This property is a rare find. Already cleared of trees and ready to build your dream home on this 5.12 acre parcel in a neighborhood of beautiful homes. Sip your morning coffee on your front porch, overlooking this seasonal pond, with Signal Mountain as the backdrop to start your day.
Located on the rolling hills just a few miles south of Dunlap, TN, enjoy the easy going lifestyle found in Sequatchie Valley, and enjoy the privacy of a five acre parcel, surrounding by a charming white rail fence (low maintenance PVC), yet a few minute drive to town, where you will find all the conveniences of Dunlap, including a Super Walmart, a charming downtown district, and beautiful views of the surrounding mountains where ever you look. Further down this page, you'll find a drone video and about two dozen photos taken on the property.
The lot has been cleared and a level building pad is ready for your custom home. Underground utilities are already installed, and the property has an old well and pump. Additional charm is visible just across the pond, where neighbors cross a covered bridge to access their picturesque neighborhood to the South. The bridge is a the boundary of the parcel, and not part of this property. Electrical power is at the road.
The pond is natural, and fills up after a heavy rain, and the water level slowly lowers as the weather turns dry. If you want to enjoy a year-round pond, you would want to contact a pond maintenance specialist for their assistance.
Maybe you will build a dock and allow the children to swim and play in the pond, or maybe you place a canoe at the water's edge and just float away in your own private paradise. In the wintertime, you and the kids can climb up the slope and sled down on the snow-covered hill side.
The pond is natural, and fills up after a heavy rain, and the water level slowly lowers as the weather turns dry. If you want to enjoy a year-round pond, you would want to contact a pond maintenance specialist for their assistance.
Maybe you will build a dock and allow the children to swim and play in the pond, or maybe you place a canoe at the water's edge and just float away in your own private paradise. In the wintertime, you and the kids can climb up the slope and sled down on the snow-covered hill side.
We took a drone video of the property. Please forgive the choppiness of the video. We are new drone operators and we had some connection troubles, but the footage is useful.
The parcel is located on Hudlow Road, at the intersection with Farmington Lane.
To give you a better view of the property lines, here are some screen shots from the county and state websites. Click on any image to enlarge the photos, which can then be scrolled through.
To give you a better view of the property lines, here are some screen shots from the county and state websites. Click on any image to enlarge the photos, which can then be scrolled through.
Here is a satellite photo of the parcel. Notice the screen shots from Realtor.com (effective July 8, 2019) show houses to the South of the parcel with smaller lots and no pond are valued between $215,000 - $330,000, and to the North also on smaller lots, valued up to $473,000. Imagine what the value your home will bring with the pond and large lot!
Here are some photos of the property. Hover over the photo for the caption, or click on any photo to enlarge, and then use the forward and backward arrows to view like a slide show.
DETAILS AND IMPORTANT INFORMATION:
PRICE: $49,900
GENERAL LOCATION: Parcel in restricted neighborhood (see below for Restrictions), five miles (7 minute drive) SW of Dunlap.
GENERAL INFORMATION: Irregular shaped parcel, at intersection of Harlow Road and Farmington Lane.
ACRES: 5.12 acres ( Approx. 223,000 sq ft)
APN: 063 068.00
ASSESSOR'S MARKET VALUE: $ 57,200
ALTITUDE: 745 Feet Above Sea Level
TYPE OF TERRAIN: Gentle Rolling Hills
LONGITUDE & LATITUDE: 35.318819, -85.407473 is the center of the pond (copy and paste into your portable GPS unit, GoogleMaps.com or Google Earth, a free downloaded program)
NEAREST SMALL TOWN: Dunlap (4.2 miles), about seven minute drive
NEAREST LARGE TOWN: Chattanooga (27.1 miles) about 43 minute drive
MEASUREMENTS (APPROX): Frontage about 700' to Hudlow Road and about 250 feet frontage to Farmington Lane
ELECTRIC UTILITY: Sequatchie Valley Electric Cooperative (Poles on the road, but service to the parcel is underground)
WATER: City of Dunlap (service to the parcel is underground)
SEWER: Would be septic tank (like others in neighborhood)
NATURAL GAS: City of Dunlap (service to the parcel is underground)
TELEPHONE: Telephone service cables are installed to the parcel, underground
TIME TO BUILD: No Limit
RESTRICTIONS: Two-Page Document, includes the following:
TITLE INSURANCE: Owner purchased Title Insurance at time of purchase in 2004
SURVEY: Survey was completed in 2013
PROPERTY TAXES: $349 for the year, paid in 2019
OWNER: MDF Homes, LLC - Gary and Debbie Fiser, members
COUNTY: Sequatchie County
STATE: Tennessee
ZIP CODE: 37327
NEAREST SCHOOLS:
Griffith Elementary School (Grades: K-4th)
Sequatchie County Middle School (Grades: 5th-8th)
Sequatchie County High School (Grades: 9th-12th)
ABOUT THE PROPERTY:
This beautiful 5.12 acre parcel is ready for your custom home. Other homes in the surrounding area are valued from the low $200k's to over $470,000, and most of these are on smaller lots, without the seasonal pond. The property is cleared, except for a stand of trees on the South corner of the parcel where the elevation is steep.
REGIONAL ATTRIBUTES:
Dunlap is the county seat for Sequatchie County, ,located near the center of Sequatchie Valley, which is a 65 mile long valley that runs between portions of the Cumberland Plateau. The plateau's western Sequatchie Valley escarpment, known locally as "Fredonia Mountain," rises over 1,000 feet (300 m) above the valley just west of Dunlap. Looking to the East, you will see Waldon Ridge, where the community of Signal Mountian is. The Sequatchie River forms the city's southeastern boundary. Dunlap has a population of about 5,000 residents.
MAJOR ROUTES:
U.S. Route 127 (called "Rankin Avenue" in Dunlap), which traverses much of the Tennessee section of Sequatchie Valley, connects Dunlap to Pikeville and Crossville to the north and Chattanooga opposite Signal Mountain to the southeast. S.R. 28, which intersects with U.S. 127 in Dunlap, connects the city to Jasper to the southwest. S.R. 111, which intersects US 127 a few miles north of Dunlap, connects the city to Chattanooga to the southeast and Spencer atop the plateau to the west.
ACTIVITIES:
Several annual festivals, including a bluegrass festival, are held at the Dunlap Coke Ovens Park every year. Dunlap is often referred to as the "Hang Gliding Capital of the East" and is home to the East Coast Hang Gliding Championships and a hang gliding organization known as the Tennessee Tree Toppers.[12] The Mount Airy Golf Course is located just north of the city at the Sequatchie-Bledsoe county line. Savage Gulf State Natural Area is located atop the Cumberland Plateau to the west and Prentice Cooper State Forest is located atop the plateau to the east.
IDEAL USAGE:
The size of the parcel, and it's proximity to the seasonal pond, would be suitable for a large custom home. There is frontage to Hudlow Road, however, there is already street access off Farmington Lane. The lot has already been cleared of trees except for the back corner. Current owner keeps natural grasses mowed regularly. Natural pond might be able to be converted to a year-round pond. Utilities (electricity, gas, phone and water) are already at the edge of the property (see photo above of utility stands).
HOW TO FIND IT:
From the Highway 127/Highway 28 Junction in Dunlap, proceed South on Highway 28 for about 1.9 miles.
Turn left on John Burch Rd W, and in half a mile, turn right onto Hudlow Loop Rd.
About 1 mile down Hudlow Loop Rd, turn left on Hudlow Rd.
Property is at the intersection of Hudlow Rd and Farmington Ln., across the street from 265 Hudlow Road.
Or enter that address of the house across the street into your GPS unit or Google Maps: 265 Hudlow Road, Dunlap, TN
Or enter the GPS coordinates into your GPS using or Google Maps: 35.318819, -85.407473
WEBSITE FOR MORE PROPERTY INFO:
On the Internet: https://www.assessment.cot.tn.gov/RE_Assessment/
Select "SEQUATCHIE" County and click "Search"
Under "Owner Name" input "MDF" and click "Search"
Only one property meets the search criteria. Click the "GIS Map" button on the right to view the parcel details.
Links a the top of the image will allow you to see an "Aerial Photography" view of the parcel, and
the "Street Map", and the "FEMA DFIRM Flood Map" which shows the parcel is in "Area of Minimal Flood Hazard" unlike other parcels to the South, (blue shading" which are in Flood Hazard Zones.
WEBSITE FOR REAL ESTATE ASSESSMENT DATA:
Use the website instructions above, and on the "Property Detail" panel on the right, clink on "Click here for up to date ownership..."
Here is what you will see...
PRICE: $49,900
GENERAL LOCATION: Parcel in restricted neighborhood (see below for Restrictions), five miles (7 minute drive) SW of Dunlap.
GENERAL INFORMATION: Irregular shaped parcel, at intersection of Harlow Road and Farmington Lane.
ACRES: 5.12 acres ( Approx. 223,000 sq ft)
APN: 063 068.00
ASSESSOR'S MARKET VALUE: $ 57,200
ALTITUDE: 745 Feet Above Sea Level
TYPE OF TERRAIN: Gentle Rolling Hills
LONGITUDE & LATITUDE: 35.318819, -85.407473 is the center of the pond (copy and paste into your portable GPS unit, GoogleMaps.com or Google Earth, a free downloaded program)
NEAREST SMALL TOWN: Dunlap (4.2 miles), about seven minute drive
NEAREST LARGE TOWN: Chattanooga (27.1 miles) about 43 minute drive
MEASUREMENTS (APPROX): Frontage about 700' to Hudlow Road and about 250 feet frontage to Farmington Lane
ELECTRIC UTILITY: Sequatchie Valley Electric Cooperative (Poles on the road, but service to the parcel is underground)
WATER: City of Dunlap (service to the parcel is underground)
SEWER: Would be septic tank (like others in neighborhood)
NATURAL GAS: City of Dunlap (service to the parcel is underground)
TELEPHONE: Telephone service cables are installed to the parcel, underground
TIME TO BUILD: No Limit
RESTRICTIONS: Two-Page Document, includes the following:
- No Multifamily, No Mobile Homes, Modular Homes, Trailers, etc.,
- No Commercial Business,
- Minimum 1,650 square feet on first floor,
- Must have a 2-car garage,
- One one detached additional building,
- No TV antennas, dishes within 25 feet of property line,
- No poultry or animals, except dogs, cats, ducks, livestock, llamas, donkeys, horses and household pets.
TITLE INSURANCE: Owner purchased Title Insurance at time of purchase in 2004
SURVEY: Survey was completed in 2013
PROPERTY TAXES: $349 for the year, paid in 2019
OWNER: MDF Homes, LLC - Gary and Debbie Fiser, members
COUNTY: Sequatchie County
STATE: Tennessee
ZIP CODE: 37327
NEAREST SCHOOLS:
Griffith Elementary School (Grades: K-4th)
Sequatchie County Middle School (Grades: 5th-8th)
Sequatchie County High School (Grades: 9th-12th)
ABOUT THE PROPERTY:
This beautiful 5.12 acre parcel is ready for your custom home. Other homes in the surrounding area are valued from the low $200k's to over $470,000, and most of these are on smaller lots, without the seasonal pond. The property is cleared, except for a stand of trees on the South corner of the parcel where the elevation is steep.
REGIONAL ATTRIBUTES:
Dunlap is the county seat for Sequatchie County, ,located near the center of Sequatchie Valley, which is a 65 mile long valley that runs between portions of the Cumberland Plateau. The plateau's western Sequatchie Valley escarpment, known locally as "Fredonia Mountain," rises over 1,000 feet (300 m) above the valley just west of Dunlap. Looking to the East, you will see Waldon Ridge, where the community of Signal Mountian is. The Sequatchie River forms the city's southeastern boundary. Dunlap has a population of about 5,000 residents.
MAJOR ROUTES:
U.S. Route 127 (called "Rankin Avenue" in Dunlap), which traverses much of the Tennessee section of Sequatchie Valley, connects Dunlap to Pikeville and Crossville to the north and Chattanooga opposite Signal Mountain to the southeast. S.R. 28, which intersects with U.S. 127 in Dunlap, connects the city to Jasper to the southwest. S.R. 111, which intersects US 127 a few miles north of Dunlap, connects the city to Chattanooga to the southeast and Spencer atop the plateau to the west.
ACTIVITIES:
Several annual festivals, including a bluegrass festival, are held at the Dunlap Coke Ovens Park every year. Dunlap is often referred to as the "Hang Gliding Capital of the East" and is home to the East Coast Hang Gliding Championships and a hang gliding organization known as the Tennessee Tree Toppers.[12] The Mount Airy Golf Course is located just north of the city at the Sequatchie-Bledsoe county line. Savage Gulf State Natural Area is located atop the Cumberland Plateau to the west and Prentice Cooper State Forest is located atop the plateau to the east.
IDEAL USAGE:
The size of the parcel, and it's proximity to the seasonal pond, would be suitable for a large custom home. There is frontage to Hudlow Road, however, there is already street access off Farmington Lane. The lot has already been cleared of trees except for the back corner. Current owner keeps natural grasses mowed regularly. Natural pond might be able to be converted to a year-round pond. Utilities (electricity, gas, phone and water) are already at the edge of the property (see photo above of utility stands).
HOW TO FIND IT:
From the Highway 127/Highway 28 Junction in Dunlap, proceed South on Highway 28 for about 1.9 miles.
Turn left on John Burch Rd W, and in half a mile, turn right onto Hudlow Loop Rd.
About 1 mile down Hudlow Loop Rd, turn left on Hudlow Rd.
Property is at the intersection of Hudlow Rd and Farmington Ln., across the street from 265 Hudlow Road.
Or enter that address of the house across the street into your GPS unit or Google Maps: 265 Hudlow Road, Dunlap, TN
Or enter the GPS coordinates into your GPS using or Google Maps: 35.318819, -85.407473
WEBSITE FOR MORE PROPERTY INFO:
On the Internet: https://www.assessment.cot.tn.gov/RE_Assessment/
Select "SEQUATCHIE" County and click "Search"
Under "Owner Name" input "MDF" and click "Search"
Only one property meets the search criteria. Click the "GIS Map" button on the right to view the parcel details.
Links a the top of the image will allow you to see an "Aerial Photography" view of the parcel, and
the "Street Map", and the "FEMA DFIRM Flood Map" which shows the parcel is in "Area of Minimal Flood Hazard" unlike other parcels to the South, (blue shading" which are in Flood Hazard Zones.
WEBSITE FOR REAL ESTATE ASSESSMENT DATA:
Use the website instructions above, and on the "Property Detail" panel on the right, clink on "Click here for up to date ownership..."
Here is what you will see...
WEBSITE FOR PROPERTY TAX INFO:
Visit: https://secure.tennesseetrustee.org and select "Sequatchie County, TN" Then, click "Search Taxes"
Search by "Owner Name:" and enter "MDF" and click "Search"
Search by Map: Control Map: 040 Group: (leave blank) Parcel: 011
Then click on "Search" Button
County on-line records show the 2018 payment of $349.00 was paid on 3/4/2019
The owner had the assessment changed in 2013 when he subdivided part of the parcel and sold it.
Visit: https://secure.tennesseetrustee.org and select "Sequatchie County, TN" Then, click "Search Taxes"
Search by "Owner Name:" and enter "MDF" and click "Search"
Search by Map: Control Map: 040 Group: (leave blank) Parcel: 011
Then click on "Search" Button
County on-line records show the 2018 payment of $349.00 was paid on 3/4/2019
The owner had the assessment changed in 2013 when he subdivided part of the parcel and sold it.
In case you want to read these, here is the property description, and the two page "Restrictions" document.
BUYING THE PROPERTY
CASH SALE: We are selling this property for cash. Sometimes we are approached with a request to sell it on terms, but would tie up our funds and keep me from being able to invest for the next parcel. For that reason, we only sell for cash.
There is a very popular funding option called LightStream. They are a division of SunTrust Bank, and they may finance your purchase at very competitive rates (commonly 5-10% APR) for 2-12 years, and they commonly provide financing within 24-48 hours, and sometimes on the same day. So if you want to finance the purchase, consider checking them out at www.lightstream.com
TRANSFERRING OWNERSHIP
Option One - Cash for Deed:
This is the quickest and easiest way to transfer ownership of this parcel from me to you. Here's how it works.... At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to us ([email protected]) or as a text to our personal cell phone number (423) 718-5398.
When Seller receives signed Purchase and Sale Agreement, Seller will send a PayPal invoice to the Buyer in the amount of $300.00, (a non-refundable doc fee) to be paid within three days. You can pay that by PayPal funds or credit card (including Visa, MasterCard, AmEx, Discover).
Upon receipt of this agreement and doc fee, Seller will arrange a mobile notary to meet Buyer at their local bank, and there, the notary will exchange the Buyer's cashier’s check for the purchase price for the signed and notarized deed. Then, Buyer is responsible for mailing the signed deed to the County Recorder’s office in the county where the parcel is located, along with a check payable to that county’s recorder, for the recording fee. This option does not provide Title Insurance, and is not advisable if you plan on taking out a mortgage to build a home.
To take some of the unknowns out of the land purchase process, I also offer Option Two.
OPTION TWO - TITLE COMPANY CLOSE:
A good title/escrow service does most the work required for a clean transfer of ownership. At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to me, Gary Fiser or my wife, Debbie Fiser, at [email protected] or as a text to my personal cell phone number (423) 718-5398.
When Seller receives signed Purchase and Sale Agreement, Seller will send a Paypal invoice to the Buyer in the amount of $500.00, (a non-refundable deposit, applies to purchase price) to be paid within three days..
Once I have received your signed agreement, and your deposit, I will submit the signed agreement to an escrow company (also known as a title company), and ask them to handle the transaction. They will abide by the purchase agreement, and at your instruction, will do the research necessary to provide you with a Warranty Deed of ownership, and the title insurance policy (if you chose to purchase one). In the end, they record your deed at the county recorder, and you'll have the title insurance policy. In case you do not live in the county where the parcel is, and the escrow company will take care of emailing the closing documents to you. You'll need to be able to print out a few documents, sign them, and then return them to the escrow service (usually by fax or email, but can also be mailed in an envelope).
In addition to the usual closing costs and doc fees, the other cost you will incur besides the Purchase Price of the parcel, will be the "Title Insurance Policy" premium. In most cases, the title insurance premium is about $150 -250. This is an optional purchase for you, but if you are planning to take out a mortgage to secure a building loan on this parcel, your bank will certainly want title insurance. If that's the case, I highly recommend you purchase title insurance at this time.
Whether you choose the $300 "Cash for Deed" option, or the $500 deposit option, these fees are considered non-refundable, so if you change your mind, or fail to complete the sale within 10 days, the sale is terminated, and the fee will be retained. Please don't act on this purchase until you are ready to commit to the purchase.
MORE INFO:
If you find any information on this web page to be incorrect, please let me know so I can make a correction ASAP. After you have read ALL the information on this page (which means you know everything I know about the property), feel free to call me if you have any additional questions or need to clarify anything. Our names are Gary and Debbie Fiser and our personal cell phone number is (423) 718-5398.
VACANT LAND PURCHASE AND SALE AGREEMENT
Here is where you can download the
"Vacant Land Purchase and Sale Agreement"
CASH SALE: We are selling this property for cash. Sometimes we are approached with a request to sell it on terms, but would tie up our funds and keep me from being able to invest for the next parcel. For that reason, we only sell for cash.
There is a very popular funding option called LightStream. They are a division of SunTrust Bank, and they may finance your purchase at very competitive rates (commonly 5-10% APR) for 2-12 years, and they commonly provide financing within 24-48 hours, and sometimes on the same day. So if you want to finance the purchase, consider checking them out at www.lightstream.com
TRANSFERRING OWNERSHIP
Option One - Cash for Deed:
This is the quickest and easiest way to transfer ownership of this parcel from me to you. Here's how it works.... At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to us ([email protected]) or as a text to our personal cell phone number (423) 718-5398.
When Seller receives signed Purchase and Sale Agreement, Seller will send a PayPal invoice to the Buyer in the amount of $300.00, (a non-refundable doc fee) to be paid within three days. You can pay that by PayPal funds or credit card (including Visa, MasterCard, AmEx, Discover).
Upon receipt of this agreement and doc fee, Seller will arrange a mobile notary to meet Buyer at their local bank, and there, the notary will exchange the Buyer's cashier’s check for the purchase price for the signed and notarized deed. Then, Buyer is responsible for mailing the signed deed to the County Recorder’s office in the county where the parcel is located, along with a check payable to that county’s recorder, for the recording fee. This option does not provide Title Insurance, and is not advisable if you plan on taking out a mortgage to build a home.
To take some of the unknowns out of the land purchase process, I also offer Option Two.
OPTION TWO - TITLE COMPANY CLOSE:
A good title/escrow service does most the work required for a clean transfer of ownership. At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to me, Gary Fiser or my wife, Debbie Fiser, at [email protected] or as a text to my personal cell phone number (423) 718-5398.
When Seller receives signed Purchase and Sale Agreement, Seller will send a Paypal invoice to the Buyer in the amount of $500.00, (a non-refundable deposit, applies to purchase price) to be paid within three days..
Once I have received your signed agreement, and your deposit, I will submit the signed agreement to an escrow company (also known as a title company), and ask them to handle the transaction. They will abide by the purchase agreement, and at your instruction, will do the research necessary to provide you with a Warranty Deed of ownership, and the title insurance policy (if you chose to purchase one). In the end, they record your deed at the county recorder, and you'll have the title insurance policy. In case you do not live in the county where the parcel is, and the escrow company will take care of emailing the closing documents to you. You'll need to be able to print out a few documents, sign them, and then return them to the escrow service (usually by fax or email, but can also be mailed in an envelope).
In addition to the usual closing costs and doc fees, the other cost you will incur besides the Purchase Price of the parcel, will be the "Title Insurance Policy" premium. In most cases, the title insurance premium is about $150 -250. This is an optional purchase for you, but if you are planning to take out a mortgage to secure a building loan on this parcel, your bank will certainly want title insurance. If that's the case, I highly recommend you purchase title insurance at this time.
Whether you choose the $300 "Cash for Deed" option, or the $500 deposit option, these fees are considered non-refundable, so if you change your mind, or fail to complete the sale within 10 days, the sale is terminated, and the fee will be retained. Please don't act on this purchase until you are ready to commit to the purchase.
MORE INFO:
If you find any information on this web page to be incorrect, please let me know so I can make a correction ASAP. After you have read ALL the information on this page (which means you know everything I know about the property), feel free to call me if you have any additional questions or need to clarify anything. Our names are Gary and Debbie Fiser and our personal cell phone number is (423) 718-5398.
VACANT LAND PURCHASE AND SALE AGREEMENT
Here is where you can download the
"Vacant Land Purchase and Sale Agreement"
purchase_agreement_blank.pdf | |
File Size: | 189 kb |
File Type: |