NOT LISTED FOR SALE

Estimated Value: $386,000 - $1,025,000

58 Acres
$12,461 Price per Acre
2,526,480 Sq Ft Lot

Last Sold February 22, 2013

Last sale price $425,000 $1,610 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,107/month

Highlights

  • Barn
  • Waterfront
  • Creek or Stream View
  • Lake On Lot
  • 58 Acre Lot
  • Orchard

About This Lot

As of February 2013

This rolling to flat tract in McLemore Cove is a beautiful piece of land that has views of Pigeon Mountain (a 20,000+ acre Wildlife Management Area) to the east and of Lookout Mountain to the west and also 1400+/- feet of frontage on the wide and historic Chickamauga Creek that provides great fishing and privacy. The 58+/- acres is fenced and cross fenced and has a horse run-in, equipment shed, a large barn with an apartment and a small handcrafted Cyprus cabin that the seller says can stay on the property or can be removed at your discretion. Currently the property is currently used as a registered Black Angus cattle farm and also home to several horses. This paradise is 10 minutes from Lafayette and about 35 minutes from Chattanooga and less than 2 hours from Atlanta. The pictures just b egin to scratch the surface of the beauty of the grounds of pasture, dense woods, four ponds, creek frontage, and awe inspiring views.

Last Agent to Sell the Property

Bo Grimes

Lookout Mountain Real Estate License #GA309917 Listed on: 02/11/2013

Last Buyer's Agent

Bo Grimes

Lookout Mountain Real Estate License #GA309917 Listed on: 02/11/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,510

Lot Details

  • 58 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Rural Setting
  • Fenced
  • Level Lot
  • Irregular Lot
  • Orchard
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Schools

  • Chattanooga Valley Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Additional Features

  • Creek or Stream Views
  • Flood Zone Lot
  • Barn
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number OUT

Community Details

Overview

  • No Home Owners Association
  • Merindino Association

Recreation

  • Pond
  • Lake On Lot
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$3,510

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 58.0
  • Lot Size: 58
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Lafayette: Take GA 193 west to the stop sign at Hog Jowl. Turn left and go about 1.5 miles. Entrance on the right marked with large timbers. From Chattanooga: Go through St Elmo past the Incline and cross into GA. Go straight through the traffic light at GA 2. Go straight at stop sign at GA 136. Turn right at next stop sign onto Hog Jowl. Go about 1.5 miles to property on the right marked with large timbers at the entrance.
  • Location Tax and Legal Parcel Number2: OUT
  • Location Tax and Legal Elementary School: Chattanooga Valley Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • General Property Information Lot Size Acres: 58.0
  • General Property Information Lot Size Square Feet2: 2526480.0
  • General Property Information Lot Size Dimensions: 58
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Other Structures:Storage3: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Chattanooga Valley Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: Partial
  • 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
  • Other Structures:Barn(s): Yes
  • View CreekStream2: Yes
  • Status Change Information Association Name 2: merindino
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Irregular Lot, Lake On Lot, Level, Orchard(s), Pond On Lot, Rural, Wooded, Other, Partially Cleared, Will Not Divide
  • View: Creek/Stream
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Driveway
  • Other Structures: Barn(s), Storage
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Pond On Lot: Yes
  • Lot Features:Orchard(s): 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: Chattanooga Valley Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 2526480.0
  • Parcel #: OUT
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Feb 22, 2013
Sold by
Krippes Harry W
Bought by
Casa Fattoria Llc
Seller's Agent
Bo Grimes
Lookout Mountain Real Estate
Buyer's Agent
Bo Grimes
Lookout Mountain Real Estate
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$719,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,281
Avg. Annual Appreciation
3.52%
Original Mortgage
$50,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Not Provided
Bought by
Krippes Harry W

Purchase Details

Closed on
Oct 1, 2002
Sold by
Hise Charles W
Bought by
Hise Melissa Carol and Hise Robbie J

Purchase Details

Closed on
Apr 21, 1992
Sold by
Hise Lou Jean Roach
Bought by
Hise Charles W

Purchase Details

Closed on
Dec 31, 1984
Bought by
Hise Lou Jean Roach
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
Casa Fattoria Llc $425,000 --
Krippes Harry W $245,000 --
Krippes Harry W -- --
Hise Melissa Carol -- --
Hise Charles W -- --
Hise Lou Jean Roach -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Casa Fattoria Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $425,000 -5.6% $1,610 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $450,000 -- $1,705 / 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 $3,510 $267,898 $163,153 $104,745
2023 $3,430 $229,368 $129,485 $99,883
2022 $2,828 $142,254 $69,713 $72,541
2021 $2,674 $126,044 $69,713 $56,331
2020 $2,522 $118,447 $69,713 $48,734
2019 $2,541 $118,447 $69,713 $48,734
2018 $3,134 $118,447 $69,713 $48,734
2017 $1,928 $85,802 $55,140 $30,662
2016 $1,443 $85,802 $55,140 $30,662
2015 $1,411 $96,789 $68,400 $28,389
2014 $1,291 $96,789 $68,400 $28,389
2013 -- $96,798 $68,400 $28,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1190040

Greater Chattanooga REALTORS®

APN: 0260-001C