2 months on rocket

123 Madison Dr, Dunlap, TN, 37327

$1,800,000

91.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeFarm
WaterfrontCreek, Lake Front, Pond
ViewCreek/Stream, Forest, Hills, Lake, Mountain(s), Pasture, Pond, Skyline, Trees/Woods, Valley, Water
MLS #1500048
Lot Size91.00 Acres
StatusActive

About 123 Madison Dr

Owner Agent This property was a former golf course and the parcel will show as 95 acres but 4 acres is not being sold. Property is lake front on Spring Lake and has a bath house as well as a pump station for irrigation and underground storm water drainage system. The property includes miles of paved cart path with great views and 3/4 miles of road frontage on two state highways which also offers commercial opportunities. Perfect for a subdivision, rv park, homestead, or a private getaway. Lots of private areas to build without neighbors close by with good road access and utilities are on most of the property. Additional land and buildings are also available. The land has no zoning or restrictions. Owner would consider owner financing with $800k down.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 519-5113

Exterior Features

Exterior Information:

  • Waterfront: Creek, Lake Front, Pond
  • View: Creek/Stream, Forest, Hills, Lake, Mountain(s), Pasture, Pond, Skyline, Trees/Woods, Valley, Water
  • Exterior: Gate

Lot Features

Lot Information:

  • Lot: Agricultural, Paved, Pond On Lot, Private, Rolling/Hilly, Secluded, Sprinklers In Front, Sprinklers In Rear, Views, Waterfall, Waterfront, Cleared, Split Possible
  • Lot Size: 91.00 Acres

Other

Directions Information:

  • Directions: From Chattanooga take US 27 to highway 111. Take US 111 to US 127 and turn right and property is 4 miles on left. It is the old Mt Airy Golf course.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $4,437
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dunlap, TN.

Med. Sold Price

$296K

Med. Price/SqFt

$196

Avg. Days On Market

48

# of Sold Homes

15

123 Madison Dr vs Dunlap

68 DAYS ON ROCKET

+20 Days

$1,800,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Dunlap, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1500048

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 519-5113

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2017Home Sold
$275,000
Jun 18, 2008Home Sold
$400,000
May 09, 2006Home Sold
$350,000
May 09, 2006Home Sold
$815,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,437$181,680
2019$4,437$181,680
2018$4,437$181,680
2017$4,110$181,680

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-974978
5
/10
  • Griffith Elementary School

  • 173 Jones Dr

  • 6.42 miles

  • Public District Grades PK-4

school-card-donut-974979
4
/10
  • Pikeville Elementary School

  • 41068 Sr 30

  • 13.52 miles

  • Public District Grades PK-5

school-card-donut-974980
7
/10
  • North Hamilton County Elementary School

  • 601 Industrial Blvd

  • 13.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,081. The majority of Dunlap, TN residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Madison Dr

What is the listing price of this property?

The listing price of 123 Madison Dr property is $1,800,000.

What type of property is this?

The property 123 Madison Dr is land located in Dunlap, Tennessee, 37327.

Is this property for sale now?

Active Listing: 123 Madison Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2017 for $275,000. (source: MLS/tax record).

How much acreage is this property?

The property 123 Madison Dr is 91.00 acres.
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Rocket HomesTennesseeSequatchie CountyDunlap37327123 Madison Dr

This home is located at 123 Madison Dr in Dunlap, TN and zip code 37327. This home sits on a 91.00 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,800,000.

Dunlap, TN housing market in October 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 11 sold below. In October 2024 in Dunlap, TN there were 0.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 48 days, the median list price was $296,000.

From Rocket Homes Real Estate and based on county public records data.

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