NOT LISTED FOR SALE

2405 Bailey Ave Chattanooga, TN 37404

Ridgedale-Oak Grove Neighborhood

Estimated Value: $169,653 - $175,000

0.28 Acre
$615,454 Price per Acre
12,197 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $158,000

Est. 15% decrease in value since last sale

Current estimated payment $726/month

4 Days on Market

About This Lot

As of January 2024

Lot ready for Townhome Development. Zoned UGC and approved for 4 Townhomes! Call today for a showing and/or questions.

Last Agent to Sell the Property

Mac Hibbett

Crye-Leike, REALTORS License #321037 Listed on: 12/26/2023

Crye-Leike, REALTORS

Last Buyer's Agent

KATIE BETH RICH

Crye-Leike Lakeway West

Crye-Leike Lakeway West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $252

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 110x114
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 146n E 023

Property Details

Property Type

Land

Est. Annual Taxes

$252

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Lot Size: 110X114
  • Road Frontage Type: City Street
  • Subdivision Name: None
  • Directions: East on MLK turns into Bailey Ave. Lot on left
  • Location Tax and Legal Parcel Number2: 146n E 023
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 252.41
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Dimensions: 110X114
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: Lot ready for Townhome Development. Zoned UGC and approved for 4 Townhomes! Call today for a showing and/or questions.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • General Property Information Senior Community YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Status Change Information Association Name 2: N/A
  • Special Features: None

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: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 146n E 023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 252.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Jan 11, 2024
Sold by
Wellington Investment Properties Llc
Bought by
Green & Lofty Llc
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
KATIE BETH RICH
Crye-Leike Lakeway West
List Price
$125,000
Sold Price
$158,000
Premium/Discount to List
$33,000
26.4%
Views
13
Current Estimated Value
$134,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,111
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 4, 2021
Sold by
Crumley Michael A
Bought by
Wellington Investment Properties Llc
Seller's Agent
Travis Shipley
Blue Key Properties LLC
Buyer's Agent
Mac Hibbett
Crye-Leike, REALTORS
List Price
$27,000
Sold Price
$50,000
Premium/Discount to List
$23,000
85.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.25%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Clemons Katherine A and Sorrick Paul W
Bought by
Crumley Michael A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Green & Lofty Llc $158,000 Conveyance Title
Wellington Investment Properties Llc $50,000 None Available
Crumley Michael A -- First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $158,000 +26.4% --
12/31/2023 12/31/23 Off Market $125,000 -- --
12/26/2023 12/26/23 For Sale $125,000 +150.0% --
08/04/2021 08/04/21 Sold $50,000 +85.2% -- View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $27,000 -- --
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
2025 $246 $16,250 $0 $0
2024 $126 $5,625 $0 $0
2023 $126 $5,625 $0 $0
2022 $126 $5,625 $0 $0
2021 $126 $5,625 $0 $0
2020 $135 $4,900 $0 $0
2019 $135 $4,900 $0 $0
2018 $112 $4,900 $0 $0
2017 $135 $4,900 $0 $0
2016 $54 $0 $0 $0
2015 $99 $1,950 $0 $0
2014 $99 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mac Hibbett

    Seller's Agent in 2024

    Mac Hibbett

    Crye-Leike, REALTORS

    (423) 596-3004

    9 in this area

    242 Total Sales

    Mac Hibbett
    Section Image

  • K

    Buyer's Agent in 2024

    KATIE BETH RICH

    Crye-Leike Lakeway West

    Section Image
  • Michelle Fellin

    Buyer's Agent in 2024

    Michelle Fellin

    RE/MAX

    (865) 388-7544

    3 in this area

    144 Total Sales

    Michelle Fellin
    Section Image

  • N

    Buyer's Agent in 2024

    Nathan Walldorf

    The Group Real Estate Brokerage

    (423) 544-7700

    6 in this area

    138 Total Sales

    Nathan Walldorf
    Section Image
  • Travis Shipley

    Seller's Agent in 2021

    Travis Shipley

    Blue Key Properties LLC

    (423) 718-8728

    1 in this area

    100 Total Sales

    Travis Shipley
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1384439

Greater Chattanooga REALTORS®

APN: 146N-E-023

Tennessee Hamilton County Chattanooga 37404 Ridgedale-Oak Grove

2405 Bailey Ave, Chattanooga, TN

Not Listed for Sale

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