NOT LISTED FOR SALE

Estimated Value: $103,000 - $287,000

60 Acres
$2,839 Price per Acre
2,613,600 Sq Ft Lot

Last Sold November 06, 2019

Last sale price $415,000 $292 Per Sq Ft

Current estimated payment $951/month

280 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Creek or Stream View
  • Fairyland Elementary School Rated A-
  • 60 Acre Lot
  • Wooded Lot

About This Lot

As of November 2019

One of a kind property with almost 1/2 a mile of frontage on Rock Creek, a registered trout stream. The property is about 1/2 woods and about 1/2 pasture and is gently rolling until it slopes down to the wide creek. Timber on the property is mainly mature hardwoods and has lots of mountain laurel and rhododendron. There are 2 ways to enter the property, 1 on Vulcan Rd with about 460 feet of road frontage and on GA Hwy 157 with about 580 feet of road frontage. The property has an old rock home on the property that burned and has no value but does have a driveway in place and electricity has been run into the property. Downtown Chattanooga is less than 12.5 miles from the property and the Cloudland Connector Trail Head is less than a mile. Come see this amazing property before it is gone.

Last Listed By

Bo Grimes

Lookout Mountain Real Estate License #GA309917 Listed on: 11/15/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,210

Year Built

  • 1947

Lot Details

  • 60 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Rural Setting
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Schools

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

Additional Features

  • Creek or Stream Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 0006 038

Community Details

Overview

  • No Home Owners Association
  • Brock Davenport Association

Recreation

  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,210

Year Built

1947

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 60.0
  • Lot Size: 60+/- acres
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Chattanooga take Broad St to St Elmo and turn right onto Ochs Hwy and go up the mountain. When the road ends turn left onto Lula Lake Rd and go about 6 miles to the property on the right.
  • Location Tax and Legal Parcel Number2: 0006 038
  • Location Tax and Legal Elementary School: Lookout Mountain Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 1210.12
  • General Property Information Lot Size Acres: 60.0
  • General Property Information Lot Size Square Feet2: 2613600.0
  • General Property Information Lot Size Dimensions: 60+/- acres
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: 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: No
  • Utilities:Water Available: Yes
  • View:Water2: 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: Brock Davenport
  • Road Frontage Type:State Road: Yes
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Irregular Lot, Lake On Lot, Level, Rural, Sloped, Wooded, Other, Partially Cleared, Will Not Divide
  • View: Creek/Stream, Water, Other
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Driveway
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Irregular 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: Lookout Mountain Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Chattanooga Valley Middle

Lot Info

  • Lot Size Sq Ft: 2613600.0
  • Parcel #: 0006 038
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1210.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Nov 6, 2019
Sold by
Torbett Jimmy L
Bought by
Brock Paul K and Davenport Stephen Elliott
Seller's Agent
Bo Grimes
Lookout Mountain Real Estate
Buyer's Agent
Bo Grimes
Lookout Mountain Real Estate
List Price
$699,000
Sold Price
$415,000
Premium/Discount to List
-$284,000
-40.63%
Total Days on Market
280
Current Estimated Value
$170,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,667
Avg. Annual Appreciation
-8.18%

Purchase Details

Listed on
Nov 15, 2018
Closed on
Oct 29, 2019
Sold by
Torbett Daniel E
Bought by
Grimes Ira B
Seller's Agent
Bo Grimes
Lookout Mountain Real Estate
Buyer's Agent
Bo Grimes
Lookout Mountain Real Estate
List Price
$699,000
Sold Price
$415,000
Premium/Discount to List
-$284,000
-40.63%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Torbett Jimmie Leroy
Bought by
Torbett Daniel E

Purchase Details

Closed on
Sep 13, 2005
Sold by
Not Provided
Bought by
Torbett Daniel E

Purchase Details

Closed on
Apr 30, 1996
Sold by
Torbett James L
Bought by
Torbett Ronald Eugene

Purchase Details

Closed on
Oct 23, 1995
Sold by
Torbett James L and Torbett Bertha
Bought by
Torbett James L

Purchase Details

Closed on
Oct 18, 1991
Sold by
Torbett James L
Bought by
Torbett James L and Torbett Bertha

Purchase Details

Closed on
Jan 1, 1972
Bought by
Torbett James L

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
Brock Paul K $415,000 --
Grimes Ira B $4,500 --
Torbett Daniel E -- --
Torbett Daniel E -- --
Torbett Ronald Eugene -- --
Torbett James L -- --
Torbett James L -- --
Torbett James L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $415,000 -40.6% $292 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $699,000 -- $492 / 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 $71 $3,486 $3,486 $0
2023 $41 $1,966 $1,966 $0
2022 $46 $1,966 $1,966 $0
2021 $51 $3,932 $3,932 $0
2020 $48 $8,390 $8,390 $0
2019 $1,401 $45,739 $37,419 $8,320
2018 $1,210 $45,739 $37,419 $8,320
2017 $1,526 $45,739 $37,419 $8,320
2016 $1,119 $45,739 $37,419 $8,320
2015 $540 $20,740 $17,696 $3,044
2014 $523 $20,740 $17,696 $3,044
2013 -- $20,740 $17,696 $3,044
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1290934

Greater Chattanooga REALTORS®

APN: 0006-038