4 months on rocket

54 Shallowford Rd, Chattanooga, TN, 37404

$2,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,296 SqFt
$581/SqFt
House

Location

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54 Shallowford Rd, Chattanooga$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1960
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
ViewCity
MLS #1394556
Lot Size5.60 Acres
StatusActive

About 54 Shallowford Rd

Nestled on a picturesque 6 acre parcel, this property offers a unique blend of natural beauty and amazing views of the valley from downtown to Lookout Mountain. This property has the potential to become a unique estate for an individual that desires to have privacy, amazing views, and still be near downtown. An opportunity to acquire a property with these features rarely presents itself. The property consists of two parcels: 146L H 001 and 146L H 002. There are two homes on the property. The main house sits perfectly at the edge of the brow, has a main floor and a lower level designed to maximize the views, with expansive windows and outdoor living spaces that invite the beauty of the outdoors inside. The second house is built at a slightly lower elevation also on the edge of the brow. The surrounding acreage is a blend of gardens, grass and untouched natural terrain. Mature trees dot the landscape, offering shade, while open spaces ensure views of the valley. Thinning of the trees and brush would result in additional areas with equally stunning views. This property also has substantial development potential. Please schedule all showings with the listing broker. Please do not enter the property without an appointment. All buyers must show financial qualifications prior to viewing the property. Listing agent must be present for all showings.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 4,296 SqFt

Listing Office:

  • Office Name: Bentwood Property Group
  • Office Phone: (423) 421-3323

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Basement: Yes
  • Interior: Separate Dining Room, Tub/shower Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Deck, Patio

Lot Features

Lot Information:

  • Lot: Level, Sloped
  • Lot Size: 5.60 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From 153 and Shallowford Rd head west on Shallowford Rd. Bear left at Wilcox to stay on Shallowford Rd. Cross Crest Rd at the peak of the ridge, property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $581/SqFt

Tax Information:

  • Annual Amount: $3,518
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

54 Shallowford Rd vs Chattanooga

148 DAYS ON ROCKET

+113 Days

$2,495,000

+$2.1M More

$581/SqFt

+$382 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $382/SqFt more 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: #1394556

Listing Office:

  • Office Name: Bentwood Property Group
  • Office Phone: (423) 421-3323

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, 3:20:55 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$3,518$66,750
2019$1,845$66,750
2017$1,846$66,750

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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-349469
2
/10
  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-349470
4
/10
  • East Side Elementary School

  • 1603 S Lyerly St

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-349471
4
/10
  • Chattanooga Charter School of Excellence

  • 2029 E 23rd St

  • 1.67 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,269. The most common annual income of people living in Chattanooga, TN is less than $35k. Residents typically live in single, no kids family. 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 54 Shallowford Rd

What is the listing price of this property?

The listing price of 54 Shallowford Rd property is $2,495,000.

What type of property is this?

The property 54 Shallowford Rd is a house located in Chattanooga, Tennessee, 37404.

Is this property for sale now?

Active Listing: 54 Shallowford Rd 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 $3,518 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 54 Shallowford Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 54 Shallowford Rd is 4,296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Shallowford Rd is 1960.

Rocket HomesTennesseeHamilton CountyChattanooga3740454 Shallowford Rd

This home is located at 54 Shallowford Rd in Chattanooga, TN and zip code 37404 in the Brainerd neighborhood. This 4,296 square foot home, which was built in 1960, sits on a 5.60 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $2,495,000.

While more than 54 listings in Chattanooga, TN in October 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 181 were sold below. Between September 2024 and October 2024, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.3%. The median list price of listings available in October 2024 was $329,348, while the average time on the real estate market was 35 days.

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

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