5 months on rocket

LOT3 Grayson Way, Signal Mountain, TN, 37377

$65,000

0.40 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ViewTrees/Woods
MLS #1383188
Lot Size0.40 Acres
StatusActive

About LOT3 Grayson Way

BUILD ON SIGNAL MOUNTAIN! Choose one of seven newly-platted lots conveniently situated on the outskirts of the quiet, friendly Fairmount community and become a part of the highly sought-after Signal Mountain lifestyle. Each lot is bordered by a peaceful woodland setting, offering an incredible opportunity to customize the best of Signal Mountain living. Lot 3 is approved for 3 bedrooms, using a conventional septic system. Build your dream home on this private .40-acre lot (marked Lot #3 on map), 90 feet of road frontage, over 190 feet deep, with easy road access. Seller is a licensed building contractor and willing to discuss the possibility of building a custom home. You don't have to give up convenience to enjoy this tranquil Sequatchie County setting, this homesite is situated one minute from US 127- Taft Hwy, 2 minutes from Corral Road, and 25 minutes from Downtown Chattanooga. County taxes ONLY, and NO STATE INCOME TAX in Tennessee! Grayson Way puts the best of Tennessee at your fingertips! Enjoy Signal's numerous nearby hiking trails, including breathtaking Signal Point and beautiful Rainbow Lake with its refreshing falls. Plug into the tight knit community through the Signal Mountain Community Playhouse, Signal Mountain Country Club, community pool, tennis courts, and ball fields, and--every family's favorite--the Pumpkin Patch playground. Enjoy reliving history with a bicycle ride through historic Old Towne with the trolley tracks still embedded, then stroll through Signal's charming boutiques, visit the Apple Orchard for fresh cider, or indulge in excellent fare at the Bread Basket Bakery or one of the charming locally-owned restaurants or coffee shops. Experience the unique balance of scenic mountain living, with urban conveniences within easy reach. Experience for yourself what makes Signal Mountain living so extraordinary!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.40 Acres

School Info

Assigned Schools Information:

  • Sequatchie County High School, Public District Grades 9-12
  • Sequatchie County Middle School, Public District Grades 5-8
  • Griffith Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Downtown Chattanooga: Take US 27 N. Exit toward Signal Mountain/ US 127 N. Take US 127 N up the mountain. At the stoplight, continue straight for 7 miles. Turn left onto Grayson Way. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
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Housing Market Comparison

See how this home compares to others in Signal Mountain, TN.

Med. Sold Price

$650K

Med. Price/SqFt

$234

Avg. Days On Market

113

# of Sold Homes

15

LOT3 Grayson Way vs Signal Mountain

164 DAYS ON ROCKET

+51 Days

$65,000

-$585K Less

KEY TAKEAWAY

This property is $585K less than the Median Sold Price in Signal Mountain, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1383188

Listing Office:

  • Office Name: Keller Williams Realty

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: 5/4/2024, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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.

Elementary School

school-card-donut-5822499
5
/10
  • Griffith Elementary School

  • 173 Jones Dr

  • 11.92 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5822500
4
/10
  • Sequatchie County Middle School

  • 7079 State Route 28

  • 11.80 miles

  • Public District Grades 5-8

High School

school-card-donut-5822501
5
/10
  • Sequatchie County High School

  • 523 Highway 28

  • 20.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,926. Residents of Signal Mountain, TN typically earn less than $35k each year. Residents typically live in married, no kids family. 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 LOT3 Grayson Way

What is the listing price of this property?

The listing price of LOT3 Grayson Way property is $65,000.

What type of property is this?

The property LOT3 Grayson Way is land located in Signal Mountain, Tennessee, 37377.

Is this property for sale now?

Active Listing: LOT3 Grayson Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for LOT3 Grayson Way are:
Griffith Elementary School: GreatSchools Rating 5/10
Sequatchie County Middle School: GreatSchools Rating 4/10
Sequatchie County High School: GreatSchools Rating 5/10

How much acreage is this property?

The property LOT3 Grayson Way is 0.40 acres.
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Rocket HomesTennesseeHamilton CountySignal Mountain37377LOT3 Grayson Way

This home is located at LOT3 Grayson Way in Signal Mountain, TN and zip code 37377. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $65,000.

While more than 4 listings in Signal Mountain, TN in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. In April 2024 in Signal Mountain, TN there were 4.4% less homes for sale than in March 2024. In April 2024 median list price was $650,000 and the average listing age was 113 days.

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

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