NOT LISTED FOR SALE

0 Mercer St Unit 1299532 Chattanooga, TN 37351

Estimated Value: $36,000

0.16 Acre
$225,000 Price per Acre
7,011 Sq Ft Lot

Last Sold June 13, 2019

Last sale price $4,000

Est. 800% increase in value since last sale

Current estimated payment $213/month

16 Days on Market

About This Lot

As of June 2019

Opportunity to own a lot adjoining new Mixed-use development proposed for riverfront property ''RIVERTON'' The largest undeveloped riverfront property in Chattanooga with plans for more than $200 million of residential and commercial development built around a town center, or New Urbanism design. https://www.timesfreepress.com/news/business/aroundregion/story/2018/jan/21/rivertonmixed-use-development-proposed-riverf/461586/ Owner/Agent

Last Agent to Sell the Property

Gary Crowe

Uptown Firm, LLC License #00289773 Listed on: 05/09/2019

Last Buyer's Agent

Michael Kelly

Scenic South Properties, LLC License #322724

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $168

Lot Details

  • 7,011 Sq Ft Lot
  • Lot Dimensions are 90 x 77.9
  • Irregular Lot
  • Sloped Lot
  • Cleared Lot

Schools

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

Utilities

  • No Utilities

Community Details

  • No Home Owners Association
  • Kammer Association
  • Lupton City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118e F 001

Property Details

Property Type

Land

Est. Annual Taxes

$168

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 90 X 77.9
  • Road Frontage Type: City Street
  • Subdivision Name: Lupton City
  • Directions: From downtown Chattanooga, take Veterans Bridge toward Hixon Pike --> Veterans Bridge becomes Barton Ave --> SLIGHT LEFT onto Hixon Pike --> RIGHT on Lupton Dr. --> Lupton Dr. becomes Mercer St. --> Right onto Fairfax Ext. Drive. Lot located on the right behind 1456 Mercer Street.
  • Location Tax and Legal Parcel Number2: 118e F 001
  • Location Tax and Legal Elementary School: Rivermont Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 95.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 7011.0
  • General Property Information Lot Size Dimensions: 90 X 77.9
  • 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
  • Lot Features Partially Cleared: Yes
  • Utilities None28: Yes
  • Status Change Information Association Name 2: Kammer
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Irregular Lot, Sloped, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Sloped: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7011.0
  • Parcel #: 118e F 001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 95.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Kammer Holdings Llc
Bought by
Frederick Brros Construction Llc
Current Estimated Value
$36,000

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 13, 2019
Sold by
Crowe Gary
Bought by
Kammer Holdings Llc
Seller's Agent
Gary Crowe
Uptown Firm, LLC
Buyer's Agent
Michael Kelly
Scenic South Properties, LLC
List Price
$9,900
Sold Price
$4,000
Premium/Discount to List
-$5,900
-59.6%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Shinn Aaron J
Bought by
Crowe Gary

Purchase Details

Closed on
Apr 29, 2011
Sold by
Burgin Mark and Burgin Margie
Bought by
Shinn Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,563
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2010
Sold by
Mcdonald John M
Bought by
Burgin Mark and Burgin Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,363
Interest Rate
4.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 10, 2009
Sold by
City Of Chattanooga
Bought by
Mcdonald John M
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
Frederick Brros Construction Llc $15,000 Key Title & Escrwo Llc
Kammer Holdings Llc $4,000 Reli Settlement Sln Llc
Crowe Gary $7,700 First Title
Shinn Aaron J $175,000 Title Ins Co Of Chattanooga
Burgin Mark $14,000 First Title
Mcdonald John M -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frederick Bros Construction Llc $190,000
Previous Owner Shinn Aaron J $170,563
Previous Owner Burgin Mark $13,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $4,000 -59.6% --
05/25/2019 05/25/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $9,900 -- --
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 $168 $7,500 $0 $0
2023 $168 $7,500 $0 $0
2022 $168 $7,500 $0 $0
2021 $168 $7,500 $0 $0
2020 $52 $1,875 $0 $0
2019 $52 $1,875 $0 $0
2018 $43 $1,875 $0 $0
2017 $52 $1,875 $0 $0
2016 $21 $0 $0 $0
2015 $38 $750 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Crowe

    Seller's Agent in 2019

    Gary Crowe

    Uptown Firm, LLC

    (423) 802-1457

    143 Total Sales

    Section Image
  • Michael Kelly

    Buyer's Agent in 2019

    Michael Kelly

    Scenic South Properties, LLC

    (423) 645-3862

    1 in this area

    141 Total Sales

    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1299532

Greater Chattanooga REALTORS®

APN: 118E-F-001

Tennessee Hamilton County Chattanooga

0 Mercer St Unit 1299532, Chattanooga, TN

This home is located at 0 Mercer St Unit 1299532, Chattanooga, TN 37351 since 09 May 2019 and is currently estimated at $36,000. 0 Mercer St Unit 1299532 is a home located in Hamilton County with nearby schools including Rivermont Elementary School, Red Bank Middle School, and Red Bank High School.

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