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Sale Pending

5864 Grubb Rd, Hixson, TN, 37343

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,516 SqFt
$181/SqFt
House

Location

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5864 Grubb Rd, Chattanooga$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBasement
Year Built1954
HeatingCentral, Electric
CoolingCentral Air, Electric, Window Unit(s)
BasementYes
MLS #1502706
Lot Size0.78 Acres
StatusSale Pending
(Contingent)

About 5864 Grubb Rd

Experience the ultimate in flexibility and potential with this unique home, offering a rare opportunity to customize and expand. Situated on a spacious lot, this residence boasts 1,516 square feet of living space, including three bedrooms and two bathrooms. The full, unfinished basement awaits your personal touch—already plumbed and framed, it's ready for expansion, an additional living area, or your dream design. Attached to the main residence is an Accessory Dwelling Unit (ADU) that has previously been rented for $700 per month, providing a steady income stream or ideal space for extended family. Additionally, a separate single-wide unit on the property has consistently fetched $750 per month in rental income. Both units offer private living spaces, perfect for tenants or as guest accommodations. Further enhancing the property's appeal is a separate storage trailer, offering additional space for tools, equipment, or conversion into a creative studio. This property is perfect for someone looking to live in one unit while offsetting living expenses with rental income from the others, or for an investor seeking a multifaceted rental property. Don't miss out on this exceptional opportunity to maximize your investment while enjoying the benefits of homeownership.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 1,516 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Basement

Lot Features

Lot Information:

  • Lot Size: 0.78 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Window Unit(s)

Other

Directions Information:

  • Directions: From US 27 N, Take TN-153 S/Dayton exit toward Chickamauga Dam, Turn right on 153, Continue onto 153, Turn left onto Grubb Road .

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $1,749
  • 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

5864 Grubb Rd vs Chattanooga

7 DAYS ON ROCKET

-28 Days

$275,000

-$54.3K Less

$181/SqFt

-$18 Less

KEY TAKEAWAY

This property is $54.3K less than the Median Sold Price and $18/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: #1502706

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

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: 11/14/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 05, 2018Home Sold
$102,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,749$31,675
2019$875$31,675
2017$876$31,675

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-169385
5
/10

  • Hixson Elementary School

  • 5950 Winding Ln

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-169386
6
/10

  • Alpine Crest Elementary School

  • 4700 Stagg Rd

  • 2.37 miles

  • Public District Grades KG-5

school-card-donut-169387
7
/10

  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 2.63 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 $67,614. Typical income of Chattanooga, TN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5864 Grubb Rd

What is the listing price of this property?

The listing price of 5864 Grubb Rd property is $275,000.

What type of property is this?

The property 5864 Grubb Rd is a house located in Hixson, Tennessee, 37343.

Is this property for sale now?

Sale Pending: 5864 Grubb Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,749 (source: MLS/based on county public records data).

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

The last sale was on September 5, 2018 for $102,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5864 Grubb Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5864 Grubb Rd is 1,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5864 Grubb Rd is 1954.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37343›5864 Grubb Rd

This home is located at 5864 Grubb Rd in Hixson, TN and zip code 37343 in the Kingsridge neighborhood. This 1,516 square foot home, which was built in 1954, sits on a 0.78 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $275,000.

Chattanooga, TN housing market in October 2024 saw over 54 listings sold above listed price, more than 108 sold at listed price and over 181 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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