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1126 E Elmwood Dr, Chattanooga, TN, 37405

$254,500

Home List Price

$3,022*

Closing Credit

2 Bedrooms
1 Full Bath
1,024 SqFt
$249/SqFt
House

Location

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1126 E Elmwood Dr, Chattanooga$254,500

Buyer Closing Credits

$3,022*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway
Year Built1926
HeatingCentral
CoolingCentral Air
MLS #1501391
Lot Size0.30 Acres
StatusActive

About 1126 E Elmwood Dr

Prime location and charm! Welcome to this quaint home, built in 1926, blending historic charm with modern updates. This two-bedroom, one bath home retains its hardwood floors, trim, and fireplaces and is an ideal choice for the first time homebuyer or investor. This neighborhood is a hidden treasure, nestled between North Shore and Red Bank on a quiet street with quick access to HWY 27. Outdoor enthusiasts will appreciate the proximity to Stringers Ridge and Moccasin Bend, perfect for biking or walking. The property features a spacious backyard and off-street parking. Recent Updates: • Exterior Maintenance: Outdoor trim and deck painted in 2024 • Appliances: Brand new refrigerator, dishwasher, and stove (2024) • Back Patio: Newly added in 2024 • Attic Insulation: Upgrades in 2021 • Bathroom: Updates in 2021 • Roof & Gutters: Updates in 2020 • Windows: Replaced in 2019

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1926
  • Living Area: 1,024 SqFt

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4945

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range Hood, Dishwasher
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None, Fence, Front Fence, Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From North Shore: Drive through the tunnel towards Red Bank. Take your first left onto East Frontage Road. Take an immediate right onto East Elmwood Drive. House is on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $254,500
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $933
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

1126 E Elmwood Dr vs Chattanooga

45 DAYS ON ROCKET

+10 Days

$254,500

-$74.8K Less

$249/SqFt

+$50 More

KEY TAKEAWAY

This property is $74.8K less than the Median Sold Price and $50/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1501391

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4945

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: 11/23/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2017Home Sold
$91,575
Jul 02, 2007Home Sold
$42,000

Tax History

YEARPROP. TAXASSESSMENT
2020$933$15,475
2019$427$15,475
2017$428$15,475

History based on county public records data.

Payment Calculator

$1,338

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$830

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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-1076630
5
/10
  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 2.21 miles

  • Public Magnet Grades KG-5

school-card-donut-1076631
3
/10
  • Brown Academy

  • 718 E 8th St

  • 2.38 miles

  • Public Magnet Grades PK-5

school-card-donut-1076632
4
/10
  • Battle Academy

  • 1601 Market St

  • 2.63 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,380. Most Chattanooga, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1126 E Elmwood Dr

What is the listing price of this property?

The listing price of 1126 E Elmwood Dr property is $254,500.

What type of property is this?

The property 1126 E Elmwood Dr is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 1126 E Elmwood Dr 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 $933 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2017 for $91,575. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1126 E Elmwood Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1126 E Elmwood Dr is 1,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1126 E Elmwood Dr is 1926.

Rocket HomesTennesseeHamilton CountyChattanooga374051126 E Elmwood Dr

This home is located at 1126 E Elmwood Dr in Chattanooga, TN and zip code 37405 in the Mountain Creek / Moccasin Bend neighborhood. This 1,024 square foot home, which was built in 1926, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $254,500.

Over 54 listings were sold over their listed price in October 2024 in Chattanooga, TN. In the same period over 181 listings were sold below the listed price and 108 listings were sold for the listed price. The inventory of homes for sale in Chattanooga, TN between September 2024 and October 2024 decreased by 0.3%. In October 2024 median list price was $329,348 and the average listing age was 35 days.

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

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