10 months on rocket

7631 Mahan Gap Rd, Ooltewah, TN, 37363

$1,875,000

20.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewCreek/Stream, Other
MLS #1386331
Lot Size20.00 Acres
StatusActive

About 7631 Mahan Gap Rd

Available for sale for the first time in over 50 years since 1967! +/_ 20 acres of pristine, gently rolling/ level land PRIME for development OR personal use. Where what is thought to be 'The Original Snow Hill' that the Snow Hill area was named after, sits a brick ranch home over a basement that can be used as a home base for a new, premier Chattanooga/Ooltewah area subdivision. Or it could serve as the perfect location for a home which commands beautiful views in every direction. Property offers approx. 785 ft of road frontage with tree-line for privacy. Perfect for horses. Call today to see this truly special property with vast amounts of potential!

Property Details

Property Features

Listing Office:

  • Office Name: Bender Realty
  • Office Phone: (423) 472-2173

Exterior Features

Exterior Information:

  • View: Creek/Stream, Other
  • Exterior: Gutters, Fence

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot, Rural Area, Sloped, Wooded, Cleared
  • Lot Size: 20.00 Acres

Other

Directions Information:

  • Directions: I-75N to Exit 11. Left onto US-11/US-64. Right onto Mountain View Rd. Through Round-about onto Ooltewah-Georgetown Road. Left onto Mahan Gap. Property on Right - SOP.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000

Tax Information:

  • Annual Amount: $1,009
  • 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

7631 Mahan Gap Rd vs Ooltewah

316 DAYS ON ROCKET

+279 Days

$1,875,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M 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: #1386331

Listing Office:

  • Office Name: Bender Realty
  • Office Phone: (423) 472-2173

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: 12/18/2024, 12:21:10 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$1,009$36,175
2019$1,009$36,175
2017$1,009$36,175

History based on county public records data.

Payment Calculator

$9,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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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-4516126
5
/10
  • Snow Hill Elementary School

  • 9042 Career Ln

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4516127
7
/10
  • Ooltewah Elementary School

  • 8890 Snowy Owl Rd

  • 3.73 miles

  • Public District Grades PK-5

school-card-donut-4516128
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 4.96 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,955. The most common annual income of people living in Ooltewah, TN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7631 Mahan Gap Rd

What is the listing price of this property?

The listing price of 7631 Mahan Gap Rd property is $1,875,000.

What type of property is this?

The property 7631 Mahan Gap Rd is land located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Active Listing: 7631 Mahan Gap 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 $1,009 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7631 Mahan Gap Rd is 20.00 acres.
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Rocket HomesTennesseeHamilton CountyOoltewah373637631 Mahan Gap Rd

This home is located at 7631 Mahan Gap Rd in Ooltewah, TN and zip code 37363 in the Birchwood neighborhood. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $1,875,000.

In November 2024 more than 23 listings in Ooltewah, TN were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 52 were sold below. In November 2024 in Ooltewah, TN there were 16.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $464,648, while the average time on the real estate market was 37 days.

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

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