1340 Ely Rd Hixson, TN 37343
3
Beds
1
Bath
1,472
Sq Ft
0.3
Acres
Highlights
- Above Ground Pool
- Wood Flooring
- Covered patio or porch
- Deck
- No HOA
- Formal Dining Room
About This Home
As of May 2025Welcome to 1340 Ely Rd, Hixson, TN! This property offers 3 bedrooms, 1 bathroom, living room, kitchen, dining room, bonus/family room, and laundry room. Situated in an ideal location just off Hixson Pike Rd, minutes from HWY 153 and Dupont Parkway, making commuting to Chattanooga or Downtown a breeze. The home is mid-renovation and awaits your finishing touches after closing. Project Building materials, including many new fixtures, a stainless steel dishwasher, extra flooring, and other supplies, are on-site and will convey with the property.
Recent updates include freshly painted interior walls with smooth ceilings (no popcorn) and new wood front porch railing and back deck installed in 2024. Lots of original hardwood flooring and some new LVP started to be installed (NO CARPET). The bathroom has a new vanity ready to be installed and a shower with glass sliding door. Situated on a nearly 1/3-acre level lot, the property features a mostly fenced backyard and a 2-level storage building out back.
This is a fantastic opportunity for homeowners or investors. Whether you're looking to flip, create rental income, or customize your dream home, this project has a great ROI and equity potential. Don't miss your chance to invest in real estate in the sought-after Hixson, TN area at this price. Schedule your tour today!
The seller is offering a $490 First American One Year Home Warranty, if requested on an acceptable offer. Cash, Conventional, Renovation/Rehab loans welcome. Property is being sold ''as is''. Power is on and will be until closing. The water is off and will not be on for inspections or final walkthrough due to being vacant with low winter temps and renovations not being complete.
Last Agent to Sell the Property
Crye-Leike, REALTORS License #339222 Listed on: 01/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,428
Year Built
- Built in 1955
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x135
- Chain Link Fence
- Level Lot
- Cleared Lot
- Back Yard Fenced and Front Yard
Home Design
- Fixer Upper
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,472 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Free-Standing Electric Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Above Ground Pool
- Deck
- Covered patio or porch
- Shed
Schools
- Dupont Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Gray Laura Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 109l B 006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
May 28, 2025
Sold by
Wright Brandon and Wright Haven
Bought by
Miller William Dakota
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Properties
List Price
$297,500
Sold Price
$272,000
Premium/Discount to List
-$25,500
-8.57%
Views
101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.82%
Original Mortgage
$277,848
Outstanding Balance
$277,848
Interest Rate
6.83%
Mortgage Type
VA
Estimated Equity
-$16,433
Purchase Details
Listed on
Jan 9, 2025
Closed on
Feb 5, 2025
Sold by
Quinn Jennifer L
Bought by
Wright Brandon and Wright Haven
Seller's Agent
Erik Palmer
Crye-Leike, REALTORS
Buyer's Agent
Mac Hibbett
Crye-Leike, REALTORS
List Price
$189,000
Sold Price
$181,000
Premium/Discount to List
-$8,000
-4.23%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.06%
Purchase Details
Listed on
Jan 9, 2025
Closed on
Dec 19, 2024
Sold by
Quinn Jennifer L
Bought by
Quinn Jennifer L
Seller's Agent
Erik Palmer
Crye-Leike, REALTORS
Buyer's Agent
Mac Hibbett
Crye-Leike, REALTORS
List Price
$189,000
Sold Price
$181,000
Premium/Discount to List
-$8,000
-4.23%
Views
38
Purchase Details
Listed on
Jan 9, 2025
Closed on
Dec 18, 2024
Sold by
Malone Bobbie A
Bought by
Quinn Jennifer L
Seller's Agent
Erik Palmer
Crye-Leike, REALTORS
Buyer's Agent
Mac Hibbett
Crye-Leike, REALTORS
List Price
$189,000
Sold Price
$181,000
Premium/Discount to List
-$8,000
-4.23%
Views
38
Purchase Details
Closed on
Nov 3, 2000
Sold by
Rector Roger D
Bought by
Malone Bobbie A and Malone Robert K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,735
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $272,000 | Northshore Title | |
| Warranty Deed | $181,000 | Realty Title | |
| Warranty Deed | $181,000 | Realty Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $74,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $277,848 | VA | |
| Previous Owner | $17,056 | Construction | |
| Previous Owner | $86,700 | Fannie Mae Freddie Mac | |
| Previous Owner | $76,735 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $272,000 | +0.8% | $185 / Sq Ft |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | Price Changed | $269,900 | -3.6% | $183 / Sq Ft |
| 03/25/2025 03/25/25 | Price Changed | $279,900 | -5.9% | $190 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $297,500 | +64.4% | $202 / Sq Ft |
| 02/05/2025 02/05/25 | Sold | $181,000 | -4.2% | $123 / Sq Ft |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $189,000 | -- | $128 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $712 | $31,825 | $0 | $0 |
| 2023 | $712 | $31,825 | $0 | $0 |
| 2022 | $712 | $31,825 | $0 | $0 |
| 2021 | $712 | $31,825 | $0 | $0 |
| 2020 | $667 | $24,125 | $0 | $0 |
| 2019 | $667 | $24,125 | $0 | $0 |
| 2018 | $676 | $24,125 | $0 | $0 |
| 2017 | $667 | $24,125 | $0 | $0 |
| 2016 | $660 | $0 | $0 | $0 |
| 2015 | $1,327 | $23,875 | $0 | $0 |
| 2014 | $1,327 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mac Hibbett
Crye-Leike, REALTORS
(423) 596-3004
6 in this area
241 Total Sales
-
Seller's Agent in 2025
Erik Palmer
Crye-Leike, REALTORS
(706) 537-1300
1 in this area
55 Total Sales
-
Buyer's Agent in 2025
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Properties
(423) 280-2865
22 in this area
2,589 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1505413
APN: 109L-B-006
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