3 months on rocket

7118 Garfield Rd, Harrison, TN, 37341

$1,125,000

48.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewMountain(s), Rural
MLS #1500166
Lot Size48.00 Acres
StatusActive

About 7118 Garfield Rd

Prime 48+ Acre Investment Opportunity in Harrison, TN! Located in the heart of Harrison, TN, this 48+ acre parcel offers a prime investment opportunity for developers or buyers seeking a private estate. Just minutes from Ooltewah and Chattanooga, this property is perfectly positioned in a rapidly growing area with increasing demand for residential properties. Harrison and Ooltewah are booming, with proximity to the Volkswagen Plant and Amazon Distribution Center and convenient access to shopping, dining, and recreation at Cambridge Square and Harrison Bay. Please note that the property is septic, with no current sewer lines available. Additionally, there is an opportunity to purchase more road frontage for expanded development potential. This land offers exceptional potential for a new subdivision or a private retreat. Act quickly—contact us today for more details!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

Exterior Features

Exterior Information:

  • View: Mountain(s), Rural

Lot Features

Lot Information:

  • Lot: Agricultural, Gentle Sloping, Level, Private, Subdivision
  • Lot Size: 48.00 Acres

Other

Directions Information:

  • Directions: From US-11 N/US-64 E. Turn right onto US-11 N/US-64 E. Turn left onto Standifer Gap Rd. Continue on Hickory Valley Rd to Harrison. Keep straight on Harrison Ooltewah Rd. Turn right onto Harrison Ooltewah Rd. Turn left onto Garfield Rd. The property is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000

Tax Information:

  • Annual Amount: $442
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$464.6K

Med. Price/SqFt

$201

Avg. Days On Market

37

# of Sold Homes

100

7118 Garfield Rd vs Ooltewah

90 DAYS ON ROCKET

+53 Days

$1,125,000

+$660.3K More

KEY TAKEAWAY

This property is $660.3K more than the Median Sold Price in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1500166

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

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: 12/17/2024, 11:51:07 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$442$15,675
2019$442$15,675
2017$442$15,675

History based on county public records data.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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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-4359738
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 1.14 miles

  • Public District Grades PK-5

school-card-donut-4359739
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 1.73 miles

  • Public District Grades PK-5

school-card-donut-4359740
4
/10
  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 4.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,534. Residents of Ooltewah, TN typically earn between $35k-100k each year. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7118 Garfield Rd

What is the listing price of this property?

The listing price of 7118 Garfield Rd property is $1,125,000.

What type of property is this?

The property 7118 Garfield Rd is land located in Harrison, Tennessee, 37341.

Is this property for sale now?

Active Listing: 7118 Garfield 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 $442 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7118 Garfield Rd is 48.00 acres.
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Rocket HomesTennesseeHamilton CountyOoltewah373417118 Garfield Rd

This home is located at 7118 Garfield Rd in Harrison, TN and zip code 37341 in the Ooltewah / Summit neighborhood. This home sits on a 48.00 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,125,000.

Over 23 listings were sold over their listed price in November 2024 in Ooltewah, TN. In the same period over 52 listings were sold below the listed price and 25 listings were sold for the listed price. In November 2024 in Ooltewah, TN there were 16.1% less homes for sale than in October 2024. In November 2024 median list price was $464,648 and the average listing age was 37 days.

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

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