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Image 1 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 2 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 3 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 4 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 5 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 6 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 7 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Image 8 - 7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA - House for sale

Residential

7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA

Residential

house for sale

11 views

Listed: 02/13/23

7792 Shallowford Road, Drake Forest, Chattanooga, TN 37421, USA

Studio Bed:

1 Bath:

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Price

$ 1,2M

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About This House

Huge Price Reduction. Previous Land use was for church for many years. Property Taxes have not been assessed since church was exempt. Would require rezoning to meet desired use. Ideal Church site. Adjoins Church Property to Right, Residential to Back, and Assisted Living Facility to Left. No Survey Available. Previous buildings have been removed. Back half is wooded. Not in Flood Plain. Sewer, Electricity, Water, Cable, Gas at street. Would be great location for Townhomes or Apartment Complex. Ideal Location for Church Site. (subject to rezoning and Planning Commission approval)

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Chattanooga Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$294,526 (0%)
Mar 2024	$294,526 (0%)
Feb 2024	$294,526 (0%)
Jan 2024	$294,526 (+17.8%)
Dec 2023	$249,916 (-22%)
Nov 2023	$320,498 (+6.5%)

In April 2024, the asking price for 2 bed houses for sale in/near Chattanooga, United States averaged $294,526, staying on the same level compared to the previous month.

Median price trends for properties for sale in Chattanooga, United States as of April 2024.

Household Income

Median household income: $41,911

Number of households: 71,190

The average household income in Chattanooga, TN grew from $41,278 to $41,911 in the past year. This data is an estimate based upon 71,190 households in Chattanooga, TN.
The chart below presents how household income is distributed in Chattanooga, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chattanooga, TN compared to median property taxes around the country. The prevalent amount of property taxes in Chattanooga, TN equals $800-$1,500 , which is less than the national average.