$18,000
SOLD SEP 13, 2024

00 Butterfly Cove Trail Decatur, TN 37322

0.79 Acre
$22,785 Price per Acre
34,412 Sq Ft Lot

Recently Sold

28% Below List Price

138 Days on Market

Highlights

  • Docks
  • Boat Slip
  • Waterfront
  • River Access
  • Gated Community
  • Views

About This Lot

As of September 2024

Gates of the River is a hidden Gem. Gated secure, quiet, full of wildlife - yet close to I-75 for quick travels to Chattanooga or Knoxville. This lot has a gentle slope downward from the road. It is lightly wooded but once cleared for a homesite - the view will be Amazing! You will see distant mountain ranges and have a view of Lake Chickamauga. This lot includes a deeded boat slip as well! ($10k value) Come fish lake Chickamauga or just enjoy the peace and quiet that living in harmony with nature brings you.. Water, electric, gas and high speed internet are at at the road. Build your forever home or build a spec home - This land is investor priced!

Last Agent to Sell the Property

Teresa Hammer

simpliHom Listed on: 04/06/2024

Last Buyer's Agent

Terri Hammer

simpliHOM License #367630

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $93

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 172x203
  • Waterfront
  • Property fronts a county road
  • Rectangular Lot
  • Sloped 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

  • Gas Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 046c A 043.00

Community Details

Overview

  • Steve Miller 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: 0.79
  • Lot Size: 172X203
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gates Of The River
  • Directions: from Hwy 30 in Decatur turn onto Cottonport Rd - the entry to Gates of the River is on your right just a few blocks down the road. This is a Gated Community so you will need a real estate agent to gain access to the community.
  • Location Tax and Legal Parcel Number2: 046c A 043.00
  • 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: 50.66
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Lot Size Acres: 0.79
  • General Property Information Lot Size Square Feet2: 34412.4
  • General Property Information Lot Size Dimensions: 172X203
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: 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
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Location Tax and Legal Zoning2: R-1
  • Location Tax and Legal Zoning Description2: Single-Family Residential District
  • Road Frontage Type County Road: Yes
  • Exterior Features Dock2: Yes
  • Status Change Information Association Name 2: Steve Miller
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Community Features:Gated: Yes

Exterior Features

  • Lot Features: Rectangular Lot, Sloped, Split Possible, 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:Rectangular Lot: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Sloped: Yes
  • Waterfront Features:River Access: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

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: 34412.4
  • Additional Parcels: No
  • Parcel #: 046c A 043.00
  • Zoning Description: Single-Family Residential District
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 50.66

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: 1389774

Greater Chattanooga REALTORS®

APN: 046C-A-030.00