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For sale
  • $290,000

    503 Martin Luther King Jr Dr, Rockwood, TN 37854

    3beds
    1,810sqft
    : 
    $1,730/mo
    Get pre-qualified
    Single Family Residence
    Built in 1977
    0.38 Acres Lot
    $280,100 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Welcome home to this beautifully renovated 3-bedroom, 2-bath home in Rockwood, tucked between the Cumberland Plateau and the shores of Watts Bar Lake. The kitchen has been refreshed with refinished cabinetry, new countertops, a new sink and faucet, and a newly added dishwasher. Both bathrooms have been fully renovated with new vanities, toilets, fixtures, and tub/shower enclosures. New waterproof LVP flooring runs throughout the common areas, complemented by new high-quality, water-resistant carpet with moisture-resistant backing in every bedroom, plus new base molding throughout. Updated electrical includes modern switches, outlets, and light fixtures, plus new ceiling fans in all bedrooms. Old wood paneling has been removed and replaced with fresh drywall in the main living areas, and the home has new interior paint and trim throughout. Outside, the front porch and back deck have been rebuilt with new boards and railings, and landscaping has been refreshed with new mulch, a landscape barrier, and solar lighting. An outbuilding/shed on the property offers additional storage space. The location is a standout -- just steps from a community park featuring picnic tables, basketball courts, a children's playground, and restrooms, and within walking distance of Rockwood High School. Beyond the immediate neighborhood, Rockwood offers small-town charm with big appeal -- a walkable historic downtown with local shops, an old-fashioned soda fountain, and community events, plus easy access to Watts Bar Lake for boating and fishing and miles of nearby hiking trails. The seller is offering to contribute toward buyer closing costs and provide a 1-year home warranty for added peace of mind, and is motivated to work with a qualified buyer on a flexible closing timeline. Schedule your private showing today!
    11 days
    224
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Carey 423-618-3739,

    EXP Realty, LLC 888-519-5113,

    Julian Reed 732-556-5968,

    EXP Realty, LLC

    Source: Greater Chattanooga Realtors,MLS#: 1541269

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: First
      Bathroom
      • Level: Second
      Bathroom
      • Level: First
      Kitchen
      • Level: Second
      Laundry
      • Level: First
      Living room
      • Level: First
      Living room
      • Level: Second
      Office
      • Level: First
      Heating
      • Central, Ceiling
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator
      • Laundry: In Basement, Laundry Closet, Electric Dryer Hookup, Washer Hookup
      Features
      • Stone Counters, Tub/shower Combo
      • Flooring: Carpet, Luxury Vinyl
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,810
      • Total interior livable area: 1,810 sqft
      • Finished area above ground: 935
      • Finished area below ground: 875

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Driveway, Off Street
      • Carport spaces: 2
      Features
      • Levels: Bi-Level
      • Stories: 2
      • Patio & porch: Front Porch, Rear Porch
      • Exterior features: None
      Lot
      • Size: 0.38 Acres
      • Dimensions: 88 x 223.9
      • Features: Back Yard, Front Yard
      Details
      • Additional structures: Outbuilding, Shed(s), Storage
      • Parcel number: 054d B 011.02

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Split Level
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1977

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Park, Playground
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Rockwood

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $235,600
      • Annual tax amount: $1,224
      • Date on market: 8/21/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Concrete

        Estimated market value

        $280,100

        $266,000 - $294,000

        $1,771/mo

        Price history

        DateEventPrice
        8/21/2026Listed for sale$290,000-7.9%$160/sqft
        Source: Greater Chattanooga Realtors #1541269 Report a problem
        8/20/2026Listing removed--
        Source: Owner Report a problem
        8/9/2026Listed for sale$315,000$174/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        8/4/2026Pending sale$315,000$174/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        7/10/2026Price change$315,000-3.1%$174/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        7/6/2026Price change$325,000-4.4%$180/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        6/22/2026Price change$339,900-2.9%$188/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        6/18/2026Price change$349,900+7.7%$193/sqft
        Source: East Tennessee Realtors #1345029 Report a problem
        6/4/2026Listed for sale$325,000+150%$180/sqft
        Source: Owner Report a problem
        9/8/2025Sold$130,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,224 +11.2%$58,900 +80.5%
        2024$1,101 -0.4%$32,625
        2023$1,106 +3.9%$32,625
        2022$1,064 -2.1%$32,625
        2021$1,087 +0.1%$32,625
        2020$1,086 +9.3%$32,625 +18.7%
        2019$993 +2.8%$27,475
        2018$966 +39.8%$27,475
        2017$691 $27,475
        2016$691 $27,475
        2015$691 $27,475 -5%
        2013$691 $28,925
        2011-- $28,925 -2.8%
        2010$849 $29,750
        2009-- $29,750 +25.5%
        2008$803 $23,700
        2007$803 +6.9%$23,700
        2006$751 $23,700
        2005$751 -13.7%$23,700
        2004$871 +9.7%$23,700 +9.7%
        2003$794 $21,600 +10.1%
        2001-- $19,627 -75%
        2000-- $78,506
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37854

        Getting around

        36 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ridge View Elementary
        • Middle: Rockwood Middle
        • High: Rockwood 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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