5 months on rocket

7434 Savannah Dr, Ooltewah, TN, 37363

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,648 SqFt
$370/SqFt
House

Location

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7434 Savannah Dr, Ooltewah$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Garage, Garage Door Opener, Kitchen Level, Off Street, On Street
Attached Garage2 spaces
Year Built1976
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
BasementYes
WaterfrontLake Front, Lake Privileges, Navigable Water, River Access, River Front
FireplaceDen, Family Room, Recreation Room, Wood Burning
ViewMountain(s), Water, Other
MLS #1394302
Lot Size1.10 Acres
StatusActive

About 7434 Savannah Dr

Lake Dreams do come true, affordably true! Better than new construction, this three level waterfront home on Wolftever Lake of the Tennessee River has been completely remodeled from top to bottom. Purchased and custom renovated with top of the line finishes as a second home, the current owners have had a life change that makes weekend visits impractical. Banks of new windows spanning the back of the home at every level lead out to multiple covered and uncovered outdoor living spaces bringing the outdoors in and creating the absolute best lake retreat for your weekend get away or your permanent residence. Perfectly designed for more than one generation of comfortable living. Year round deep water fronts your property and is just out from the main channel of the Chickamauga on the Tennessee River where water activity and boating for all sizes is endless from your own backyard. This acre plus park-like setting is the perfect weekend waterfront escape for your family or multiple families to invest and enjoy Open living and dining spaces with double vaulted ceiling in the family room on the main level along with two guest bedrooms. The second level features private guest suite with loft area perfect for play, a quiet retreat from visiting guests or an office if you must keep your work close to home. All capturing the majestic splendor the deep water of Wolftever at the bend. A lower walk-out, abundant with daylight, lower level provides great rec space, media or game room and or a second family room with fourth guest suite. Life really is better on the lake so why not live your best life on a daily basis or replenish it every weekend in one of the best investments in home ownership, waterfront property. Property is approved for dock, existing dock needs to be replaced. Please do not walk on dock when touring property. With easy access to premium local dining and boutique shopping at Cambridge Square and less than 10 minutes to all the necessities, you won't want to miss this conveniently located escape to this Lakefront Home. No Place Like It!

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 3
  • Living Area: 3,648 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Breakfast Room, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, En Suite, High Ceilings, Separate Shower, Sitting Area, Tub/shower Combo, Walk-In Closet(s)
  • Fireplace: Den, Family Room, Recreation Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Lake Privileges, Navigable Water, River Access, River Front
  • View: Mountain(s), Water, Other
  • Exterior: Boat Dock, None, Porch/Covered, Deck, Porch Front, Patio, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level, Sloped, Split Possible, Waterfront, Wooded, Other
  • Lot Size: 1.10 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-75N, exit #11, turn left, turn right onto Mountain View, turn left onto Snow Hill Raod, turn left onto Kittrell, turn right onto Savannah

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $370/SqFt

Tax Information:

  • Annual Amount: $3,660
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$467.8K

Med. Price/SqFt

$201

Avg. Days On Market

40

# of Sold Homes

96

7434 Savannah Dr vs Ooltewah

153 DAYS ON ROCKET

+113 Days

$1,350,000

+$882.1K More

$370/SqFt

+$168 More

KEY TAKEAWAY

This property is $882.1K more than the Median Sold Price and $168/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: #1394302

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,660$132,050
2019$3,660$132,050
2017$3,660$132,050

History based on county public records data.

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$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-383815
5
/10
  • Snow Hill Elementary School

  • 9042 Career Ln

  • 1.90 miles

  • Public District Grades PK-5

school-card-donut-383816
8
/10
  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 2.77 miles

  • Public District Grades PK-5

school-card-donut-383817
7
/10
  • Ooltewah Elementary School

  • 8890 Snowy Owl Rd

  • 3.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,722. Residents of Ooltewah, TN typically earn between $100k-200k each year. The most common type of family is married, no kids. 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 7434 Savannah Dr

What is the listing price of this property?

The listing price of 7434 Savannah Dr property is $1,350,000.

What type of property is this?

The property 7434 Savannah Dr is a house located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Active Listing: 7434 Savannah 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 $3,660 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7434 Savannah Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7434 Savannah Dr is 3,648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7434 Savannah Dr is 1976.

Rocket HomesTennesseeHamilton CountyOoltewah373637434 Savannah Dr

This home is located at 7434 Savannah Dr in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This 3,648 square foot home, which was built in 1976, sits on a 1.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $1,350,000.

In October 2024 more than 13 listings in Ooltewah, TN were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 57 were sold below. Between September 2024 and October 2024, Ooltewah, TN real estate market has seen decrease in the number of listings by 0.7%. In October 2024 median list price was $467,826 and the average listing age was 40 days.

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

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