$200,000
$200,000
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1.73 Acres Lot
SOLD DATE : 09/12/2023
Key Details
Sold Price $200,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision City East Ridge
MLS Listing ID 1373472
Sold Date 09/12/23
Originating Board Greater Chattanooga REALTORS®
Lot Size 1.730 Acres
Acres 1.73
Lot Dimensions 78X320 & 60X325.49
Property Description
If you're looking for a building spot that's convenient to everything, this may be what you're looking for. This 1.7 acre parcel is two parcels combined into one. Located in the city of East Ridge, all utilities are at the road. This property is currently in the process of rezoning. It is currently zoned R-1, but the city is considering it for rezoning to RT-1. All related information will be changed in the MLS once the decision is made. The second photo (also in the ''Docs'' section) is a proposed layout, which would apply upon rezoning approval. If the buyer is financing, the price is $200,000. If the buyer is paying cash, the price is $175,000. The seller is offering financing. For 6% down due at closing of the sale of the land, the seller is willing to postpone buyer's payment until after the completion of the build. There is no time-limit for the build, however, after one year 6% interest is incurred. Buyer to verify any and all information deemed important.
Location
State TN
County Hamilton
Area 1.73
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Garage No
Building
Lot Description Flag Lot, Irregular Lot, Sloped, Will Not Divide
Faces From Food City (3636 Ringgold Road, Chattannoga, TN), turn left out of the parking lot onto Hwy 41. Make a right onto Donaldson Road. Stay on Donaldson Road. The property is on the left.
Additional Building None
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156l C 013 & 156l C 012.01
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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