4 months on rocket

3407 Banks Rd, Chattanooga, TN, 37421

$279,000

12.31 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewValley
MLS #2688530
Lot Size12.31 Acres
StatusActive

About 3407 Banks Rd

Undeveloped 12.31 acres of Wooded rolling land. No deed restrictions. Lots of tall Hardwood trees. Good soil for septic system. All utilities at the road including high-speed one gig Internet from EPB. Its a little deceiving looking from the road but once you walk back on to the property it levels out and you find your self in a very peaceful and secluded area. The property is very convenient. Located to the Hamilton Place shopping area and to everything you need within a few minute drive.

Property Details

Property Features

Listing Office:

  • Office Name: homecoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Valley

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 12.31 Acres

Other

Directions Information:

  • Directions: From I-75 North take exit 7A, right Jenkins Rd., go 1.1 mile then left on Standifer Gap Rd., Go 1.5 miles then turn right on Banks Rd., Propertyy located approximately 0.3 miles on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000
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Housing Market Comparison

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

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

3407 Banks Rd vs Chattanooga

137 DAYS ON ROCKET

+100 Days

$279,000

-$51K Less

KEY TAKEAWAY

This property is $51K less than the Median Sold Price in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2688530

Listing Office:

  • Office Name: homecoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:18:52 PM 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

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

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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-989040
8
/10
  • Westview Elementary School

  • 9629 E Brainerd Rd

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-989041
4
/10
  • East Brainerd Elementary School

  • 3350 Brentwood Cove Dr

  • 2.13 miles

  • Public District Grades PK-5

school-card-donut-989042
4
/10
  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 2.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,852. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3407 Banks Rd

What is the listing price of this property?

The listing price of 3407 Banks Rd property is $279,000.

What type of property is this?

The property 3407 Banks Rd is land located in Chattanooga, Tennessee, 37421.

Is this property for sale now?

Active Listing: 3407 Banks Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3407 Banks Rd is 12.31 acres.
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Rocket HomesTennesseeHamilton CountyChattanooga374213407 Banks Rd

This home is located at 3407 Banks Rd in Chattanooga, TN and zip code 37421 in the Westview / Mountain Shadows neighborhood. This home sits on a 12.31 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $279,000.

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 listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $330,018, while the average time on the real estate market was 37 days.

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

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