NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,507,000

0.51 Acre
$2,713,098 Price per Acre
22,216 Sq Ft Lot

Last Sold July 02, 2015

Last sale price $109,900

Est. 1,159% increase in value since last sale

Current estimated payment $7,929/month

624 Days on Market

About This Lot

As of July 2015

LEVEL BUILDING LOT ON CUL-DE-SAC IN MAGNIFICENT MONTGOMERY COVE SUBDIVISION *PERFECT LOCATION FOR YOUR DREAM HOME * SELLER WILL BUILD TO SUIT ON THIS LOT * SCHOOL ZONED NORTHSHORE ELEMENTARY, FARRAGUT MIDDLE & FARRAGUT HIGH.

Last Agent to Sell the Property

Barry Emerton

Keller Williams Realty License #304089 Listed on: 09/24/2013

Keller Williams Realty

Last Buyer's Agent

Rob Howard

Chattanooga Realty License #00287135

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,959

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $60 Monthly HOA Fees

Community Details

  • Montgomery Cove Unit 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162ma048

Property Details

Property Type

Land

Est. Annual Taxes

$3,959

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Directions: KINGSTON PIKE TO CONCORD ROAD TO RIGHT ON NORTHSHORE DRIVE* CONTINUE WEST ON NORTHSHORE TO RIGHT INTO MONTGOMERY COVE SUBDIVISION * SIGN ON PROPERTY.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.51
  • Lot Size: 58.24X164.5XIRR
  • Subdivision Name: Montgomery Cove Unit 3
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac
  • Topography: {"Level":true,"Graded":true}

Condo/Co-op/Association

  • Association Fee: 720.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Parcel #: 162ma048
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Jul 2, 2015
Sold by
B & B Builders Inc
Bought by
Mcnair Allen Wade and Mcnair Erika Noelle
Seller's Agent
Barry Emerton
Keller Williams Realty
Buyer's Agent
Rob Howard
Chattanooga Realty
Sold Price
$109,900
Current Estimated Value
$1,383,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,273,780
Avg. Annual Appreciation
27.97%
Original Mortgage
$82,425
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Jacobi David G and Jacobi Stacy
Bought by
B & B Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,025
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 2, 2005
Sold by
Montvue Development Co Llc
Bought by
Jacobi David G and Jacobi Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,310
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Mcnair Allen Wade $109,900 First Priority Title Co Inc
B & B Builders Inc $109,900 Pyramid Title Inc
Jacobi David G $55,900 Title Assoc Of Knoxville
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnair Allen Wade $567,000
Closed Mcnair Allen Wade $556,000
Closed Mcnair Allen Wade $82,425
Previous Owner B & B Builders Inc $197,025
Previous Owner Jacobi David G $50,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $109,900 -- --
Source: East Tennessee REALTORS® MLS

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 $3,959 $254,750 $0 $0
2023 $3,959 $254,750 $0 $0
2022 $3,959 $254,750 $0 $0
2021 $3,705 $174,775 $0 $0
2020 $3,705 $174,775 $0 $0
2019 $3,705 $174,775 $0 $0
2018 $3,705 $174,775 $0 $0
2017 $3,705 $174,775 $0 $0
2016 $452 $0 $0 $0
2015 $452 $0 $0 $0
2014 $452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 862330

East Tennessee REALTORS® MLS

APN: 162MA-048