Welcome to 5818 Rainbow Springs-this great home is bathed in natural light from its walls of windows. The home offers an open, airy feel and a thoughtful layout designed for comfortable everyday living and effortless entertaining. Featuring 4 spacious bedrooms, the home provides plenty of room for family and guests alike. The main living area flows easily from the great room to the dining room and kitchen. The large owners suite is located on the main level. Upstairs you will find a great loft area and two additional bedrooms and a full bath. There is also a finished basement. Set in a beautiful, established neighborhood, this property offers privacy and community-perfect for morning or just relaxing at home. Make your appointment to see 5818 Rainbow Springs today. FHA Case #481-365269 This is a HUD owned property and all HUD homes are Sold As Is. For more information please visit www.olympusams-at.com or www.HudHomeStore.gov.
Sold for $475,000
$475,000
5818 Rainbow Springs Dr, Chattanooga, TN 37416
4beds
5,644sqft
Single Family Residence
Built in 1989
0.54 Acres Lot
$539,000 Zestimate®
$84/sqft
$3,295 Estimated rent
Home value
$539,000
$512,000 - $566,000
$3,295/mo
Zestimate® history
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List your homeWhat's special
Finished basementOpen airy feelBeautiful established neighborhood
Zillow last checked:
Listing updated:
Listed by:
Frances W Vantrease 423-421-3341,
RE/MAX Properties,
Beth Brock Dodson 423-421-3341,
RE/MAX Properties
Bought with:
Rana K Clark, 356685
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1529997
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: None
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Separate Shower, Tub/shower Combo, Separate Dining Room, Split Bedrooms
- Flooring: Carpet, Tile
- Basement: Finished,Full
- Number of fireplaces: 1
Interior area
- Total structure area: 5,644
- Total interior livable area: 5,644 sqft
- Finished area above ground: 3,787
Property
Parking
- Total spaces: 3
- Parking features: Garage, Garage Faces Side
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch, Porch - Screened
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: None
Lot
- Size: 0.54 Acres
- Dimensions: 99.71 x 136.93
Details
- Parcel number: 102p E 002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Curbs
- Subdivision: Eagle Bluff Ests
HOA
- Has HOA: Yes
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $730,800
- Annual tax amount: $2,737
- Date on market: 3/9/2026
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $475,000-12%$84/sqft |
Source: Greater Chattanooga Realtors #1529997 Report a problem | ||
| 3/11/2026 | Pending sale | $540,000$96/sqft |
Source: Greater Chattanooga Realtors #1529997 Report a problem | ||
| 3/9/2026 | Listed for sale | $540,000$96/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3146149 Report a problem | ||
| 12/20/2025 | Pending sale | $540,000$96/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3059472 Report a problem | ||
| 12/10/2025 | Price change | $540,000-10%$96/sqft |
Source: Greater Chattanooga Realtors #1522913 Report a problem | ||
| 10/24/2025 | Listed for sale | $600,000$106/sqft |
Source: Greater Chattanooga Realtors #1522913 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,778 +1.5% | $182,700 +49.8% |
| 2024 | $2,738 +0.3% | $121,975 |
| 2023 | $2,729 | $121,975 |
| 2022 | $2,729 | $121,975 |
| 2021 | $2,729 -8.6% | $121,975 +13% |
| 2020 | $2,986 | $107,975 |
| 2019 | $2,986 | $107,975 |
| 2018 | $2,986 | $107,975 |
| 2017 | $2,986 +0.8% | $107,975 |
| 2016 | $2,961 | -- |
| 2015 | $2,961 -0.3% | $107,075 |
| 2014 | $2,970 -46.4% | -- |
| 2013 | $5,538 | $107,075 -1.9% |
| 2012 | $5,538 | $109,150 |
| 2011 | $5,538 | $109,150 |
| 2010 | $5,538 +7.9% | $109,150 |
| 2009 | $5,135 | $109,150 +6.7% |
| 2008 | -- | $102,250 |
| 2007 | -- | $102,250 |
| 2006 | -- | $102,250 |
| 2005 | -- | $102,250 +14.4% |
| 2004 | -- | $89,350 |
| 2003 | -- | $89,350 |
| 2002 | -- | $89,350 |
| 2001 | -- | $89,350 +14.8% |
| 2000 | -- | $77,850 |
Find assessor info on the county website
Neighborhood: 37416
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Nearby schools
GreatSchools rating
- 2/10Harrison Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 5/10Brown Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Central High SchoolGrades: 9-12Distance: 2.2 mi
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
$539,000
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
$539,000
- Tennessee
- Hamilton County
- Chattanooga
- 37416
- 5818 Rainbow Springs Dr
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