NOT LISTED FOR SALE

0 Payne Chapel Rd Unit 1287651 499a1911-E2da-4c37-8630-79acde731713, GA 30750

Hinkles Neighborhood

Estimated Value: $1,215,000 - $1,383,000

8.5 Acres
$151,220 Price per Acre
370,260 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $105,000

Est. 1,124% increase in value since last sale

Current estimated payment $7,360/month

89 Days on Market

Highlights

  • 8.5 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of February 2019

Whether you are looking for some acreage to build your forever home or the perfect spot for a weekend retreat, then you need to come take a look at this property in Lookout Mountain, GA located just a few minutes from the town limits. Not only is it the perfect blend of privacy that only an acreage parcel can provide, it is also super convenient (20-25 minutes) to downtown Chattanooga and all that our wonderful city has to offer. Don't let this opportunity pass you by, so please call for additional information.

Last Agent to Sell the Property

Jay Robinson

Keller Williams Realty License #255994 Listed on: 09/05/2018

Keller Williams Realty

Last Buyer's Agent

Sarah Brogdon

Real Estate Partners Chattanooga LLC License #324028

Real Estate Partners Chattanooga LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $570

Lot Details

  • 8.5 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot

Schools

  • Fairyland Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Community Details

  • No Home Owners Association
  • Of Record Association

Listing and Financial Details

  • Assessor Parcel Number 0005 010a

Property Details

Property Type

Land

Est. Annual Taxes

$570

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 8.5
  • Lot Size: 8.5 acres
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Up Lookout Mtn via Ochs Hwy (Rock City side), left on Lula Lake, right on 157, immediate left on Mount Olive, right on Payne Chapel. Property is on the left just around the bend. Sign on property.
  • Location Tax and Legal Parcel Number2: 0005 010a
  • Location Tax and Legal Elementary School: Fairyland Elementary School
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 570.4
  • General Property Information Lot Size Acres: 8.5
  • General Property Information Lot Size Square Feet2: 370260.0
  • General Property Information Lot Size Dimensions: 8.5 acres
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Chattanooga Valley Middle
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Lot Features Rural: Yes
  • Status Change Information Association Name 2: Of Record
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

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

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairyland Elementary School
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 370260.0
  • Parcel #: 0005 010a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 570.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Hagstrom Alan Kyle
Bought by
Locke Kevin Daniel and Locke Colleen Beth
Current Estimated Value
$1,285,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$706,028
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$579,346

Purchase Details

Listed on
Sep 5, 2018
Closed on
Feb 15, 2019
Sold by
Wallace Gary
Bought by
Hagstrom Alan Kyle and Hagstrom Annie Elizabeth
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Sarah Brogdon
Real Estate Partners Chattanooga LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.58%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Moore Ellen P and Moore Christopher T
Bought by
Wallace Gary

Purchase Details

Closed on
Nov 20, 1995
Bought by
Moore Ellen P and Moore Christopher T
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
Locke Kevin Daniel $1,200,000 --
Hagstrom Alan Kyle $105,000 --
Wallace Gary $108,500 --
Moore Ellen P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Kevin Daniel $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $105,000 -16.0% --
12/03/2018 12/03/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $125,000 -- --
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 $6,541 $298,961 $64,841 $234,120
2023 $5,186 $227,693 $46,325 $181,368
2022 $4,664 $186,328 $28,482 $157,846
2021 $2,480 $83,413 $21,558 $61,855
2020 $575 $21,558 $21,558 $0
2019 $587 $21,558 $21,558 $0
2018 $570 $21,558 $21,558 $0
2017 $645 $21,558 $21,558 $0
2016 $592 $28,482 $28,482 $0
2015 $395 $15,184 $15,184 $0
2014 $383 $15,184 $15,184 $0
2013 -- $15,184 $15,184 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1287651

Greater Chattanooga REALTORS®

APN: 0005-010A