2 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

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • East Ridge High School, Public District Grades 9-12
  • Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
  • East Ridge Middle School, Public District Grades 6-8
  • East Ridge Elementary School, Public District Grades PK-5

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.

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Chattanooga, TN

City

Med. Sold Price

$325K

Med. Price/SqFt

$198

Avg. Days On Market

42

# of Sold Homes

304

54 Shallowford Rd vs Chattanooga

88 DAYS ON ROCKET

+46 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: 9/22/2024, 1:20:55 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.

Elementary School

school-card-donut-712616
3
/10

  • East Ridge Elementary School

  • 1014 John Ross Rd

  • 2.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-712617
3
/10

  • East Ridge Middle School

  • 4400 Bennett Rd

  • 3.17 miles

  • Public District Grades 6-8

High School

school-card-donut-712618
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 2.43 miles

  • Public District Grades 6-12

school-card-donut-712619
3
/10

  • East Ridge High School

  • 4320 Bennett Rd

  • 3.27 miles

  • Public District Grades 9-12

school-card-donut-712620
9
/10

  • Hamilton County Middle College High School At Chattanooga S

  • 4501 Amnicola Hwy

  • 4.76 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,269. Most Chattanooga, TN residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents 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 are the assigned schools for this property?

The assigned schools for 54 Shallowford Rd are:
East Ridge Elementary School: GreatSchools Rating 3/10
East Ridge Middle School: GreatSchools Rating 3/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
East Ridge High School: GreatSchools Rating 3/10
Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10

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 Homes›Tennessee›Hamilton County›Chattanooga›37404›54 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 63 listings in Chattanooga, TN in August 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 142 were sold below. Between July 2024 and August 2024, Chattanooga, TN real estate market has seen increase in the number of listings by 10.2%. The median list price of listings available in August 2024 was $325,088, while the average time on the real estate market was 42 days.

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

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