5 months on rocket

5065 Shoals Ln Unit 11, Chattanooga, TN, 37416

$260,000

Home List Price

$3,088*

Closing Credit

0 Baths
1,797 SqFt
$145/SqFt
Multi

Location

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5065 Shoals Ln Unit 11, Chattanooga$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingKitchen Level, Off Street
Garage1 space
Year Built1971
HeatingElectric
CoolingMulti Unit(s)
BasementYes
MLS #1396103
Lot Size0.37 Acres
StatusActive

About 5065 Shoals Ln Unit 11

Well-Kept Duplex off Highway 58 Nestled in Lake Shoals Subdivision!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 1,797 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Eat-in Kitchen, Open Floorplan, Storage

Exterior Features

Exterior Information:

  • Exterior: Private Yard, Deck, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Kitchen Level, Off Street

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Multi Unit(s)

Other

Directions Information:

  • Directions: Fr Hamilton Place mall take a left onto gunbarrel Road then make a left on Shallowford Road. come all the way down until after you pass the dealerships then make a right on to 153 keep going straight and then take a right onto exit 5 a. Your continue on Highway 58 until you come to the stoplight where you can take a left on N. Hickory Valley Rd. then at the end of N. Hickory Valley Rd. you'll take a right on the Harrison pike/ Glover Road. Make a L onto Shoals Ln. Puplex will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $145/SqFt
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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

5065 Shoals Ln Unit 11 vs Chattanooga

152 DAYS ON ROCKET

+115 Days

$260,000

-$70K Less

$145/SqFt

-$56 Less

KEY TAKEAWAY

This property is $70K 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: #1396103

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 519-5113

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, 10:21:08 AM 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

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-944336
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-944337
7
/10
  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.37 miles

  • Public District Grades KG-5

school-card-donut-944338
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 3.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,929. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesTennesseeHamilton CountyChattanooga374165065 Shoals Ln Unit 11

This home is located at 5065 Shoals Ln Unit 11 in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This 1,797 square foot home, which was built in 1971, sits on a 0.37 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $260,000.

In November 2024, from all listings sold in Chattanooga, TN there were more than 47 sold above asking price, over 195 sold below and more than 89 were sold right at the asked price. The inventory of homes for sale in Chattanooga, TN between October 2024 and November 2024 decreased by 6.9%. In November 2024 median list price was $330,018 and the average listing age was 37 days.

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

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