new - 5 days on rocket

8832 Millard Lee Ln, Chattanooga, TN, 37416

$249,000

Home List Price

$2,957*

Closing Credit

0 Baths
1,440 SqFt
$173/SqFt
Multi

Location

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8832 Millard Lee Ln, Chattanooga$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage Faces Front
Attached Garage1 space
Year Built1987
HeatingCentral
CoolingCeiling Fan(s), Central Air
MLS #1504530
Lot Size0.49 Acres
StatusActive

About 8832 Millard Lee Ln

RARE OPPORTUNITY TO OWN A DUPLEX NEAR BOOKER T. WASHINGTON STATE PARK ENTRANCE! BOTH UNITS FOR SALE. Great investment property to add to your rental portfolio OR collect rental income on one unit and use the other unit as your primary residence. Exterior painted in the past year.. Each unit has one bedroom and one bath. Left unit (8834) has a long term tenant who is month to month. Some interior updates are underway in the left unit to include new vinyl flooring, bathroom vanity and fixtures and kitchen appliances with refrigerator. Two driveways serve the left unit. The right unit (8832) is recently vacated and move-in ready. Owner updated kitchen with new cabinets and appliances, bathroom vanity and fixtures and installed LVP flooring in kitchen, dining room and bath. The right unit has an oversized one-car garage with room for tools, exercise equipment or toys. Property has a private back yard and sits on a nice half-acre lot. All of this near the park with easy access to boating, fishing, camping and hiking!

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 1
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: The Group Real Estate Brokerage
  • Office Phone: (423) 531-9000

Interior Features

Interior Information:

  • Appliances: Water Heater, Refrigerator, Microwave, Electric Range, Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl, Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Laminate Counters, Open Floorplan

Exterior Features

Exterior Information:

  • Exterior: Gutters, Deck, Porch Front

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Garage Faces Front

Lot Features

Lot Information:

  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: TN-58 S, right on Champion Road, right on Blue Oak Dr, right on Millard Lee Ln. Duplex on left. Sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $894
  • 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

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

8832 Millard Lee Ln vs Chattanooga

5 DAYS ON ROCKET

-32 Days

$249,000

-$81K Less

$173/SqFt

-$28 Less

KEY TAKEAWAY

This property is $81K less than the Median Sold Price and $28/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: #1504530

Listing Office:

  • Office Name: The Group Real Estate Brokerage
  • Office Phone: (423) 531-9000

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: 12/17/2024, 11:51:07 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

Oct 08, 2021Home Sold
$180,000
May 09, 2012Home Sold
$74,125

Tax History

YEARPROP. TAXASSESSMENT
2020$894$31,680
2019$894$31,680
2017$894$31,680

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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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-4310476
2
/10

  • Harrison Elementary School

  • 5637 Highway 58

  • 1.60 miles

  • Public District Grades PK-5

school-card-donut-4310477
7
/10

  • Big Ridge Elementary School

  • 5210 Cassandra Smith Rd

  • 2.90 miles

  • Public District Grades KG-5

school-card-donut-4310478
4
/10

  • Bess T. Shepherd Elementary School

  • 7126 Tyner Rd

  • 3.66 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,145. Most Chattanooga, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37416›8832 Millard Lee Ln

This home is located at 8832 Millard Lee Ln in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This 1,440 square foot home, which was built in 1987, sits on a 0.49 acre lot. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $249,000.

In November 2024 more than 47 listings in Chattanooga, TN were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 195 were sold below. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. In November 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $330,018.

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

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