$45,000
SOLD AUG 9, 2024

00 Butterfly Cove Trail Decatur, TN 37322

2.37 Acres
$18,987 Price per Acre
103,237 Sq Ft Lot

Recently Sold

10% Below List Price

20 Days on Market

Highlights

  • Docks
  • Boat Slip
  • Waterfront
  • River Access
  • Gated Community
  • Wooded Lot

About This Lot

As of September 2024

This lots sits just high enough that once cleared you should have a view of the water. Wooded for privacy and so close to to your own private boat slip - yes boat slip conveys with this property. There are miles to explore on Lake Chickamauga and the Tennessee River. Don't let another minute go by - this is the perfect spot to build your dream home. Want to buy now build later? - Thats fine. This community is a hidden treasure with only 8 homes complete. Community boat ramp private dock, covered pavilion for group gatherings or a great spot to read a book, come fish or just enjoy the wild life all around you. Deer, turkey, eagles and osprey - Come on home - to Gates of the River!

Last Agent to Sell the Property

Teresa Hammer

simpliHom Listed on: 06/26/2024

Last Buyer's Agent

Ben Edwards

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $93

Lot Details

  • 2.37 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Meigs South Elementary School
  • Meigs County Middle School
  • Meigs County High School

Utilities

  • No Utilities

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 046c A 023.00

Community Details

Overview

  • Jonathan Meyers Association
  • Gates Of The River Subdivision

Security

  • Gated Community

Recreation

  • River Access
  • Boat Slip
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$93

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.37
  • Lot Size: irregular
  • Road Frontage Type: County Road
  • Subdivision Name: Gates Of The River
  • Directions: From Hwy 30 in Decatur turn onto Cottonport Rd. Go about 1/2 mile down the road and you will see entry to Gates of the River on your right. You will need a gate code to enter this subdivision and all Buyers must be accompanied by and Agent.
  • Location Tax and Legal Parcel Number2: 046c A 023.00
  • Location Tax and Legal Elementary School: Meigs South Elementary
  • Location Tax and Legal High School: Meigs County High
  • Location Tax and Legal:Tax Annual Amount: 60.79
  • General Property Information Lot Size Acres: 2.37
  • General Property Information Lot Size Square Feet2: 103237.2
  • General Property Information Lot Size Dimensions: irregular
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Location Tax and Legal Middle or Junior School: Meigs County Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Lot Features Rural: Yes
  • Road Frontage Type County Road: Yes
  • Exterior Features Dock2: Yes
  • Utilities None28: Yes
  • Status Change Information Association Name 2: Jonathan Meyers
  • Special Features: None

Interior Features

  • Community Features:Gated: Yes

Exterior Features

  • Lot Features: Irregular Lot, Rural, Split Possible, Wooded, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Exterior Features: Boat Slip, Dock
  • Other Structures: None
  • Exterior Features:Boat Slip: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:River Access: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Meigs South Elementary
  • High School: Meigs County High
  • Middle Or Junior School: Meigs County Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 103237.2
  • Parcel #: 046c A 023.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 60.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
County Of Meigs
Bought by
Weeks David James

Purchase Details

Closed on
Jul 28, 2006
Sold by
Randall Lovingood
Bought by
Richard Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,240
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Randall Lovingood
Bought by
Seneca Land Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,240
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Bought by
Lovingood Randall and Lovingood Robbie
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 Type Sale Price Title Company
Quit Claim Deed $7,600 None Available
Quit Claim Deed $7,600 None Available
Deed $74,900 --
Deed $74,900 --
Deed $64,900 --
Deed $64,900 --
Warranty Deed $64,900 --
Warranty Deed $64,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $71,240 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Sale $22,000 +10.0% --
09/13/2024 09/13/24 Sold $20,000 +11.1% --
09/13/2024 09/13/24 Sold $18,000 -10.0% --
08/22/2024 08/22/24 Pending -- -- --
08/22/2024 08/22/24 Pending -- -- --
08/09/2024 08/09/24 Sold $20,000 -55.6% --
08/09/2024 08/09/24 Sold $45,000 +95.7% --
07/18/2024 07/18/24 For Sale $23,000 -54.0% --
06/26/2024 06/26/24 For Sale $50,000 +100.0% --
04/06/2024 04/06/24 For Sale $25,000 -16.7% --
10/14/2023 10/14/23 For Sale $30,000 +42.9% --
09/08/2023 09/08/23 Sold $21,000 -19.2% --
08/18/2023 08/18/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $26,000 -26.8% --
08/03/2021 08/03/21 Sold $35,500 -- --
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 $93 $5,500 $3,000 $2,500
2023 $93 $5,500 $3,000 $2,500
2022 $93 $5,500 $3,000 $2,500
2021 $68 $5,500 $3,000 $2,500
2020 $161 $5,500 $3,000 $2,500
2019 $161 $8,125 $5,625 $2,500
2018 $161 $8,125 $5,625 $2,500
2017 $161 $8,125 $5,625 $2,500
2016 $161 $8,125 $5,625 $2,500
2015 $152 $8,125 $5,625 $2,500
2014 $194 $10,375 $7,875 $2,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1394577

Greater Chattanooga REALTORS®

APN: 046C-A-030.00