$4,928

closing credit¹

502 Shannon Ave Chattanooga, TN 37411

$415,000
4 beds
3 full
2,225 sqft
0.3 acres
$187 / sqft
House

Property details

About 502 Shannon Ave

Welcome home to this thoughtfully designed 3-bedroom, 2-bath main house paired with a versatile 1-bedroom, 1-bath ADU (Accessory Dwelling Unit) in the backyard, offering endless opportunities for investors, extended families, or those looking for income potential. Nestled in a convenient Brainerd location near Shallowford Road and North Germantown Road, this property delivers modern comfort with a prime central setting. Enjoy the ease of one-level living in the main home, where handsome 7'' wide engineered luxury floors in the Titan Heritage Birch finish add warmth and sophistication throughout. The open-concept floor plan features a spacious living area, perfect for gathering, and a generous dining space that can easily accommodate a large table for hosting family and friends. The kitchen boasts stainless steel appliances, sleek granite countertops, and a large island with bar seating—ideal for both cooking and entertaining. A convenient laundry closet on the main level simplifies daily tasks. The primary suite is a true retreat, offering ample space, an en suite bathroom with a double vanity, a tub/shower combo with a tiled surround, and a walk-in closet complete with built-in shelving for all your storage needs. The additional bedrooms also include walk-in closets with built-in shelving, providing ample storage and organization for everyone. The shared bathroom features a double vanity and a tub/shower combo beautifully accented with a tile surround. For added convenience, there's a garage located below, offering extra storage and parking options. The brand-new ADU in the backyard provides flexibility and potential. With a comfortable living area, a fully equipped kitchen, and a cozy bedroom and bathroom, it's perfect as a guest house, in-law suite, or income-producing rental space. Situated just 15 minutes from downtown Chattanooga or Hamilton Place, this property ensures easy access to shopping, dining, and Brainerd amenities, combining convenience and charm. Whether you're an investor, multi-generational family, or a homeowner seeking extra income, this is the opportunity you've been waiting for. Schedule your showing today! Local lenders are preferred.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,225 sqft
Lot size0.34 Acres
Year builtNew Const., 2024
ParkingConcrete, Garage, Off Street
MLS #1504824
Attached garage1 space

Summary

  • MLS Number: 1504824
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088
  • Office Email: dbrown@homesrep.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$415,000

502 Shannon Ave

$4,928

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 13, 2022
Home Sold
$45,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Woodmore Elementary School

Public District PK-5

0.8 mi

800 Woodmore Ln

3

Barger Academy

Public Magnet KG-5

1.6 mi

4808 Brainerd Rd

2

Orchard Knob Elementary School

Public District PK-5

1.8 mi

400 N Orchard Knob Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,511. Typical income of Chattanooga, TN residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
36%
35k-100k
18%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
13%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • VolvoVolvo
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 Shannon Ave

This home is located at 502 Shannon Ave in Chattanooga, TN and zip code 37411 in the Woodmore / Dalewood neighborhood. This 2,225 square foot home, which was built in 2024, sits on a 0.34 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $415,000.

In January 2025 more than 31 listings in Chattanooga, TN were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 163 were sold below. In January 2025 in Chattanooga, TN there were 0.8% less homes for sale than in December. Listings spent 54 days on the market in January 2025, and had a median list price of $330,891 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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