NOT LISTED FOR SALE

Estimated Value: $399,000 - $729,000

1.37 Acres
$424,487 Price per Acre
59,677 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $150,000

Est. 288% increase in value since last sale

Current estimated payment $3,519/month

98 Days on Market

Highlights

  • River Access
  • Waterfront
  • Wooded Lot
  • Gated Community
  • 1.37 Acre Lot
  • Views

About This Lot

As of October 2022

Beautiful wooded brow lot with spectacular views into the western valley and very close to Fawn Lake. The lot is in Lookout Highlands, the largest gated community on Lookout Mountain. This rustic community has 4 stocked lakes, hiking trails, waterfalls and a total of 660+/- acres of green space. Located across the highway from the McLemore golf course/resort. Lookout Highlands offers a lifestyle like no other community in the area and all this is just 35 minutes from the heart of downtown Chattanooga and the magnificent river front. Located within 2 hrs. of Atlanta, Huntsville, Birmingham and Nashville.

Last Agent to Sell the Property

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 06/12/2022

Last Buyer's Agent

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 06/12/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,354

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 240'x190'x256'x2961'
  • Waterfront
  • Property fronts a private road
  • Rural Setting
  • Rectangular Lot
  • Cleared Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Dade County Elementary School
  • Dade County Middle School
  • Dade County High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 028 00 086 Pp3

Community Details

Overview

  • New Association
  • Lookout Highlands Subdivision

Security

  • Gated Community

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,354

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.37
  • Lot Size: 240'X190'X256'X2961'
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lookout Highlands
  • Directions: LOCATED IN LOOKOUT HIGHLANDS, A GATED COMMUNITY ON TOP OF LOOKOUT MOUNTAIN LOCATED ON GA HWY 157 4 1/2 MILES SOUTH OF GA HWY 136. GATE CODE NEEDED TO ENTRANCE.
  • Location Tax and Legal Parcel Number2: 028 00 086 Pp3
  • Location Tax and Legal Elementary School: Dade County Elementary
  • Location Tax and Legal High School: Dade County High
  • Location Tax and Legal:Tax Annual Amount: 1354.0
  • General Property Information Lot Size Acres: 1.37
  • General Property Information Lot Size Square Feet2: 59677.2
  • General Property Information Lot Size Dimensions: 240'X190'X256'X2961'
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Remarks and Miscellaneous Public Remarks2: Beautiful wooded brow lot with spectacular views into the western valley and very close to Fawn Lake. The lot is in Lookout Highlands, the largest gated community on Lookout Mountain. This rustic community has 4 stocked lakes, hiking trails, waterfalls and a total of 660+/- acres of green space. Located across the highway from the McLemore golf course/resort. Lookout Highlands offers a lifestyle like no other community in the area and all this is just 35 minutes from the heart of downtown Chattanooga and the magnificent river front. Located within 2 hrs. of Atlanta, Huntsville, Birmingham and Nashville.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Dade County Middle
  • General Property Information Senior Community YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Lot Features Rural: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Surface Type Gravel2: Yes
  • Status Change Information Association Name 2: New
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Brow Lot, Rectangular Lot, Rural, Split Possible, Wooded, Partially Cleared, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:River Access: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Dade County Elementary
  • High School: Dade County High
  • Middle Or Junior School: Dade County Middle

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Parcel #: 028 00 086 Pp3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1354.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Oct 20, 2022
Sold by
Buchanan Virginia Marie
Bought by
Carroll Clarence W and Carroll Tracy R
Seller's Agent
Ira Grimes III
Lookout Mountain Real Estate
Buyer's Agent
Ira Grimes III
Lookout Mountain Real Estate
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$581,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,547
Avg. Annual Appreciation
51.73%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Budnyk Samuel Alec
Bought by
Buchanan Virginia Marie

Purchase Details

Closed on
Dec 4, 2001
Sold by
Marsh Thomas W
Bought by
Budnyk Samuel A

Purchase Details

Closed on
Nov 28, 1994
Sold by
Lookout Atlantis Ltd
Bought by
Marsh Thomas W
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
Carroll Clarence W $150,000 --
Buchanan Virginia Marie -- --
Budnyk Samuel A $55,000 --
Marsh Thomas W $32,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $150,000 -9.1% --
09/18/2022 09/18/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $165,000 -- --
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 $5,097 $242,360 $58,000 $184,360
2024 $2,262 $102,840 $58,000 $44,840
2023 $1,288 $58,000 $58,000 $0
2022 $1,288 $58,000 $58,000 $0
2021 $1,299 $58,000 $58,000 $0
2020 $1,354 $58,000 $58,000 $0
2019 $1,367 $58,000 $58,000 $0
2018 $1,392 $58,000 $58,000 $0
2017 $1,392 $58,000 $58,000 $0
2016 $1,386 $58,000 $58,000 $0
2015 $1,355 $58,000 $58,000 $0
2014 -- $58,000 $58,000 $0
2013 -- $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1356928

Greater Chattanooga REALTORS®

APN: 028-00-086-PP3