NOT LISTED FOR SALE

Estimated Value: $372,000

3.16 Acres
$117,722 Price per Acre
137,650 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $1,880,000 $1,591 Per Sq Ft

Current estimated payment $2,307/month

817 Days on Market

Highlights

  • 3.16 Acre Lot
  • Outdoor Storage
  • Level Lot
  • No HOA

About This Lot

As of April 2022

Rare and unique opportunity.... 3+ acre tract located in prime North Shore area. This property is situated behind Whole Foods Market and is accessible from Stringer Street and Peerless Ave. Property is located only 2 blocks from Cherokee Blvd. Tremendous opportunity for investment in one of Chattanooga's most desired and growing areas. Various parcels are zoned for residential, commercial, and industrial, so property will need to be rezoned. See attached document showing each address included in the sale.

Last Agent to Sell the Property

Melissa Whitsett

The Trusted Team Keller Williams Listed on: 03/14/2019

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,409

Lot Details

  • 3.16 Acre Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Listing and Financial Details

  • Assessor Parcel Number 135f B 014

Community Details

Overview

  • No Home Owners Association
  • Eah Acquisitions Association
  • Cummings Subdivision

Recreation

  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$18,409

Lot Details

3.16 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.16
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Subdivision Name: Cummings
  • Directions: From Manufacturers Rd, T/L onto Cherokee Blvd, T/L onto W Manning St, T/L onto Peerless Ave
  • Location Tax and Legal Parcel Number2: 135f B 014
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 18409.48
  • General Property Information Lot Size Acres: 3.16
  • General Property Information Lot Size Square Feet2: 137649.6
  • General Property Information Lot Size Dimensions: 0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: Rare and unique opportunity.... 3+ acre tract located in prime North Shore area. This property is situated behind Whole Foods Market and is accessible from Stringer Street and Peerless Ave. Property is located only 2 blocks from Cherokee Blvd. Tremendous opportunity for investment in one of Chattanooga's most desired and growing areas. Various parcels are zoned for residential, commercial, and industrial, so property will need to be rezoned. See attached document showing each address included in the sale.
  • Other Structures:Storage3: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: Partial
  • Utilities:Water Available: Yes
  • Utilities:Sewer Available: Yes
  • Status Change Information Association Name 2: EAH Acquisitions
  • Other Structures Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Single Family

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Level, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: Residence, Storage
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 137649.6
  • Parcel #: 135f B 014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18409.48
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $1,880,000 -24.8% $1,591 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
03/14/2019 03/14/19 For Sale $2,500,000 -- $2,115 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2022 $1,094 $48,905 $0 $0
2021 $1,094 $48,905 $0 $0
2020 $1,034 $37,390 $0 $0
2019 $1,034 $37,390 $0 $0
2018 $1,104 $37,390 $0 $0
2017 $1,034 $37,390 $0 $0
2016 $724 $0 $0 $0
2015 $1,560 $26,195 $0 $0
2014 $1,560 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1296193

Greater Chattanooga REALTORS®

APN: 135F-B-014

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