Ranch home in Chattanooga, TN
A Ranch home in Chattanooga, TN, it offers 3 bedrooms and 2 bathrooms across 1,168 square feet. Notable features include deck / patio and open floor plan.
| Price | $279,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1168 |
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| Architectural style | Ranch (61% match) |
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| Address | 1265 N Concord Road, Chattanooga, TN 37421 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, open floor plan.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little under the area.
- At $279K, this home is 10% below the $310K median for 460 similar Ranch homes in Chattanooga, TN.
- That works out to $239 per square foot, 27% above the $188 comparable rate.
| This home | $279,000 |
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| Ranch median in Chattanooga, TN | $310,000 (460 homes) |
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| Price per sq ft | $239 vs. $188 comps median |
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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 $1,788/month with 20% down at a 7.28% 30-year fixed rate. You would need about $76,610 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,527/mo |
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| Property tax (new-buyer reassessed rate) | $156/mo |
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| Homeowners insurance | $105/mo |
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| Total monthly | $1,788/mo |
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| Down payment (20%) | $55,800 |
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| Income needed | $76,610/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (56 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 (56/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $117,832 |
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| Range (10th to 90th pct) | $66,851 to $179,175 |
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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 Estately