NOT LISTED FOR SALE

Estimated Value: $413,000 - $738,719

2.13 Acres
$272,972 Price per Acre
92,783 Sq Ft Lot

Last Sold June 10, 2020

Last sale price $62,500

Est. 830% increase in value since last sale

Current estimated payment $3,289/month

247 Days on Market

Highlights

  • 2.13 Acre Lot
  • No HOA
  • No Heating
  • Wooded Lot
  • Paved or Partially Paved Lot

About This Lot

As of June 2020

Very close to downtown Chattanooga but still has the privacy and a peaceful view. Most of the initial work has been done - perc test, survey, and building site cleared out. A very convenient location without the busy traffic of the city. *Agent is related to Sellers

Last Buyer's Agent

Bekah Cochran

Greater Downtown Realty dba Keller Williams Realty License #311881

Greater Downtown Realty dba Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $659

Lot Details

  • 2.13 Acre Lot
  • Lot Dimensions are 185x522
  • Dirt Road
  • Paved or Partially Paved Lot
  • Wooded Lot

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Community Details

  • No Home Owners Association
  • Mountain View Farm Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 098M B 003

Property Details

Property Type

Land

Est. Annual Taxes

$659

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Attribution Contact: 4235511761
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Dirt, Paved
  • Topography: WOOD,OTHER
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Unimproved
  • Lot Features: Wooded, Other
  • Lot Size Acres: 2.13
  • Lot Size: 185X522
  • Lot Size Units: Acres
  • Parcel #: 098M B 003

Tax Info

  • Tax Annual Amount: 659
  • Tax Lot: 2

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Jun 10, 2020
Sold by
Bumbalough Steven E and Thomas Robyn
Bought by
Mcbath Justin A
Buyer's Agent
Bekah Cochran
Greater Downtown Realty dba Keller Williams Realty
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%
Current Estimated Value
$581,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,930
Avg. Annual Appreciation
51.96%
Original Mortgage
$59,300
Outstanding Balance
$41,687
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$539,743

Purchase Details

Listed on
Aug 28, 2017
Closed on
May 9, 2018
Sold by
Loomis John C and Loomis Debbie E
Bought by
Bumbalogh Steven E and Bumbalogh Robyn
Seller's Agent
Debra Loomis
Crye-Leike, REALTORS
Buyer's Agent
Leona Thomas
Fletcher Bright Realty
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$43,500
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 1997
Sold by
Buckbee Brenda and Buckbee Robert
Bought by
Loomis Johnny C and Loomis Debbie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 1996
Sold by
Mays Glenn F and Mays Brenda
Bought by
Brenda Buckbee
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
Mcbath Justin A $62,500 Team Title Legal Svcs Pllc
Bumbalogh Steven E $58,000 Realty Title & Escrow Svcs
Loomis Johnny C $21,000 First Title
Brenda Buckbee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbath Justin A $59,300
Previous Owner Bumbalogh Steven E $43,500
Previous Owner Loomis Johnny C $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2020 06/10/20 Sold $62,500 -10.6% --
05/04/2020 05/04/20 Pending -- -- --
08/31/2019 08/31/19 For Sale $69,900 +20.5% --
05/09/2018 05/09/18 Sold $58,000 -3.2% -- View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $59,900 -- --
Source: Realtracs

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 $2,470 $110,400 $0 $0
2023 $418 $18,700 $0 $0
2022 $418 $18,700 $0 $0
2021 $418 $18,700 $0 $0
2020 $362 $13,075 $0 $0
2019 $362 $13,075 $0 $0
2018 $298 $13,075 $0 $0
2017 $362 $13,075 $0 $0
2016 $347 $0 $0 $0
2015 $637 $12,550 $0 $0
2014 $637 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2913090

Realtracs

APN: 098M-B-003