2 months on rocket

4725 Fairwood Ln, Chattanooga, TN, 37416

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths
1,878 SqFt
$173/SqFt
House

Location

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4725 Fairwood Ln, Chattanooga$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway
Attached Garage2 spaces
Year Built1958
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
MLS #1500066
Lot Size0.31 Acres
StatusActive

About 4725 Fairwood Ln

PRICE REDUCTION allows you to make this home yours before the holiday season! The location is perfect as this all brick rancher is nestled on a quiet and established neighborhood but only 10 minutes to Hamilton Place, 15 minutes to downtown Chattanooga and 18 minutes to Harrison Bay State Park! The home offers many updated features but still keeps some original charm. As you enter the home there is a separate foyer which leads either into the entertaining area or down a private hall that has 3 bedrooms and 2 full baths. In the front of the home the large living room and separate dining room lead into an updated kitchen. The kitchen has newer cabinets, granite countertops and newer bamboo flooring. The bamboo flooring flows into a large family room with beautiful original knotty pine walls. Heading out back from the family room there is an oversized fenced yard with a 12' x 28' wooden deck, a screened in porch and double gated fence for the potential to keep a boat or camper. This yard has so many options .... maybe a pool or an expansive garden. Updates includes a new roof (6 months), new vinyl windows and entry doors (2 years). Come check out all this home offers and make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,878 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Electric Range
  • Basement: No
  • Flooring Type: Bamboo, Hardwood
  • Interior: Separate Dining Room, Sitting Area, Tub/shower Combo, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Private Yard, Storage, Back Fence, Deck, Porch/Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: From 153 North take exit 5a 58 north to Decatur, turn right on Rocky River Road, turn left on Fairwood Lane. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $1,884
  • 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

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

4725 Fairwood Ln vs Chattanooga

66 DAYS ON ROCKET

+31 Days

$325,000

-$4.3K Less

$173/SqFt

-$26 Less

KEY TAKEAWAY

This property is $4.3K less than the Median Sold Price and $26/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: #1500066

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: 11/21/2024, 7:20:56 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

Aug 29, 2006Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,884$34,350
2019$949$34,350
2017$950$34,350

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-409310
4
/10

  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 2.90 miles

  • Public District Grades KG-5

school-card-donut-409311
2
/10

  • Harrison Elementary School

  • 5637 Highway 58

  • 3.28 miles

  • Public District Grades PK-5

school-card-donut-409312
7
/10

  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.62 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 $61,286. Most Chattanooga, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4725 Fairwood Ln

What is the listing price of this property?

The listing price of 4725 Fairwood Ln property is $325,000.

What type of property is this?

The property 4725 Fairwood Ln is a house located in Chattanooga, Tennessee, 37416.

Is this property for sale now?

Active Listing: 4725 Fairwood Ln 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 $1,884 (source: MLS/based on county public records data).

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

The last sale was on August 29, 2006 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4725 Fairwood Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4725 Fairwood Ln is 1,878 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4725 Fairwood Ln is 1958.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37416›4725 Fairwood Ln

This home is located at 4725 Fairwood Ln in Chattanooga, TN and zip code 37416 in the Lake Hills neighborhood. This 1,878 square foot home, which was built in 1958, sits on a 0.31 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $325,000.

In October 2024 more than 54 listings in Chattanooga, TN were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 181 were sold below. The inventory of homes for sale in Chattanooga, TN between September 2024 and October 2024 decreased by 0.3%. While the average time on the market in October 2024 was 35 days, the median list price was $329,348.

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

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