NOT LISTED FOR SALE

Estimated Value: $464,000 - $706,939

0.22 Acre
$2,793,114 Price per Acre
9,583 Sq Ft Lot

Last Sold March 17, 2023

Last sale price $650,000 $430 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,416/month

105 Days on Market

Highlights

  • No HOA
  • Views
  • Level Lot

About This Lot

As of March 2023

Zoned R-4 - super desirable and convenient location on a Forest Ave corner lot with winter views just up the street from the bustling North Shore and Frazier Ave shopping, parks, restaurants, and the walking bridge to downtown Chattanooga. There is currently a home on the lot that the seller is about to tear down. Additional pictures to follow. once the house is removed. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Last Agent to Sell the Property

Jay Robinson

Keller Williams Realty License #255994 Listed on: 09/23/2022

Keller Williams Realty

Last Buyer's Agent

Heather Burke

Keller Williams Realty License #362384

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,425

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x152
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Parking

  • Driveway

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Gas Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Of Record Association

Listing and Financial Details

  • Assessor Parcel Number 135e C 012

Property Details

Property Type

Land

Est. Annual Taxes

$3,425

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.22
  • Lot Size: 70X152
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Downtown, Market St to Frazier Ave. Right on Frazier, left on Forest. Property is on the left.
  • Location Tax and Legal Parcel Number2: 135e C 012
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 3424.93
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Dimensions: 70X152
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Normal Park Upper
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Exterior Features Driveway2: Yes
  • Status Change Information Association Name 2: Of Record
  • Other Structures Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Community Features:Sidewalks: Yes

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Level, Sloped, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront: No
  • Exterior Features: Driveway
  • Other Structures: Residence
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 135e C 012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3424.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Mar 16, 2023
Sold by
Lrbb Llc
Bought by
V2 Design Group Llc
Seller's Agent
Jay Robinson
Keller Williams Realty
Buyer's Agent
Heather Burke
Keller Williams Realty
List Price
$745,000
Sold Price
$650,000
Premium/Discount to List
-$95,000
-12.75%
Current Estimated Value
$614,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,515
Avg. Annual Appreciation
-2.05%
Original Mortgage
$830,535
Interest Rate
5.9%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Hales Larimer Sandra
Bought by
Lrbb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2018
Sold by
Hales Marilyn Scott
Bought by
Hales Marilyn Scott
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
V2 Design Group Llc -- None Listed On Document
Lrbb Llc $575,000 None Listed On Document
Hales Marilyn Scott -- Title Guaraanty & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V2 Design Group Llc $1,223,250
Closed V2 Design Group Llc $830,535
Previous Owner Lrbb Llc $380,000
Previous Owner Hales Marilyn Scott $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $650,000 -7.0% $430 / Sq Ft
01/08/2023 01/08/23 Off Market $699,000 -- --
11/01/2022 11/01/22 Price Changed $699,000 -6.2% $462 / Sq Ft
09/23/2022 09/23/22 For Sale $745,000 -- $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 $1,708 $76,325 $0 $0
2023 $1,708 $76,325 $0 $0
2022 $1,708 $76,325 $0 $0
2021 $1,708 $76,325 $0 $0
2020 $1,721 $62,250 $0 $0
2019 $1,721 $62,250 $0 $0
2018 $1,544 $62,250 $0 $0
2017 $1,721 $62,250 $0 $0
2016 $1,428 $0 $0 $0
2015 $2,621 $51,650 $0 $0
2014 $2,621 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1362994

Greater Chattanooga REALTORS®

APN: 135E-C-012