7531 Pinewood Drive, Chattanooga, TN 37421
$2,900,000
Property Type:
Land
Lot Size (sq. ft.):
805,860
Status:
Closed
Current Price:
$2,900,000
List Date:
1/13/2021
Last Modified:
1/18/2025
Description
18.5 acres located less than a mile from Hamilton Place Mall. All utilities are available at the property including sewer. The property is currently zoned R-1 but adjoins R-3 and R-T1 zoned properties. This location is perfect for a new residential community.
More Information MLS# 1329477
Contract Information
Auction YN: No
Office Exclusive: No
Current Price: $2,900,000
Status: Closed
Listing Contract Date: 2021-01-12
Sold Price: $2,900,000
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Parcel Number: 149c A 009
Elementary School: Bess T. Shepherd Elementary
Middle Or Junior School: Ooltewah Middle
High School: Ooltewah
Tax Annual Amount: 3998.46
Tax Legal Description: NW 1/4 SEC 1 TWP 2 R3
Deed Book: 822
Deed Page: 689
Additional Parcels YN: No
Zoning: R-1
Zoning Description: Single-Family Residential District
General Property Information
Lot Size Acres: 18.5
Lot Size Square Feet: 805860
Lot Size Dimensions: 1030X200
Association YN: No
Senior Community YN: No
View YN: No
Waterfront YN: No
Flood Zone YN: No
List Price/Acre: 156756.76
Sold Price/Acre: 156756.76
Remarks and Miscellaneous
Public Remarks: 18.5 acres located less than a mile from Hamilton Place Mall. All utilities are available at the property including sewer. The property is currently zoned R-1 but adjoins R-3 and R-T1 zoned properties. This location is perfect for a new residential community.
Directions: From downtown Chattanooga, take I-24 E then merge on to I-75 N. Take Shallowford Road E exit (exit 5) toward Ouleard/Hamilton Place. Merge on to Shallowford Rd and take a left on to Gunbarrel Rd. Turn right on to Pinewood Dr, destination is on the left.
Status Change Information
Status Change Timestamp: 2025-01-18
Major Change Timestamp: 2025-01-18T23:33:38Z
Major Change Type: Status Change
Under Contract Date: 2021-01-26
Close Date: 2022-03-07
Close Price: 2900000
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Irregular Lot: 1
Level: 1
Will Not Divide: 1
Wooded: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
License Number Info
Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 290289
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 263538
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: Will Not Divide.
Location Tax and Legal
Street Number: 7531
Street Name: Pinewood
Street Suffix: Drive
County: Hamilton
State: TN
Postal Code: 37421
Subdivision Name: Varnell Farms
Property Features
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Irregular Lot; Level; Will Not Divide; Wooded
Other Structures: None
Possession: Close Of Escrow
Possible Use: Single Family
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Electricity Available; Natural Gas Available
Lock Box Type: None
Listing Office:
Merchant Real Estate Group
Last Updated: January - 18 - 2025
Information deemed reliable but not guaranteed.