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For sale
    • Price cut: $20K (6/3)
    $240,000

    5031 Highway 157, Rising Fawn, GA 30738

    4beds
    3,318sqft
    : 
    $1,525/mo
    Get pre-qualified
    Single Family Residence
    Built in 1977
    1.13 Acres Lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Serious investment potential here! Either to build equity while enjoying the mountain life, or as a rental property/whether short or long term! With Covenant College only 10-15 minutes away, this could be a major money maker as a student rental property! Lots of improvements made, but still some work to do. But there's so much potential! There are also multiple storage buildings. Come visit and see for yourself!
    183 days
    |
    796
    |
    64
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rodney G Cook 423-304-2116,

    Nu Vision Realty

    Source: Greater Chattanooga Realtors,MLS#: 1528076

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom
      • Level: First
      Bathroom
      • Level: Second
      Bathroom
      • Level: Second
      Other
      • Level: First
      Bonus room
      • Level: First
      Dining room
      • Level: First
      Family room
      • Level: Second
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Water Heater
      • Laundry: Laundry Room, Main Level
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Pantry, Tub/shower Combo, Separate Dining Room
      • Flooring: Carpet, Engineered Hardwood
      • Windows: Vinyl Frames, Window Coverings
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,318
      • Total interior livable area: 3,318 sqft
      • Finished area above ground: 3,318
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Patio, Porch, Porch - Covered
      • Exterior features: Outdoor Grill, Rain Gutters, Storage
      • Spa features: None
      Lot
      • Size: 1.13 Acres
      • Dimensions: 115 x 430
      • Features: Level, Rural
      Details
      • Additional structures: Outbuilding
      • Parcel number: 0009 006

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • Fixer,Updated/Remodeled
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Phone Available, Propane, Sewer Not Available, Water Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Rising Fawn

      Financial & listing details

      • Price per square foot: $72/sqft
      • Tax assessed value: $308,915
      • Annual tax amount: $2,308
      • Date on market: 2/6/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,789/mo

        Price history

        DateEventPrice
        6/3/2026Price change$240,000-7.7%$72/sqft
        Source: Greater Chattanooga Realtors #1528076 Report a problem
        4/15/2026Price change$260,000-5.5%$78/sqft
        Source: Greater Chattanooga Realtors #1528076 Report a problem
        2/6/2026Listed for sale$275,000-1.8%$83/sqft
        Source: Greater Chattanooga Realtors #1528076 Report a problem
        1/1/2026Listing removed$279,900$84/sqft
        Source: Greater Chattanooga Realtors #1517173 Report a problem
        10/27/2025Price change$279,900-3.4%$84/sqft
        Source: Greater Chattanooga Realtors #1517173 Report a problem
        9/4/2025Price change$289,900-3.3%$87/sqft
        Source: Greater Chattanooga Realtors #1517173 Report a problem
        8/7/2025Price change$299,900-3.3%$90/sqft
        Source: Greater Chattanooga Realtors #1517173 Report a problem
        7/22/2025Listed for sale$310,000-4.6%$93/sqft
        Source: Greater Chattanooga Realtors #1517173 Report a problem
        10/10/2024Listing removed$325,000$98/sqft
        Source: Greater Chattanooga Realtors #1500775 Report a problem
        9/27/2024Listed for sale$325,000+75.7%$98/sqft
        Source: Greater Chattanooga Realtors #1500775 Report a problem
        3/10/2021Sold$185,000$56/sqft
        Source: Greater Chattanooga Realtors #1324018 Report a problem
        2/12/2021Pending sale$185,000$56/sqft
        Source: Realty Center #1324018 Report a problem
        2/9/2021Contingent$185,000$56/sqft
        Source: Greater Chattanooga Realtors #1324018 Report a problem
        12/30/2020Price change$185,000-7.5%$56/sqft
        Source: Greater Chattanooga Realtors #1324018 Report a problem
        9/8/2020Listed for sale$199,900-9.1%$60/sqft
        Source: Berkshire Hathaway HomeServices Realty Center #1324018 Report a problem
        10/11/2019Listing removed$220,000$66/sqft
        Source: Berkshire Hathaway HomeServices Realty Center #1306323 Report a problem
        9/9/2019Listed for sale$220,000$66/sqft
        Source: Berkshire Hathaway HomeServices Realty Center #1306323 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,739 +4.2%$123,566 +8.7%
        2024$2,629 +3.7%$113,651 +6.4%
        2023$2,534 +41.3%$106,837 +20.5%
        2022$1,793 -11.4%$88,680 +23.4%
        2021$2,025 +16.8%$71,844 +23%
        2020$1,734 +0.8%$58,392
        2019$1,721 -10.6%$58,392
        2018$1,925 +15.4%$58,392 +17.3%
        2017$1,668 $49,800
        2016$1,668 +28.3%$49,800 +17.8%
        2015$1,300 +20.2%$42,264
        2014$1,081 $42,264 +0%
        2013$1,081 $42,263
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 30738

        Getting around

        6 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fairyland Elementary School
        • Middle: Chattanooga Valley Middle
        • High: Ridgeland 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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