5 months on rocket

Backup Offers

7015 Luke Ln, Ooltewah, TN, 37363

$565,000

Home List Price

$6,709*

Closing Credit

3 Bedrooms
2 Full Baths
3,240 SqFt
$174/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7015 Luke Ln, Ooltewah$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1976
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Great Room, Wood Burning
ViewMountain(s)
MLS #1382997
Lot Size3.53 Acres
StatusAccepting Backup Offers
(Contingent)

About 7015 Luke Ln

TWO HOMES and a 30 x 40 SHOP....Discover the allure of this truly unique property featuring a main house, a second home and a 30 x 40 shop. This property includes 3,240 sqft main house, featuring an in-law suite in the walk-in basement. The main floor boasts 2 bedrooms with a Jack and Jill bath, a separate dining room, a spacious kitchen, and a large living room with a stunning fireplace. Step onto the expansive wood deck from the living room. The in-law suite includes a full kitchen, full bath, one bedroom and bonus room that could be used as an office of for your hobby. The second home consist of 1,467 sqft perfect for extended family or rental income. This distinctive setup offers versatility and the potential for various living arrangements, making it an ideal space to tailor to your specific needs and preferences. The main home has recently been upgraded with new gutters and windows, this property ensures modern functionality and aesthetic appeal, providing a fresh and well-maintained living space for you and your family.A versatile 30x40 shop with its own entrance and access to its own utilities, opens doors to endless possibilities. Don't let the Ooltewah address fool you, this opportunity is just minutes from Harrison Bay State Park, where you can enjoy quality time with family and friends amid breathtaking mountain views.Purchase includes two parcels.113 018.05 = 0.73 acreageAND113 018.01 = 2.80 acreageAlso on the property is an old 2 level pole barn/building that would need attention if the new owner wanted to utilize. Currently this building is not assessable at this time.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level
  • Year Built: 1976
  • Living Area: 3,240 SqFt

Listing Office:

  • Office Name: Crye-Leike, REALTORS

Interior Features

Interior Information:

  • Appliances: Disposal, Down Draft, Trash Compactor, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood Solid, Tile
  • Fireplace: In Great Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Guest House, Patio/Deck, Porch Covered

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 3.53 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Hamilton County High School, Public District Grades 10-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Hunter Middle School, Public District Grades 6-8
  • Wallace A. Smith Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North on Highway 58Right on Hunter RoadRight on Luke LaneProperty will be the next to the last on Luke Lane, on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $859
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Ooltewah, TN

City

Med. Sold Price

$459.9K

Med. Price/SqFt

$191

Avg. Days On Market

76

# of Sold Homes

62

7015 Luke Ln vs Ooltewah

162 DAYS ON ROCKET

+86 Days

$565,000

+$105K More

$174/SqFt

-$18 Less

KEY TAKEAWAY

This property is $105K more than the Median Sold Price and $18/SqFt less than other homes in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1382997

Listing Office:

  • Office Name: Crye-Leike, REALTORS

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: 4/27/2024, 8:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$859$30,725
2019$858$30,725
2017$859$30,725

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-1591331
8
/10

  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 0.88 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1591332
7
/10

  • Hunter Middle School

  • 6810 Teal Ln

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1591333
4
/10

  • Central High School

  • 5728 Highway 58

  • 1.79 miles

  • Public District Grades 9-12

school-card-donut-1591334
3
/10

  • Hamilton County High School

  • 9050 Career Ln

  • 5.17 miles

  • Public District Grades 10-12

school-card-donut-1591335
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 7.49 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,534. Typical income of Ooltewah, TN residents is between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7015 Luke Ln

What is the listing price of this property?

The listing price of 7015 Luke Ln property is $565,000.

What type of property is this?

The property 7015 Luke Ln is a house located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Accepting Backup Offers: 7015 Luke Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7015 Luke Ln are:
Wallace A. Smith Elementary School: GreatSchools Rating 8/10
Hunter Middle School: GreatSchools Rating 7/10
Central High School: GreatSchools Rating 4/10
Hamilton County High School: GreatSchools Rating 3/10
STEM School Chattanooga: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $859 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7015 Luke Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7015 Luke Ln is 3,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7015 Luke Ln is 1976.

Rocket Homes›Tennessee›Hamilton County›Ooltewah›37363›7015 Luke Ln

This home is located at 7015 Luke Ln in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This 3,240 square foot home, which was built in 1976, sits on a 3.53 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $565,000.

Ooltewah, TN housing market in March 2024 saw over 12 listings sold above listed price, more than 25 sold at listed price and over 25 sold below. The inventory of homes for sale in Ooltewah, TN between February 2024 and March 2024 increased by 7.8%. The median list price of listings available in March 2024 was $459,980, while the average time on the real estate market was 76 days.

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

More Resources