See Home Value
$248,000 - $302,000
Land - Off Market

1614 Read Ave

Chattanooga, TN 37408
bedrooms
Studio
bathrooms
0 Bath
Sold Jul 12, 2011
$25,000
Sold Sep 14, 2010
$260,000

About This Property

SOUTHSIDE LOT FOR SALE! This is a RARE opportunity to purchase one of the last Southside lots, just off Main Street and in the heart of Chattanooga. Level and cleared with all utilities available at the street. Zoned U-RA-3 and verbally approved for an ADU (alternative dwelling unit). This is the perfect location for your investment property or even a personal residence. Not ready to build? Buy and hold for your investment portfolio. SEWER available at the street with EPB Fiber Optics coming standard. Directly behind The Church on Main and walkable to Main Street favorites: 2 minute walk to Neidlov's, 4 minute walk to Common House, and 8 minute walk to the Chattanooga Choo Choo. Easy drive time: 3 minutes to I-24, 6 minutes to Unum, 6 minutes to UTC, and 16 minutes to Hamilton Place. (Visit https://chattanooga.gov/public-works/land-development-office/form-based-zoning for zoning information. Buyer to verify acreage. Buyer is responsible to do their due diligence to verify that ALL information is correct, accurate and for obtaining any and all restrictions for the property.)
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$561
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Feb 23, 2024 No longer available -
No longer available
Feb 4, 2024 In contract -
In contract
Sep 17, 2023 Relisted $275,000
Relisted
Sep 8, 2023 No longer available -
No longer available
Aug 23, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 520
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: FORT NEGLEY ADDN
  • Land Acres: 1
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: LTS 40 & 41 FORT NEGLEY ADDN PG 1 P G 26 REV 119-129

Ownership

  • Current Owner : R & J PROPERTIES GROUP INC
  • Previous Owner : CHIT CHATT PROPERTIES LLC
  • Owner Before Previous Owner: MULLER JOHN J
  • Owner Before Previous Owner 2: MULLER JOHN
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 002000

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MB 1 PG 26
  • District: 1
  • Parcel: 145LDH 014
  • Lot: 40&41
  • Municipality: CHATTANOOGA
  • Latitude: 35.0337
  • Longitude: -85.3054

    Address

  • Full Address: 1614 Read Ave
  • Address - House Number: 1614
  • Address - Street Name: Read
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C001
  • 4-Digit Zip Code: 1220
  • Zip Code: 37408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $280

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $50,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,500

    Sales

  • Current Sale Contract Date: Jul 08, 2011
  • Current Sale Recording Date: Jul 12, 2011
  • Current Sale Transaction ID: 1104917323
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011071200138
  • Previous Sale Recording Date: Sep 14, 2010
  • Previous Sale Contract Date: Sep 10, 2010
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
1 Bed
1.5 Baths
1,107 ft²
$253/ft²
$279,900 Jun 28, 2023
-
$65/mo
Townhouse
1 Bed
1 Bath
930 ft²
$350/ft²
$325,900 Jul 19, 2023
-
$665/mo
Condo
2 Beds
2 Baths
1,108 ft²
$294/ft²
$326,000 Jul 18, 2023
-
$498/mo
Townhouse
1 Bed
1 Bath
880 ft²
$373/ft²
$328,000 Jun 23, 2023
-
$665/mo
Townhouse
1 Bed
1 Bath
880 ft²
$373/ft²
$328,000 Jun 29, 2023
-
$665/mo

About Downtown Chattanooga


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Frequently Asked Questions

When was property at 1614 Read Avenue built and last sold?
The property at 1614 Read Avenue was built in and last sold on Jul 8, 2011 for $25,000.
How much is this home worth?
The estimated value of the home located at 1614 Read Avenue is $277,750.
What are some comparable homes to 1614 Read Avenue?
Homes that are comparable to 1614 Read Avenue include a townhouse property at 504 East Main Street, a condo property at 1445 Fagan Street, a townhouse property at 969 Montague Place.

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