J
Seller's Agent in 2021
John Jewell
CBT Commercial
7503 Igou Gap Rd Chattanooga, TN 37421
Hamilton Place NeighborhoodEstimated Value: $351,000
1.83
Acres
$191,803
Price per Acre
79,715
Sq Ft Lot
Highlights
- 1.83 Acre Lot
- No HOA
- Rectangular Lot
About This Lot
As of October 2021Excellent property for multi unit housing development.
This parcel is easily accessible from Gunbarrel Road and close to the Target retail center. A curb cut is in place from the round-about recently installed along Igou Gap Road for entry into this approximate 1.8 acre parcel. Surrounding parcels are zoned R-1 (single family detached), R-3 (multi-family), and RTZ (townhome and single family attached)
allowing for a range of development possibilities. The current zoning is R-1 which should easily allow for 8-12 single family homes to be developed. A home was previously on the property but has been removed.
Last Agent to Sell the Property
John Jewell
CBT Commercial Listed on: 09/08/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,248
Lot Details
- 1.83 Acre Lot
- Lot Dimensions are 250x319.5
- Rectangular Lot
- Level Lot
- Cleared Lot
Schools
- East Cleveland Elementary School
- Ooltewah Middle School
- Ooltewah High School
Utilities
- Gas Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 159a B 002
Community Details
Overview
- No Home Owners Association
- Woodbridge Association
Recreation
- Rain Gutters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2025
Sold by
Igou Gap Llc
Bought by
River Stone Construction Llc
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
$900,000
Outstanding Balance
$896,813
Interest Rate
6.65%
Estimated Equity
-$545,813
Purchase Details
Closed on
Jul 5, 2024
Sold by
Woodbridge Llc
Bought by
Igou Gap Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,875
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2021
Closed on
Oct 25, 2021
Sold by
Igou Gap Property A Series Of Djaz Llc
Bought by
Woodbridge Llc
Seller's Agent
John Jewell
CBT Commercial
Buyer's Agent
Elizabeth Moyer
Keller Williams Realty
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Purchase Details
Closed on
Apr 4, 2019
Sold by
Rifai Ayman
Bought by
Lgou Gap Property A Series Of Djaz Llc
Purchase Details
Listed on
May 26, 2015
Closed on
Jan 15, 2016
Sold by
Herrera Jose I
Bought by
Rifai Ayman
Seller's Agent
Nathan Walldorf
Herman Walldorf & Co., Inc.
Buyer's Agent
Nathan Walldorf
Herman Walldorf & Co., Inc.
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Purchase Details
Closed on
May 22, 1997
Sold by
Clements Sylvia M and Clements Howell G
Bought by
Herrera Jose I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
8.18%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 29, 1995
Bought by
Clements Howell G and Clements Sylvia
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| River Stone Construction Llc | -- | Title Guaranty & Trust | |
| River Stone Construction Llc | -- | Title Guaranty & Trust | |
| Igou Gap Llc | -- | Title Guaranty & Trust | |
| Igou Gap Llc | -- | Title Guaranty & Trust | |
| Woodbridge Llc | $275,000 | None Listed On Document | |
| Lgou Gap Property A Series Of Djaz Llc | -- | Cumnerland Ttl & Guaranty Co | |
| Rifai Ayman | $185,000 | None Available | |
| Herrera Jose I | $85,000 | -- | |
| Clements Howell G | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | River Stone Construction Llc | $900,000 | |
| Closed | River Stone Construction Llc | $900,000 | |
| Closed | River Stone Construction Llc | $960,000 | |
| Previous Owner | Igou Gap Llc | $811,875 | |
| Previous Owner | Herrera Jose I | $80,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2021 10/25/21 | Sold | $275,000 | -8.3% | $168 / Sq Ft | |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- | |
| 09/08/2021 09/08/21 | For Sale | $299,900 | +62.1% | $183 / Sq Ft | |
| 01/15/2016 01/15/16 | Sold | $185,000 | -7.0% | $113 / Sq Ft | View Prior Sale |
| 01/04/2016 01/04/16 | Pending | -- | -- | -- | |
| 05/26/2015 05/26/15 | For Sale | $199,000 | -- | $121 / Sq Ft |
Source: Greater Chattanooga REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $705 | $31,500 | $0 | $0 |
| 2023 | $705 | $31,500 | $0 | $0 |
| 2022 | $705 | $31,500 | $0 | $0 |
| 2021 | $705 | $31,500 | $0 | $0 |
| 2020 | $684 | $24,750 | $0 | $0 |
| 2019 | $684 | $24,750 | $0 | $0 |
| 2018 | $690 | $24,750 | $0 | $0 |
| 2017 | $1,272 | $46,000 | $0 | $0 |
| 2016 | $1,065 | $0 | $0 | $0 |
| 2015 | $2,069 | $38,500 | $0 | $0 |
| 2014 | $2,069 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elizabeth Moyer
Buyer's Agent in 2021
Elizabeth Moyer
Keller Williams Realty
(423) 645-4224
5 in this area
377 Total Sales
-
N
Seller's Agent in 2016
Nathan Walldorf
Herman Walldorf & Co., Inc.
-
C
Seller Co-Listing Agent in 2016
Charlie Walldorf
Herman Walldorf & Co., Inc.
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1342818
APN: 159A-B-002
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