NOT LISTED FOR SALE

Estimated Value: $256,000 - $548,000

2.08 Acres
$177,275 Price per Acre
90,605 Sq Ft Lot

Last Sold January 05, 2016

Last sale price $96,638 $19 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,234/month

45 Days on Market

Highlights

  • Lake On Lot
  • Pond
  • No HOA
  • Waterfront
  • Wooded Lot
  • Rectangular Lot

About This Lot

As of January 2016

Beautiful lake lot on Lake Shelby in Lookout Highlands with 293+/- feet of lake frontage. This lot has a dock and has water and electricity run into the area near the lake. Lookout Highlands is the largest gated community on Lookout Mountain. This rustic community has 4 stocked lakes, hiking trails, a 100+ foot step-down water fall and an 80+ foot single drop waterfall and hundreds of acres of green space. MOUNTAIN HOMES MAGAZINE named Lookout Highlands ''The Best Value In A Planned Community'' and ''The Best Of The Mountains Award''. Lookout Highlands offers a lifestyle like no other community in the area and all this is just 35 minutes from the heart of downtown Chattanooga and the magnificent river front. Enjoy fine dining at the Canyon Grill only a few miles away. All of this in the mountains less than 2 hours from Atlanta, Birmingham, Huntsville and Nashville.

Last Listed By

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 09/22/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $781

Lot Details

  • 2.08 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Rural Setting
  • Rectangular Lot
  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Schools

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

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 047 00 037 Ls9

Community Details

Overview

  • No Home Owners Association
  • Buyer Association
  • Lookout Highlands Subdivision

Recreation

  • Pond
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$781

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.08
  • Lot Size: 2.08+/- ACRES
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lookout Highlands
  • Directions: From Chattanooga: South thru St. Elmo into GA. Go south GA 193 until the intersection with GA 136. Turn right go up Lookout Mtn. at the top turn left onto GA 157. South on GA Hwy 157/ Lula Lake Road 4.5 miles to Lookout Highlands (on the right just past Canyon Ridge). From Trenton/I59: Take GA 136 East up Lookout Mtn. Go about 4 miles across the Mtn. to GA 157. Turn right and travel South on GA Hwy 157/ Lula Lake Road for 4.5 miles to Lookout Highlands, (on the right past Canyon Ridge). Gated.
  • Location Tax and Legal Parcel Number2: 047 00 037 Ls9
  • 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: 781.0
  • General Property Information Lot Size Acres: 2.08
  • General Property Information Lot Size Square Feet2: 90792.0
  • General Property Information Lot Size Dimensions: 2.08+/- ACRES
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: 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:Private Road: Yes
  • Road Surface Type Gravel2: Yes
  • Exterior Features Driveway2: Yes
  • Status Change Information Association Name 2: Buyer
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Lake On Lot, Level, Pond On Lot, Rectangular Lot, Rural, Wooded, Other, Will Not Divide
  • View: No
  • Waterfront: Yes
  • Exterior Features: Driveway
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Pond On Lot: Yes

Utilities

  • Utilities: 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: 90792.0
  • Parcel #: 047 00 037 Ls9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 781.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 1995
Sold by
Joseph Davenport
Bought by
Robinson Fred
Total Days on Market
45
Current Estimated Value
$368,732

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
Robinson Fred $27,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $96,638 -25.1% $19 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $129,000 -- $25 / 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 $2,165 $98,400 $96,000 $2,400
2023 $815 $36,400 $34,000 $2,400
2022 $764 $34,400 $32,000 $2,400
2021 $767 $34,240 $32,000 $2,240
2020 $794 $34,040 $32,000 $2,040
2019 $802 $34,040 $32,000 $2,040
2018 $817 $34,040 $32,000 $2,040
2017 $817 $34,040 $32,000 $2,040
2016 $814 $34,040 $32,000 $2,040
2015 $795 $34,040 $32,000 $2,040
2014 -- $30,040 $28,000 $2,040
2013 -- $30,040 $28,000 $2,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1234904

Greater Chattanooga REALTORS®

APN: 047-00-026-LS10