NOT LISTED FOR SALE

711 Lick Point Rd Sequatchie, TN 37374

Estimated Value: $964,172 - $1,219,000

135 Acres
$7,947 Price per Acre
5,880,600 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $360,000 $325 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $6,237/month

138 Days on Market

Highlights

  • 135 Acre Lot
  • Wooded Lot
  • Separate Outdoor Workshop
  • Pond
  • No HOA
  • Level Lot

About This Lot

As of December 2020

Large approximately 135 acre tract of land that has a home on it but value is in the land. This beautiful property is mostly wooded with some cleared pastures and approximately 60 acres crosses onto the right side of Lick Point Rd. The property has a Spring Fed Pond and would be great for horses, cattle, farming, hunting, hiking or just enjoying lots of wildlife and nature! Great place to build your dream home and there is a home you could live in while building and later rent for income. Plenty of acreage here to have privacy!

Last Agent to Sell the Property

Kim Snyder

Greyhaven Realty Management Co Listed on: 06/12/2020

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,325

Lot Details

  • 135 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion County High School

Utilities

  • No Utilities

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 047 014.00

Community Details

Overview

  • No Home Owners Association
  • Private Association

Recreation

  • Pond
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$2,325

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 135.0
  • Lot Size: Approx. 135
  • Road Frontage Type: County Road
  • Subdivision Name: None
  • Directions: From Jasper-take Hwy 150 towards Trace. It's for 8.3 miles to Lick Point Rd. Turn right and continue to 711 and property is on the left and right side of the road.
  • Location Tax and Legal Parcel Number2: 047 014.00
  • Location Tax and Legal Elementary School: Jasper Elementary
  • Location Tax and Legal High School: Marion County High
  • Location Tax and Legal:Tax Annual Amount: 2325.0
  • General Property Information Lot Size Acres: 135.0
  • General Property Information Lot Size Square Feet2: 5880600.0
  • General Property Information Lot Size Dimensions: Approx. 135
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Location Tax and Legal Middle or Junior School: Jasper Middle
  • General Property Information Flood Zone YN2: No
  • Lot Features Rural: Yes
  • Special Listing Conditions Trust: Yes
  • Lot Features Partially Cleared: Yes
  • Other Structures:Workshop: Yes
  • Road Frontage Type County Road: Yes
  • Utilities None28: Yes
  • Status Change Information Association Name 2: Private
  • Other Structures Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Irregular Lot, Level, Pond On Lot, Rural, Sloped, Split Possible, Wooded, Partially Cleared
  • View: No
  • Waterfront: No
  • Other Structures: Residence, Workshop
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Pond On Lot: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jasper Elementary
  • High School: Marion County High
  • Middle Or Junior School: Jasper Middle

Lot Info

  • Lot Size Sq Ft: 5880600.0
  • Parcel #: 047 014.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2325.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Dec 11, 2020
Sold by
Estate Of Cad E Campbell
Bought by
Oechsler George R
Seller's Agent
Kim Snyder
Greyhaven Realty Management Co
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Current Estimated Value
$1,114,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,084
Avg. Annual Appreciation
27.50%
Original Mortgage
$288,000
Outstanding Balance
$258,607
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$855,477

Purchase Details

Closed on
Jun 7, 1966
Bought by
Campbell Carl E

Purchase Details

Closed on
Nov 19, 1965
Bought by
Campbell Carl E

Purchase Details

Closed on
May 8, 1944
Bought by
Campbell Bessie C

Purchase Details

Closed on
Jan 3, 1900

Purchase Details

Closed on
Jan 2, 1900
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
Oechsler George R $360,000 None Available
Campbell Carl E -- --
Campbell Carl E -- --
Campbell Bessie C -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oechsler George P $100,000
Open Oechsler George R $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $360,000 0.0% $325 / Sq Ft
12/11/2020 12/11/20 Sold $360,000 -20.0% $185 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/28/2020 10/28/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $450,000 0.0% $406 / Sq Ft
05/23/2020 05/23/20 For Sale $450,000 -- $231 / Sq Ft
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 $1,002 $56,900 $28,450 $28,450
2023 $1,002 $56,900 $0 $0
2022 $1,002 $56,900 $28,450 $28,450
2021 $925 $98,675 $72,800 $25,875
2020 $2,324 $52,575 $26,700 $25,875
2019 $2,324 $107,175 $87,325 $19,850
2018 $2,324 $107,175 $87,325 $19,850
2017 $2,324 $107,175 $87,325 $19,850
2016 $2,324 $107,175 $0 $0
2015 $998 $43,900 $0 $0
2014 $998 $46,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1319404

Greater Chattanooga REALTORS®

APN: 047-014.00