NOT LISTED FOR SALE

8178 Savannah Bay Dr Ooltewah, TN 37363

Estimated Value: $678,000 - $985,000

1 Acre
$825,303 Price per Acre
43,560 Sq Ft Lot

Last Sold August 12, 2014

Last sale price $79,700 $38 Per Sq Ft

Est. 936% increase in value since last sale

Current estimated payment $4,783/month

44 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Rectangular Lot
  • Ooltewah Elementary School Rated A-
  • No HOA

About This Lot

As of August 2014

The best and largest home lot in the community #11 comes with the most private boat slip #14. It includes usage of the connected community property of which you will own 1/19. This lot has special setback allowances making it possible to build a large home. The community has a newly formed HOA with dues of $35 per month. The HOA has been busy with many current and upcoming possible projects. Front Entrance Beautification: Planting trees and flowers along front entrance Community Property Enhancements: Dock renovation which may include roof, eclectic, running water and a ramp. We also plan on landscaping and installing irrigation from Savannah Bay. For homeowner and community safety we have just formed a neighborhood watch program in conjunctions with local law enforcement. Community Barbeq ues and games happen several times a year and are announced in our community newsletter. The lot is at an elevation which provides a vista of over a mile of pristine water. In the winter when the water is lower there is Beautiful Varnell Creek which flows year-round near the dock. Original owners in the community paid as much 125k for water lots plus 10k for a dock boat slip. This boat slip is included in our price. When we purchased the property 2 years ago we could not even walk around it because of dense undergrowth and briars. In clearing it we were able to maintain large beautiful trees which witch many can be saved even after building a expansive home. The lot also includes preliminary home plans that accentuate the beautiful view year round.

Last Agent to Sell the Property

Stewart Phillips

Keller Williams Realty License #306881 Listed on: 06/08/2014

Keller Williams Realty

Last Buyer's Agent

Stewart Phillips

Keller Williams Realty License #306881 Listed on: 06/08/2014

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $622

Lot Details

  • Lot Dimensions are 83.49 x 124.96
  • Waterfront
  • Rectangular Lot

Property Views

  • Water Views

Schools

  • Ooltewah Elementary School
  • Hunter Middle School
  • Ooltewah High School

Listing and Financial Details

  • Assessor Parcel Number 104H B 011

Community Details

Overview

  • No Home Owners Association
  • Private Association
  • Villages Of Savannah Bay Subdivision

Recreation

  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$622

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size: 83.49 X 124.96
  • Road Frontage Type: City Street
  • Subdivision Name: Villages Of Savannah Bay
  • Directions: North I-75; Exit 11 and turn left; Go under I-75; Right on Mountain View Rd; Left on Snow Hill Rd; Go approx. 5 miles and subdivision is on the right right past Hampton Creek Subdv
  • Location Tax and Legal Parcel Number2: 104H B 011
  • Location Tax and Legal Elementary School: Ooltewah Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 622.0
  • General Property Information Lot Size Dimensions: 83.49 X 124.96
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Location Tax and Legal Middle or Junior School: Hunter Middle
  • General Property Information Flood Zone YN2: No
  • View:Water2: Yes
  • Status Change Information Association Name 2: Private
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Lake On Lot, Rectangular Lot
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Lake On Lot: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ooltewah Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Hunter Middle

Lot Info

  • Parcel #: 104H B 011

Tax Info

  • Tax Annual Amount: 622.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2014
Closed on
Aug 11, 2014
Sold by
Collar Steven and Collar Pamela
Bought by
Ingalls Jill Ellen
Seller's Agent
Stewart Phillips
Keller Williams Realty
Buyer's Agent
Stewart Phillips
Keller Williams Realty
List Price
$100,000
Sold Price
$79,700
Premium/Discount to List
-$20,300
-20.3%
Current Estimated Value
$825,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,603
Avg. Annual Appreciation
23.51%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Stultz Edward B and Stultz Lacy E
Bought by
Collar Steven and Collar Pamela
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
Ingalls Jill Ellen $79,700 Choice Title Company Inc
Collar Steven $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingalls Jill E $342,600
Closed Ingalls Jill $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $79,700 -20.3% $38 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/08/2014 06/08/14 For Sale $100,000 -- $47 / 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 $3,537 $158,100 $0 $0
2023 $3,546 $158,100 $0 $0
2022 $3,546 $158,100 $0 $0
2021 $3,546 $158,100 $0 $0
2020 $3,599 $129,825 $0 $0
2019 $3,599 $129,825 $0 $0
2018 $3,599 $129,825 $0 $0
2017 $2,902 $129,825 $0 $0
2016 $622 $0 $0 $0
2015 $622 $22,500 $0 $0
2014 $622 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1212095

Greater Chattanooga REALTORS®

APN: 104H-B-011