NOT LISTED FOR SALE

8316 Georgetown Bay Dr Ooltewah, TN 37363

Estimated Value: $664,000 - $972,000

0.33 Acre
$2,292,885 Price per Acre
14,375 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $157,000

Est. 382% increase in value since last sale

Current estimated payment $4,305/month

16 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Corner Lot
  • Ooltewah Elementary School Rated A-

About This Lot

As of June 2022

Enjoy lake living in the gated, lakefront, community of Georgetown Bay! Minutes to conveniences, state parks, golf, I-75, Hwy 58, Volkswagen, Amazon, to name a few. A private boat ramp for residents and 3 community docks, 2 with swim platforms- great for fishing, sunbathing or just relaxing. This premium corner lot is cleared, level, with views of White Oak Mtn and Savannah Bay. Electric, water/sewer, internet, phone utilities are all available at the street. A boat slip is not deeded to this lot, however, residents have been known to lease to other residents for the season. This is a gated community and access will not be provided without a Realtor. Agent has a personal interest. Buyers to independently verify all information and perform their due diligence. Call today!

Last Agent to Sell the Property

Teresa Scheiwe

Keller Williams Realty - Ooltewah License #323927 Listed on: 03/13/2022

Keller Williams Realty - Ooltewah

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $553

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 129 x 116
  • Corner Lot
  • Level Lot

HOA Fees

  • $85 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 104a B 001

Community Details

Overview

  • Georgetown Bay Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$553

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Lot Size: 129 x 116
  • Water Body Name: Tennessee, Chickamauga
  • Subdivision Name: Georgetown Bay
  • Directions: Exit 11 Ooltewah off I-75 North. Left off the exit onto Lee Hwy. Right onto Mountain View Rd (becomes Ooltewah Georgetown Rd). Left onto Biggs Rd. Enter gate code. Lot will be on the left on the corner.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Dock3: Yes

Exterior Features

  • Lot Features: Level, Corner Lot
  • View: Water, Mountain(s)
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Boat Ramp: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: None, Underground Utilities, Water Available, Phone Available, Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock
  • Association Fee: 1025.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1025.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 104a B 001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 553.04
  • Tax Book Number: 9682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2022
Closed on
Jun 17, 2022
Sold by
Silverio and Mary
Bought by
Gray Brian and Gray Annmarie
Seller's Agent
Teresa Scheiwe
Keller Williams Realty - Ooltewah
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$157,000
Sold Price
$157,000
Current Estimated Value
$756,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,652
Avg. Annual Appreciation
57.48%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Signature Group Inc
Bought by
Silverio Antonia and Silverio Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,466
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2012
Sold by
Firstbank
Bought by
Signature Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,466
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2009
Sold by
D & M Properties Llp
Bought by
First Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gray Brian $157,000 First Choice Title
Silverio Antonia $60,000 First Title
Signature Group Inc $237,500 None Available
First Bank $2,036,452 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Signature Group Inc $156,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $157,000 0.0% --
05/10/2022 05/10/22 For Sale $157,000 0.0% --
03/29/2022 03/29/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $157,000 -- --
Source: River Counties Association of 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 $2,689 $120,200 $0 $0
2023 $1,710 $76,025 $0 $0
2022 $392 $17,500 $0 $0
2021 $392 $17,500 $0 $0
2020 $553 $20,000 $0 $0
2019 $553 $20,000 $0 $0
2018 $553 $20,000 $0 $0
2017 $553 $20,000 $0 $0
2016 $553 $0 $0 $0
2015 $553 $20,000 $0 $0
2014 $553 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20221187

River Counties Association of REALTORS®

APN: 104A-B-001