19 days on rocket

1303 Prater Rd, Chattanooga, TN, 37412

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
1 Full Bath
1,235 SqFt
$142/SqFt
House

Location

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1303 Prater Rd, Chattanooga$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Gravel, Utility Garage
Garage1 space
Year Built1947
CoolingWindow Unit(s)
MLS #1503173
Lot Size0.36 Acres
StatusActive

About 1303 Prater Rd

Investor special! Tenant occupied and tenants rights apply. Do not bother tenant under any circumstances! The home and property will not be allowed to be viewed until there is an acceptable negotiated contract with the seller subject to the terms and conditions of the contract. This home is in a convenient location and a total renovation is needed. Cash only - no repairs!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 1,235 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Awnings, Private Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Gravel, Utility Garage

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: I75 S, left on Ringgold Rd., Left on Prater Rd., House on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $969
  • Tax Year: 2020
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Housing Market Comparison

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

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Chattanooga, TN

City

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

1303 Prater Rd vs Chattanooga

19 DAYS ON ROCKET

-18 Days

$175,000

-$155K Less

$142/SqFt

-$59 Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $59/SqFt less 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: #1503173

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

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: 12/3/2024, 1:21:07 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$969$19,000
2019$968$19,000
2017$969$19,000

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-3519341
4
/10

  • Spring Creek Elementary School

  • 1100 Spring Creek Rd

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-3519342
3
/10

  • Barger Academy

  • 4808 Brainerd Rd

  • 1.61 miles

  • Public Magnet Grades KG-5

school-card-donut-3519343
3
/10

  • East Ridge Elementary School

  • 1014 John Ross Rd

  • 1.87 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,967. Residents of Chattanooga, TN typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Chattanooga, 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 type of housing is available in Chattanooga, TN?

Chattanooga's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from historic Victorian and Tudor homes to contemporary new constructions. The market is dynamic, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the exact composition of the housing market can vary, there is a healthy balance between homeownership and rental opportunities, accommodating a variety of lifestyle needs.

Is Chattanooga, TN a good place to live?

Chattanooga is celebrated for its vibrant community spirit and scenic beauty, nestled along the Tennessee River and surrounded by mountains. The city prides itself on its outdoor recreational opportunities, including world-class rock climbing, hiking, and water sports. Cultural events and festivals throughout the year showcase the city's diverse heritage and foster a strong sense of community among residents.

Are things conveniently located in Chattanooga, TN?

The community benefits from a robust educational system, with numerous public and private schools, as well as higher education institutions that contribute to the city's intellectual environment. Healthcare facilities in Chattanooga are comprehensive, offering a range of services from primary care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are a testament to the city's commitment to meeting the needs of its residents.

What does the transportation in Chattanooga, TN look like?

Chattanooga's transportation infrastructure includes a mix of public transit options and well-maintained roads and highways that facilitate travel within the city and to surrounding areas. The public transit system provides connectivity across neighborhoods, with schedules designed to accommodate commuters and residents. The city is also bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport. Efforts to improve transport efficiency and accessibility are ongoing, reflecting Chattanooga's dedication to a sustainable and connected urban environment.

Frequently Asked Questions About 1303 Prater Rd

What is the listing price of this property?

The listing price of 1303 Prater Rd property is $175,000.

What type of property is this?

The property 1303 Prater Rd is a house located in Chattanooga, Tennessee, 37412.

Is this property for sale now?

Active Listing: 1303 Prater Rd 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 $969 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1303 Prater Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1303 Prater Rd is 1,235 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1303 Prater Rd is 1947.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37412›1303 Prater Rd

This home is located at 1303 Prater Rd in Chattanooga, TN and zip code 37412. This 1,235 square foot home, which was built in 1947, sits on a 0.36 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $175,000.

In November 2024 more than 47 listings in Chattanooga, TN were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 195 were sold below. The number of homes for sale in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. In November 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $330,018.

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

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