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8556 Festival Loop, Chattanooga, TN, 37419

$579,900

Home List Price

$6,886*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,150 SqFt
$270/SqFt
House

Location

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8556 Festival Loop, Chattanooga$579,900

Buyer Closing Credits

$6,886*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener, Garage Faces Rear, Kitchen Level, Off Street, On Street
Attached Garage2 spaces
Year Built2014
HeatingCentral, Electric, Heat Pump
CoolingCeiling Fan(s), Central Air, Electric
ViewMountain(s), Panoramic, Pond
MLS #1503240
Lot Size0.09 Acres
StatusActive

About 8556 Festival Loop

Located within the prestigious golf community of Black Creek, this immaculate 3 bedroom home in The Village of Festival Loop is just 10 minutes to downtown Chattanooga. The home features Primary en suite bedroom on the main level and two bedrooms, full bathroom and a finished bonus room upstairs. New exterior and interior paint throughout! You will love the open floorplan and numerous upgrades such as hardwood floors, granite counters and stainless appliances. A covered porch with roll down shades and a lovely view of the quad is accessible from the main living area and includes a Weber gas grill that is connected to gas line. The attached two car garage is off the laundry room and can be accessed via the private alley, with additional parking immediately behind. You will enjoy the huge advantage of living close to the ponds and spectacular hiking trails and the home's close proximity to the back entrance to Black Creek Chattanooga -- a master-planned golf community cradled in the mountains, with over 25 miles of private hiking and biking, beautifully landscaped streets and sidewalks, picnic areas and dog park. Residents have the option to join Black Creek Club for a separate fee, at different membership levels, to the golf course, clubhouse, pool, fitness center, tennis courts and much more. Schedule your tour of 8556 Festival Loop today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2014
  • Stories: 2
  • Living Area: 2,150 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Vented Exhaust Fan, Tankless Water Heater, Stainless Steel Appliance(s), Microwave, Gas Oven, Refrigerator, Gas Range, Disposal, Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Tub/shower Combo, Walk-In Closet(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Panoramic, Pond
  • Exterior: Gas Grill, Gutters, Porch/Covered, Porch Front

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: From downtown Chattanooga, take I-24 West. Take Exit 174 and turn right. Take a left just after TN Highway Patrol onto Cummings Rd. Turn right onto River Gorge into Black Creek Mountain. Home is on your left in The Village of Festival Loop. Park on street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,900
  • Price Per SqFt: $270/SqFt

HOA Fees:

  • Amount: $420
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,841
  • 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

8556 Festival Loop vs Chattanooga

1 DAY ON ROCKET

-34 Days

$579,900

+$250.5K More

$270/SqFt

+$71 More

KEY TAKEAWAY

This property is $250.5K more than the Median Sold Price and $71/SqFt more 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: #1503240

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: 11/15/2024, 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

Listing History

May 18, 2021Home Sold
$425,000
Apr 02, 2019Home Sold
$130,000
Sep 29, 2014Home Sold
$256,900
Sep 24, 2013Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,841$73,150
2019$2,022$73,150
2017$2,023$73,150

History based on county public records data.

Payment Calculator

$3,102

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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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-14333
8
/10

  • Lookout Mountain Elementary School

  • 321 N Bragg Ave

  • 2.90 miles

  • Public District Grades KG-5

school-card-donut-14334
6
/10

  • Lookout Valley Elementary School

  • 701 Browns Ferry Rd

  • 3.13 miles

  • Public District Grades PK-5

school-card-donut-14335
9
/10

  • Fairyland Elementary School

  • 1306 Lula Lake Rd

  • 3.28 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 $120,556. The most common annual income of people living in Chattanooga, TN is between $100k-200k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8556 Festival Loop

What is the listing price of this property?

The listing price of 8556 Festival Loop property is $579,900.

What type of property is this?

The property 8556 Festival Loop is a house located in Chattanooga, Tennessee, 37419.

Is this property for sale now?

Active Listing: 8556 Festival Loop 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 $3,841 (source: MLS/based on county public records data).

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

The last sale was on May 18, 2021 for $425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8556 Festival Loop has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8556 Festival Loop is 2,150 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8556 Festival Loop is 2014.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37419›8556 Festival Loop

This home is located at 8556 Festival Loop in Chattanooga, TN and zip code 37419 in the Lookout Valley / Lookout Mountain neighborhood. This 2,150 square foot home, which was built in 2014, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $579,900.

In October 2024 more than 54 listings in Chattanooga, TN were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 181 were sold below. In October 2024 in Chattanooga, TN there were 0.3% less homes for sale than in September 2024. Listings spent 35 days on the market in October 2024, and had a median list price of $329,348 during the same period.

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

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