1001 Reads Lake Road, Chattanooga, TN 37415
$1,525,000
Property Type:
Land
Lot Size (sq. ft.):
1,293,732
Status:
Closed
Current Price:
$1,525,000
List Date:
5/18/2018
Last Modified:
9/09/2024
Description
Developer's welcome. Property would make a great spot for a school, church, grand estate or potential development. The Quarry was previously a golf course off of Mountain Creek Rd at the foot of Signal Mountain. It has been divided, but listing currently includes the club house, 6 holes, ponds and 56 +/-acres. The clubhouse is currently being utilized by the owner for his technology oriented marketing business. Great investment or development potential. Additional storage buildings on property. Buyer to verify zoning for their purposes.
More Information MLS# 1280331
Contract Information
Auction YN: No
Office Exclusive: No
Current Price: $1,525,000
Status: Closed
Listing Contract Date: 2018-04-25
Sold Price: $1,525,000
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Parcel Number: 108d A 002
Elementary School: Red Bank Elementary
Middle Or Junior School: Red Bank Middle
High School: Red Bank High School
Tax Annual Amount: 23748.76
Tax Legal Description: WEST OF MOUNTAIN CREEK RD
Deed Book: 3750
Deed Page: 55
General Property Information
Lot Size Acres: 29.7
Lot Size Square Feet: 1293732
Lot Size Dimensions: 56
Association YN: No
View YN: No
Waterfront YN: No
Flood Zone YN: Partial
List Price/Acre: 51346.8
Sold Price/Acre: 51346.8
Remarks and Miscellaneous
Public Remarks: Developer's welcome. Property would make a great spot for a school, church, grand estate or potential development. The Quarry was previously a golf course off of Mountain Creek Rd at the foot of Signal Mountain. It has been divided, but listing currently includes the club house, 6 holes, ponds and 56 +/-acres. The clubhouse is currently being utilized by the owner for his technology oriented marketing business. Great investment or development potential. Additional storage buildings on property. Buyer to verify zoning for their purposes.
Directions: Signal Mountain Blvd to Mountain Creek Rd. Straight at Morrison Springs thru intersection, Left on Reads Lake. Property is on left. Or 27 to Morrison Springs Rd Exit. Left towards Signal Mountain, Right on Mountain Creek Rd. Property is on the left.
Status Change Information
Status Change Timestamp: 2018-05-18
Major Change Timestamp: 2018-05-18T17:33:08Z
Major Change Type: Status Change
Price Change Timestamp: 2018-05-18T17:30:41Z
Under Contract Date: 2018-04-26
Close Date: 2018-05-18
Close Price: 1525000
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Irregular Lot: 1
Level: 1
Partially Cleared: 1
Pond on Lot: 1
Sloped: 1
Will Not Divide: 1
Wooded: 1
Other Structures
Storage: 1
Possession
Negotiable: 1
Possible Use
Commercial: 1
Multi-Family: 1
Single Family: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Utilities
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Water Available: 1
License Number Info
Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 255994
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 259794
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: Will Not Divide. Structures: Cabin/Lodge.
Location Tax and Legal
Street Number: 1001
Street Name: Reads Lake
Street Suffix: Road
County: Hamilton
State: TN
Postal Code: 37415
Subdivision Name: None
Property Features
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Irregular Lot; Level; Partially Cleared; Pond on Lot; Sloped; Will Not Divide; Wooded
Other Structures: Storage
Possession: Negotiable
Possible Use: Commercial; Multi-Family; Single Family
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Cable Available; Electricity Available; Phone Available; Water Available
Lock Box Type: None
Listing Office:
Keller Williams Realty
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.