NOT LISTED FOR SALE

Estimated Value: $747,000 - $824,000

18 Acres
$43,289 Price per Acre
784,080 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $980,000 $468 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,384/month

129 Days on Market

Highlights

  • 18 Acre Lot
  • Wooded Lot
  • Pie Shaped Lot
  • East Hamilton Middle School Rated A-
  • No HOA

About This Lot

As of June 2021

Prime 18-20 acre R-1 and R-3 tract in the heart of East Brainerd for multi-family unit housing. This is ideal for development of apartments, town homes, senior living, high density residential , duplexes, destination retail and many other types of development. This property has over 200 feet of road frontage on high traffic east brainerd rd. There are two entrances to the property off of East Brainard Road. One being beside the Walmart Nieghborhood market , the other next to the car wash. The location is prime for easy access to major factories ( Volkswagen, Amazon,and most industrial parks in the area ) so a development of high density residential could be perfect here. Great access to the airport and major highways.

Last Agent to Sell the Property

Jonathan Campbell

Keller Williams Realty Listed on: 09/15/2020

Co-Listed By

Nate Card

Keller Williams Realty

Last Buyer's Agent

Laura Mitchell

Happy Home Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,846

Lot Details

  • 18 Acre Lot
  • Pie Shaped Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Schools

  • East Hamilton Elementary And Middle School
  • East Hamilton High School

Community Details

  • No Home Owners Association
  • Llc Association

Listing and Financial Details

  • Assessor Parcel Number 159p B 012.04

Property Details

Property Type

Land

Est. Annual Taxes

$5,846

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 18.0
  • Lot Size: 18 acres
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 10708
  • Co List Office Phone: 423-664-1900
  • Subdivision Name: None
  • Directions: Down East Brainerd rd on left across from Food City grocery store.
  • Location Tax and Legal Parcel Number2: 159p B 012.04
  • Location Tax and Legal Elementary School: East Hamilton
  • Location Tax and Legal High School: East Hamilton
  • Location Tax and Legal:Tax Annual Amount: 5846.43
  • General Property Information Lot Size Acres: 18.0
  • General Property Information Lot Size Square Feet2: 784080.0
  • General Property Information Lot Size Dimensions: 18 acres
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: Prime 18-20 acre R-1 and R-3 tract in the heart of East Brainerd for multi-family unit housing. This is ideal for development of apartments, town homes, senior living, high density residential , duplexes, destination retail and many other types of development. This property has over 200 feet of road frontage on high traffic east brainerd rd. There are two entrances to the property off of East Brainard Road. One being beside the Walmart Nieghborhood market , the other next to the car wash. The location is prime for easy access to major factories ( Volkswagen, Amazon,and most industrial parks in the area ) so a development of high density residential could be perfect here. Great access to the airport and major highways.
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: East Hamilton
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: Partial
  • Utilities:Water Available: Yes
  • Lot Features Partially Cleared: Yes
  • Exterior Features Driveway2: Yes
  • Status Change Information Association Name 2: LLC
  • Other Structures Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Single Family

Exterior Features

  • Lot Features: Irregular Lot, Pie Shaped Lot, Wooded, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Exterior Features: Driveway
  • Other Structures: Residence
  • Lot Features:Wooded: Yes
  • Lot Features:Pie Shaped Lot: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Hamilton
  • High School: East Hamilton
  • Middle Or Junior School: East Hamilton

Lot Info

  • Lot Size Sq Ft: 784080.0
  • Parcel #: 159p B 012.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5846.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Jun 3, 2021
Sold by
Curtis Christina J and Curtis Albert
Bought by
Rtb Holdings Llc
Seller's Agent
Jonathan Campbell
Keller Williams Realty
Buyer's Agent
Laura Mitchell
Happy Home Realty
List Price
$1,900,000
Sold Price
$980,000
Premium/Discount to List
-$920,000
-48.42%
Current Estimated Value
$795,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,185
Avg. Annual Appreciation
-4.85%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2015
Sold by
Curtis Christina J and Jezewski Christina G
Bought by
Curtis Christina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Henshall George K and Henshall Donna L
Bought by
Jezewski Christina G

Purchase Details

Closed on
Nov 6, 2001
Sold by
Henshall Faith B and Konvalinka John P
Bought by
Rutherford John Terry and Rutherford Sara Henshall
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rtb Holdings Llc $605,000 Dba Warranty Title Isn Co
Curtis Christina J -- Title365 Pittsburgh
Jezewski Christina G $405,000 --
Rutherford John Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rtb Holdings Llc $480,000
Previous Owner Curtis Christina J $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $980,000 -48.4% $468 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
09/15/2020 09/15/20 For Sale $1,900,000 -- $907 / 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
2025 $2,660 $175,525 $0 $0
2024 $2,868 $128,200 $0 $0
2023 $2,868 $128,200 $0 $0
2022 $2,868 $128,200 $0 $0
2021 $2,868 $128,200 $0 $0
2020 $3,206 $115,950 $0 $0
2019 $3,206 $115,950 $0 $0
2018 $2,767 $115,950 $0 $0
2017 $3,206 $115,950 $0 $0
2016 $2,998 $0 $0 $0
2015 $5,617 $108,425 $0 $0
2014 $5,249 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1324384

Greater Chattanooga REALTORS®

APN: 159P-B-012.04