Colonial home in Chattanooga, TN
A Colonial home in Chattanooga, TN, it offers 5 bedrooms and 4 bathrooms across 3,400 square feet. The Colonial styling carries through the home's design.
| Price | $669,900 |
|---|
| Beds | 5 |
|---|
| Baths | 4 |
|---|
| Sqft | 3400 |
|---|
| Architectural style | Colonial (38% match) |
|---|
| Address | 8038 Rosemere Way, Chattanooga, TN 37421 |
|---|
Why buy this home
- Confirmed Colonial architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little above the area.
- At $670K, this home is 5% above the $635K median for 29 similar Colonial homes in Chattanooga, TN.
- That works out to $197 per square foot, 10% below the $218 comparable rate.
- On the market 12 days.
| This home | $669,900 |
|---|
| Colonial median in Chattanooga, TN | $635,000 (29 homes) |
|---|
| Price per sq ft | $197 vs. $218 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,292/month with 20% down at a 7.28% 30-year fixed rate. You would need about $183,946 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,667/mo |
|---|
| Property tax (new-buyer reassessed rate) | $374/mo |
|---|
| Homeowners insurance | $251/mo |
|---|
| Total monthly | $4,292/mo |
|---|
| Down payment (20%) | $133,980 |
|---|
| Income needed | $183,946/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (57 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (57/100) |
|---|
| Beats renting in | 9% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $285,735 |
|---|
| Range (10th to 90th pct) | $162,128 to $431,981 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chattanooga, TN where local data is thin.
Local home values
Typical home values in Chattanooga, TN have risen about 24% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow