NOT LISTED FOR SALE

Estimated Value: $792,000 - $955,000

2.24 Acres
$392,723 Price per Acre
97,574 Sq Ft Lot

Last Sold June 26, 2015

Last sale price $120,000

Est. 633% increase in value since last sale

Current estimated payment $4,675/month

13 Days on Market

Highlights

  • 2.24 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of June 2015

Spectacular brow lot looking into Johnsons Crook. Below the lot you can hear the creeks converging from McKaig Gulf and Forester Gulf. Conveniently located 35 minutes from Chattanooga and less than 2 hours from Atlanta, Huntsville, Birmingham, and Nashville, Lookout Highlands is a 1,500+/- acre gated community with 500+/- acres set aside for parks containing hiking trails, canyons, waterfalls, and four stocked lakes/ponds. The famous Canyon Grill is only a few minutes away.

Last Agent to Sell the Property

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 04/21/2015

Last Buyer's Agent

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 04/21/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,049

Lot Details

  • 2.24 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Irregular Lot
  • Wooded Lot

Schools

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

Utilities

  • Phone Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 046 00 007 Eb10

Property Details

Property Type

Land

Est. Annual Taxes

$1,049

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.24
  • Lot Size: Irregular
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lookout Highlands
  • Directions: Located in Lookout Highlands, a gated community located on GA 157 4 1/2 miles south of GA 136.
  • Location Tax and Legal Parcel Number2: 046 00 007 Eb10
  • 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: 1048.63
  • General Property Information Lot Size Acres: 2.24
  • General Property Information Lot Size Square Feet2: 97574.4
  • General Property Information Lot Size Dimensions: Irregular
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: Spectacular brow lot looking into Johnsons Crook. Below the lot you can hear the creeks converging from McKaig Gulf and Forester Gulf. Conveniently located 35 minutes from Chattanooga and less than 2 hours from Atlanta, Huntsville, Birmingham, and Nashville, Lookout Highlands is a 1,500+/- acre gated community with 500+/- acres set aside for parks containing hiking trails, canyons, waterfalls, and four stocked lakes/ponds. The famous Canyon Grill is only a few minutes away.
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Lot Features Rural: 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, Irregular Lot, Rural, Wooded, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Wooded: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: 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: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 97574.4
  • Parcel #: 046 00 007 Eb10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1048.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 26, 2015
Sold by
Moore Mary Navarre /Tr
Bought by
Wood John R
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
$120,000
Premium/Discount to List
-$30,000
-20%
Current Estimated Value
$879,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,700
Avg. Annual Appreciation
20.72%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Moore Mary N
Bought by
Moore Mary Navarre Trustee

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lookout Atlantis Llc
Bought by
Moore Mary N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wood John R $120,000 --
Moore Mary Navarre Trustee -- --
Moore Mary N $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $120,000 -20.0% --
05/04/2015 05/04/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $150,000 -- --
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
2025 $1,438 $332,484 $49,880 $282,604
2024 $1,532 $323,524 $49,880 $273,644
2023 $6,579 $293,868 $31,720 $262,148
2022 $3,994 $257,628 $31,720 $225,908
2021 $4,018 $200,112 $36,360 $163,752
2020 $3,951 $176,552 $36,360 $140,192
2019 $3,261 $145,600 $36,360 $109,240
2018 $872 $36,360 $36,360 $0
2017 $872 $36,360 $36,360 $0
2016 $869 $36,360 $36,360 $0
2015 $849 $36,360 $36,360 $0
2014 -- $44,800 $44,800 $0
2013 -- $44,800 $44,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1226448

Greater Chattanooga REALTORS®

APN: 046-00-007-EB10