NOT LISTED FOR SALE

2040 River Bluff Dr Hixson, TN 37343

Estimated Value: $905,000 - $1,540,000

0.54 Acre
$2,307,659 Price per Acre
23,522 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $62,000

Est. 1,910% increase in value since last sale

Current estimated payment $7,038/month

145 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Paved or Partially Paved Lot
  • 0.54 Acre Lot
  • No HOA
  • No Heating

About This Lot

As of August 2020

Build your dream home in the waterfront community of Shelter Cove offering water, mountain views and water access. Plan drawn specifically for Dexter White Construction to fit this premium lot that maximizes water views will convey with purchase of lot. Construction, specifications, plan and elevation available and easily adapted to capture your dream overlooking the water. Your privacy and view are protected as the property is surrounded by TVA property. You will love the lower county taxes along with the convenience of being less than 10 minutes to the shopping at Northgate Mall, dining and North Park Hospital and within 20 minutes or less to Volkswagen, Chattanooga Airport, Erlanger Hospital, Memorial Hospital, Downtown Chattanooga and Hamilton Place Mall. Zoned for award-winning Big Ridge Elementary. Enjoy all that waterfront living has to offer and make Shelter Cove your new home!

Last Agent to Sell the Property

Linda Brock

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4233644663 License #258780 Listed on: 02/02/2020

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Stacy Cooper

Greater Downtown Realty dba Keller Williams Realty License #311225

Greater Downtown Realty dba Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $933

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 179.65x140.08
  • Lake Front
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Wooded Lot

Property Views

  • Water Views

Schools

  • Big Ridge Elementary School
  • Hixson Middle School
  • Hixson High School

Community Details

  • No Home Owners Association
  • Shelter Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101K B 021

Property Details

Property Type

Land

Est. Annual Taxes

$933

Lot Details

0

Listing Details

  • Prop. Type: Land
  • ResoPropertyType: Land
  • Attribution Contact: 4233644663
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Topography: WOOD,OTHER
  • View: Water
  • View: Yes
  • 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: Wooded, Other
  • Lot Size Acres: 0.54
  • Lot Size: 179.65X140.08
  • Lot Size Units: Acres
  • Parcel #: 101K B 021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 933

MLS Schools

  • Elementary School: Big Ridge Elementary School
  • High School: Hixson High School
  • Middle Or Junior School: Hixson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Aug 26, 2020
Sold by
Menke Randall D and Menke Rebecca L
Bought by
Ellis Paul and Ellis Sandra Kay
Seller's Agent
Linda Brock
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Stacy Cooper
Greater Downtown Realty dba Keller Williams Realty
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%
Current Estimated Value
$1,246,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184,136
Avg. Annual Appreciation
79.49%
Original Mortgage
$522,750
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 16, 2017
Sold by
Gaines Thomas Bf and Gaines Layne B
Bought by
Menke Randall D and Menke Rebecca L
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
Ellis Paul $62,000 Cumberland Title & Guaranty
Menke Randall D $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ellis Paul $522,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $62,000 -17.3% --
06/26/2020 06/26/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $75,000 -- --
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
2024 $5,174 $231,250 $0 $0
2023 $5,183 $231,250 $0 $0
2022 $5,183 $231,250 $0 $0
2021 $755 $33,750 $0 $0
2020 $933 $33,750 $0 $0
2019 $933 $33,750 $0 $0
2018 $933 $33,750 $0 $0
2017 $933 $33,750 $0 $0
2016 $933 $0 $0 $0
2015 $933 $33,750 $0 $0
2014 $933 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2724317

Realtracs

APN: 101K-B-021