NOT LISTED FOR SALE

Estimated Value: $39,505 - $317,000

2.89 Acres
$61,376 Price per Acre
125,888 Sq Ft Lot

Last Sold January 25, 2016

Last sale price $10,500 $14 Per Sq Ft

Est. 1,589% increase in value since last sale

Current estimated payment $990/month

24 Days on Market

Highlights

  • 2.89 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of January 2016

Enjoy your own almost 3 acres only about 10.5 miles from downtown Chattanooga. This piece is wooded and has an old home on the property that has no value. This property is almost at the end of Bailey Rd and is very private. Make an offer on your new land.

Last Agent to Sell the Property

Bo Grimes

Lookout Mountain Real Estate License #GA309917 Listed on: 12/01/2015

Last Buyer's Agent

Careyee Bell

Century 21 BELLORA License #168119

Property Details

Property Type

  • Land

Lot Details

  • 2.89 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Wooded Lot

Parking

  • Driveway

Schools

  • Dade County Elementary School
  • Dade County Middle School
  • Dade County High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lusk Association

Listing and Financial Details

  • Assessor Parcel Number 056a00 002 00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.89
  • Lot Size: 2.89
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Chattanooga: Take Broad St through St Elmo and turn right on Ochs Hwy and go up Lookout. Go through one stop sign and turn right at second stop sign onto Lula Lake Rd. go about 200 feet and turn left on McFarmand Rd. Go to end of road and turn left onto GA 189/Scenic Hwy. Go about 4.7 miles to Bailey Rd on the left. Next to last property on the left.
  • Location Tax and Legal Parcel Number2: 056a00 002 00
  • Location Tax and Legal Elementary School: Dade County Elementary
  • Location Tax and Legal High School: Dade County High
  • Location Tax and Legal:Tax Annual Amount: 362.81
  • General Property Information Lot Size Acres: 2.89
  • General Property Information Lot Size Square Feet2: 125888.4
  • General Property Information Lot Size Dimensions: 2.89
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Dade County Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Lot Features Rural: Yes
  • Road Frontage Type County Road: Yes
  • Exterior Features Driveway2: Yes
  • Status Change Information Association Name 2: Lusk
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Irregular Lot, Rural, Wooded, Will Not Divide
  • View: No
  • Waterfront: No
  • Exterior Features: Driveway
  • Other Structures: None
  • Lot Features:Wooded: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Dade County Elementary
  • High School: Dade County High
  • Middle Or Junior School: Dade County Middle

Lot Info

  • Lot Size Sq Ft: 125888.4
  • Parcel #: 056a00 002 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 362.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jan 22, 2016
Sold by
Equity Trust Co Custodian
Bought by
Lusk Rebecca Lynn
Seller's Agent
Bo Grimes
Lookout Mountain Real Estate
Buyer's Agent
Careyee Bell
Century 21 BELLORA
List Price
$12,900
Sold Price
$10,500
Premium/Discount to List
-$2,400
-18.6%
Current Estimated Value
$177,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,876
Avg. Annual Appreciation
33.59%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Household Realty Corporation
Bought by
Equity Trust Co Custodian Fbo

Purchase Details

Closed on
Feb 7, 2006
Sold by
Davis Marilyn Sue
Bought by
Household Realty Corporation

Purchase Details

Closed on
Nov 12, 1997
Sold by
Bailey Alvin and Bailey Flora
Bought by
Davis Marilyn Sue

Purchase Details

Closed on
Nov 11, 1971
Sold by
Sharp F
Bought by
Bailey Alvin and Bailey Flora
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
Lusk Rebecca Lynn $10,500 --
Equity Trust Co Custodian Fbo $22,500 --
Household Realty Corporation $48,944 --
Davis Marilyn Sue -- --
Bailey Alvin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $10,500 -18.6% $14 / Sq Ft
12/25/2015 12/25/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $12,900 -- $17 / 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 $284 $12,920 $11,920 $1,000
2023 $231 $10,320 $9,320 $1,000
2022 $229 $10,320 $9,320 $1,000
2021 $172 $7,680 $6,680 $1,000
2020 $152 $6,520 $5,080 $1,440
2019 $153 $6,500 $5,080 $1,420
2018 $156 $6,500 $5,080 $1,420
2017 $101 $6,500 $5,080 $1,420
2016 $155 $6,500 $5,080 $1,420
2015 $337 $14,420 $13,000 $1,420
2014 -- $15,500 $13,000 $2,500
2013 -- $20,820 $13,000 $7,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1238076

Greater Chattanooga REALTORS®

APN: 056A00-002-00