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Take advantage of this affordable land opportunity in the Red Bank area of Chattanooga with flexible owner-financing! This wooded, undeveloped lot sits just behind North Red Bank Baptist Church and offers a peaceful setting with room to build. Whether you’re looking for a custom home site or an investment property, this lot is full of potential. Don’t let financing be a hurdle””seller is offering great terms!
Owner Financing Terms Offered (Open to Negotiations):
No credit check required. Buyer will execute a Deed of Trust, Promissory Note, Personal Guarantee, and Deed in Lieu of Foreclosure (to be held in escrow) at closing.
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Purchase price of 24,900.
Financed for 10 years, no balloon, and no prepayment penalty.
8% interest
1,000 down
Payments of $289.97 a month
Buyer will pay closing costs at Key Title and Escrow LLC
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Purchase price of 24,900.
Financed for 15 years, no balloon, and no prepayment penalty.
8% interest
1,000 down
Payments of $228.40 a month
Buyer will pay closing costs at Key Title and Escrow LLC
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Purchase price of 24,900.
Financed for 10 years, no balloon, and no prepayment penalty.
8% interest
1,000 down
Payments of $484.61 a month
Lot/Land/Acreage
| Last Updated | 5/2/2025 | Tract | None |
|---|---|---|---|
| Year Built | 0 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Alpine Crest Elementary |
|---|---|
| Jr. High School | Red Bank Middle |
| High School | Red Bank High School |
Price History
| Prior to Feb 13, '25 | $24,900 |
|---|---|
| Feb 13, '25 – Apr 12, '25 | $21,900 |
| Apr 12, '25 – May 2, '25 | $19,900 |
| May 2, '25 – Today | $16,700 |
Additional Details
| AREA | Chattanooga |
|---|---|
| LOT | 0.53 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Wooded |
| LOT DIMENSIONS | 23086.8 |
| SEWER | None |
| SUBDIVISION | None |
| TAXES | 19.54 |
| UTILITIES | None |
| WATER | None |
| ZONING | Single-Family Residential District |
Location
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IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 5/19/25 8:50 PM PDT
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This IDX solution is (c) Diverse Solutions 2025.
