NOT LISTED FOR SALE

3951 University Dr Collegedale, TN 37363

Estimated Value: $608,405

39.32 Acres
$15,473 Price per Acre
1,712,779 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $570,000

Est. 7% increase in value since last sale

Current estimated payment $3,251/month

225 Days on Market

Highlights

  • 39.32 Acre Lot
  • Creek or Stream View
  • No HOA
  • Apison Elementary School Rated A-
  • Wooded Lot
  • Rectangular Lot

About This Lot

As of November 2023

40 +/- acres near Southern Adventist University with easy access to Interstate 75, multiple grocery options (including Publix), restaurants and retail. Current County tax record show 39.32 acres (source Hamilton County GIS) and the survey on file from the previous owner shows 43 acres. The land is rolling, wooded with mature trees and ideal for the buyer looking for a private home setting.

Last Agent to Sell the Property

Jon Hughes

Tower Property Group, LLC License #294692 Listed on: 03/14/2023

Last Buyer's Agent

Jon Hughes

Tower Property Group, LLC License #294692 Listed on: 03/14/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,981

Lot Details

  • 39.32 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Sloped Lot
  • Wooded Lot

Schools

  • Apison Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Additional Features

  • Creek or Stream Views
  • No Utilities

Community Details

  • No Home Owners Association
  • Moore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 151 008.01

Property Details

Property Type

Land

Est. Annual Taxes

$2,981

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 39.32
  • Lot Size: 40 +/- Acres
  • Road Frontage Type: City Street
  • Subdivision Name: Moore
  • Directions: From Southern Adventist University head North on University Drive .08 of a mile and the property will be on your right. Listing Broker's sign and a property map will be at the corner of University Drive and Moore Road.
  • Location Tax and Legal Parcel Number2: 151 008.01
  • Location Tax and Legal Elementary School: Apison Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 2981.39
  • General Property Information Lot Size Acres: 39.32
  • General Property Information Lot Size Square Feet2: 1712779.2
  • General Property Information Lot Size Dimensions: 40 +/- Acres
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Location Tax and Legal Middle or Junior School: Ooltewah Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Lot Features Rural: Yes
  • Utilities None28: Yes
  • View CreekStream2: Yes
  • Status Change Information Association Name 2: N/A
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rectangular Lot, Rural, Sloped, Wooded, Will Not Divide
  • View: Creek/Stream, Other
  • View: Yes
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Apison Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Ooltewah Middle

Lot Info

  • Lot Size Sq Ft: 1712779.2
  • Parcel #: 151 008.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2981.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Nov 15, 2023
Sold by
Higgins Matthew D and Higgins Kelli J
Bought by
Thornberry Villa Llc
Seller's Agent
Jon Hughes
Tower Property Group, LLC
Buyer's Agent
Jon Hughes
Tower Property Group, LLC
List Price
$719,000
Sold Price
$570,000
Premium/Discount to List
-$149,000
-20.72%
Views
80
Current Estimated Value
$608,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,405
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Apr 16, 2019
Sold by
Phillips John A and Clevenger Judy P
Bought by
Higgins Matthew D and Higgins Kelli J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2009
Sold by
Phillips John A
Bought by
Phillips John A and Clevenger Judy P

Purchase Details

Closed on
Feb 10, 2009
Sold by
Phillips John A and Clevenger Judy P
Bought by
The Revocable Trust Agreement Of John A
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
Thornberry Villa Llc $570,000 Cumberland Title
Higgins Matthew D $342,500 Cumberland Ttl & Guaranty Co
Phillips John A -- Cumberland Title & Guaranty
Phillips John A -- Cumberland Title & Guaranty
The Revocable Trust Agreement Of John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Matthew D $343,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $570,000 -4.8% --
10/29/2023 10/29/23 Off Market $599,000 -- --
09/13/2023 09/13/23 Price Changed $599,000 -14.3% --
04/25/2023 04/25/23 Price Changed $699,000 -2.8% --
03/14/2023 03/14/23 For Sale $719,000 -- --
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 $159 $7,125 $0 $0
2023 $3,113 $82,200 $0 $0
2022 $2,981 $82,200 $0 $0
2021 $2,981 $82,200 $0 $0
2020 $2,433 $55,100 $0 $0
2019 $2,433 $55,100 $0 $0
2018 $2,218 $55,100 $0 $0
2017 $2,218 $55,100 $0 $0
2016 $2,169 $0 $0 $0
2015 $2,169 $52,425 $0 $0
2014 $2,169 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1370406

Greater Chattanooga REALTORS®

APN: 151-008.01