#1515111, Listing office: Real Agents Realty Company
$375,000 List price
554 Melwood Ln Chattanooga, TN 37421
3 beds
3 full
2,396 sqft
0.4 acres
$157 / sqft
House
Property details
About 554 Melwood Ln
Welcome to this beautifully updated 3-bedroom, 3-bath home featuring a fully finished basement and versatile bonus room. Step inside to discover hardwood floors that flow throughout the main level, leading you into a spacious living room complete with a cozy wood-burning fireplace and French doors that fill the space with natural light and offer picturesque mountain views. The heart of the home is a stunning eat-in kitchen, showcasing an island with Quartz countertops, modern finishes, and easy access to a formal dining room perfect for hosting and entertaining. All three bedrooms are generously sized, with the primary suite offering a private en-suite bath and a large double closet. Downstairs, the finished basement provides incredible additional living space, including a full bath, a large family room, and a flexible bonus room ideal for a home office, guest suite, or recreation area. Lovingly maintained and thoughtfully updated by its current owners, this home is move-in ready and full of charm. Be sure to review the full list of updates included in the listing. Don't miss your chance to see all this exceptional property has to offer!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,396 sqft
BasementYes
Lot size0.36 Acres
Year built1975
ParkingDriveway, Off Street
MLS #1517701
Attached garage2 spaces
FireplaceLiving Room, Wood Burning
ViewMountain(s)
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Microwave, Electric Water Heater, Electric Range, Dishwasher
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Interior: Primary Downstairs, Separate Dining Room, Tub/shower Combo
- Fireplace: Living Room, Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway, Off Street
- View: Mountain(s)
- Exterior: None, Fence, Deck, Patio, Porch, Porch/Covered
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $375,000
- Price/SqFt: $156
- Annual Tax Amount: $1,319
- Tax Year: 2023
- Directions: From East Brainerd Road: Turn onto Fuller Road, Immediately turn left onto White Road. Turn right onto Priscilla Drive. Then, turn left onto Melwood. Home is on the left.
- Year Built: 1975
- Stories: 2
- Living Area: 2,396 SqFt
- Lot Size: 0.36 Acres
- MLS Number: 1517701
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: 1 Percent Lists Scenic City
- Office Phone: (423) 355-5478
- Office Email: liz@tidmore.co
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: 7/31/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 07, 2021 | Home Sold | $278,000 |
| Apr 13, 2017 | Home Sold | $185,000 |
| Jun 14, 2002 | Home Sold | $112,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $58,575 | $1,319 |
| 2022 | $58,575 | $1,319 |
| 2021 | $58,575 | $1,319 |
| 2020 | $43,125 | $1,192 |
| 2019 | $43,125 | $1,201 |
| 2017 | $35,675 | $995 |
History based on county public records data.
Nearby schools
8
Westview Elementary School
Public District KG-5
0.8 mi
•9629 E Brainerd Rd
7
Apison Elementary School
Public District PK-5
2.8 mi
•10433 E Brainerd Rd
4
East Brainerd Elementary School
Public District PK-5
3.2 mi
•3350 Brentwood Cove Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,605. The most common annual income of people living in Chattanooga, TN is between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
39%
35k-100k
35%
100k-200k
20%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
17%
Single, No Kids
7%
Single, with Kids
44%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
12%
18-34 yrs old
50%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 554 Melwood Ln
The listing price of 554 Melwood Ln property is $375,000.
The property 554 Melwood Ln is a house located in Chattanooga, Tennessee, 37421.
Active Listing: 554 Melwood Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 554 Melwood Ln are: Westview Elementary School (GreatSchools Rating 8/10), Apison Elementary School (GreatSchools Rating 7/10), East Brainerd Elementary School (GreatSchools Rating 4/10), East Hamilton Middle School (GreatSchools Rating 7/10), Ringgold Middle School (GreatSchools Rating 8/10), Chattanooga School for the Liberal Arts (GreatSchools Rating 7/10), East Hamilton High School (GreatSchools Rating 7/10), Ringgold High School (GreatSchools Rating 7/10), Tyner Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,319 (source: MLS/based on county public records data).
The last sale was on October 7, 2021 for $278,000 (source: MLS/tax record).
The property at 554 Melwood Ln has 3 bedrooms and 3 bathrooms.
The property 554 Melwood Ln is 2,396 SqFt (source: MLS/tax record).
The year of construction for 554 Melwood Ln is 1975.
This home is located at 554 Melwood Ln in Chattanooga, TN and zip code 37421 in the East Brainerd neighborhood. This 2,396 square foot home, which was built in 1975, sits on a 0.36 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $375,000.
In June 2025, from all listings sold in Chattanooga, TN there were more than 80 sold above asking price, over 209 sold below and more than 117 were sold right at the asked price. Between May and June 2025, Chattanooga, TN real estate market has seen increase in the number of listings by 2.7%. In June 2025 median list price was $337,499 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.