5026 Swan Rd Chattanooga, TN 37416
Bonny Oaks-Highway 58 NeighborhoodEstimated Value: $227,000
10
Acres
$23,895
Price per Acre
413,820
Sq Ft Lot
Highlights
- 9.5 Acre Lot
- Paved or Partially Paved Lot
- No Heating
- No HOA
About This Lot
As of November 20179.5 acre lot in HWY 58 area. Development Land in the HWY 58 Market Area. Regularly Shaped, R1, level to moderate rolling topography. Approximately 300 Ft Frontage at Swan Road. Approximately 1300 ft depth. Sewer is at the Swan Rd Frontage (City of Chattanooga). Preliminary site plans indicate a single cul-de-sac road with R1 Single Family uses yields approximately 35 +/- Lots ( approx. $7,000 per lot). A home on the site is not a consideration for the value and will be sold in ''AS IS'' condition. Surrounding Uses are Single Family Residential. Area activity includes VW Assembly Plant and new incoming Wal Mart Supercenter. This is an excellent opportunity to obtain development land to deliver market-value product in a resurging growth area of town.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,800
Year Built
- 1964
Lot Details
- 9.5 Acre Lot
- Lot Dimensions are 298x1340
- Paved or Partially Paved Lot
- Level Lot
Schools
- Brown Middle School
- Central High School
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2018
Sold by
Bacon Pryor
Bought by
The Pryor Bacon Co Inc
Total Days on Market
350
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,159,200
Interest Rate
4.22%
Mortgage Type
Construction
Purchase Details
Listed on
Apr 30, 2016
Closed on
Dec 15, 2017
Sold by
Bacon Pryor
Bought by
The Pryor Bacon Co Inc
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Purchase Details
Listed on
Apr 30, 2016
Closed on
Nov 1, 2017
Sold by
Mckissic Gerald and Mckissic Bonnie M
Bought by
Bacon Pryor
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Purchase Details
Closed on
Nov 23, 2010
Sold by
Mckissic Gerald E
Bought by
Mckissic Gerald E and Mckissic Bonnie M
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Here is your chance to build your dream home on this beautiful undeveloped mountain view property! This property is just minutes away from downtown Chattanooga (The Scenic City) with plenty of activities that everyone is sure to enjoy!
Gavin Franks The James Company Real Estate Brokers & Development
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Pryor Bacon Co Inc | -- | Title Insurance Co | |
| The Pryor Bacon Co Inc | -- | Title Ins Co Of Chattanooga | |
| Bacon Pryor | $215,000 | Title Ins Co Of Chattanoga | |
| Mckissic Gerald E | -- | Chattanooga Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Pryor Bacon Company Inc | $1,159,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2017 11/01/17 | Sold | $215,000 | -14.0% | $149 / Sq Ft |
| 04/15/2017 04/15/17 | Pending | -- | -- | -- |
| 04/30/2016 04/30/16 | For Sale | $250,000 | -- | $174 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2020 | $739 | $26,725 | $0 | $0 |
| 2019 | -- | $26,725 | $0 | $0 |
| 2018 | -- | $37,600 | $0 | $0 |
| 2017 | -- | $37,600 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $35,475 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 2732589
APN: 120N-F-019
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