503 Battery Place, Chattanooga, TN 37403 (MLS# 1297544)

503 Battery Place, Chattanooga, TN 37403

$1,000,000

Property Type: Land Lot Size (sq. ft.): 40,511 Status: Closed

Current Price: $1,000,000 List Date: 6/04/2020 Last Modified: 9/09/2024

Overview

Description

REDUCED AND READY TO SELL! Current home has endless potential to make this a stunning river front estate. RARE opportunity for downtown RIVERFRONT land! Located in the prestigious Battery Place community, this lot is already zoned R-3, making it a FANTASTIC development opportunity. 145 feet of river frontage. Fronting the Tennessee River on one side and the Riverwalk on the other, this creates the perfect environment for downtown development. Sitting high above the river at the end of Battery Place, the views of downtown, the mountains, and the river are BREATH TAKING. Short walk to the Bluff View Art District, North Shore, and Downtown. One of the LAST downtown riverfront pieces available!

Listing Details MLS# 1297544

General Property Information

Lot Size Acres: 0.93
Lot Size Square Feet: 40510.8
Lot Size Dimensions: 304x145
Association YN: No
View YN: Yes
Waterfront YN: Yes
Flood Zone YN: Partial
List Price/Acre: 1612903.23
Sold Price/Acre: 1075268.82

Property Features

Exterior Features: Driveway Listing Terms: Cash; Conventional Lot Features: Partially Cleared; Rectangular Lot; Will Not Divide; Other Other Structures: Residence Possession: Close Of Escrow Possible Use: Multi-Family; Single Family Road Frontage Type: City Street Road Surface Type: Paved Special Listing Conditions: Trust Utilities: Electricity Available; Sewer Available; Water Available View: Water; Other Water Source: Public Lock Box Type: None Documents: Legal Description

Contract Information

Listing Contract Date: 2019-04-08
Auction YN: No
Property Sub Type: Unimproved Land
Office Exclusive: No

Location Tax and Legal

Street Number: 503
Street Name: Battery
Street Suffix: Place
County: Hamilton
State: TN
Postal Code: 37403
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: REDUCED AND READY TO SELL! Current home has endless potential to make this a stunning river front estate. RARE opportunity for downtown RIVERFRONT land! Located in the prestigious Battery Place community, this lot is already zoned R-3, making it a FANTASTIC development opportunity. 145 feet of river frontage. Fronting the Tennessee River on one side and the Riverwalk on the other, this creates the perfect environment for downtown development. Sitting high above the river at the end of Battery Place, the views of downtown, the mountains, and the river are BREATH TAKING. Short walk to the Bluff View Art District, North Shore, and Downtown. One of the LAST downtown riverfront pieces available!
Directions: From the Southside, take Market Street to turn right onto King Street. Turn right onto E. MLK Blvd. Turn left onto Douglas Street. Turn left onto Mabel Street and left onto Battery Place. Destination is on your right.

Status Change Information

Major Change Timestamp: 2020-06-19T21:22:34Z
Major Change Type: Status Change
Price Change Timestamp: 2019-08-07T17:56:09Z
Status Change Timestamp: 2020-06-19
Under Contract Date: 2020-06-10
Close Date: 2020-06-19
Close Price: 1000000

More Information

License Number Info

Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 321895
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 259794
Co-Listing Agent's State of Licensure: TN
Co-Listing Agent's License Number: 320892
Co-Listing Office State of Licensure: TN
Co-Listing Office License Number: 259794

Historical Information

Public Historical Remarks 1: Owner Pays: Will Not Divide.

Location, Tax, and Legal

Parcel Number: 135m L 012
Elementary School: Brown Academy
Middle Or Junior School: Orchard Knob Middle
High School: Howard School of Academics & Tech
Tax Annual Amount: 9370.93
Tax Legal Description: LTS 6,7,10&11 PT 8&9 RIVERSIDE DIVI SION PB2 PG45
Deed Book: 2364
Deed Page: 943

Exterior Features

Driveway: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Partially Cleared: Yes
Rectangular Lot: Yes
Will Not Divide: Yes
Other: Yes

Other Structures

Residence: Yes

Possession

Close Of Escrow: Yes

Possible Use

Multi-Family: Yes
Single Family: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Special Listing Conditions

Trust: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Water: Yes
Other: Yes

Water Source

Public: Yes

Lock Box Type

None: Yes

Documents

Legal Description: Yes

Listing Office: Keller Williams Realty

Last Updated: September - 09 - 2024

Information deemed reliable but not guaranteed.