5505 Alabama AVE, Chattanooga, TN 37409
5505 Alabama AVE, Chattanooga, TN 37409
5505 Alabama AVE, Chattanooga, TN 37409
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$499,900
Est. payment /mo
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3 Beds
3 Baths
1,904 SqFt
Price Dropped by $25K

5505 Alabama AVE Chattanooga, TN 37409

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,904 sqft

Price per Sqft $262

Subdivision Ward Bates & Bradfor

MLS Listing ID 1531933

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2021

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 50X212

Property Sub-Type Single Family Residence

Source Greater Chattanooga REALTORS®

Property Description

An assumable VA loan at 3.125% sets this home apart before you ever walk through the door. At today's rates, a buyer stepping into this loan saves approximately $900 per month -- over $10,700 per year -- compared to new financing. That's not a marketing claim, that's math. Contact the listing agent for full assumption details and lender referrals. Built in 2021 and owned by one family, this 3-bedroom, 2.5-bath home delivers the peace of mind of newer construction in the heart of historic St. Elmo -- not St. Elmo South. The open-concept main level features dark hardwood floors, a gray shaker kitchen with granite countertops, center island, and a professional-grade range hood that anchors the space. The primary suite is on the main level with a double vanity, walk-in shower, and direct access to the rear patio. Professionally staged and showing beautifully. Move-in ready. The Tennessee Riverwalk's 13-mile paved greenway connects St. Elmo directly to downtown Chattanooga, the new Erlanger Park ballpark, and the broader Riverpark corridor -- on foot or by bike. Steps from The Hot Chocolatier, the Incline Railway, and St. Elmo's walkable restaurant and retail corridor. Minutes from downtown Chattanooga and Lookout Mountain trailheads. If you have a VA-eligible buyer, this assumption is worth a serious conversation. All qualified buyers will be considered.

Location

State TN

County Hamilton

Area 0.25

Interior

Interior Features Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Split Bedrooms, Tub/shower Combo, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Tile

Fireplace No

Window Features Blinds,Drapes,Shades,Vinyl Frames

Appliance Microwave, Electric Range, Disposal, Dishwasher

Heat Source Central, Electric

Laundry Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Exterior

Exterior Feature Rain Gutters, Storage

Parking Features Driveway, Off Street, On Street

Garage Description Driveway, Off Street, On Street

Pool None

Community Features Street Lights

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Shingle

Porch Porch - Covered

Garage No

Building

Lot Description Near Public Transit

Faces From downtown, take Broad St. south to St. Elmo. Turn right on 47th and then left on Alabama. Home will be on the right. SOP

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Additional Building Shed(s)

Structure Type Shingle Siding,Other

Schools

Elementary Schools Donaldson Elementary

Middle Schools Lookout Valley Middle

High Schools Lookout Valley High

Others

Senior Community No

Tax ID 167o A 008

Acceptable Financing Cash, Conventional, FHA, VA Loan, Assumable

Listing Terms Cash, Conventional, FHA, VA Loan, Assumable

Special Listing Condition Standard


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by LPT Realty LLC

NEARBY SCHOOL & BUSINESS

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Emily Wattenbarger

Emily Wattenbarger

Agent | License ID: 365343

+1(423) 599-3933

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5505 Alabama AVE