$24,500
SOLD MAR 9, 2017

5550 Ginkgo Rd Ooltewah, TN 37363

0.39 Acre
$62,821 Price per Acre
16,988 Sq Ft Lot

Recently Sold

11% Below List Price

95 Days on Market

About This Lot

As of May 2022

COLLEGEDALE/OOLTEWAH! LARGE PRIVATE LOT PRICED BELOW $30,000 IN IN POPULAR HOMEWOOD SUBDIVISION- MOTIVATED SELLER! Lot is in Back of Subdivision allowing lots of privacy. This Basement Lot is READY to BUILD ON! Community Amenities include: Community Pool, sidewalks, sewer, public water and city trash pick-up all available at street. Within 15 minutes from VOLKSWAGEN, AMAZON & Shopping areas. Custom build your new home today! One of the last LOTS AVAILABLE... Owner Finance Option Available

Last Agent to Sell the Property

Sonja Snyder

Realty Specialists License #324674 Listed on: 11/21/2016

Last Buyer's Agent

Sonja Snyder

Realty Specialists License #324674 Listed on: 11/21/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $259

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 109.48x139.35
  • Property fronts a county road
  • Rectangular Lot
  • Sloped Lot
  • Cleared Lot

Schools

  • Wolftever Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 141c E 042

Community Details

Overview

  • No Home Owners Association
  • Cunningham Association
  • Homewood Subdivision

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$259

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.39
  • Lot Size: 109.48X139.35
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Paved
  • Subdivision Name: Homewood
  • Directions: I-75 North to Ooltewah Exit (#11), right onto Lee Hwy, right onto Edgmon Rd, right onto Tucker Rd, right into Homewood Subdivision onto Homewood Circle, right onto Jonquil and left onto Gingko. Home on the right. Sign on Property
  • Location Tax and Legal Parcel Number2: 141c E 042
  • Location Tax and Legal Elementary School: Wolftever Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 258.53
  • General Property Information Lot Size Acres: 0.39
  • General Property Information Lot Size Square Feet2: 16988.4
  • General Property Information Lot Size Dimensions: 109.48X139.35
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Ooltewah Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type County Road: Yes
  • Status Change Information Association Name 2: Cunningham
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Community Features:Curbs: Yes

Exterior Features

  • Lot Features: Rectangular Lot, Sloped, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Exterior Features: Rain Gutters
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Rain Gutters: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 141c E 042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 258.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 11, 2022
Sold by
Jeffrey Cunningham
Bought by
Chai Seung Kwan and Chai Hee Sook
Seller's Agent
Sonja Snyder
Realty Specialists
Buyer's Agent
HELEN L LEE
PrimeTime Realty
List Price
$59,900
Sold Price
$57,500
Premium/Discount to List
-$2,400
-4.01%
Current Estimated Value
$83,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,918
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
Nov 21, 2016
Closed on
Mar 9, 2017
Sold by
Norgren Jeffery and Norgren Sharon
Bought by
Cunningham Jeffrey
Seller's Agent
Sonja Snyder
Realty Specialists
Buyer's Agent
Sonja Snyder
Realty Specialists
List Price
$27,500
Sold Price
$24,500
Premium/Discount to List
-$3,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%
Original Mortgage
$21,000
Interest Rate
4.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 24, 2007
Sold by
Arner Jerome
Bought by
Norgren Jeffery and Norgren Sharon

Purchase Details

Closed on
Jul 5, 2007
Sold by
Cornerstone Land Llc
Bought by
Arner Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,225
Interest Rate
6.37%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $57,500 None Listed On Document
Warranty Deed $24,500 First Choice Title Inc
Warranty Deed $40,000 Realty Title & Escrow Servic
Warranty Deed $26,500 Title Services Of Tn Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $21,000 Stand Alone First
Previous Owner $17,225 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $57,500 -4.0% --
05/06/2022 05/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $59,900 +144.5% --
03/09/2017 03/09/17 Sold $24,500 -10.9% --
02/24/2017 02/24/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $27,500 -- --
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 $308 $13,750 $0 $0
2023 $521 $13,750 $0 $0
2022 $499 $13,750 $0 $0
2021 $499 $13,750 $0 $0
2020 $331 $7,500 $0 $0
2019 $331 $7,500 $0 $0
2018 $302 $7,500 $0 $0
2017 $302 $7,500 $0 $0
2016 $259 $0 $0 $0
2015 $259 $6,250 $0 $0
2014 $259 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1255717

Greater Chattanooga REALTORS®

APN: 141C-E-042