Discover your dream homestead or development opportunity on this 7-acre parcel of level farmland, ideally located just outside Chattanooga, Tennessee. This property offers a blend of natural beauty and functional amenities, making it perfect for both agricultural pursuits and future development. Key Features: 7 acres of level farmland, providing ample space for gardening, livestock, or your custom-built home. -A pond adds charm to the landscape, offering a serene spot for relaxation. -There is a 5 stall wooden barn with a feed room, including a tack room with a wash bay.There is another small barn with a stall and feed room and a large equipment shed as well as a metal hay building all in need of repair. Whether you envision a sprawling homestead with gardens and animals or seek a strategic development opportunity in a thriving region, this property is ready to fulfill your dreams. Don't miss out on this rare chance to own a piece of beautiful farmland in Ooltewah, Tennessee! Modular home on property is a private residence and is not available to show. You must have an appointment for viewing the land as there are animals that will need to be secured for showing.
Directions: 75 North toward Knoxville, exit 11 and turn left onto Lee Hwy, right onto Mountainview rd,3rd exit onto Blanche Rd in round about, turn right onto Blanche, on the right in cul-de-sac
Price Information
Listing Price Info
Price Summary:
List Price: $700,000
Tax Information:
Annual Amount: $1,016
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ooltewah, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,165
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ooltewah Elementary School
8890 Snowy Owl Rd
Distance between this listing and this school1.17 miles
Public District Grades PK-5
8
/10
Wallace A. Smith Elementary School
6930 Hunter Rd
Distance between this listing and this school2.17 miles
Public District Grades PK-5
5
/10
Snow Hill Elementary School
9042 Career Ln
Distance between this listing and this school3.97 miles
Public District Grades PK-5
Nearby Schools
8
/10
Hunter Middle School
6810 Teal Ln
Distance between this listing and this school2.29 miles
Public District Grades 6-8
6
/10
Ooltewah Middle School
5100 Ooltewah Ringgold Rd
Distance between this listing and this school4.18 miles
Public District Grades 6-8
4
/10
Brown Middle School
5716 Highway 58
Distance between this listing and this school4.95 miles
Public District Grades 6-8
Nearby Schools
4
/10
Ooltewah High School
6123 Mountain View Rd
Distance between this listing and this school2.11 miles
Public District Grades 9-12
4
/10
Central High School
5728 Highway 58
Distance between this listing and this school4.76 miles
Public District Grades 9-12
3
/10
Hamilton County Virtual School
3074 Hickory Valley Rd
Distance between this listing and this school6.66 miles
The neighbors living near this home have an average income of $84,881. Residents of Ooltewah, TN typically earn between $35k-100k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8502 Blanche Rd
What is the listing price of this property?
The listing price of 8502 Blanche Rd property is $700,000.
What type of property is this?
The property 8502 Blanche Rd is land located in Ooltewah, Tennessee, 37363.
Is this property for sale now?
Active Listing: 8502 Blanche 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 $1,016 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8502 Blanche Rd in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This home sits on a 7.00 acre lot. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $700,000.
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. Listings spent 37 days on the market in November 2024, and had a median list price of $464,648 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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®.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Best Buy
Panera
Cracker Barrel
Texas Roadhouse
Infiniti
Lexus
Ram
Adult Hits
Oldies
Contemporary Christian