NOT LISTED FOR SALE

Estimated Value: $229,000 - $266,577

26 Acres
$9,725 Price per Acre
1,132,560 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $99,750 $63 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,440/month

150 Days on Market

Highlights

  • 26 Acre Lot
  • Pond
  • Fenced
  • Creek or Stream View
  • No HOA

About This Lot

As of February 2018

Beautiful rolling 21+/- acres with a pond that is mainly pasture. The views are amazing looking across the pristine property that often has deer and turkey. This property is less than 30 minutes from Chattanooga. This tract is very private and has road frontage along New Home Loop and widens out into an ideal place to build a home or make into a small farm. About 6-7 additional acres with a 2bd 1 bath rental house can also be purchased for a total of $219,000 on about 27 acres.

Last Listed By

Bo Grimes

Lookout Mountain Real Estate License #GA309917 Listed on: 08/07/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,165

Year Built

  • 1984

Lot Details

  • 26 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Fenced
  • Flag Lot
  • Cleared Lot

Parking

  • Driveway

Schools

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

Additional Features

  • Creek or Stream Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 011 00 017 00

Community Details

Overview

  • No Home Owners Association
  • Jordan Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$2,165

Year Built

1984

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 26.0
  • Lot Size: 26
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Chattanooga take I24 West and then take I59 South. Take the Slygo Rd Exit and turn right. Go up mountain and turn right on New Home Loop Rd. Go about 3.8 miles to stop sign and turn left to stay on New Home Loop and go about 1.5 miles to property on the left.
  • Location Tax and Legal Parcel Number2: 011 00 017 00
  • Location Tax and Legal Elementary School: Davis Elementary
  • Location Tax and Legal High School: Dade County High
  • Location Tax and Legal:Tax Annual Amount: 2165.24
  • General Property Information Lot Size Acres: 26.0
  • General Property Information Lot Size Square Feet2: 1132560.0
  • General Property Information Lot Size Dimensions: 26
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Dade County Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Fencing Fenced: Yes
  • Lot Features Rural: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type County Road: Yes
  • Exterior Features Driveway2: Yes
  • View CreekStream2: Yes
  • Status Change Information Association Name 2: jordan
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Flag Lot, Pond On Lot, Rural, Partially Cleared, Will Not Divide
  • View: Creek/Stream
  • View: Yes
  • Waterfront: No
  • Exterior Features: Driveway
  • Other Structures: None
  • Lot Features:Cleared: Yes
  • Lot Features:Flag Lot: Yes
  • Lot Features:Pond On Lot: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 1132560.0
  • Parcel #: 011 00 017 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2165.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Feb 16, 2018
Sold by
Rosenbalm David
Bought by
Jordan Joseph V
Seller's Agent
Bo Grimes
Lookout Mountain Real Estate
Buyer's Agent
Bo Grimes
Lookout Mountain Real Estate
List Price
$126,000
Sold Price
$99,750
Premium/Discount to List
-$26,250
-20.83%
Total Days on Market
150
Current Estimated Value
$252,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,109
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Oct 23, 1995
Sold by
James R Massengale
Bought by
Rosenbalm David and Rosenbalm To

Purchase Details

Closed on
Apr 28, 1995
Sold by
Harold Bond

Purchase Details

Closed on
Apr 30, 1987

Purchase Details

Closed on
Oct 5, 1982
Sold by
Helms James and Helms Melba

Purchase Details

Closed on
Jul 31, 1979
Sold by
Chamberlain Paul E

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
Jordan Joseph V $165,000 --
Rosenbalm David -- --
-- $136,000 --
-- $82,900 --
-- $11,000 --
-- $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenbalm David $25,000
Previous Owner Rosenbalm David $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $99,750 -20.8% $63 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
08/07/2017 08/07/17 For Sale $126,000 -- $80 / Sq Ft
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 $459 $108,180 $19,640 $88,540
2023 $2,174 $97,100 $13,840 $83,260
2022 $889 $89,940 $15,320 $74,620
2021 $896 $80,660 $15,320 $65,340
2020 $871 $71,380 $8,920 $62,460
2019 $879 $57,940 $8,920 $49,020
2018 $1,326 $55,260 $6,240 $49,020
2017 $1,690 $89,984 $24,960 $65,024
2016 $1,684 $89,984 $24,960 $65,024
2015 $1,218 $93,184 $28,760 $64,424
2014 -- $92,504 $28,760 $63,744
2013 -- $90,064 $28,760 $61,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1238032

Greater Chattanooga REALTORS®

APN: 011-00-017-00