3 months on rocket

5914 Rainbow Springs Dr, Chattanooga, TN, 37416

$449,900

Home List Price

$5,343*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,575 SqFt
$175/SqFt
Townhouse

Location

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5914 Rainbow Springs Dr, Chattanooga$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage Door Opener, Garage Faces Front, Kitchen Level
Attached Garage2 spaces
Year Built1989
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
FireplaceGas Log, Great Room
ViewMountain(s), Water, Other
MLS #1397477
Lot Size0.17 Acres
StatusActive

About 5914 Rainbow Springs Dr

Welcome to your dream home in the highly sought-after Eagle Bluff community! This beautiful townhome offers stunning mountain and water views, visible from both the spacious upstairs deck and the cozy downstairs patio—perfect for relaxing or watching the deer roam. Step inside to an open floor plan bathed in natural light, featuring gorgeous Anderson Windows with plantation shutters that frame the breathtaking scenery. The great room invites you to unwind by the gas log fireplace, surrounded by gleaming hardwood floors, all while soaking in the panoramic views. The kitchen is a chef's delight, boasting an abundance of cabinetry, granite countertops, stainless steel appliances, an eating bar, and a wonderful breakfast area. Retreat to the expansive master bedroom, where you'll find more of those incredible views, plush carpet, and a beautifully designed custom closet. The screened-in porch and open deck are perfect for entertaining, offering ample space for family and friends to enjoy the serene surroundings. This easily maintainable townhome is the perfect blend of luxury and convenience in the desirable Eagle Bluff community—welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 2,575 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Signature Brokers
  • Office Phone: (423) 362-4444

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Breakfast Nook, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Primary Downstairs, Separate Dining Room, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
  • Fireplace: Gas Log, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s), Water, Other
  • Exterior: Deck, Patio, Porch, Porch/Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Garage Faces Front, Kitchen Level

Lot Features

Lot Information:

  • Lot: Split Possible
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Hwy 58 N. Left on Hickory Valley Rd, Right on Harrison Pike, Immediate Left Vincent, Right into Eagle Bluff, to R.Rainbow Springs

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $175/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,777
  • 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

5914 Rainbow Springs Dr vs Chattanooga

99 DAYS ON ROCKET

+64 Days

$449,900

+$120.5K More

$175/SqFt

-$24 Less

KEY TAKEAWAY

This property is $120.5K more than the Median Sold Price and $24/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: #1397477

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Signature Brokers
  • Office Phone: (423) 362-4444

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, 6:20:56 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

Mar 16, 2021Home Sold
$295,000
Dec 16, 2014Home Sold
$242,000
Aug 17, 1999Home Sold
$155,000
Jul 13, 1989Home Sold
$137,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,777$63,950
2019$1,777$63,950
2017$1,777$63,950

History based on county public records data.

Payment Calculator

$2,333

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-388679
2
/10

  • Harrison Elementary School

  • 5637 Highway 58

  • 2.18 miles

  • Public District Grades PK-5

school-card-donut-388680
7
/10

  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.35 miles

  • Public District Grades KG-5

school-card-donut-388681
8
/10

  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 3.71 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 $94,929. Most Chattanooga, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5914 Rainbow Springs Dr

What is the listing price of this property?

The listing price of 5914 Rainbow Springs Dr property is $449,900.

What type of property is this?

The property 5914 Rainbow Springs Dr is a townhouse located in Chattanooga, Tennessee, 37416.

Is this property for sale now?

Active Listing: 5914 Rainbow Springs Dr 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 $1,777 (source: MLS/based on county public records data).

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

The last sale was on March 16, 2021 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5914 Rainbow Springs Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5914 Rainbow Springs Dr is 2,575 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5914 Rainbow Springs Dr is 1989.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37416›5914 Rainbow Springs Dr

This home is located at 5914 Rainbow Springs Dr in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This 2,575 square foot home, which was built in 1989, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $449,900.

Over 54 listings were sold over their listed price in October 2024 in Chattanooga, TN. In the same period over 181 listings were sold below the listed price and 108 listings were sold for the listed price. The number of listings in Chattanooga, TN decreased by 0.3% between September 2024 and October 2024. 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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