11 days on rocket

842 S Germantown Rd, Chattanooga, TN, 37412

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
1 Full Bath, 2 Partial
3,641 SqFt
$89/SqFt
House
Schools Nearby

Location

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842 S Germantown Rd, Chattanooga$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone, Off Street Parking
Year Built1900
HeatingCentral
CoolingCentral Air
BasementYes
MLS #1391640
Lot Size0.47 Acres
StatusActive

About 842 S Germantown Rd

Even though the property has been utilized as an office for many years, it presents a unique opportunity to convert it back to residential, continue to use it as an office, or customize it for both, as a work/life property. This property combines the best of both worlds - offering the tranquility of residential living with the convenient proximity of retail and services.This property was recently purchased by a non-profit organization to be renovated and used as a school but they found another building that is larger and currently used as a pre-school, so they are able to occupy it immediately. This creates a fantastic opportunity for an investor or business owner to purchase a property at a great price with significant upside potential. Most of the interior has been stripped down to the wall studs and some walls have been completely removed. This provides a blank canvas for customization, allowing the new owner to tailor the space according to their needs or preferences, whether it will be for their own use, for a new tenant, or to divide it for multiple tenants or sharing space with others.The property's suitability for traditional offices or open concept layouts widens its appeal to a diverse range of uses and tenants.Survey and Architectural Drawings Available: Having these documents readily available may streamline the renovation process, provide clarity for potential buyers and tenants, and significantly reduce the renovation cost.Income Generation Potential: The ability to divide the building into multiple units offers the flexibility to generate rental income while still having space for the owner's use or until owner's business grows to utilize the entire building.Large Parking Lot and Land to Expand: Approximately half an acre.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level, Site Built
  • Year Built: 1900
  • Living Area: 3,641 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Interior: Attic Storage - Walkout

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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
  • Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
  • East Ridge Middle School, Public District Grades 6-8
  • East Ridge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-75, take the Ringgold Road exit headed West, take a right at South Germantown Road. The property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $3,281
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

842 S Germantown Rd vs Chattanooga

11 DAYS ON ROCKET

-13 Days

$325,000

-$2.2K Less

$89/SqFt

-$105 Less

KEY TAKEAWAY

This property is $2.2K less than the Median Sold Price and $105/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1391640

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: 5/20/2024, 12:20:31 AM 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$3,281$73,440
2019$3,281$73,440
2017$3,281$73,440

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-4004623
3
/10
  • East Ridge Elementary School

  • 1014 John Ross Rd

  • 0.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4004624
3
/10
  • East Ridge Middle School

  • 4400 Bennett Rd

  • 1.33 miles

  • Public District Grades 6-8

High School

school-card-donut-4004625
3
/10
  • East Ridge High School

  • 4320 Bennett Rd

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-4004626
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.80 miles

  • Public District Grades 6-12

school-card-donut-4004627
9
/10
  • Hamilton County Middle College High School At Chattanooga S

  • 4501 Amnicola Hwy

  • 6.75 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,318. Residents of Chattanooga, TN typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 842 S Germantown Rd

What is the listing price of this property?

The listing price of 842 S Germantown Rd property is $325,000.

What type of property is this?

The property 842 S Germantown Rd is a house located in Chattanooga, Tennessee, 37412.

Is this property for sale now?

Active Listing: 842 S Germantown Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 842 S Germantown Rd are:
East Ridge Elementary School: GreatSchools Rating 3/10
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
Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,281 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 842 S Germantown Rd has 4 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 842 S Germantown Rd is 3,641 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 842 S Germantown Rd is 1900.

Rocket HomesTennesseeHamilton CountyChattanooga37412842 S Germantown Rd

This home is located at 842 S Germantown Rd in Chattanooga, TN and zip code 37412. This 3,641 square foot home, which was built in 1900, sits on a 0.47 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $325,000.

In April 2024, from all listings sold in Chattanooga, TN there were more than 96 sold above asking price, over 140 sold below and more than 126 were sold right at the asked price. The inventory of homes for sale in Chattanooga, TN between March 2024 and April 2024 increased by 4%. Listings spent 24 days on the market in April 2024, and had a median list price of $327,210 during the same period.

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

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