NOT LISTED FOR SALE

Estimated Value: $542,060 - $584,000

0.32 Acre
$1,724,346 Price per Acre
13,983 Sq Ft Lot

Last Sold February 25, 2020

Last sale price $27,500

Est. 1,913% increase in value since last sale

Current estimated payment $3,270/month

411 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Rectangular Lot

About This Lot

As of February 2020

BEST INVESTMENT IN TOWN! BEST INVESTMENT IN TOWN! These 4 prime lots are at the end of a quiet cul-de-sac and two streets away, homes sell for $500,000. You won't believe the land development in the area of single-family and twin homes selling for over $300,000. And there are even beautiful views of Signal Mtn. and gorgeous trees on every side. And did we mention convenience? In popular North Chatt, you're five minutes to Hwy. 27 and the riverfront where all the action takes place in Chattanooga. Watch the listing for aerial views coming as soon as the weather clears and a survey is also being done to clarify the lot lines. These won't last long so take a drive by TODAY. (HALF OF PARCEL 135BC020)

Last Agent to Sell the Property

Maggie Armstrong

Keller Williams Realty License #285009 Listed on: 12/10/2018

Keller Williams Realty

Last Buyer's Agent

GLORIA ROBERTS

NON-MEMBER License #261205

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $309

Year Built

  • 2023

Lot Details

  • Lot Dimensions are 50x140
  • Rectangular Lot
  • Sloped Lot
  • Wooded Lot

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • No Utilities

Community Details

  • No Home Owners Association
  • Pickett Association
  • Valhambrosia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135b C 020

Property Details

Property Type

Land

Est. Annual Taxes

$309

Year Built

2023

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size: 50X140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Valhambrosia
  • Directions: Cherokee Blvd. to Whitehall up the hill and right on Ladd to end of street.
  • Location Tax and Legal Parcel Number2: 135b C 020
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 308.83
  • General Property Information Lot Size Dimensions: 50X140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Flood Zone YN2: No
  • Utilities None28: Yes
  • Status Change Information Association Name 2: PICKETT
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rectangular Lot, Sloped, Wooded, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 135b C 020

Tax Info

  • Tax Annual Amount: 308.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Pickett Homes Inc
Bought by
Yuan Yukun and Sun Xiaoshu
Total Days on Market
411
Current Estimated Value
$553,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,990
Outstanding Balance
$340,952
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$203,578

Purchase Details

Closed on
Aug 10, 2020
Sold by
Pickett Homes Inc
Bought by
Ames James J and Ladd Avenue Property Investmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 10, 2018
Closed on
Feb 25, 2020
Sold by
Woodruff Johnny L and Woodruff Nathan L
Bought by
Pickett Homes Inc
Seller's Agent
Maggie Armstrong
Keller Williams Realty
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
List Price
$65,000
Sold Price
$27,500
Premium/Discount to List
-$37,500
-57.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.41%
Original Mortgage
$82,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2002
Sold by
Woodruff Nathan L and Woodruff Jewell K
Bought by
Woodruff Nathan and Woodruff Jewell
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
Yuan Yukun $494,900 --
Ames James J -- First Title
Pickett Homes Inc $110,000 None Available
Woodruff Nathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Yukun $349,990
Previous Owner Pickett Homes Inc $291,000
Previous Owner Pickett Homes Inc $256,000
Previous Owner Pickett Home Sinc $240,000
Previous Owner Pickett Homes Inc $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $27,500 -57.7% --
01/25/2020 01/25/20 Pending -- -- --
12/10/2018 12/10/18 For Sale $65,000 -- --
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 $2,047 $91,500 $0 $0
2023 $1,482 $66,250 $0 $0
2022 $268 $12,000 $0 $0
2021 $268 $12,000 $0 $0
2020 $85 $6,125 $0 $0
2019 $169 $6,125 $0 $0
2018 $139 $6,125 $0 $0
2017 $169 $6,125 $0 $0
2016 $169 $0 $0 $0
2015 $311 $6,125 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1291822

Greater Chattanooga REALTORS®

APN: 135B-C-020