NOT LISTED FOR SALE

515 County Road 42 Athens, TN 37303

Estimated Value: $225,000 - $231,875

20.44 Acres
$11,176 Price per Acre
890,366 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $214,500 $116 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,251/month

39 Days on Market

Highlights

  • Countryside Views
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Private Lot

About This Lot

As of March 2024

20.44 UNRESTRICTED acres with ALL the right stuff!! A private ranch nestled in the heart of Southeast Tennessee on the McMinn County side of the Hiwassee River, near the Bradley and Meigs County lines on a mountain side. About 3.5 acres cleared for the homesite and is partially FENCED to the GATE at the end of the drive. BASEMENT FOUNDATION for an 1848 sq ft home is there for the using, or you can bury that and start all over with the home of your dreams! WELL and 3 bedroom SEPTIC already in place. ELECTRIC on site. AT&T DSL internet available (VEC is installing fiberoptic in the area as well). The 525 foot asphalt DRIVEWAY with wide turnaround area in great condition, saves you thousands! There is a sweet A-Frame run-in shed with a PLAYHOUSE and lean-to on each side for storage as well as another freestanding metal storage building. The surrounding woods are full of mature hardwoods and pines, as well as DEER, FOX, TURKEY and other furry friends. Property is in the forestry GREENBELT, so TAXES ARE LESS THAN $100 per YEAR! This will make you an amazing homestead! 3.94 acres are on the East side of the road directly across from the main 16.5 acres, creating an opportunity for another home or to sell. Property is located 24 minutes to Cleveland, 36 minutes to Athens, 18 minutes to Charleston, 51 minutes to Chattanooga, and just 7.4 miles to I-75. Convenient to Volkswagon, Wacker, Amazon and Olin.

Last Agent to Sell the Property

Nancy Howard

Weichert Realtors - The Space Place License #334881 Listed on: 01/13/2024

Weichert Realtors - The Space Place

Co-Listed By

Art Howard

Weichert Realtors - The Space Place License #369854

Last Buyer's Agent

Katie Morton

Realty Executives Associates License #351246

Realty Executives Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $73

Lot Details

  • 20.44 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Private Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)

Parking

  • Driveway

Property Views

  • Countryside Views

Utilities

  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 080 010.01

Property Details

Property Type

Land

Est. Annual Taxes

$73

Lot Details

0

Listing Details

  • Directions: Take exit 36 (Calhoun) off I-75 and go west on County Road 20 (Lamontville Rd). Turn left onto County Road 48, Left onto County Road 44, then left onto County Road 42. Property is on the right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 20.44
  • Lot Size: 20.44
  • Co List Office Mls Id: 2089
  • Co List Office Phone: 423-745-2634
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Property Sub-Type:Rural: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Topography:Partially Cleared: Yes
  • Lot Description:Private: Yes
  • Improvements:Driveway3: Yes
  • Improvements:Septic Installed: Yes
  • Property Sub-Type:Farm2: Yes
  • Property Sub-Type:Mobile Home2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting
  • Lot Features: Private, Rolling, Wooded, Rolling Slope
  • Topography: {"Partially Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 890366.4
  • Parcel #: 080 010.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 19, 2024
Sold by
Justus Mark and Justus Melody
Bought by
Justus Family Trust and Justus
Seller's Agent
Nancy Howard
Weichert Realtors - The Space Place
Buyer's Agent
Katie Morton
Realty Executives Associates
List Price
$220,000
Sold Price
$214,500
Premium/Discount to List
-$5,500
-2.5%
Views
174
Current Estimated Value
$228,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,938
Avg. Annual Appreciation
4.03%

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 11, 2024
Sold by
Alterman Joseph H
Bought by
Justus Mark and Justus Melody
Seller's Agent
Nancy Howard
Weichert Realtors - The Space Place
Buyer's Agent
Katie Morton
Realty Executives Associates
List Price
$220,000
Sold Price
$214,500
Premium/Discount to List
-$5,500
-2.5%
Views
174

Purchase Details

Closed on
Jun 8, 2016
Sold by
Alterman Joseph H
Bought by
Alterman Joseph H

Purchase Details

Closed on
May 24, 2007
Sold by
Newberry Travis M
Bought by
Alterman Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Justus Family Trust -- Southeastern Title
Justus Mark $214,500 Southeast Title
Alterman Joseph H -- --
Alterman Joseph H -- --
Alterman Joseph H $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alterman Joseph H $131,500
Previous Owner Alterman Joe $180,000
Previous Owner Newberry Travis M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $214,500 -2.5% $116 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $220,000 -- $119 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $73 $6,775 $6,500 $275
2023 $73 $6,775 $6,500 $275
2022 $92 $5,950 $5,950 $0
2021 $92 $5,950 $5,950 $0
2020 $92 $5,950 $5,950 $0
2019 $92 $5,950 $5,950 $0
2018 $92 $5,950 $5,950 $0
2017 $593 $36,700 $4,925 $31,775
2016 $593 $36,700 $4,925 $31,775
2015 -- $36,700 $4,925 $31,775
2014 $593 $36,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1250091

East Tennessee REALTORS® MLS

APN: 080-010.01