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31 Minnekahda Pl, Chattanooga, TN, 37405

$9,500,000

16 Bedrooms
14 Full Baths
15,196 SqFt
$625/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, 3 Car Carport or more, Attached, Detached, Off Street Parking
Attached Garage2 spaces
Year Built1917
HeatingCentral, Electric, Natural Gas
CoolingMulti Unit(s), Central Air, Electric
BasementYes
FireplaceGas Logs, In Living Room
ViewCity, Mountain(s), Water, Trees/Woods
MLS #1389990
Lot Size3.30 Acres
StatusActive

About 31 Minnekahda Pl

Built in 1917 by the Patten family, this all brick, 15,196 +/- square foot home is strategically positioned a 3.3 +/- acre lot on one of Riverview's highest points with stunning views on 3 sides of downtown Chattanooga, the Tennessee River, and our local mountains. The family once owned the entire hill, and the original entry to the estate still stands as evidenced by the columns at the base of Minnekahda Pl near the entrance to Bright School. Long since developed into a desirable Riverview neighborhood, Minnekahda Pl culminates at the property and home site at the top of the hill with circular driveways both in front of the home and in back. Mature landscaping, a breezeway to a covered patio with stunning views and the columned covered front porch add to the stately and curb appeal. Once a grand single-family home, the building has 2 stories over a partially finished basement and is currently configured into 7 units, 5 with 2 bedrooms and 2 baths, and 2 with 3 bedrooms and 2 baths. All of the units have spacious rooms, wonderful natural lighting, and varying degrees of updating. You will love all of the features reminiscent of this era, including the tall ceilings, mostly hardwood and tile floors, glass doorknobs, many antique light fixtures, crown moldings, 5 fireplaces, original decorative radiator cabinetry and old-world charm. Some of the units have their own laundry hook-ups, and there is a common laundry room in the basement, along with extra storage and a 2-bay garage. Additional parking is offered by a detached carport, and there is plenty of room for additional off-street parking for residents or when entertaining guests. The property offers a unique opportunity to own an estate sized home with acreage in a highly desirable locale. The property is currently held as a coop with the current owner holding 100% of the shares; however, the status can be changed if preferred. Whether you are looking to keep the current ownership and apartment structure,

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level, Site Built
  • Year Built: 1917
  • Living Area: 15,196 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Oven, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood Floors, Hardwood Solid, Luxury Vinyl Planks, Tile
  • Interior: Attic Storage - Walkout, Ceiling - 9 Ft or More, Galley Kitchen, Granite Counter Tops, Laundry Closet, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup
  • Fireplace: Gas Logs, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 14
  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • View: City, Mountain(s), Water, Trees/Woods
  • Exterior: Patio/Deck Covered, Porch Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, 3 Car Carport or more, Attached, Detached, Off Street Parking

Lot Features

Lot Information:

  • Lot: City Lot, Level, Views, Wooded
  • Lot Size: 3.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Multi Unit(s), Central Air, Electric

School Info

Assigned Schools Information:

  • 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
  • STEM School Chattanooga, Public District Grades 9-10
  • Normal Park Museum Magnet School, Public Magnet Grades PK-8

Other

Directions Information:

  • Directions: From downtown Chattanooga, take Veterans Bridge to Barton Ave. Barton turns into Hixson Pike. Right on Minnekahda Place just before the entrance to Bright School. Property is at the end of the street at the top of the hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,500,000
  • Price Per SqFt: $625/SqFt

Tax Information:

  • Annual Amount: $35,030
  • 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

31 Minnekahda Pl vs Chattanooga

39 DAYS ON ROCKET

+15 Days

$9,500,000

+$9.1M More

$625/SqFt

+$431 More

KEY TAKEAWAY

This property is $9.1M more than the Median Sold Price and $431/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389990

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: 5/19/2024, 9:20:31 PM 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$35,030$691,725
2019$19,127$691,725
2017$19,128$691,725

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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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.

Middle School

school-card-donut-3951932
6
/10
  • Normal Park Museum Magnet School

  • 1219 W Mississippi Ave

  • 0.92 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-3951933
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 2.22 miles

  • Public District Grades 6-12

school-card-donut-3951934
9
/10
  • Hamilton County Middle College High School At Chattanooga S

  • 4501 Amnicola Hwy

  • 3.05 miles

  • Public District Grades 10-12

school-card-donut-3951935
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 3.05 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $157,308. Most Chattanooga, TN residents have annual incomes $200k+. The most common type of family is married, 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 31 Minnekahda Pl

What is the listing price of this property?

The listing price of 31 Minnekahda Pl property is $9,500,000.

What type of property is this?

The property 31 Minnekahda Pl is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 31 Minnekahda Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 31 Minnekahda Pl are:
Normal Park Museum Magnet School: GreatSchools Rating 6/10
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
STEM School Chattanooga: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $35,030 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 31 Minnekahda Pl has 16 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 31 Minnekahda Pl is 15,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31 Minnekahda Pl is 1917.
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Rocket HomesTennesseeHamilton CountyChattanooga3740531 Minnekahda Pl

This home is located at 31 Minnekahda Pl in Chattanooga, TN and zip code 37405 in the Riverview / Stuart Heights neighborhood. This 15,196 square foot home, which was built in 1917, sits on a 3.30 acre lot. Features: 16 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $9,500,000.

Over 96 listings were sold over their listed price in April 2024 in Chattanooga, TN. In the same period over 140 listings were sold below the listed price and 126 listings were sold for the listed price. In April 2024 in Chattanooga, TN there were 4% more homes for sale than in March 2024. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $327,210.

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

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