23 days on rocket

3971 Teakwood Dr, Chattanooga, TN, 37416

$279,000

Home List Price

$3,313*

Closing Credit

0 Baths
1,920 SqFt
$145/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3971 Teakwood Dr, Chattanooga$279,000

Buyer Closing Credits

$3,313*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street
Year Built1969
HeatingCentral
CoolingElectric
MLS #1503684
StatusActive

About 3971 Teakwood Dr

Immediate Cash flow opportunity!!! Teakwood Dr. is located in the Harrison area, near the shores of Chickamauga Lake. This is a brick duplex, located off of Hwy 58 near Hwy 153. Each unit has all appliances and of course this area offers some lovely neighborhood amenities. A few luxuries of Lakeshore Heights include Booker T Washington State Park, where there is access to fishing, hiking, and boating on the lake. Shopping is very convenient being near FoodCity, Neighborhood Walmart, and only 15-20 minutes from Northgate Mall. Also, schools zoned for this area are great. This could be a great investment property with about 2,200 per month of total rental income. This 2bd 1bath per unit-duplex has potential to be a very attractive investment for a very attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 1,920 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Water Heater, Electric Oven, Electric Cooktop, Dishwasher
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen, Plumbed, Tub/shower Combo

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Patio, Porch, Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Front Yard

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Electric

Other

Directions Information:

  • Directions: LT 13 HARBOR PLACE UT 3 PB 25 PG 102 3189 02D 13

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $1,750
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Chattanooga, TN

City

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

3971 Teakwood Dr vs Chattanooga

23 DAYS ON ROCKET

-14 Days

$279,000

-$51K Less

$145/SqFt

-$56 Less

KEY TAKEAWAY

This property is $51K less than the Median Sold Price and $56/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: #1503684

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: 12/17/2024, 11:51:07 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

Jan 27, 2014Home Sold
$50,553

Tax History

YEARPROP. TAXASSESSMENT
2020$1,750$31,680
2019$876$31,680
2017$876$31,680

History based on county public records data.

Payment Calculator

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

Powered By

Rocket Mortgage

Advertisement

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-4324935
2
/10

  • Harrison Elementary School

  • 5637 Highway 58

  • 2.82 miles

  • Public District Grades PK-5

school-card-donut-4324936
7
/10

  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.02 miles

  • Public District Grades KG-5

school-card-donut-4324937
4
/10

  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 3.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,708. Typical income of Chattanooga, TN residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37416›3971 Teakwood Dr

This home is located at 3971 Teakwood Dr in Chattanooga, TN and zip code 37416 in the Dupont / Murray Hills neighborhood. This 1,920 square foot home was built in 1969. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $279,000.

Over 47 listings were sold over their listed price in November 2024 in Chattanooga, TN. In the same period over 195 listings were sold below the listed price and 89 listings were sold for the listed price. Between October 2024 and November 2024, Chattanooga, TN real estate market has seen decrease in the number of listings by 6.9%. 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.

More Resources