NOT LISTED FOR SALE

7818-7820 Lake Ridge Dr Hixson, TN 37343

Estimated Value: $123,000

1.73 Acres
$71,098 Price per Acre
75,359 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $130,000

Est. 5% decrease in value since last sale

Current estimated payment $677/month

16 Days on Market

Highlights

  • Water Views
  • 1.73 Acre Lot
  • No HOA
  • McConnell Elementary School Rated 9+
  • Wooded Lot
  • Rectangular Lot

About This Lot

As of October 2021

Your pulse will quicken as you wind your way through tree-canopy roads up to Big Ridge brow overlooking Wolftever Creek and Chickamauga Lake – next, take a step onto the site of your new forever home and your imagination will soar! At an elevation of 1020 feet, this 1.73-acre lot is waiting for you to build the home of your DREAMS with views guaranteed to delight. Offered as one purchase, these two separately deeded lots are being marketed for the first time since 1997. Located in the Lake Ridge/Gold Point community, just minutes from Chester Frost Park, Hamilton County's premiere, 230-acre waterfront public recreational area. This property also offers easy access to shopping, medical facilities, restaurants, and downtown Chattanooga – quiet country living with city conveniences. The lifestyle awaiting you has endless potential - bring your imagination and house plans - we'll supply this remarkable land, and the Good Lord will provide spectacular sunrise and sunset views! What are you waiting for?

Last Agent to Sell the Property

Carol Craig

Keller Williams Realty License #276193 Listed on: 08/27/2021

Keller Williams Realty

Last Buyer's Agent

Nathan Torgerson

Keller Williams Realty License #323740

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $332

Lot Details

  • 1.73 Acre Lot
  • Lot Dimensions are 174'x316
  • Property fronts a private road
  • Rectangular Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Water Views

Schools

  • Mcconnell Elementary School
  • Loftis Middle School
  • Hixson High School

Community Details

  • No Home Owners Association
  • Philippi Association
  • Lake Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093i A 009 093i A 008

Property Details

Property Type

Land

Est. Annual Taxes

$332

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.73
  • Lot Size: 174'x316
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Ridge
  • Directions: TN-Hwy 153 N to Hixson Pike (TN-319 N), continue on Hixson Pike, turn right onto Gold Point Circle S, turn right onto Lake Ridge Drive, property is on the left.
  • Location Tax and Legal Parcel Number2: 093i A 009 093i A 008
  • Location Tax and Legal Elementary School: McConnell Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 331.82
  • General Property Information Lot Size Acres: 1.73
  • General Property Information Lot Size Square Feet2: 75382.2
  • General Property Information Lot Size Dimensions: 174'x316
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Loftis Middle
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • View:Water2: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type:Private Road: Yes
  • Status Change Information Association Name 2: Philippi
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Brow Lot, Rectangular Lot, Sloped, Wooded, Partially Cleared, Will Not Divide
  • View: Water, Other
  • View: Yes
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: McConnell Elementary
  • High School: Hixson High
  • Middle Or Junior School: Loftis Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 75382.2
  • Parcel #: 093i A 009 093i A 008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 331.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 14, 2021
Sold by
Mills Carolyn P and Mills Charlie L
Bought by
Phillipi Larry D and Phillipi Living Trust
Seller's Agent
Carol Craig
Keller Williams Realty
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
-1.38%

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 13, 2021
Sold by
Mills Carolyn P and Mills Charlie L
Bought by
Philippi Living Trust and Philippi
Seller's Agent
Carol Craig
Keller Williams Realty
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Phillipi Larry D $130,000 Bridge City Title Downtown
Philippi Living Trust $130,000 New Title Company Name
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $130,000 -13.3% --
09/12/2021 09/12/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $150,000 -- --
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
2023 $268 $12,000 $0 $0
2022 $268 $12,000 $0 $0
2021 $268 $12,000 $0 $0
2020 $166 $6,000 $0 $0
2019 $166 $6,000 $0 $0
2018 $166 $6,000 $0 $0
2017 $166 $6,000 $0 $0
2016 $166 $0 $0 $0
2015 $166 $6,000 $0 $0
2014 $166 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1342274

Greater Chattanooga REALTORS®

APN: 093I-A-009