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Sold for $1,000,000
  • $1,000,000

    824 Fortunate Way, Hixson, TN 37343

    3beds
    2,328sqft
    Single Family Residence
    Built in 2014
    8 Acres Lot
    $782,800 Zestimate®
    $430/sqft
    $2,380 Estimated rent

    Home value

    $782,800

    $720,000 - $845,000

    $2,380/mo

    Zestimate® history
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    What's special

    Welcome to 824 Fortunate Way: 8 beautiful, flat acres in Falling Water, TN just 15 minutes from downtown Chattanooga. This property has already been subdivided and perc (soil) tested if the new owner wishes to build another structure on the property! 5 acres including the home, creek and garage/workshop are also available for $799,900 (MLS #1394473). Fortunate Way is the definition of a serene retreat: sit on your covered front porch to hear only the sounds of the birds, wind chimes and creek flowing through the back of the property. This property is not within city limits therefore allowing livestock. Build your dream garden or have your ideal land for animals while being close to everything in town. Built in 2014 and offering all one-level living, this home has 3 bedrooms, 2 bathrooms and an open living/dining room combo perfect for entertaining. Some amazing features of this property include: climate controlled attic storage that runs almost the entire length of the house; a storm shelter below the floor of the laundry room; tankless instant-on water heaters that conserves energy and provides abundant hot water; multiple frost-free fire hydrants spread through the property; shaded trails throughout the property that provide a park-like setting for walks, extensive/unique landscaping with trees and shrubs as well as river rock obtained from the property. One important thing to note about this unique property is the layout/design and floor plan: it was built based on passive solar design which lowers energy consumption and keeps utility bills at a minimum. The home was built with Structural Insulated Panels which contribute to the energy efficiency and creates a highly insulated space as well as climate-controlled attic storage space. The solar panels on the roof generate electricity which is sold back to the power board each month. This offsets energy costs and results in a financial gain each month. The owner is in Year 10 of 20 Year contract with EPB.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chloe Tiano 423-637-5199,

    Real Estate Partners Chattanooga LLC

    Bought with:

    Chloe Tiano, 359212

    Real Estate Partners Chattanooga LLC

    Source: Greater Chattanooga Realtors,MLS#: 1398870

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Multi Units
    Appliances
    • Included: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Granite Counters, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s)
    • Flooring: Tile
    • Windows: Insulated Windows
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,328
    • Total interior livable area: 2,328 sqft
    • Finished area above ground: 2,328

    Property

    Features
    • Levels: One
    • Patio & porch: Porch, Porch - Covered
    • Exterior features: Lighting
    • Has view: Yes
    • View description: Creek/Stream, Mountain(s), Other
    • Has water view: Yes
    • Water view: Creek/Stream
    Lot
    • Size: 8 Acres
    • Features: Level
    Details
    • Additional structures: Barn(s), Gazebo, Outbuilding
    • Parcel number: 081 048

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2014

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Underground Utilities
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Hixson
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional,Owner May Carry,VA Loan

    Price history

    DateEventPrice
    12/18/2024Sold$1,000,000-16.7%$430/sqft
    Source: Greater Chattanooga Realtors #1398870 Report a problem
    10/14/2024Contingent$1,200,000+54.8%$515/sqft
    Source: Greater Chattanooga Realtors #1398870 Report a problem
    9/16/2024Price change$775,000-35.4%$333/sqft
    Source: Greater Chattanooga Realtors #1394473 Report a problem
    9/7/2024Price change$1,200,000+50%$515/sqft
    Source: Greater Chattanooga Realtors #1398870 Report a problem
    6/28/2024Listed for sale$799,900+627.2%$344/sqft
    Source: Greater Chattanooga Realtors #1394473 Report a problem
    2/6/2013Sold$110,000+93%$47/sqft
    Source: Public Record Report a problem
    5/19/1999Sold$57,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,375 +28.4%$156,125 +89.7%
    2024$1,850 -10%$82,300 -10.1%
    2023$2,057 $91,525
    2022$2,057 +0.4%$91,525
    2021$2,048 +14.9%$91,525 +42%
    2020$1,782 $64,450
    2019$1,782 $64,450
    2018$1,782 -0.5%$64,450
    2017$1,791 +1.1%$64,450
    2016$1,772 --
    2015$1,772 -12.3%$73,025
    2014$2,019 --

    Find assessor info on the county website

    Neighborhood: Falling Water

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Middle Valley Elementary
    • Middle: Red Bank Middle
    • High: Red Bank 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
    $782,800
    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
    $782,800