7 months on rocket

4.5ACRES Franklin Dr, Chattanooga, TN, 37421

$200,000

4.50 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #1392304
Lot Size4.50 Acres
StatusActive

About 4.5ACRES Franklin Dr

HIDDEN GEM! 4.5 +/- ACRES within the CITY limits: 2 minutes to I-75 and 5 minutes to CHA Airport! Vacant land WINTER VIEWS and utilities including water, power, natural gas, SEWER, and EPB FIBER OPTICS. Currently zoned R-1 with neighboring properties of single family homes, multi-family units, and new 240+ unit apartment complex ''Ardmore at Vance''. From Franklin Drive (600+ ft of frontage), sloping topography falls away as it approaches LaBrea Drive. Residents will enjoy the important convenience factor while being tucked away on a DEAD END street. Easy access to dining, shopping, and medical nearby, within 5 minutes of Hamilton Place Mall, big box stores, and local options. The LOCATION cannot be overstated • • • 1 minute to Brainerd Road • 2 minutes to Lee Hwy • 2 minutes to I-75 • 3 minutes to Hwy 153 • 5 minutes to Hamilton Place • 5 minutes to CHA Airport • 13 minutes to downtown Chattanooga • • • Seeking an estate nestled on a dead end street? Add your personal home on over 4 acres less than 15 minutes to downtown Chattanooga. Explore the possibilities and take advantage of this rare opportunity. (Buyer to verify acreage and utilities. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Many Trees, Open Lot, Rectangular Lot, Sloped, Views, Wooded
  • Lot Size: 4.50 Acres

Other

Directions Information:

  • Directions: From Downtown Chattanooga: Take I-24 East. Exit 185B onto I-75 North. Exit 3B onto SR-320 West, East Brainerd Rd. Turn right onto Franklin Drive. Property is on the left. Also accessible on LaBrea Drive at a dead end road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
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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

4.5ACRES Franklin Dr vs Chattanooga

216 DAYS ON ROCKET

+179 Days

$200,000

-$130K Less

KEY TAKEAWAY

This property is $130K less than the Median Sold Price in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1392304

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

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: 12/22/2024, 2:21:08 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

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-990104
4
/10
  • East Brainerd Elementary School

  • 3350 Brentwood Cove Dr

  • 2.30 miles

  • Public District Grades PK-5

school-card-donut-990105
4
/10
  • Woodmore Elementary School

  • 800 Woodmore Ln

  • 2.39 miles

  • Public District Grades PK-5

school-card-donut-990106
4
/10
  • Spring Creek Elementary School

  • 1100 Spring Creek Rd

  • 2.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,777. The most common annual income of people living in Chattanooga, TN is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4.5ACRES Franklin Dr

What is the listing price of this property?

The listing price of 4.5ACRES Franklin Dr property is $200,000.

What type of property is this?

The property 4.5ACRES Franklin Dr is land located in Chattanooga, Tennessee, 37421.

Is this property for sale now?

Active Listing: 4.5ACRES Franklin Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 4.5ACRES Franklin Dr is 4.50 acres.
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Rocket HomesTennesseeHamilton CountyChattanooga374214.5ACRES Franklin Dr

This home is located at 4.5ACRES Franklin Dr in Chattanooga, TN and zip code 37421 in the Woodmore / Dalewood neighborhood. This home sits on a 4.50 acre lot. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $200,000.

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 inventory of homes for sale in Chattanooga, TN between October 2024 and November 2024 decreased by 6.9%. While the average time on the market in November 2024 was 37 days, the median list price was $330,018.

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

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