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938 Lauderdale Memorial Hwy NW, Cleveland, TN, 37312

$2,300,000

136.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeFarm
WaterfrontCreek
ViewCreek/Stream, Panoramic, Pasture, Rural, Trees/Woods
MLS #1502857
Lot Size136.00 Acres
StatusActive

About 938 Lauderdale Memorial Hwy NW

Nestled in the scenic landscape of Southeast Tennessee, this stunning 136± acre farm offers a rare combination of natural beauty and convenient accessibility. Situated between the vibrant cities of Cleveland and Athens and only a mile from Interstate 75, this picturesque property provides the perfect blend of serene rural living and modern connectivity. Meandering gracefully through the property, the farm boasts over a mile of South Mouse Creek. The farm's rolling topography consists of lush, green pastures, ideal for livestock, equestrian or farming interests, while its prime location and size offer substantial potential for residential development. The highest and best use of this property will undoubtedly grow in the coming years. Whether you envision a sprawling estate with room to roam, a secluded family getaway, or a thoughtfully planned residential community, this farm provides a versatile canvas for a variety of possibilities. The combination of its natural charm, prime location, and development potential makes this property a truly unique and valuable offering in Southeast Tennessee.

Property Details

Property Features

Listing Office:

  • Office Name: The Wings Group
  • Office Phone: (423) 551-8523

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • View: Creek/Stream, Panoramic, Pasture, Rural, Trees/Woods

Lot Features

Lot Information:

  • Lot: Farm, Pasture, Rural Area, Views, Waterfront, Cleared
  • Lot Size: 136.00 Acres

Other

Directions Information:

  • Directions: From I-75 take exit 33 onto Lauderdale Memorial Hwy NW toward Charleston. Go for 1.5 miles. The property is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000

Tax Information:

  • Annual Amount: $2,566
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$319.8K

Med. Price/SqFt

$182

Avg. Days On Market

50

# of Sold Homes

96

938 Lauderdale Memorial Hwy NW vs Cleveland

40 DAYS ON ROCKET

-10 Days

$2,300,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1502857

Listing Office:

  • Office Name: The Wings Group
  • Office Phone: (423) 551-8523

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$2,566$125,150
2018$2,969$106,900
2017$2,387$106,899

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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-4346994
6
/10
  • Charleston Elementary School

  • 8797 Hiwassee St NW

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-4346995
7
/10
  • North Lee Elementary School

  • 205 Sequoia Rd NW

  • 6.02 miles

  • Public District Grades KG-5

school-card-donut-4346996
4
/10
  • E. L. Ross Elementary School

  • 4340 Mouse Creek Rd NW

  • 6.41 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,848. Most Cleveland, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Cleveland, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Cleveland, TN?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

What are the advantages of living in Cleveland, TN?

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Are essential services in Cleveland, TN convenient?

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

How do Cleveland, TN residents get around?

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

Frequently Asked Questions About 938 Lauderdale Memorial Hwy NW

What is the listing price of this property?

The listing price of 938 Lauderdale Memorial Hwy NW property is $2,300,000.

What type of property is this?

The property 938 Lauderdale Memorial Hwy NW is land located in Cleveland, Tennessee, 37312.

Is this property for sale now?

Active Listing: 938 Lauderdale Memorial Hwy NW 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 $2,566 (source: MLS/based on county public records data).

How much acreage is this property?

The property 938 Lauderdale Memorial Hwy NW is 136.00 acres.
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Rocket HomesTennesseeBradley CountyCleveland37312938 Lauderdale Memorial Hwy NW

This home is located at 938 Lauderdale Memorial Hwy NW in Cleveland, TN and zip code 37312. This home sits on a 136.00 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $2,300,000.

In November 2024 more than 21 listings in Cleveland, TN were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 61 were sold below. The number of listings in Cleveland, TN decreased by 11.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 50 days, the median list price was $319,886.

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

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