10 months on rocket

1431 Murrays Chapel Rd, Sweetwater, TN, 37874

$348,000

2.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1384566
Lot Size2.08 Acres
StatusActive

About 1431 Murrays Chapel Rd

Looking for the perfect spot to start your next business venture? Look no further than this prime piece of commercial land in Sweetwater, TN!! With 2.08+/- Acres of space and visible exposure to I-75 traffic, this location offers incredible potential for your next big idea. Located just off Exit 60 and next door to a hotel, this land offers easy access to thousands of cars that travel past it on a daily basis. Plus, with an approximate travel time of just 30 minutes to Knoxville, Cleveland, Watts Bar Lake and the Cherokee National Forest, you'll be right in the heart of everything that makes this area so great. Whether you're looking to start a restaurant, a coffee shop, car dealership, a shopping strip center or any other retail business, this location could be perfect for you. With its proximity to the new major fulfillment center, dining and shopping, you'll be at the center of all the action. There is a 3,740 +/- sq. ft. vacant building on the property that was used as a motel in the past. Seller is placing no value on the building, value is on land only. Don't miss your chance to own this amazing piece of commercial land in Sweetwater, TN!!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Experience
  • Office Phone: (423) 790-3086

Lot Features

Lot Information:

  • Lot: Cleared, Irregular Lot, Split Possible
  • Lot Size: 2.08 Acres

Other

Directions Information:

  • Directions: From Cleveland: Take I-75N, Take Exit TN-68 (Exit 60), Take a Left off Exit, Property on Right, Sign on Property (visible from I-75)

Price Information

Listing Price Info

Price Summary:

  • List Price: $348,000

Tax Information:

  • Annual Amount: $3,559
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$264K

Med. Price/SqFt

$170

Avg. Days On Market

54

# of Sold Homes

11

1431 Murrays Chapel Rd vs Sweetwater

326 DAYS ON ROCKET

+272 Days

$348,000

+$84K More

KEY TAKEAWAY

This property is $84K more than the Median Sold Price in Sweetwater, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1384566

Listing Office:

  • Office Name: RE/MAX Experience
  • Office Phone: (423) 790-3086

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: 11/21/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,559$98,320
2019$3,303$98,320
2018$3,303$98,320
2017$3,234$98,160

History based on county public records data.

Payment Calculator

$1,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,110

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NMLS#3030

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-339183
5
/10
  • Sweetwater Elementary School

  • 301 Broad St

  • 3.09 miles

  • Public District Grades 3-4

school-card-donut-339184
3
/10
  • Brown Intermediate School

  • 135 Starrett St

  • 3.74 miles

  • Public District Grades 5-6

school-card-donut-339185
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 10.22 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,088. Most Sweetwater, TN residents have annual incomes less than $35k. The most common type of family is 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 1431 Murrays Chapel Rd

What is the listing price of this property?

The listing price of 1431 Murrays Chapel Rd property is $348,000.

What type of property is this?

The property 1431 Murrays Chapel Rd is land located in Sweetwater, Tennessee, 37874.

Is this property for sale now?

Active Listing: 1431 Murrays Chapel Rd 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 $3,559 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1431 Murrays Chapel Rd is 2.08 acres.
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Rocket HomesTennesseeMonroe CountySweetwater378741431 Murrays Chapel Rd

This home is located at 1431 Murrays Chapel Rd in Sweetwater, TN and zip code 37874. This home sits on a 2.08 acre lot. It has been listed on Rocket Homes since December 31, 2023 and is currently priced at $348,000.

In October 2024, from all listings sold in Sweetwater, TN there were more than 2 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Sweetwater, TN between September 2024 and October 2024 increased by 2.7%. In October 2024 median list price was $264,000 and the average listing age was 54 days.

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

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