NOT LISTED FOR SALE

501 Rock Creek Rd 499a1911-E2da-4c37-8630-79acde731713, GA 30750

Hinkles Neighborhood

Estimated Value: $130,000 - $187,000

1.63 Acres
$95,910 Price per Acre
71,003 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $80,000

Est. 77% increase in value since last sale

Current estimated payment $781/month

137 Days on Market

Highlights

  • Creek On Lot
  • Fairyland Elementary School Rated A-
  • No HOA

About This Lot

As of July 2024

Looking to build your next home? Trying to find land in one of Greater Chattanooga's most desirable areas? We've got the perfect spot! With 1.63 acres on Lookout Mountain and a beautiful creek on the property, this land has endless possibilities! With plenty of privacy and Rock Creek running through the backside of the property, it's full of potential. Enjoy the deep swimming hole in the creek or go fishing whenever you'd like! This creek feeds into Lula Lake Falls, which is nearby so you can enjoy beautiful outdoor amenities. Not only is it close to Lookout Mountain attractions (like Rock City and Ruby Falls), but it's also a short drive into downtown Chattanooga. There is natural gas, electricity, and water at the street, so this one is ready for your dream home! Make sure to check out this lovely spot before it's gone!

Last Agent to Sell the Property

Nathan Torgerson

Keller Williams Realty - Chattanooga - Washington St License #323740 Listed on: 02/05/2024

Keller Williams Realty - Chattanooga - Washington St

Last Buyer's Agent

Nathan Torgerson

Keller Williams Realty - Chattanooga - Washington St License #323740 Listed on: 02/05/2024

Keller Williams Realty - Chattanooga - Washington St

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $168

Lot Details

  • 1.63 Acre Lot
  • Property fronts a county road

Schools

  • Fairview Elementary School
  • Chattanooga Valley Middle School
  • Ridgeland High School

Listing and Financial Details

  • Assessor Parcel Number 0012 008b

Community Details

Overview

  • No Home Owners Association

Recreation

  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$168

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.63
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: Going up the mountain on Ochs Hwy, left on Lula Lake Rd for 5.9 miles. Left on Rock creek Rd. Land is on the right.
  • Special Features: None

Interior Features

  • Community Features:None3: Yes

Exterior Features

  • Lot Features: Creek/Stream
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Property Condition: None
  • Lot Features:CreekStream2: Yes

Utilities

  • Sewer: None
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Fairview Elementary
  • High School: Ridgeland
  • Middle Or Junior School: Chattanooga Valley

Lot Info

  • Lot Size Sq Ft: 71002.8
  • Additional Parcels: No
  • Parcel #: 0012 008b
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 168.27
  • Tax Book Number: 2061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jul 9, 2024
Sold by
Vance Benjamin N
Bought by
Lomoco Llc
Seller's Agent
Nathan Torgerson
Keller Williams Realty - Chattanooga - Washington St
Buyer's Agent
Nathan Torgerson
Keller Williams Realty - Chattanooga - Washington St
List Price
$145,000
Sold Price
$80,000
Premium/Discount to List
-$65,000
-44.83%
Views
17
Current Estimated Value
$141,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,667
Avg. Annual Appreciation
73.18%

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 19, 2019
Sold by
Demas Thomas G
Bought by
Vance Benjamin N
Seller's Agent
Nathan Torgerson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Nathan Torgerson
Greater Downtown Realty dba Keller Williams Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%

Purchase Details

Closed on
Sep 4, 2014
Sold by
Demas Wynne D
Bought by
Demas Thomas G

Purchase Details

Closed on
Nov 19, 2004
Sold by
Hall James W
Bought by
Demas Thomas G and Demas Wynne D

Purchase Details

Closed on
Jan 1, 1972
Bought by
Hall James W
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
Lomoco Llc $80,000 --
Vance Benjamin N $45,000 --
Demas Thomas G -- --
Demas Thomas G $35,000 --
Hall James W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $80,000 -15.8% --
06/22/2024 06/22/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $95,000 -34.5% --
02/05/2024 02/05/24 For Sale $145,000 +222.2% --
12/19/2019 12/19/19 Sold $45,000 -9.8% -- View Prior Sale
11/05/2019 11/05/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $49,900 -- --
Source: River Counties Association of 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 $346 $17,060 $17,060 $0
2023 $316 $15,232 $15,232 $0
2022 $168 $7,244 $7,244 $0
2021 $186 $7,244 $7,244 $0
2020 $193 $7,244 $7,244 $0
2019 $197 $7,244 $7,244 $0
2018 $192 $7,244 $7,244 $0
2017 $217 $7,244 $7,244 $0
2016 $177 $7,244 $7,244 $0
2015 $134 $5,128 $5,128 $0
2014 $129 $5,128 $5,128 $0
2013 -- $5,128 $5,128 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20240446

River Counties Association of REALTORS®

APN: 0012-008B