NOT LISTED FOR SALE

Estimated Value: $166,000 - $212,000

2 Acres
$96,166 Price per Acre
87,120 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $135,000

Est. 42% increase in value since last sale

Current estimated payment $1,177/month

111 Days on Market

Highlights

  • Wooded Lot
  • Views
  • Rectangular Lot
  • No HOA

About This Lot

As of May 2021

Beautiful wooded brow lot with spectacular views into the western valley, ideal for a weekend cabin or retirement home. The lot is in Lookout Highlands, the largest gated community on Lookout Mountain. This rustic community has 4 stocked lakes (which all property owners have access to from the common areas around the dams), hiking trails, a 100+ foot step-down water fall and an 80+ foot single drop waterfall and a total of 500+/- acres of green space. Lookout Highlands offers a lifestyle like no other community in the area and all this is just 35 minutes from the heart of downtown Chattanooga and the magnificent river front. Located within 2 hrs. of Atlanta, Huntsville, Birmingham and Nashville.

Last Listed By

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 11/29/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,367

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Rectangular Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Dade County Elementary School
  • Dade County Middle School
  • Dade County High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • New Association
  • Lookout Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028 00 084 Pp1

Property Details

Property Type

Land

Est. Annual Taxes

$1,367

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Lot Size: Approx. 2 ac
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lookout Highlands
  • Directions: Located in Lookout Highlands, a gated community on top of Lookout Mountain' Located on GA Hwy 157 4 1/2 miles south of GA Hwy 136. Gate code needed for entrance.
  • Location Tax and Legal Parcel Number2: 028 00 084 Pp1
  • Location Tax and Legal Elementary School: Dade County Elementary
  • Location Tax and Legal High School: Dade County High
  • Location Tax and Legal:Tax Annual Amount: 1367.0
  • General Property Information Lot Size Acres: 2.0
  • General Property Information Lot Size Square Feet2: 87120.0
  • General Property Information Lot Size Dimensions: Approx. 2 ac
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Dade County Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Lot Features Rural: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Surface Type Gravel2: Yes
  • Status Change Information Association Name 2: New
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Brow Lot, Rectangular Lot, Rural, Wooded, Partially Cleared, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Dade County Elementary
  • High School: Dade County High
  • Middle Or Junior School: Dade County Middle

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 028 00 084 Pp1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1367.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2020
Closed on
May 21, 2021
Sold by
Swilley Michael
Bought by
Lloyd Thomas L and Lloyd Brooke P
Seller's Agent
Ira Grimes III
Lookout Mountain Real Estate
Buyer's Agent
Ira Grimes III
Lookout Mountain Real Estate
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Total Days on Market
111
Current Estimated Value
$192,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,333
Avg. Annual Appreciation
9.40%
Original Mortgage
$105,000
Outstanding Balance
$66,460
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$125,873

Purchase Details

Listed on
Sep 14, 2016
Closed on
Apr 20, 2018
Sold by
Clark
Bought by
Michael Swilley
Seller's Agent
Jeremy McDowell
Fletcher Bright Realty
Buyer's Agent
Ira Grimes III
Lookout Mountain Real Estate
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Clark C R
Bought by
Clark Joanne M

Purchase Details

Closed on
Jan 10, 2008
Sold by
Thomas Larry
Bought by
Clark C R C and Clark Joanne M

Purchase Details

Closed on
Jul 30, 2004
Sold by
Harless Eric K and Harless Jan
Bought by
Thomas Larry

Purchase Details

Closed on
Nov 7, 1994
Sold by
Lookout Atlantis
Bought by
Harless Eric K and Harless Jan

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
Lloyd Thomas L $135,000 --
Michael Swilley $75,000 --
Clark Joanne M -- --
Clark C R C $279,000 --
Thomas Larry $103,000 --
Harless Eric K $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Thomas L $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $135,000 -10.0% --
03/20/2021 03/20/21 Pending -- -- --
11/29/2020 11/29/20 For Sale $150,000 +100.0% --
04/20/2018 04/20/18 Sold $75,000 -25.0% --
03/19/2018 03/19/18 Pending -- -- --
09/14/2016 09/14/16 For Sale $100,000 -- --
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 $1,276 $58,000 $58,000 $0
2023 $1,299 $58,000 $58,000 $0
2022 $1,199 $58,000 $58,000 $0
2021 $1,299 $58,000 $58,000 $0
2020 $1,354 $58,000 $58,000 $0
2019 $1,367 $58,000 $58,000 $0
2018 $1,392 $58,000 $58,000 $0
2017 $1,392 $58,000 $58,000 $0
2016 $1,386 $58,000 $58,000 $0
2015 $1,355 $58,000 $58,000 $0
2014 -- $58,000 $58,000 $0
2013 -- $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1327959

Greater Chattanooga REALTORS®

APN: 028-00-084-PP1