NOT LISTED FOR SALE

259 Nelson Ln Jasper, TN 37347

Estimated Value: $143,000 - $515,000

4.92 Acres
$59,282 Price per Acre
214,315 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $170,000

Est. 72% increase in value since last sale

Current estimated payment $1,501/month

90 Days on Market

Highlights

  • 4.92 Acre Lot
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of March 2022

So many opportunities! Property is across the street from Riverside Chevrolet. Currently zoned residential in a C-2 Highway Commercial area this 4.92 acres has a 1080 sq ft rental home that is in need of repair. The value is in the land and the location. Currently has a yearly land lease for a billboard. Buyer to verify the availability of more billboards.

Last Agent to Sell the Property

Teresa Smith

Century 21 Cumberland Realty License #309672 Listed on: 06/16/2021

Co-Listed By

Amanda Matthews

Century 21 Cumberland Realty License #320665

Last Buyer's Agent

Tommy Stanfill

Century 21 Cumberland Realty License #231831

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $751

Lot Details

  • 4.92 Acre Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • South Pittsburg Elementary School
  • South Pittsburg Middle School
  • South Pittsburg High School

Additional Features

  • Flood Insurance May Be Required
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Vision Kamala Association

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 133 121.00

Property Details

Property Type

Land

Est. Annual Taxes

$751

Lot Details

4.92 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 4.92
  • Lot Size: 4.92 acres
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 217
  • Co List Office Phone: 423-942-6000
  • Subdivision Name: None
  • Directions: From Chattanooga take I-24 W towards Nashville; take exit 152B towards Kimball; Right onto US-64 E/US-72E/Lee Hw; Left onto Battle Creek Rd; Left onto The Ln (This is the road directly behind the Riverside Chevrolet; Left on Nelson Ln.
  • Location Tax and Legal Parcel Number2: 133 121.00
  • Location Tax and Legal Elementary School: South Pittsburg Elementary
  • Location Tax and Legal High School: South Pittsburg High
  • Location Tax and Legal:Tax Annual Amount: 750.91
  • General Property Information Lot Size Acres: 4.92
  • General Property Information Lot Size Square Feet2: 214315.2
  • General Property Information Lot Size Dimensions: 4.92 acres
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: So many opportunities! Property is across the street from Riverside Chevrolet. Currently zoned residential in a C-2 Highway Commercial area this 4.92 acres has a 1080 sq ft rental home that is in need of repair. The value is in the land and the location. Currently has a yearly land lease for a billboard. Buyer to verify the availability of more billboards.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: South Pittsburg Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: Partial
  • Utilities:Water Available: Yes
  • Special Listing Conditions Trust: Yes
  • Lot Features Partially Cleared: Yes
  • Status Change Information Association Name 2: Vision Kamala
  • Other Structures Residence: Yes
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Irregular Lot, Level, Wooded, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Disclosures: Flood Insurance May Be Required
  • Other Structures: Residence
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: South Pittsburg Elementary
  • High School: South Pittsburg High
  • Middle Or Junior School: South Pittsburg Middle

Lot Info

  • Lot Size Sq Ft: 214315.2
  • Parcel #: 133 121.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 750.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Mar 14, 2022
Sold by
Vanessa Radcliffe
Bought by
Gray J D
Seller's Agent
Teresa Smith
Century 21 Cumberland Realty
Buyer's Agent
Tommy Stanfill
Century 21 Cumberland Realty
List Price
$215,000
Sold Price
$170,000
Premium/Discount to List
-$45,000
-20.93%
Current Estimated Value
$291,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,667
Avg. Annual Appreciation
14.93%

Purchase Details

Closed on
Nov 25, 1929
Bought by
Gray J D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Gray J D $170,000 Reliance Title Agency
Gray J D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $170,000 -20.9% --
09/14/2021 09/14/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $215,000 -- --
Source: Greater Chattanooga REALTORS®

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 $32 $115,000 $115,000 --
2024 $32 $115,000 $115,000 $6,200
2023 $32 $121,200 $0 $0
2022 $354 $19,175 $12,975 $6,200
2021 $354 $19,175 $12,975 $6,200
2020 $751 $19,175 $12,975 $6,200
2019 $751 $33,100 $28,650 $4,450
2018 $751 $33,100 $28,650 $4,450
2017 $751 $33,100 $28,650 $4,450
2016 $751 $33,100 $0 $0
2015 $743 $33,100 $0 $0
2014 $743 $32,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1337877

Greater Chattanooga REALTORS®

APN: 133-121.00

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