$500,000
SOLD FEB 27, 2025

7241 Lakeshore Dr Chattanooga, TN 37416

0.83 Acre
$602,410 Price per Acre
36,155 Sq Ft Lot

Recently Sold

13% Below List Price

175 Days on Market

Highlights

  • Boathouse
  • Docks
  • Lake On Lot
  • Marina
  • Boat Slip
  • Waterfront

About This Lot

As of February 2025

Welcome to your dream lakefront lifestyle at this exceptional lot in the heart of an exclusive neighborhood! Positioned as the last available lakefront lot within the community, this prime piece of real estate is eagerly awaiting the construction of your perfect lakefront home. Situated adjacent to the community lot, convenience meets luxury with direct access to a boat ramp and a boat dock equipped with covered slips. Imagine the ease of launching your boat for a day on the water or enjoying a serene sunset cruise right from your doorstep. As you envision your future home, take in the breathtaking views that stretch across the tranquil waters, offering a picturesque backdrop that changes with the seasons. Privacy is assured with strategically planted trees that not only enhance seclusion but also add to the natural beauty of the surroundings. Located in a coveted neighborhood known for its upscale homes and community spirit, this lot promises not only a peaceful retreat but also the opportunity to become part of a vibrant lakefront community. Don't miss out on this rare chance to build your lakefront oasis. Contact us today to schedule a visit and begin planning your future in this unparalleled setting. Your lakefront paradise awaits!

Last Agent to Sell the Property

Wendy Dixon

Keller Williams Realty License #308654 Listed on: 02/08/2025

Keller Williams Realty

Last Buyer's Agent

Johnny Sullivan

Horizon Sotheby's International Realty License #337106

Horizon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,818

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 128x283.76
  • Waterfront
  • Rectangular Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Harrison Elementary School
  • Brown Middle School
  • Central High School

Additional Features

  • Property Views

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 112a D 009.18

Community Details

Overview

  • Rekeep Association
  • Lakeshore Country Subdivision

Recreation

  • Marina
  • Boat Slip
  • Boathouse
  • Docks
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,818

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.83
  • Lot Size: 128X283.76
  • Road Surface Type: Paved
  • Subdivision Name: Lakeshore Country
  • Directions: From I-75 S, take Exit 4 for TN-153 N. Take Exit 5A to merge onto TN-58 N. Left onto N Hickory Valley Rd. Right onto Harrison Pike. Right onto Lakeshore Dr. The site for your dream lake home will be on the Right.
  • Location Tax and Legal Parcel Number2: 112a D 009.18
  • Location Tax and Legal Elementary School: Harrison Elementary
  • Location Tax and Legal Middle Or Junior School2: Brown Middle
  • Location Tax and Legal High School: Central High School
  • Location Tax and Legal:Tax Annual Amount: 1817.81
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Lot Size Acres: 0.83
  • General Property Information Lot Size Square Feet2: 36154.8
  • General Property Information Lot Size Dimensions: 128X283.76
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Remarks and Miscellaneous Public Remarks2: Welcome to your dream lakefront lifestyle at this exceptional lot in the heart of an exclusive neighborhood! Positioned as the last available lakefront lot within the community, this prime piece of real estate is eagerly awaiting the construction of your perfect lakefront home. Situated adjacent to the community lot, convenience meets luxury with direct access to a boat ramp and a boat dock equipped with covered slips. Imagine the ease of launching your boat for a day on the water or enjoying a serene sunset cruise right from your doorstep. As you envision your future home, take in the breathtaking views that stretch across the tranquil waters, offering a picturesque backdrop that changes with the seasons. Privacy is assured with strategically planted trees that not only enhance seclusion but also add to the natural beauty of the surroundings. Located in a coveted neighborhood known for its upscale homes and community spirit, this lot promises not only a peaceful retreat but also the opportunity to become part of a vibrant lakefront community. Don't miss out on this rare chance to build your lakefront oasis. Contact us today to schedule a visit and begin planning your future in this unparalleled setting. Your lakefront paradise awaits!
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: Partial
  • Utilities:Water Available: Yes
  • Special Listing Conditions Trust: Yes
  • Location Tax and Legal Zoning2: R-1
  • Location Tax and Legal Zoning Description2: Single-Family Residential District
  • Lot Features Partially Cleared: Yes
  • Other Structures Boat House: Yes
  • Exterior Features Dock2: Yes
  • Status Change Information Association Name 2: Rekeep
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Waterfront Features:Marina in Community: Yes

Exterior Features

  • Lot Features: Lake On Lot, Level, Rectangular Lot, Other, Partially Cleared, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront Features: Marina in Community
  • Waterfront: Yes
  • Exterior Features: Boat Slip, Dock
  • Other Structures: Boat House, None
  • Exterior Features:Boat Slip: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Lake On Lot: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Harrison Elementary
  • High School: Central High School
  • Middle Or Junior School: Brown Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 36154.8
  • Additional Parcels: No
  • Parcel #: 112a D 009.18
  • Zoning Description: Single-Family Residential District
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1817.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Feb 27, 2025
Sold by
Betty Alsup Nesmith Irrevocable Investme and Willett Gregory D
Bought by
Rekeep Investments Inc
Seller's Agent
Wendy Dixon
Keller Williams Realty
Buyer's Agent
Johnny Sullivan
Horizon Sotheby's International Realty
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$509,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,264
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Apr 14, 2020
Sold by
Nesmith Betty Alsup and Mavity Howard
Bought by
Willett Gregory D and Betty Aslup Nesmith Irrevocable Investme

Purchase Details

Closed on
Dec 22, 2000
Sold by
Chattanooga Publishing Company
Bought by
Nesmith Betty Mavity
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $500,000 Foundation Title
Warranty Deed $500,000 Foundation Title
Interfamily Deed Transfer -- None Available
Warranty Deed $176,000 Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $500,000 -13.0% --
12/24/2024 12/24/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $575,000 -- --
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
2025 $1,648 $108,750 $0 $0
2024 $1,818 $81,250 $0 $0
2023 $1,818 $81,250 $0 $0
2022 $1,818 $81,250 $0 $0
2021 $1,818 $81,250 $0 $0
2020 $1,901 $68,750 $0 $0
2019 $1,901 $68,750 $0 $0
2018 $1,901 $68,750 $0 $0
2017 $1,901 $68,750 $0 $0
2016 $1,867 $0 $0 $0
2015 $1,867 $67,500 $0 $0
2014 $1,867 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1394971

Greater Chattanooga REALTORS®

APN: 112A-D-009.18