3 months on rocket

5921 Rainbow Springs Dr, Chattanooga, TN, 37416

$371,500

Home List Price

$4,412*

Closing Credit

2 Bedrooms
2 Full Baths
1,888 SqFt
$197/SqFt
Townhouse

Location

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5921 Rainbow Springs Dr, Chattanooga$371,500

Buyer Closing Credits

$4,412*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway, Garage, Garage Door Opener, Kitchen Level, Off Street
Attached Garage2 spaces
Year Built1989
HeatingOther, Natural Gas
CoolingCeiling Fan(s), Dual, Electric
FireplaceGas Log, Gas Starter, Great Room, Living Room
ViewMountain(s), Water
MLS #1399137
StatusActive

About 5921 Rainbow Springs Dr

Major Price Reduction! Very Motivated Seller has purchased another home. Come see this immaculate, well-maintained, one level Townhome located in beautiful Eagle Bluff Subdivision. You don't want to miss it! As you enter, enjoy the lovely Lake Views from the side yard on the right. This lovely home has been updated throughout! The Eat-in Kitchen has been totally remodeled with Granite countertops, extensive counter space & decorative backsplash. Updated Custom cabinets with pull-out drawers and Pantry. Under counter lighting & recessed lights have been added. Plenty of space in the huge kitchen for a Breakfast Table. In addition, there is a separate Dining Room! This Home offers 2 Master Suites with both having Walk-in closets! Very unique. The Great Room is large with a beautiful Gas Log Fireplace and upgraded gas logs. Adjoining is the Multi-Purpose, Large Sunroom which flows into a very roomy Screened Porch-Screen Shades are included! Perfect for enjoying evenings viewing the beautiful sunset over the ridge. There have been updates in all the rooms. Engineered Hardwood Flooring has been added in the main living area & Wainscoting has been installed in Hallway.! Many more updates have been done-attached list in documents & placed in home! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,888 SqFt

Listing Office:

  • Office Name: Crye-Leike, REALTORS
  • Office Phone: (423) 870-5202

Interior Features

Interior Information:

  • Appliances: Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Freezer, Electric Range, Dryer, Disposal, Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Nook, Ceiling Fan(s), Chandelier, Connected Shared Bathroom, Crown Molding, Eat-in Kitchen, En Suite, Granite Counters, High Ceilings, High Speed Internet, Pantry, Recessed Lighting, Separate Dining Room, Separate Shower, Tub/shower Combo, Vaulted Ceiling(s), Walk-In Closet(s), Whirlpool Tub
  • Fireplace: Gas Log, Gas Starter, Great Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), Water
  • Exterior: Courtyard, Lighting, None, Porch, Porch/Covered, Porch/Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener, Kitchen Level, Off Street

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: Ceiling Fan(s), Dual, Electric

Other

Directions Information:

  • Directions: Highway 58 to Hickory Valley Rd turn left onto it. Follow until Vincent Rd. Turn left & follow Vincent to entrance into Eagle Bluff Subdivision. Follow River Run Dr. to Rainbow Springs Dr. Turn right. After passing the large family homes, look for the Townhomes. 5921 is on the left, shortly after entering the Townhome area.

Price Information

Listing Price Info

Price Summary:

  • List Price: $371,500
  • Price Per SqFt: $197/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,640
  • Tax Year: 2020
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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

5921 Rainbow Springs Dr vs Chattanooga

99 DAYS ON ROCKET

+62 Days

$371,500

+$41.4K More

$197/SqFt

-$4 Less

KEY TAKEAWAY

This property is $41.4K more than the Median Sold Price and $4/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: #1399137

Listing Office:

  • Office Name: Crye-Leike, REALTORS
  • Office Phone: (423) 870-5202

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, 2:21:08 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

Aug 23, 1999Home Sold
$132,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,640$59,000
2019$1,640$59,000
2017$1,640$59,000

History based on county public records data.

Payment Calculator

$1,942

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,180

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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-990618
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 2.23 miles

  • Public District Grades PK-5

school-card-donut-990619
7
/10
  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.32 miles

  • Public District Grades KG-5

school-card-donut-990620
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 3.75 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. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5921 Rainbow Springs Dr

What is the listing price of this property?

The listing price of 5921 Rainbow Springs Dr property is $371,500.

What type of property is this?

The property 5921 Rainbow Springs Dr is a townhouse located in Chattanooga, Tennessee, 37416.

Is this property for sale now?

Active Listing: 5921 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 $1,640 (source: MLS/based on county public records data).

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

The last sale was on August 23, 1999 for $132,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5921 Rainbow Springs Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5921 Rainbow Springs Dr is 1,888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5921 Rainbow Springs Dr is 1989.

Rocket HomesTennesseeHamilton CountyChattanooga374165921 Rainbow Springs Dr

This home is located at 5921 Rainbow Springs Dr in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This 1,888 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $371,500.

Chattanooga, TN housing market in November 2024 saw over 47 listings sold above listed price, more than 89 sold at listed price and over 195 sold below. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 37 days, the median list price was $330,018.

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

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