NOT LISTED FOR SALE

961 Ashland Terrace Chattanooga, TN 37415

Estimated Value: $99,000

1.1 Acres
$90,000 Price per Acre
47,916 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $30,000

Est. 230% increase in value since last sale

Current estimated payment $552/month

49 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • No Heating
  • Wooded Lot
  • Paved or Partially Paved Lot

About This Lot

As of September 2023

Exceptional real estate opportunity for investors or developers. This 1.1 acre lot is situated in a prime location and offers zoning for townhomes, multifamily residences or even commercial office space. This property is perfect for a developer looking to create a residential community of townhomes or multifamily. Zoning permits for up to 10 townhomes. For commercial developers this lot is situated in a prime location with easy access to Hixson Pike in 1 minute or Dayton Blvd in 2 minutes. Highly visible location across from Walmart with over 220 feet of frontage on Ashland Terrace. Over 17,000 cars per day per TDOT. This listing is an assemblage of two lots under the same ownership. 961 is Chattanooga zoning R4. 955 Ashland is Chattanooga zoning RT1. Land is sloped at the front and levels off in the back. The land is not cleared. Sewer, water, electrical, gas is all at the street. Don't miss out on this exceptional opportunity to develop a prime piece of real estate. Sign on Property go and show. Information is deemed reliable but not guaranteed. Buyers should verify any information that is important to them. Co listing agent related to seller.

Last Agent to Sell the Property

Elizabeth Ehly

Tyler York Real Estate Brokers, LLC License #370616 Listed on: 04/27/2023

Co-Listed By

Rebecca Cole

Tyler York Real Estate Brokers, LLC License #330274

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $561

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 121x229x190x203
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

Schools

  • Dupont Elementary School
  • Red Bank Middle School
  • Red Bank High School

Community Details

  • No Home Owners Association
  • Highland Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109N J 025

Property Details

Property Type

Land

Est. Annual Taxes

$561

Lot Details

0

Listing Details

  • Prop. Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: SLOPE,WOOD,OTHER
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Unimproved
  • Lot Features: Sloped, Wooded, Other
  • Lot Size Acres: 1.1
  • Lot Size: 121x229x190x203
  • Lot Size Units: Acres
  • Parcel #: 109N J 025
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 561

MLS Schools

  • Elementary School: DuPont Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
The Cole Construction Company Llc
Bought by
Rhino Capital Llc
Current Estimated Value
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,389
Outstanding Balance
$217,190
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Dec 11, 2019
Sold by
Cole Construction Llc
Bought by
Cole Construction Company Llc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Pickrell Bobby E
Bought by
Markham William L
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
Rhino Capital Llc -- None Available
Cole Construction Company Llc -- First Title
Markham William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhino Capital Llc $244,389
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $30,000 -69.7% --
06/15/2023 06/15/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $99,000 -- --
Source: Realtracs

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 $195 $8,720 $0 $0
2023 $195 $8,720 $0 $0
2022 $195 $8,720 $0 $0
2021 $195 $8,720 $0 $0
2020 $183 $3,400 $0 $0
2019 $94 $3,400 $0 $0
2018 $150 $6,600 $0 $0
2017 $183 $6,600 $0 $0
2016 $149 $0 $0 $0
2015 $274 $5,400 $0 $0
2014 $274 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2714455

Realtracs

APN: 109N-J-025.03