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Sold for $330,000
  • $330,000

    5023 Mimosa Trl, Chattanooga, TN 37416

    4beds
    3,105sqft
    Single Family Residence
    Built in 1966
    0.28 Acres Lot
    $330,100 Zestimate®
    $106/sqft
    $2,455 Estimated rent

    Home value

    $330,100

    $314,000 - $347,000

    $2,455/mo

    Zestimate® history
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    What's special

    Welcome to 5023 Mimosa Trail, a one-of-a-kind tri-level home offering over 3,000 sq ft of space, character, and craftsmanship. Built in 1966 as one of the first homes in the Mimosa Park neighborhood, this property sits proudly on a corner lot surrounded by mature landscaping, including crepe myrtles and magnolia trees. Featuring 4 bedrooms, 2 full baths, 2 half baths, 2 living areas, a spacious dining room that can easily seat 16-20 with a fireplace, a solarium, a laundry room, and a finished lower level with a an office space, a bedroom, access to the back yard and outdoor covered patio, and a full bathroom with a soaking clawfoot tub. Ample closets, nice sized rooms. This home is designed for those that love large gathering spaces, for both comfort and entertaining. Lovingly cared for by its original owner, Ruby Mae Gibbs--a Chattanooga legend who cared for over 20 foster children and her own children and still made time to landscape, to cook for everyone, to be a good neighbor and steward of her land, and she taught us all how to live a full and gracious life. Every corner reflects care and pride. Make an appointment to see today. Estate sale to be in late May. Home is being sold AS-IS. Appraised October 2025 at $340,000. Offer(s) including contents are being accepted. Please allow a 40-day closing for court approval. This is more than a home -- it's a legacy ready for its next chapter. Located in Mimosa Park right of Highway 58. Minutes from 153 and the lake. Close to everything and ready for its new life. Available now by appointment only. while house effects are being liquidated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erin Bolinger 423-298-6480,

    Zach Taylor - Chattanooga

    Bought with:

    Marcus Holt, 336668

    REAL Broker

    Source: Greater Chattanooga Realtors,MLS#: 1532523

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Double Oven, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Ice Maker, Microwave, Refrigerator, Range Hood
    • Laundry: Laundry Room, Main Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Pantry, Storage, Separate Shower, Tub/shower Combo, Sitting Area, Separate Dining Room, Plumbed
    • Flooring: Tile, Wood
    • Basement: Finished,Full
    • Has fireplace: Yes
    • Fireplace features: Basement, Dining Room, Propane
    Interior area
    • Total structure area: 3,105
    • Total interior livable area: 3,105 sqft
    • Finished area above ground: 2,105
    • Finished area below ground: 1,000

    Property

    Parking
    • Parking features: Driveway, Off Street
    Features
    • Levels: Tri-Level
    • Stories: 3
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Covered Courtyard, Garden, Lighting, Storage
    • Pool features: None
    • Spa features: None
    • Fencing: None
    Lot
    • Size: 0.28 Acres
    • Dimensions: 100 x 157.1
    • Features: Corner Lot, Greenbelt
    Details
    • Additional structures: Other, Storage
    • Parcel number: 120n E 012
    • Special conditions: Probate Listing
    • Other equipment: Call Listing Agent, Negotiable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Level
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Permanent
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Fire Alarm
    • Subdivision: Mimosa Park
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $304,200
    • Annual tax amount: $1,931
    • Date on market: 4/20/2026
    • Listing terms: Cash,Conventional
    • Inclusions: All appliances- Kitchen appliances, Refrigerator and Washer and Dryer and exterior shed- all convey.
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/2/2026Sold$330,000-2.9%$106/sqft
    Source: Greater Chattanooga Realtors #1532523 Report a problem
    5/5/2026Contingent$340,000$110/sqft
    Source: Greater Chattanooga Realtors #1532523 Report a problem
    4/20/2026Listed for sale$340,000$110/sqft
    Source: Greater Chattanooga Realtors #1532523 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,153 +19.7%$76,050 +76.7%
    2024$963 $43,050
    2023$963 $43,050
    2022$963 $43,050
    2021$963 +5%$43,050 +29.8%
    2020$917 $33,175
    2019$917 $33,175
    2018$917 -49%$33,175
    2017$1,799 +18.3%$33,175
    2016$1,521 --
    2015$1,521 $29,975
    2014$1,521 -2.9%--
    2013$1,567 $29,975 -2.9%
    2012$1,567 $30,875
    2011$1,567 $30,875
    2010$1,567 +7.9%$30,875
    2009$1,452 $30,875 +11%
    2008-- $27,825
    2007-- $27,825
    2006-- $27,825
    2005-- $27,825 +9.7%
    2004-- $25,375
    2003-- $25,375
    2002-- $25,375
    2001-- $25,375 +19.6%
    2000-- $21,225
    Find assessor info on the county website

    Neighborhood: Washington Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harrison Elementary
    • Middle: Brown Middle
    • High: Central 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.

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    Estimated market value
    $330,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $330,100