NOT LISTED FOR SALE

0 5 Lot Gap Road Lot 5 Unit RTC2436374 Altamont, TN 37301

Estimated Value: $30,000

6 Acres
$5,445 Price per Acre
240,016 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $25,668

Est. 17% increase in value since last sale

Current estimated payment $172/month

36 Days on Market

Highlights

  • No HOA
  • Lot Has A Rolling Slope
  • No Heating

About This Lot

As of December 2022

WHAT A VIEW! Owner financing available. Sweeping bluff views from Gap Road. Scenic lot, with good timber, rock formations, offering off grid living perfect for you to build your private mountain home or keep it as a camping/hunting/recreation retreat. NO HOA . Centrally located between Nashville and Chattanooga and just minutes from the state parks and concerts at The Caverns! No size restrictions and short-term vacation rentals allowed. Very successful short term rentals on Gap road. The pictures are of the subdivision and not necessarily of this lot. Neighboring lots are also available for sale. Owner financing: Price is $6,000 acre - 25% down payment and loan for 60 to 120 months at 9.5 No Pre-payment penalty.

Last Agent to Sell the Property

Mack Meeks

Peck Realty Group, LLC License #264829 Listed on: 09/07/2022

Last Buyer's Agent

Mack Meeks

Peck Realty Group, LLC License #264829 Listed on: 09/07/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $87

Lot Details

  • 5.51 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Lot Has A Rolling Slope

Schools

  • North Elementary
  • Grundy Co High School

Community Details

  • No Home Owners Association
  • Adam Meister Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 018 00710 000

Property Details

Property Type

Land

Est. Annual Taxes

$87

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt, Gravel
  • Topography: SLOPE
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: None
  • Current Use: Other
  • Lot Size Acres: 5.51
  • Lot Size Units: Acres
  • Parcel #: 018 00710 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 84
  • Tax Lot: 5

MLS Schools

  • Elementary School: North Elementary
  • High School: Grundy Co High School
  • Middle Or Junior School: North Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Dec 8, 2022
Sold by
Gl Land Llc
Bought by
Tenn Premium Homes Llc
Seller's Agent
Mack Meeks
Peck Realty Group, LLC
Buyer's Agent
Mack Meeks
Peck Realty Group, LLC
List Price
$33,600
Sold Price
$25,668
Premium/Discount to List
-$7,932
-23.61%
Views
14
Current Estimated Value
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,332
Original Mortgage
$70,000
Outstanding Balance
$50,388
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2022
Sold by
Hebert Jr Herbert L
Bought by
Gl Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 6, 2001
Sold by
Rogers Florence K
Bought by
Rogers Herbert L

Purchase Details

Closed on
Aug 20, 1989
Bought by
Rogers Buddy Herbert and Florence Koc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tenn Premium Homes Llc -- --
Gl Land Llc -- None Listed On Document
Rogers Herbert L -- --
Rogers Buddy Herbert $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenn Premium Homes Llc $70,000
Previous Owner Gl Land Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $25,668 -23.6% --
10/14/2022 10/14/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $33,600 -- --
Source: Realtracs

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 $87 $6,075 $6,075 $0
2023 $87 $6,075 $6,075 $0
2022 $88 $3,975 $3,975 $0
2021 $88 $3,975 $3,975 $0
2020 $88 $3,975 $3,975 $0
2019 $129 $5,100 $5,100 $0
2018 $129 $5,100 $5,100 $0
2017 $129 $5,100 $5,100 $0
2016 $129 $5,100 $5,100 $0
2015 $129 $5,100 $5,100 $0
2014 -- $5,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2436374

Realtracs

APN: 018-007.10