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Backup Offers

1862 Addi Ln, Chattanooga, TN, 37421

$235,000

Home List Price

$2,791*

Closing Credit

1 Bedroom
2 Full Baths
1,100 SqFt
$214/SqFt
Townhouse
Schools Nearby

Location

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1862 Addi Ln, Chattanooga$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingMain Level, Off Street Parking
Year Built2024
HeatingElectric
CoolingMulti Unit(s), Electric
MLS #1389050
StatusAccepting Backup Offers
(Contingent)

About 1862 Addi Ln

Introducing Addison Place, a sophisticated and lively townhome community nestled in the heart of East Brainerd, Chattanooga, Tennessee. Perfectly situated directly opposite East Brainerd Elementary on Goodwin Road, this charming enclave promises an elevated living experience. Embrace a lifestyle of elegance and ease at Addison Place, where the hassle of exterior property maintenance is a thing of the past. Our townhomes are designed with a contemporary flair, offering a range of floor plans that include one, two, or three-bedroom options, each meticulously tailored to complement your modern lifestyle. Addison Place boasts an enviable location, seamlessly connecting you to a plethora of amenities. Revel in the convenience of being just moments away from the Hamilton Place Mall, a variety of healthcare facilities, esteemed educational institutions, and more. Discover the allure of Addison Place and how it redefines urban living. Contact us today to schedule your private tour of this exquisite community. Experience the epitome of comfort and convenience at Addison Place - your new home awaits. Special financing is available for this property. The lender will provide a buydown of 1% for one year off current rates for the buyer. The lender will provide specific rates and APRs for your client's particular situation based on their personal qualifications. Ask your agent for more details on this offer today!**PHOTOS USED ARE OF MODEL HOME.**

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Level, Site Built, Townhouse
  • Year Built: 2024
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices J Douglas Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl Planks
  • Interior: Granite Counter Tops, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio/Deck Covered, Porch Covered

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • East Ridge High School, Public District Grades 9-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • East Ridge Middle School, Public District Grades 6-8
  • Spring Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Beginning from I-75 N, take exit 4A to Gunbarrel Rd. Next, follow Goodwin Rd for approximately 0.5 miles until you reach Addi Ln. Your destination, 1994 Addi Ln, will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $214/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Annually
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$192

Avg. Days On Market

39

# of Sold Homes

388

1862 Addi Ln vs Chattanooga

32 DAYS ON ROCKET

-7 Days

$235,000

-$90.3K Less

$214/SqFt

+$22 More

KEY TAKEAWAY

This property is $90.3K less than the Median Sold Price and $22/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389050

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices J Douglas Properties

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: 4/27/2024, 3:25:15 AM 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

$1,340

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-998246
4
/10
  • Spring Creek Elementary School

  • 1100 Spring Creek Rd

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-998247
3
/10
  • East Ridge Middle School

  • 4400 Bennett Rd

  • 1.79 miles

  • Public District Grades 6-8

High School

school-card-donut-998248
3
/10
  • East Ridge High School

  • 4320 Bennett Rd

  • 1.82 miles

  • Public District Grades 9-12

school-card-donut-998249
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 6.41 miles

  • Public District Grades 6-12

school-card-donut-998250
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 8.00 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,128. Most Chattanooga, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1862 Addi Ln

What is the listing price of this property?

The listing price of 1862 Addi Ln property is $235,000.

What type of property is this?

The property 1862 Addi Ln is a townhouse located in Chattanooga, Tennessee, 37421.

Is this property for sale now?

Accepting Backup Offers: 1862 Addi Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1862 Addi Ln are:
Spring Creek Elementary School: GreatSchools Rating 4/10
East Ridge Middle School: GreatSchools Rating 3/10
East Ridge High School: GreatSchools Rating 3/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
STEM School Chattanooga: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1862 Addi Ln has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 1862 Addi Ln is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1862 Addi Ln is 2024.

Rocket HomesTennesseeHamilton CountyChattanooga374211862 Addi Ln

This home is located at 1862 Addi Ln in Chattanooga, TN and zip code 37421. This 1,100 square foot home was built in 2024. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $235,000.

Over 81 listings were sold over their listed price in March 2024 in Chattanooga, TN. In the same period over 199 listings were sold below the listed price and 108 listings were sold for the listed price. The inventory of homes for sale in Chattanooga, TN between February 2024 and March 2024 increased by 8.1%. In March 2024 median list price was $325,305 and the average listing age was 39 days.

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

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