creek flowing through the back of the property. This property is not within city limits therefore allowing livestock. Build your dream garden or have your ideal land for animals while being close to everything in town. Built in 2014 and offering all one-level living, this home has 3 bedrooms, 2 bathrooms and an open living/dining room combo perfect for entertaining. Some amazing features of this property include: climate controlled attic storage that runs almost the entire length of the house; a sto ...

Listing Details MLS# 1398870

General Property Information

Bedrooms Total
3
Rooms Total
11
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
2328
Living Area
2328
Living Area Source
Tax Records
Enhanced Accessible
Yes
Year Built
2014
New Construction YN
No
Builder's Warranty YN
No
Home Warranty YN
No
Garage YN
No
Carport YN
No
Lot Size Acres
8
Lot Size Square Feet
348480
Association YN
No
View YN
Yes
Waterfront YN
Yes
Basement YN
No
Fireplace YN
No
Senior Community YN
No
List Price/SqFt
515.46
Sold Price/SqFt
429.55
Deed Book
9865
Deed Page
532
Bathrooms Half
0
Lot Size Dimensions
No

Property Features

Appliances: Dishwasher; Electric Water Heater; Free-Standing Electric Range; Microwave; Refrigerator Attic Features: Storage Only Basement: None Cooling: Multi Units Exterior Features: Lighting Flooring: Tile Foundation Details: Concrete Perimeter Green Energy Generation: Solar Interior Features: Granite Counters; Open Floorplan; Pantry; Primary Downstairs; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Laundry Room; Washer Hookup Levels: One Listing Terms: Cash; Conventional; VA Loan; Owner May Carry Lot Features: Level Other Structures: Barn(s); Gazebo; Outbuilding Patio And Porch Features: Porch; Porch - Covered Possession: Close Of Escrow; Negotiable Roof: Shingle Security Features: Smoke Detector(s) Structure Type: Free Standing Building Utilities: Cable Available; Electricity Available; Phone Available; Underground Utilities View: Creek/Stream; Mountain(s); Other Water Source: Public Window Features: Insulated Windows Lock Box Type: None

Contract Information

Listing Contract Date
2024-09-04
Auction YN
No
Property Sub Type
Single Family Residence
Office Exclusive
No

Location Tax and Legal

Street Number
824
Street Name
Fortunate
Street Suffix
Way
County
Hamilton
State
TN
Postal Code
37343
Subdivision Name
None
MLS Area Major
County

Remarks and Miscellaneous

Public Remarks
Welcome to 824 Fortunate Way: 8 beautiful, flat acres in Falling Water, TN just 15 minutes from downtown Chattanooga. This property has already been subdivided and perc (soil) tested if the new owner wishes to build another structure on the property! 5 acres including the home, creek and garage/workshop are also available for $799,900 (MLS #1394473). Fortunate Way is the definition of a serene retreat: sit on your covered front porch to hear only the sounds of the birds, wind chimes and creek flowing through the back of the property. This property is not within city limits therefore allowing livestock. Build your dream garden or have your ideal land for animals while being close to everything in town. Built in 2014 and offering all one-level living, this home has 3 bedrooms, 2 bathrooms and an open living/dining room combo perfect for entertaining. Some amazing features of this property include: climate controlled attic storage that runs almost the entire length of the house; a storm shelter below the floor of the laundry room; tankless instant-on water heaters that conserves energy and provides abundant hot water; multiple frost-free fire hydrants spread through the property; shaded trails throughout the property that provide a park-like setting for walks, extensive/unique landscaping with trees and shrubs as well as river rock obtained from the property. One important thing to note about this unique property is the layout/design and floor plan: it was built based on passive solar design which lowers energy consumption and keeps utility bills at a minimum. The home was built with Structural Insulated Panels which contribute to the energy efficiency and creates a highly insulated space as well as climate-controlled attic storage space. The solar panels on the roof generate electricity which is sold back to the power board each month. This offsets energy costs and results in a financial gain each month. The owner is in Year 10 of 20 Year contract with EPB.
Directions
N on 153 from Hixson, go past Boy Scout Rd and under the Hwy 27 overpass, then left on Old Dayton Pk, right on Pitts Rd to right on Levi Rd, F Way on your left.

Status Change Information

Major Change Timestamp
2024-12-18T20:45:03Z
Major Change Type
Status Change
Status Change Timestamp
2024-12-18
Under Contract Date
2024-10-14
Close Date
2024-12-18
Close Price
1000000
Appraisal Waiver YN
No

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
359212
Listing Office’s State of Licensure
TN
Listing Office’s License Number
259621

Historical Information

Public Historical Remarks 1
Appliances: Single Oven. Garage/Parking: Driveway - ample parking. Heating: 2 or More Units.

Location, Tax, and Legal

Parcel Number
081 048
Elementary School
Middle Valley Elementary
Middle Or Junior School
Red Bank Middle
High School
Red Bank High School
Tax Annual Amount
2056.69
Tax Legal Description
081 048
Additional Parcels YN
No

Appliances

Dishwasher
Yes
Electric Water Heater
Yes
Free-Standing Electric Range
Yes
Microwave
Yes
Refrigerator
Yes

Attic Features

Storage Only
Yes

Basement

None
Yes

Exterior Features

Lighting
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes
Owner May Carry
Yes

Lot Features

Level
Yes

Other Structures

Barn(s)
Yes
Gazebo
Yes
Outbuilding
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Phone Available
Yes
Underground Utilities
Yes

View

Creek/Stream
Yes
Mountain(s)
Yes
Other
Yes

Water Source

Public
Yes

Cooling

Multi Units
Yes

Foundation Details

Concrete Perimeter
Yes

Security Features

Smoke Detector(s)
Yes

Structure Type

Free Standing Building
Yes

Levels

One
Yes

Patio And Porch Features

Porch
Yes
Porch - Covered
Yes

Window Features

Insulated Windows
Yes

Flooring

Tile
Yes

Green Energy Generation

Solar
Yes

Interior Features

Granite Counters
Yes
Open Floorplan
Yes
Pantry
Yes
Primary Downstairs
Yes
Walk-In Closet(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Laundry Room
Yes
Washer Hookup
Yes

Roof

Shingle
Yes

Lock Box Type

None
Yes
Listing Office: Real Estate Partners Chattanooga LLC
Last Updated: December - 18 - 2024
Information deemed reliable but not guaranteed.