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7116 Garfield Rd, Harrison, TN, 37341

$415,000

Home List Price

$4,928*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,404 SqFt
$296/SqFt
House

Location

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7116 Garfield Rd, Ooltewah$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Parking Lot
Garage2 spaces
Year Built1985
CoolingCentral Air
MLS #1503525
Lot Size7.90 Acres
StatusActive

About 7116 Garfield Rd

Fixer Upper on 7.9 Acres Near Harrison Bay - Builder's Dream! This 7.9-acre property, less than a mile from Harrison Bay, offers excellent development potential. The existing home features 3 comfortable bedrooms, 2 bathrooms, a spacious living room, and a good-sized kitchen and dining area. The property also includes a detached 2-car garage and a manufactured home, but please note the seller does not guarantee the condition of the manufactured home as it has not been occupied for over a year. The property is on septic, with no sewer available, and is perfect for residential development, with potential for multiple home sites or a small subdivision. Enjoy a great backyard retreat, ideal for entertaining. Located near Cambridge Square and Harrison Bay, this property combines privacy with convenience. Don't miss out on this prime opportunity to invest in a rapidly growing area. Contact us today to schedule a viewing!

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 1,404 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 7.90 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Ooltewah Hunter Road-Left on Garfield Road-Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $296/SqFt

Tax Information:

  • Annual Amount: $1,002
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$464.6K

Med. Price/SqFt

$201

Avg. Days On Market

37

# of Sold Homes

100

7116 Garfield Rd vs Ooltewah

31 DAYS ON ROCKET

-6 Days

$415,000

-$49.6K Less

$296/SqFt

+$95 More

KEY TAKEAWAY

This property is $49.6K less than the Median Sold Price and $95/SqFt more than other homes in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1503525

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

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, 9:21:08 AM 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$1,002$35,900
2019$1,001$35,900
2017$1,002$35,900

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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-934831
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-934832
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 1.64 miles

  • Public District Grades PK-5

school-card-donut-934833
4
/10
  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 4.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,534. Typical income of Ooltewah, TN residents is between $35k-100k annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7116 Garfield Rd

What is the listing price of this property?

The listing price of 7116 Garfield Rd property is $415,000.

What type of property is this?

The property 7116 Garfield Rd is a house located in Harrison, Tennessee, 37341.

Is this property for sale now?

Active Listing: 7116 Garfield 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 $1,002 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7116 Garfield Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7116 Garfield Rd is 1,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7116 Garfield Rd is 1985.

Rocket HomesTennesseeHamilton CountyOoltewah373417116 Garfield Rd

This home is located at 7116 Garfield Rd in Harrison, TN and zip code 37341 in the Ooltewah / Summit neighborhood. This 1,404 square foot home, which was built in 1985, sits on a 7.90 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $415,000.

In November 2024 more than 23 listings in Ooltewah, TN were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 52 were sold below. The number of homes for sale in Ooltewah, TN decreased by 16.1% between October 2024 and November 2024. In November 2024 median list price was $464,648 and the average listing age was 37 days.

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

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