For sale

$395,000

111 Magnolia Dr, Benton, TN 37307

3beds

1,900sqft

$2,401/mo

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Single Family Residence

Built in 1963

3.6 Acres Lot

$357,600 Zestimate^®

$208/sqft

$-- HOA

What's special

Don't miss your chance to own this little piece of paradise in Polk Co! Come check out this 3.6 acres and see just how private in-town living can feel. This is truly a special little hamlet in the heart of Benton, TN. Just off 411 and just minutes to the Hiwassee or the Ocoee, local farmer's market, local hiking and biking. Just as close to the fast growing Cleveland and only 30 minutes to Chattanooga. Truly a perfect location! You will not be disappointed.

3 days
361
34

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Description: Full Bathroom
Level: First

Bedroom

Description: Full Bathroom
Level: First

Bedroom

Description: Full Bathroom
Level: First

Dining room

Level: First

Kitchen

Level: First

Living room

Level: First

Utility room

Description: Laundry/Utility
Level: First

Workshop

Level: Basement

Heating

Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Water Heater, Oven, Refrigerator
Laundry: Electric Dryer Hookup, Inside, Main Level, Washer Hookup

Features

Ceiling Fan(s), Eat-in Kitchen
Flooring: Hardwood
Windows: Insulated Windows
Basement: Full,Unfinished
Number of fireplaces: 1
Fireplace features: Dining Room, Living Room, Wood Burning

Interior area

Total structure area: 1,900
Total interior livable area: 1,900 sqft
Finished area above ground: 1,900

Property

Parking

Total spaces: 1
Parking features: Circular Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
Attached garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio, Rear Porch, Porch - Screened
Exterior features: None
Pool features: None
Has spa: Yes
Spa features: See Remarks
Waterfront features: Creek

Lot

Size: 3.6 Acres
Dimensions: 3.6
Features: Gentle Sloping, Level, Private, Rolling Slope

Details

Additional structures: Garage(s), See Remarks
Parcel number: 035 041.00

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick
Foundation: Other
Roof: Metal

Condition

Updated/Remodeled
New construction: No
Year built: 1963

Utilities & green energy

Sewer: See Remarks, Septic Tank
Water: Public
Utilities for property: Electricity Connected, Sewer Available, Water Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Benton

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $267,300
Annual tax amount: $1,496
Date on market: 11/5/2026
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$357,600

$311,000 - $404,000

$2,014/mo

Price history

Date	Event	Price
11/6/2026	Listed for sale	$395,000+259.1%$208/sqft
Source: Greater Chattanooga Realtors #1545835 Report a problem
3/5/2012	Sold	$110,000-21.4%$58/sqft
Source: Greater Chattanooga Realtors #1157838 Report a problem
9/12/2011	Listed for sale	$139,900-1.5%$74/sqft
Source: RE/MAX Real Estate Professionals #163054 Report a problem
1/27/2011	Listed for sale	$142,000$75/sqft
Source: RE/MAX R. E. Professionals #163054 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,497 +1.4%	$66,825
2024	$1,477 +0.3%	$66,825
2023	$1,472 +11.2%	$66,825 +65.7%
2022	$1,323	$40,325
2021	$1,323	$40,325
2020	$1,323	$40,325
2019	$1,323 +0%	$40,325
2018	$1,323 +0%	$40,325 +12.1%
2017	$1,323 +37.2%	$35,975 +17.6%
2016	$965	$30,600
2015	$965 +0.2%	$30,600 0%
2014	$962	$30,606
2013	$962	$30,606
2012	--	$30,606 -23.7%
2011	$1,155	$40,117
2010	$1,155 +2.9%	$40,117
2009	$1,123 +0.2%	$40,117
2008	$1,121	$40,117
2007	--	$40,117 +46.4%
2006	$1,014 +15.3%	$27,400
2005	$880 +11.5%	$27,400
2004	$789	$27,400
2002	$789	$27,400 +22.2%
2001	--	$22,417 -75%
2000	--	$89,666

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 37307

Getting around

17 / 100

Car-Dependent

22 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Benton Elementary School
Grades: PK-5Distance: 0.3 mi
5/10
Chilhowee Middle School
Grades: 6-8Distance: 0.3 mi
5/10
Polk County High School
Grades: 9-12Distance: 1.9 mi

Schools provided by the listing agent

Elementary: Benton Elementary
Middle: Chilhowee Middle
High: Polk County High School

Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.