28 days on rocket

1561 Mercedes Ln Unit 1561, Ooltewah, TN, 37363

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
2 Full Baths
1,600 SqFt
$249/SqFt
House
Schools Nearby

Location

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1561 Mercedes Ln Unit 1561, Ooltewah$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, Attached, Main Level
Attached Garage2 spaces
Year Built2023
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1389579
Lot Size0.15 Acres
StatusActive

About 1561 Mercedes Ln Unit 1561

The Camden floor plan from Greentech Homes, located in the Hamilton on Hunter West community.Act now and choose your own selections!Estimated completion date: November 2024.This Camden floor plan is scheduled to start on this large homesite with wooded views, in Hamilton on Hunter, a beautifully designed community in Ooltewah just off Hunter Road. This walkable community is conveniently located minutes from the Ooltewah town center, East Brainerd, and Downtown Chattanooga.The Camden floor plan is one of our thoughtfully designed single-story charmers. True to an open-concept design, this rear-living home has your dream kitchen connecting to your large living room and well-lit dining area with seamless connectivity to the covered rear porch. The primary bedroom is conveniently positioned on the main floor and equipped with a great size primary bathroom and an amazing walk-in closet. The two guest bedrooms and guest bath are on the main level as well and conveniently located away from the primary bedroom. Call today to schedule a tour!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 2023
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Electric Water Heater
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Ceiling - 9 Ft or More, Ceiling - Cathedral, Ceiling - Specialty, Granite Counter Tops, Pantry, Walk-in Closet, Washer & Dryer Hookup

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Lawn Sprinklers

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, Attached, Main Level

Virtual/3D Tour

  • Virtual Tour: 1561 Mercedes Ln Unit 1561

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Hamilton County High School, Public District Grades 10-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Hunter Middle School, Public District Grades 6-8
  • Wallace A. Smith Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hunter Road, turn on to Steep Hill Drive, RIGHT on Klingler, RIGHT on Frankfurt, RIGHT on Mercedes Ln close to the cul-de-sac on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $249/SqFt
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Housing Market Comparison

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

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Ooltewah, TN

City

Med. Sold Price

$465K

Med. Price/SqFt

$196

Avg. Days On Market

45

# of Sold Homes

64

1561 Mercedes Ln Unit 1561 vs Ooltewah

28 DAYS ON ROCKET

-17 Days

$399,000

-$66K Less

$249/SqFt

+$53 More

KEY TAKEAWAY

This property is $66K less than the Median Sold Price and $53/SqFt more than other homes in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389579

Listing Office:

  • Office Name: Keller Williams Realty

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: 5/2/2024, 12:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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.

Elementary School

school-card-donut-4711076
8
/10

  • Wallace A. Smith Elementary School

  • 6930 Hunter Rd

  • 1.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4711077
7
/10

  • Hunter Middle School

  • 6810 Teal Ln

  • 1.31 miles

  • Public District Grades 6-8

High School

school-card-donut-4711078
4
/10

  • Central High School

  • 5728 Highway 58

  • 2.02 miles

  • Public District Grades 9-12

school-card-donut-4711079
3
/10

  • Hamilton County High School

  • 9050 Career Ln

  • 4.71 miles

  • Public District Grades 10-12

school-card-donut-4711080
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 7.54 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,936. The majority of Ooltewah, TN residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1561 Mercedes Ln Unit 1561

What is the listing price of this property?

The listing price of 1561 Mercedes Ln Unit 1561 property is $399,000.

What type of property is this?

The property 1561 Mercedes Ln Unit 1561 is a house located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Active Listing: 1561 Mercedes Ln Unit 1561 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1561 Mercedes Ln Unit 1561 are:
Wallace A. Smith Elementary School: GreatSchools Rating 8/10
Hunter Middle School: GreatSchools Rating 7/10
Central High School: GreatSchools Rating 4/10
Hamilton County High School: GreatSchools Rating 3/10
STEM School Chattanooga: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1561 Mercedes Ln Unit 1561 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1561 Mercedes Ln Unit 1561 is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1561 Mercedes Ln Unit 1561 is 2023.

Rocket Homes›Tennessee›Hamilton County›Ooltewah›37363›1561 Mercedes Ln Unit 1561

This home is located at 1561 Mercedes Ln Unit 1561 in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This 1,600 square foot home, which was built in 2023, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $399,000.

Over 10 listings were sold over their listed price in April 2024 in Ooltewah, TN. In the same period over 25 listings were sold below the listed price and 29 listings were sold for the listed price. In April 2024 in Ooltewah, TN there were 7% more homes for sale than in March 2024. In April 2024 median list price was $465,000 and the average listing age was 45 days.

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

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