NOT LISTED FOR SALE

8231 Balata Dr Ooltewah, TN 37363

Estimated Value: $320,000 - $1,032,000

1.22 Acres
$540,630 Price per Acre
53,143 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $169,000

Est. 290% increase in value since last sale

Current estimated payment $3,706/month

68 Days on Market

Highlights

  • 1.22 Acre Lot
  • Wooded Lot
  • Views
  • Ooltewah Elementary School Rated A-
  • No HOA
  • Rectangular Lot

About This Lot

As of April 2019

Beautiful brow lot located in Mountain Lake Estates on 1.25 acres with spectacular east and west views. One of the best brow lots available with some of the most usable land to the west in the upscale, gated community of Ooltewah, Tennessee. Close proximity to I-75 with easy access to the airport, downtown Chattanooga, Hamilton Place mall, Cambridge Square and the world-renowned Honors Course. The community offers stately homes, aTuscan-style clubhouse, pool, walking nature trails, and 24-hour gated security. Architect-designed house plans also available with the purchase.

Last Agent to Sell the Property

Sandy Poe

AllianceSotheby'sInternational License #259494 Listed on: 01/12/2019

AllianceSotheby'sInternational

Last Buyer's Agent

Katherine Smith

Keller Williams Realty License #294185

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $716

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 176.2x314.20
  • Rectangular Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Ooltewah Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 123c B 043

Community Details

Overview

  • No Home Owners Association
  • Scheck Association
  • Mountain Lake Ests Subdivision

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$716

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.22
  • Lot Size: 176.2X314.20
  • Road Surface Type: Paved
  • Subdivision Name: Mountain Lake Ests
  • Directions: From I 75 North take Exit 11 (Ooltewah). Turn Left at the end of the ramp onto Lee Hwy. Follow until Lee Hwy dead-ends into Hunter Rd/Mountain View Rd. Turn Right and follow Mountain View Rd 2.8 miles. Turn Right onto Ooltewah-Georgetown Pike and take the bridge over the interstate making the 1st Left onto Sylar Rd. Stay straight and Sylar Rd becomes Mountain Lake Rd then Mountain Lake Dr. Go through the gate and turn Right onto Balata Dr. The lot is across the street from 8204 Balata Dr.
  • Location Tax and Legal Parcel Number2: 123c B 043
  • Location Tax and Legal Elementary School: Ooltewah Elementary
  • Location Tax and Legal High School: Ooltewah
  • Location Tax and Legal:Tax Annual Amount: 715.5
  • General Property Information Lot Size Acres: 1.22
  • General Property Information Lot Size Square Feet2: 53143.2
  • General Property Information Lot Size Dimensions: 176.2X314.20
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Ooltewah Middle
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Lot Features Partially Cleared: Yes
  • Status Change Information Association Name 2: Scheck
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Community Features:Curbs: Yes

Exterior Features

  • Lot Features: Brow Lot, Rectangular Lot, Wooded, Partially Cleared, Will Not Divide
  • View: Other
  • View: Yes
  • Waterfront: No
  • Exterior Features: Rain Gutters
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Rain Gutters: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ooltewah Elementary
  • High School: Ooltewah
  • Middle Or Junior School: Ooltewah Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 53143.2
  • Parcel #: 123c B 043
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 715.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Apr 5, 2019
Sold by
Herman Michael and Herman Lynne
Bought by
Scheck Kevin and Scheck Carolyn
Seller's Agent
Sandy Poe
AllianceSotheby'sInternational
Buyer's Agent
Katherine Smith
Keller Williams Realty
List Price
$185,000
Sold Price
$169,000
Premium/Discount to List
-$16,000
-8.65%
Current Estimated Value
$659,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,568
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 12, 2010
Sold by
Mountain Lake Estates Llc
Bought by
Herman Michael and Herman Lynne
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
Scheck Kevin $169,000 None Available
Herman Michael $169,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $169,000 -8.6% --
03/21/2019 03/21/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $185,000 -- --
Source: Greater Chattanooga REALTORS®

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 $755 $33,750 $0 $0
2023 $755 $33,750 $0 $0
2022 $755 $33,750 $0 $0
2021 $755 $33,750 $0 $0
2020 $716 $25,875 $0 $0
2019 $716 $25,875 $0 $0
2018 $716 $25,875 $0 $0
2017 $716 $25,875 $0 $0
2016 $716 $0 $0 $0
2015 $716 $25,875 $0 $0
2014 $716 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Poe

    Seller's Agent in 2019

    Sandy Poe

    AllianceSotheby'sInternational

    (865) 207-0004

    103 Total Sales

    Sandy Poe
    Section Image
  • Katherine Smith

    Buyer's Agent in 2019

    Katherine Smith

    Keller Williams Realty

    (423) 228-0229

    5 in this area

    320 Total Sales

    Katherine Smith
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1293042

Greater Chattanooga REALTORS®

APN: 123C-B-043

Tennessee Hamilton County Ooltewah 37363

8231 Balata Dr, Ooltewah, TN

This home is located at 8231 Balata Dr, Ooltewah, TN 37363 since 12 January 2019 and is currently estimated at $659,568. 8231 Balata Dr is a home located in Hamilton County with nearby schools including Ooltewah Elementary School, Hunter Middle School, and Ooltewah High School.

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