5808 Club House Dr Chattanooga, TN 37416
Estimated Value: $3,666,095
Highlights
- Water Views
- Wooded Lot
- Paved or Partially Paved Lot
- 147.3 Acre Lot
- No HOA
- No Heating
About This Lot
As of March 2024Incredible investment & development opportunity offered here is 147 acres of picturesque rolling landscape atop several distinct bluffs overlooking Chickamauga Lake and Harrison Bay within the exclusive residential community of Eagle Bluff Subdivision. The 147 acres are located approx 15 min from downtown Chattanooga, TN MSA. The present land owner utilized this beautiful acreage with its improvements for a golf business that has been shut down. This is a great opportunity to turn this beautiful property into something amazing! Property features an approx 4,878 sq ft clubhouse with equipment setup for full service restaurant & bar, two additional warehouse-storage buildings together totaling approx 10,900 sq ft , a driving range,and an in-ground pool w/ pool house. The 147 acres are centered in a prestigious neighborhood of approx 200+ homes that range from 500k up to 1M+ in price with a mixture of established and new construction single family homes with recent new construction and development going on currently within the community. Continue as a golf course and improve OR subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. Majority of acreage is Zoned Residential ***Caveat Emptor, let the buyer beware!!*** It is the buyer's responsibility to complete all due diligence to verify any/ all buyer pertinent information including but not limited to zoning, surveying of property, soil mapping, utilities, easements, permits, covenants/ restrictions etc.*** **The Licensee has personal interest in this property. The ideas for this property are endless!! Call today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,915
Year Built
- 1996
Lot Details
- 147.3 Acre Lot
- Property fronts a county road
- Paved or Partially Paved Lot
- Wooded Lot
Property Views
- Water Views
Schools
- Harrison Elementary School
- Brown Middle School
- Central High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 102P A 001.01
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Investment Professionals Llc | $1,575,000 | First Title | |
| Luken Henry G | $1,425,000 | Title Guaranty & Trust | |
| Schmitt Construction Llc | -- | Preferred | |
| Larry Schmitt Construction Inc | $60,000 | None Available | |
| Allen George David | -- | Title Guaranty & Trust Co | |
| Eagle Bluff Properties Llc | $50,000 | Title Escrow Of Chatt Inc | |
| U S Small Business Administration | $1,360,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Investment Professionals Llc | $2,217,526 | |
| Previous Owner | Luken Henry G | $900,000 | |
| Previous Owner | Larry Schmitt Construction Inc | $30,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $1,575,000 | -10.0% | -- |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 08/24/2022 08/24/22 | For Sale | $1,750,000 | -- | -- |
Tax History Compared to Growth
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 | $12,821 | $573,055 | $0 | $0 |
| 2023 | $13,493 | $573,055 | $0 | $0 |
| 2022 | $13,549 | $573,055 | $0 | $0 |
| 2021 | $13,549 | $573,055 | $0 | $0 |
| 2020 | $17,791 | $617,420 | $0 | $0 |
| 2019 | $17,791 | $617,420 | $0 | $0 |
| 2018 | $17,789 | $617,420 | $0 | $0 |
| 2017 | $17,789 | $617,420 | $0 | $0 |
| 2016 | $17,789 | $0 | $0 | $0 |
| 2015 | $19,727 | $687,480 | $0 | $0 |
| 2014 | $19,727 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2717001
APN: 102P-A-001.01
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