NOT LISTED FOR SALE

Estimated Value: $533,000 - $552,000

5.06 Acres
$107,288 Price per Acre
220,414 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $85,000

Est. 547% increase in value since last sale

Current estimated payment $2,877/month

597 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Level Lot
  • 5.06 Acre Lot
  • No HOA
  • No Heating

About This Lot

As of October 2019

NEW PRICE! Come build your dream home on the PERFECT LAKE HOMESITE with level and sloped topography giving you two types of building sites on one lot. Located in the stunning gated community of Lookout Highlands on the back of Lookout Mountain, this neighborhood was planned with nature and privacy in mind. Lookout Highlands offers several common areas for the use and enjoyment of its residents, including 4 stocked lakes, waterfalls, creeks, hiking trails and parks. MOUNTAIN HOMES MAGAZINE named Lookout Highlands ''The Best Value In A Planned Community'' and ''The Best of the Mountains Award.'' Lookout Highlands offers a lifestyle like no other community in the area and all this is just 25 minutes from Trenton I-24, 35 minutes from the heart of downtown Chattanooga and the magnificent TN Ri

Last Agent to Sell the Property

Robert Moss

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4234136587 License #239160,319799 Listed on: 02/12/2018

Greater Downtown Realty dba Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $971

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 680x150x765x500
  • Lake Front
  • Level Lot
  • Wooded Lot

Schools

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

Community Details

  • No Home Owners Association
  • Lookout Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047 00 034 TL6

Property Details

Property Type

Land

Est. Annual Taxes

$971

Lot Details

0

Listing Details

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

Exterior Features

  • Pool Private: No
  • Road Surface Type: Gravel
  • Topography: LEVEL,WOOD,OTHER
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Unimproved
  • Lot Features: Level, Wooded, Other
  • Lot Size Acres: 5.06
  • Lot Size: 680x150x765x500
  • Lot Size Units: Acres
  • Parcel #: 047 00 034 TL6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 971

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Oct 29, 2019
Sold by
Graydon Douglas M
Bought by
Nix William Martin and Nix Melinda
Seller's Agent
Robert Moss
Greater Downtown Realty dba Keller Williams Realty
List Price
$12,500
Sold Price
$85,000
Premium/Discount to List
$72,500
580%
Current Estimated Value
$550,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,357
Avg. Annual Appreciation
34.67%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Lookout Atlantis
Bought by
Graydon Douglas M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nix William Martin $85,000 --
Graydon Douglas M $34,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $85,000 +580.0% --
10/02/2019 10/02/19 Pending -- -- --
02/12/2018 02/12/18 For Sale $12,500 -- --
Source: Realtracs

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 $326 $144,440 $40,480 $103,960
2024 $3,134 $144,440 $40,480 $103,960
2023 $3,234 $144,440 $40,480 $103,960
2022 $2,857 $128,680 $40,480 $88,200
2021 $1,993 $89,000 $40,480 $48,520
2020 $793 $40,480 $40,480 $0
2019 $954 $40,480 $40,480 $0
2018 $971 $40,480 $40,480 $0
2017 $971 $40,480 $40,480 $0
2016 $967 $40,480 $40,480 $0
2015 $945 $40,480 $40,480 $0
2014 -- $52,600 $52,600 $0
2013 -- $52,600 $52,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2728867

Realtracs

APN: 047-00-034-TL6