NOT LISTED FOR SALE

1007 Forest Ave Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $855,174 - $913,000

0.87 Acre
$1,019,878 Price per Acre
37,897 Sq Ft Lot

Sale Details

Date Sold: November 17, 2017

Last sale price $450,000

Est. 97% increase in value since last sale

Current estimated payment $5,032 / mo

243 Days on Market

Highlights

  • 0.87 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating
  • No HOA

About This Lot

As of November 2017

Amazing location to BUILD IN NORTH CHATTANOOGA! ZONED FOR NORMAL PARK SCHOOLS! On over .75 acres, this rare find in the heart of the Northshore offers countless opportunities to build your dream home! Less than half a mile to award-winning Normal Park schools and Chattanooga High School Center for Creative Arts. Walk to shops and restaurants on Frazier Avenue and Northshore area. This is an opportunity developers and builders will not want to miss! (3 lots of record, possibly the potential for 4. The building on the property was previously used as a dormitory and offers approximately 8,500 square feet of space.)

Last Agent to Sell the Property

Todd Henon

Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 12/14/2016

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Todd Henon

Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 12/14/2016

Greater Downtown Realty dba Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 37,897 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Community Details

  • No Home Owners Association
  • North Chatt Map No 1 Subdivision

Property Details

Property Type

Land

Lot Details

0.87 Acres

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: LEVEL,CLRD,OTHER
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Unimproved
  • Lot Features: Level, Cleared, Other
  • Lot Size Acres: 0.87
  • Lot Size: .87 acres
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Bought by
Current Estimated Value
$887,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$566,391
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$320,903

Purchase Details

Closed on
Jun 8, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,063
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2016
Closed on
Jan 12, 2018
Sold by
Bought by
Seller's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
List Price
$600,000
Sold Price
$450,000
Premium/Discount to List
-$150,000
-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
8.21%
Original Mortgage
$526,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 14, 2016
Closed on
Nov 17, 2017
Sold by
Bought by
Seller's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
List Price
$600,000
Sold Price
$450,000
Premium/Discount to List
-$150,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Cumberland Title & Guaranty
-- None Listed On Document
-- None Listed On Document
$775,000 Cumberland Title & Guaranty
$775,000 Cumberland Title & Guaranty
$558,828 Title Guaranty And Trust Co
$702,000 None Available
$450,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $585,000
Previous Owner $545,000
Previous Owner $447,063
Previous Owner $526,500
Previous Owner $337,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $450,000 -25.0% --
08/14/2017 08/14/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $600,000 -- --
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,971 $196,025 $0 $0
2024 $3,175 $141,900 $0 $0
2023 $3,175 $141,900 $0 $0
2022 $3,175 $141,900 $0 $0
2021 $3,175 $141,900 $0 $0
2020 $3,916 $62,425 $0 $0
2019 $1,726 $62,425 $0 $0
2018 $1,031 $28,625 $0 $0
2017 $346 $0 $0 $0
2016 $346 $0 $0 $0
2015 $346 $0 $0 $0
2014 $346 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Todd Henon

    Greater Downtown Realty dba Keller Williams Realty

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Map

Source: Realtracs

MLS Number: 2324387

Realtracs

APN: 126M-N-012

Tennessee Hamilton County Chattanooga 37405 Northshore

1007 Forest Ave, Chattanooga, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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