10 days on rocket

500 Shannon Ave, Chattanooga, TN, 37411

$405,000

Home List Price

$4,809*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,165 SqFt
$187/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

500 Shannon Ave, Chattanooga$405,000

Buyer Closing Credits

$4,809*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Garage, Off Street
Attached Garage1 space
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1504823
Lot Size0.17 Acres
StatusActive

About 500 Shannon Ave

Welcome to 500 Shannon Avenue, a stunning new construction home in the heart of Brainerd, conveniently located near Shallowford Road and North Germantown Road. This property features a 3-bedroom, 2.5-bath main house, paired with a 1-bedroom, 1-bath, 665 sq. ft. ADU (Accessory Dwelling Unit) in the backyard—perfect for income-producing potential, multi-generational living, or a private guest retreat. Step inside the main home and you'll immediately appreciate the warmth of the handsome 7'' wide engineered luxury floors in the Titan Heritage Birch finish, adding timeless charm throughout. The open-concept living area creates a seamless flow, offering ample space for a generous dining table, perfect for entertaining family and friends. The kitchen is equally impressive with stainless steel appliances, granite countertops, and plenty of prep space, making it a functional and stylish hub for the home. A convenient laundry room on the main level keeps daily chores simple, and the half bath with a pedestal sink provides a thoughtful touch for guests. Upstairs, the primary suite is a peaceful retreat, featuring an en suite bathroom with a double vanity, a tub/shower combo with tiled surround, and a walk-in closet complete with built-in shelving. The additional bedrooms also include walk-in closets with built-in shelving, providing ample storage and organization for everyone. The shared bathroom features a double vanity and a tub/shower combo beautifully accented with a tile surround. The backyard features a brand-new ADU with a well-sized living area, a full kitchen, 1 bedroom, and 1 bathroom. This versatile space offers flexibility as an income-producing rental, guest suite, or additional living quarters for extended family. Located just 15 minutes from downtown Chattanooga and Hamilton Place, this central location offers easy access to shopping, dining, and local amenities, making it an ideal place to call home. Whether you're an investor, a homeowner seeking additional income, or simply need space for family, this property is a rare find. Schedule your showing today! Local lenders are preferred.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,165 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Electric Range, Dishwasher
  • Basement: No
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Double Vanity, Open Floorplan, Tub/shower Combo, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Gutters, Porch/Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Concrete, Garage, Off Street

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From downtown, head over Missionary Ridge via Shallowford Road. Turn right on Gillespie Road, turn right on Shannon Ave. The home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $240
  • 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

$329.8K

Med. Price/SqFt

$200

Avg. Days On Market

40

# of Sold Homes

364

500 Shannon Ave vs Chattanooga

10 DAYS ON ROCKET

-30 Days

$405,000

+$75.1K More

$187/SqFt

-$14 Less

KEY TAKEAWAY

This property is $75.1K more than the Median Sold Price and $14/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: #1504823

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

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© 2025 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: 1/2/2025, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$240$4,750
2019$131$4,750
2017$131$4,750

History based on county public records data.

Payment Calculator

$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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-32827
4
/10

  • Woodmore Elementary School

  • 800 Woodmore Ln

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-32828
3
/10

  • Barger Academy

  • 4808 Brainerd Rd

  • 1.63 miles

  • Public Magnet Grades KG-5

school-card-donut-32829
2
/10

  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 1.74 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 $53,511. The most common annual income of people living in Chattanooga, TN is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Shannon Ave

What is the listing price of this property?

The listing price of 500 Shannon Ave property is $405,000.

What type of property is this?

The property 500 Shannon Ave is a house located in Chattanooga, Tennessee, 37411.

Is this property for sale now?

Active Listing: 500 Shannon Ave 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 $240 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Shannon Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Shannon Ave is 2,165 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Shannon Ave is 2024.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37411›500 Shannon Ave

This home is located at 500 Shannon Ave in Chattanooga, TN and zip code 37411 in the Woodmore / Dalewood neighborhood. This 2,165 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $405,000.

Chattanooga, TN housing market in December 2024 saw over 47 listings sold above listed price, more than 100 sold at listed price and over 216 sold below. The number of homes for sale in Chattanooga, TN decreased by 8.3% between November 2024 and December 2024. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $329,879.

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

More Resources