4 months on rocket

7241 Lakeshore Dr, Chattanooga, TN, 37416

$525,000

0.83 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontMarina in Community
ViewOther
MLS #1394971
Lot Size0.83 Acres
StatusActive

About 7241 Lakeshore Dr

Welcome to your dream lakefront lifestyle at this exceptional lot in the heart of an exclusive neighborhood! Positioned as the last available lakefront lot within the community, this prime piece of real estate is eagerly awaiting the construction of your perfect lakefront home. Situated adjacent to the community lot, convenience meets luxury with direct access to a boat ramp and a boat dock equipped with covered slips. Imagine the ease of launching your boat for a day on the water or enjoying a serene sunset cruise right from your doorstep. As you envision your future home, take in the breathtaking views that stretch across the tranquil waters, offering a picturesque backdrop that changes with the seasons. Privacy is assured with strategically planted trees that not only enhance seclusion but also add to the natural beauty of the surroundings. Located in a coveted neighborhood known for its upscale homes and community spirit, this lot promises not only a peaceful retreat but also the opportunity to become part of a vibrant lakefront community. Don't miss out on this rare chance to build your lakefront oasis. Contact us today to schedule a visit and begin planning your future in this unparalleled setting. Your lakefront paradise awaits!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1800

Exterior Features

Exterior Information:

  • Waterfront: Marina in Community
  • View: Other
  • Exterior: Boat Slip, Boat Dock

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot, Other, Cleared
  • Lot Size: 0.83 Acres

Other

Directions Information:

  • Directions: From I-75 S, take Exit 4 for TN-153 N. Take Exit 5A to merge onto TN-58 N. Left onto N Hickory Valley Rd. Right onto Harrison Pike. Right onto Lakeshore Dr. The site for your dream lake home will be on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

HOA Fees:

  • Amount: $400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,901
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

7241 Lakeshore Dr vs Chattanooga

142 DAYS ON ROCKET

+107 Days

$525,000

+$195.6K More

KEY TAKEAWAY

This property is $195.6K more than the Median Sold Price in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1394971

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1800

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, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,901$68,750
2019$1,901$68,750
2017$1,901$68,750

History based on county public records data.

Payment Calculator

$2,721

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

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-397201
2
/10
  • Harrison Elementary School

  • 5637 Highway 58

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-397202
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 3.17 miles

  • Public District Grades PK-5

school-card-donut-397203
7
/10
  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 3.76 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,929. Residents of Chattanooga, TN typically earn between $35k-100k each year. The most common type of family 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 7241 Lakeshore Dr

What is the listing price of this property?

The listing price of 7241 Lakeshore Dr property is $525,000.

What type of property is this?

The property 7241 Lakeshore Dr is land located in Chattanooga, Tennessee, 37416.

Is this property for sale now?

Active Listing: 7241 Lakeshore 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 $1,901 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7241 Lakeshore Dr is 0.83 acres.
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Rocket HomesTennesseeHamilton CountyChattanooga374167241 Lakeshore Dr

This home is located at 7241 Lakeshore Dr in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This home sits on a 0.83 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $525,000.

In October 2024, from all listings sold in Chattanooga, TN there were more than 54 sold above asking price, over 181 sold below and more than 108 were sold right at the asked price. 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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