NOT LISTED FOR SALE

Estimated Value: $202,000

0.3 Acre
$673,333 Price per Acre
13,068 Sq Ft Lot

Last Sold January 03, 2024

Last sale price $20,000

Est. 910% increase in value since last sale

Current estimated payment $1,082/month

86 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Rectangular Lot

About This Lot

As of January 2024

This property is being sold as a package with 125 Lynchburg St. Total sales price for both lots is $27,000. Two new houses were just built on this street. This lot is something special. The highest elevation lot on the street, nestled into the side of Hawkins ridge and directly beside the Hawkins ridge footpath. This lot is private and convenient. It's perfect for a new custom home or could be used by an investor for a multifamily structure. You need to walk this lot to understand its potential. The top half of the lot is gently sloping and would be a good spot for a structure. Utilities are already at the street. Owner/agent with personal interest.

Last Agent to Sell the Property

Michael Coffey

Uptown Firm, LLC License #354445 Listed on: 12/09/2022

Last Buyer's Agent

Blake Gibson

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $112

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 112x141
  • Rectangular Lot
  • Sloped Lot
  • Wooded Lot

Schools

  • Calvin Donaldson Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Community Details

  • No Home Owners Association
  • Carvalho Association
  • Arlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 167k B 015

Property Details

Property Type

Land

Est. Annual Taxes

$112

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • Lot Size: 112X141
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Arlington
  • Directions: From the foot of Lookout mountain head south on St. Elmo Ave. Turn Left on W 55th St. Turn Right on Lee Ave. Continue straight on central Ave. Turn left on Lynchburg.
  • Location Tax and Legal Parcel Number2: 167k B 015
  • Location Tax and Legal Elementary School: Calvin Donaldson Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 112.18
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Dimensions: 112X141
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities:Sewer Available: Yes
  • Status Change Information Association Name 2: Carvalho
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 167k B 015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 112.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 3, 2024
Sold by
Coffey Investments Llc
Bought by
Carvalho Chad
Seller's Agent
Michael Coffey
Uptown Firm, LLC
Buyer's Agent
Blake Gibson
Real Broker
List Price
$20,000
Sold Price
$20,000
Views
74
Current Estimated Value
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,000
Avg. Annual Appreciation
139.42%
Original Mortgage
$15,000
Outstanding Balance
$12,816
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$76,184

Purchase Details

Closed on
May 4, 2016
Sold by
Hamilton County
Bought by
Coffey Investments Llc

Purchase Details

Closed on
Jul 14, 2008
Sold by
Farinash Jerrold D
Bought by
Womble Chaudion

Purchase Details

Closed on
Jun 23, 2004
Sold by
General Shale Products Llc
Bought by
Hyyti Lauri W
Source: Public Records

Range of Values:

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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
Carvalho Chad $20,000 First Choice Title
Coffey Investments Llc $1,200 None Available
Womble Chaudion $1,650 None Available
Hyyti Lauri W $17,500 Chatt Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carvalho Chad $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $20,000 0.0% --
03/12/2023 03/12/23 Off Market $20,000 -- --
12/09/2022 12/09/22 For Sale $20,000 -- --
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 $56 $2,500 $0 $0
2023 $56 $2,500 $0 $0
2022 $56 $2,500 $0 $0
2021 $56 $2,500 $0 $0
2020 $64 $2,300 $0 $0
2019 $64 $2,300 $0 $0
2018 $52 $2,300 $0 $0
2017 $64 $2,300 $0 $0
2016 $42 $0 $0 $0
2015 $65 $0 $0 $0
2014 $65 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1366351

Greater Chattanooga REALTORS®

APN: 167K-B-015