NOT LISTED FOR SALE

Estimated Value: $267,107 - $375,000

0.25 Acre
$1,284,216 Price per Acre
10,890 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $170,000

Est. 88% increase in value since last sale

Current estimated payment $1,841/month

351 Days on Market

About This Lot

As of October 2020

Zoned for Normal Park and ready for your dream home, Lot 7 is situated in an established neighborhood on a beautiful, historic street in one of Chattanooga's most preferred parts of town. Perfect for both homeowners or investors and builders, this property promises to be a great buy!

Last Agent to Sell the Property

Kelly Cooper

Keller Williams Realty License #293309 Listed on: 10/02/2019

Keller Williams Realty

Last Buyer's Agent

Norman Lee

Norman Lee Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,290

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78.37x140
  • Rectangular Lot
  • Sloped Lot
  • Cleared Lot

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 126m P 002.01

Property Details

Property Type

Land

Est. Annual Taxes

$1,290

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: 78.37X140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: North Chatt Map No 1
  • Directions: From E Main St, Take 1st right onto Market St. Market St. becomes Dallas Rd. Turn right onto W Mississippi Ave. Property will be on the right.
  • Location Tax and Legal Parcel Number2: 126m P 002.01
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal Middle Or Junior School2: Normal Park Upper
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1289.54
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 78.37X140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities:Sewer Available: Yes
  • Lot Features Partially Cleared: Yes
  • Status Change Information Association Name 2: BROWNE
  • Special Features: None

Interior Features

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

Exterior Features

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 126m P 002.01

Tax Info

  • Tax Annual Amount: 1289.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 15, 2020
Sold by
Knowles Ricky Karl and Knowles Valerie Stocks
Bought by
Browne Alexander Lee and Browne Jennifer
Seller's Agent
Kelly Cooper
Keller Williams Realty
Buyer's Agent
Norman Lee
Norman Lee Real Estate
List Price
$300,000
Sold Price
$170,000
Premium/Discount to List
-$130,000
-43.33%
Current Estimated Value
$320,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,294
Avg. Annual Appreciation
14.10%
Original Mortgage
$136,000
Outstanding Balance
$113,275
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$207,779
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 Buyer Sale Price Title Company
Browne Alexander Lee $170,000 Jones Title Ins Agnecy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne Alexander Lee $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $170,000 -43.3% --
09/17/2020 09/17/20 Pending -- -- --
10/02/2019 10/02/19 For Sale $300,000 -- --
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 $1,049 $46,875 $0 $0
2023 $1,049 $46,875 $0 $0
2022 $1,049 $46,875 $0 $0
2021 $1,049 $46,875 $0 $0
2020 $948 $34,300 $0 $0
2019 $948 $34,300 $0 $0
2018 $1,729 $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1307542

Greater Chattanooga REALTORS®

APN: 126M-N-010.01