$320,000
SOLD NOV 1, 2024
0.63 Acre
$507,937 Price per Acre
27,443 Sq Ft Lot

Recently Sold

36% Below List Price

135 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • No HOA

About This Lot

As of November 2024

Located on the Tennessee River with massive water views, this .63 +/- acre lot is only 35 +/- minutes from downtown Chattanooga in north Hamilton County. Drive relatively stress free on Hwy 27 North to the deep water luxury homes on Burton Road in the secluded and private, Channel Pointe Subdivision. Lot 10 is positioned in a quiet cul-de-sac and has just been surveyed, cleared and perk tested for a significant, three bedroom home, located with the best water views available. The lot has 130 +/- feet of water frontage across the front and 90+/- feet along the side and and is currently very private, as no house sits to the left, and a million dollar +/- existing home on right faces down stream. This beautiful lot is in TVA's Zone 7, showing that a dock may be permittable up to 1,000 square feet for new owner. As lot 10 is located in the initial phase of Channel Point, it does not currently have an HOA and therefore pays no HOA fees, so ownership is independent in that regard. This lot has one of the best views and has the privacy seldom found, coupled with the security offered by being located in a well patrolled subdivision. A 90' by 62' footprint has already been approved and platted with the house sitting on a knoll less than 25' from waters edge. If you have been looking for a river or lake location for your forever home in the Greater Chattanooga/Hamilton County area, then this Sale Creek lot could be the perfect spot for you. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important. Potential Owner Financing may be available to a qualified buyer.

Last Agent to Sell the Property

Jay Robinson

Keller Williams Realty License #255994 Listed on: 05/14/2024

Keller Williams Realty

Last Buyer's Agent

Teresa Congioloso

Keller Williams Ridge to River License #256449

Keller Williams Ridge to River

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,258

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 69.15x242.48
  • Waterfront
  • Irregular Lot
  • Sloped Lot
  • Cleared Lot
  • Property is zoned A-1

Schools

  • North Hamilton Co Elementary School
  • Sale Creek Middle School
  • Sale Creek High School

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 016c B 010

Community Details

Overview

  • No Home Owners Association
  • Of Record Association
  • Channel Pointe Subdivision

Recreation

  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,258

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.63
  • Lot Size: 69.15X242.48
  • Road Surface Type: Paved
  • Subdivision Name: Channel Pointe
  • Directions: North on US 27. Take Daugherty Ferry Rd. Left on Burton Road. Lot is end of cul-de-sac.
  • Location Tax and Legal Parcel Number2: 016c B 010
  • Location Tax and Legal Elementary School: North Hamilton Co Elementary
  • Location Tax and Legal High School: Sale Creek High
  • Location Tax and Legal:Tax Annual Amount: 1258.48
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Lot Size Acres: 0.63
  • General Property Information Lot Size Square Feet2: 27442.8
  • General Property Information Lot Size Dimensions: 69.15X242.48
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Sale Creek Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • View:Water2: Yes
  • Location Tax and Legal Zoning2: A-1
  • Location Tax and Legal Zoning Description2: Agricultural District
  • Status Change Information Association Name 2: Of Record
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Lake On Lot, Sloped, Other, Will Not Divide
  • View: Water, Other
  • View: Yes
  • Waterfront: Yes
  • Other Structures: None
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: North Hamilton Co Elementary
  • High School: Sale Creek High
  • Middle Or Junior School: Sale Creek Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 27442.8
  • Additional Parcels: No
  • Parcel #: 016c B 010
  • Zoning Description: Agricultural District
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1258.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Nov 1, 2024
Sold by
Couch Steve
Bought by
Brauer Eric and Brauer Sandra
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Teresa Congioloso
Keller Williams Ridge to River
List Price
$499,000
Sold Price
$320,000
Premium/Discount to List
-$179,000
-35.87%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.59%
Original Mortgage
$240,000
Outstanding Balance
$196,694
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$124,703

Purchase Details

Closed on
Aug 15, 2005
Sold by
Glascock Henry and Dixon John L
Bought by
Heath Joseph Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $320,000 Cumberland Title & Guaranty
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Seller Take Back
Previous Owner $162,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $359,900 0.0% --
06/29/2025 06/29/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $359,900 +12.5% --
11/01/2024 11/01/24 Sold $320,000 -35.9% --
09/26/2024 09/26/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $499,000 +103.7% --
07/28/2023 07/28/23 Sold $245,000 -18.1% --
06/02/2023 06/02/23 Off Market $299,000 -- --
05/23/2023 05/23/23 Price Changed $299,000 -14.3% --
02/03/2023 02/03/23 For Sale $349,000 -- --
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
2024 $1,258 $56,250 $0 $0
2023 $1,258 $56,250 $0 $0
2022 $1,258 $56,250 $0 $0
2021 $1,258 $56,250 $0 $0
2020 $1,383 $50,000 $0 $0
2019 $1,383 $50,000 $0 $0
2018 $1,383 $50,000 $0 $0
2017 $1,383 $50,000 $0 $0
2016 $1,383 $0 $0 $0
2015 $1,383 $50,000 $0 $0
2014 $1,383 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1391900

Greater Chattanooga REALTORS®

APN: 016C-B-010