NOT LISTED FOR SALE

2253 Peterson Dr Chattanooga, TN 37421

Hamilton Place Neighborhood

Estimated Value: $177,368 - $184,000

0.59 Acre
$306,244 Price per Acre
25,700 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $135,000 $64 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,014/month

31 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of May 2023

Located in convenient Drake Forest and within minutes of the mall, shops, restaurants and I-75. In an area where there are not many lots here sits .59 +/- acre ready for you to build your dream home.

Property Offered for the First 30 Days to prospective buyers making less than 120 % of the Area Median Income. Median Income is $90,240.

Last Agent to Sell the Property

Diane Burke

Real Estate Partners Chattanooga LLC License #295114 Listed on: 03/25/2023

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

Diane Burke

Real Estate Partners Chattanooga LLC License #295114 Listed on: 03/25/2023

Real Estate Partners Chattanooga LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $729

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 90.7x283.5
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Schools

  • East Brainerd Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Community Details

  • No Home Owners Association
  • Khodiyar Homes Llc Association
  • Drake Forest Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 149j B 030

Property Details

Property Type

Land

Est. Annual Taxes

$729

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.59
  • Lot Size: 90.7X283.5
  • Road Surface Type: Paved
  • Subdivision Name: Drake Forest
  • Directions: I-75 N, take exit 5 for Shallowford Road, and turn right onto Shallowford Road. Turn right onto Peterson Drive, Sign on the property.
  • Location Tax and Legal Parcel Number2: 149j B 030
  • Location Tax and Legal Elementary School: East Brainerd Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 729.19
  • General Property Information Lot Size Acres: 0.59
  • General Property Information Lot Size Square Feet2: 25700.4
  • General Property Information Lot Size Dimensions: 90.7X283.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Ooltewah Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Status Change Information Association Name 2: Khodiyar Homes LLC
  • Special Features: RealEstateOwned

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Level, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Brainerd Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Ooltewah Middle

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 149j B 030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 729.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Khodiyar Homes Llc
Bought by
Chaudhary Nilesh and Chaudhary Bhavnaben
Current Estimated Value
$180,684

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 16, 2023
Sold by
Safeguard Misty Realty Group Llc
Bought by
Khodlyar Homes Llc
Seller's Agent
Diane Burke
Real Estate Partners Chattanooga LLC
Buyer's Agent
Diane Burke
Real Estate Partners Chattanooga LLC
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 3, 2023
Sold by
Rubin Lublin Tn Pllc
Bought by
First Title Insurance Company
Seller's Agent
Diane Burke
Real Estate Partners Chattanooga LLC
Buyer's Agent
Diane Burke
Real Estate Partners Chattanooga LLC
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
89
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chaudhary Nilesh $175,000 Cumberland Title
Khodlyar Homes Llc $135,000 None Listed On Document
First Title Insurance Company $200,000 --
Safeguard Misty Realty Grp Llc $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grindle Norman Y $240,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $135,000 -3.5% $64 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $139,900 -- $67 / 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 $364 $16,250 $0 $0
2023 $364 $16,250 $0 $0
2022 $364 $16,250 $0 $0
2021 $364 $16,250 $0 $0
2020 $677 $64,200 $0 $0
2019 $1,775 $64,200 $0 $0
2018 $1,588 $64,200 $0 $0
2017 $1,775 $64,200 $0 $0
2016 $1,798 $0 $0 $0
2015 $3,415 $65,025 $0 $0
2014 $3,415 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Burke

    Seller's Agent in 2023

    Diane Burke

    Real Estate Partners Chattanooga LLC

    (423) 774-7703

    12 in this area

    255 Total Sales

    Diane Burke
    Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1371010

Greater Chattanooga REALTORS®

APN: 149J-B-030

Tennessee Hamilton County Chattanooga 37421 Hamilton Place

2253 Peterson Dr, Chattanooga, TN

This home is located at 2253 Peterson Dr, Chattanooga, TN 37421 since 25 March 2023 and is currently estimated at $180,684, approximately $86 per square foot. 2253 Peterson Dr is a home located in Hamilton County with nearby schools including East Brainerd Elementary School, Ooltewah Middle School, and Ooltewah High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2025 by Chattanooga Association of REALTORS®

Nearby Homes