503 Ely Rd, Hixson, TN 37343
OFF MARKET

$738,800

Trulia Estimate
  • 8 Beds
  • 6 Baths
  • 4,014 sqft (on 1 acre)

503 Ely Rd, Hixson, TN 37343

Est. Refi. Payment $4,482/mo*
Refinance Your Home
Currently Off Market - Sold Apr 1, 2016 for $737,000

Home Value

Trulia Estimate
$739K
Since last month
Increased$13K (+1.8%)
Since last year
Increased$83K (+12.3%)
Since last sale
Increased$20K (+2.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +184% in the last 10 years
MonthEstimated value
2026
October 2026$757K
September 2026$739K
August 2026$743K
July 2026$742K
June 2026$749K
May 2026$734K
April 2026$733K
March 2026$701K
February 2026$719K
January 2026$703K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4292-4293 Byrnewood Village Cir, Hixson, TN
0.85
Multi-Family Home
$1,145,000
10/21/25
8
5
6,800
3906 Pickering Ave, Chattanooga, TN
0.39
Multi-Family Home
$290,000
11/07/25
4
2
1,712
3511 Lamar Ave, Chattanooga, TN
1.19
Multi-Family Home
$567,500
06/26/26
6
4
2,730
4951 Brighton Ln, Hixson, TN
1.39
Multi-Family Home
$562,000
08/21/26
8
6
4,400
5248 Donlyn Ln, Hixson, TN
1.37
Multi-Family Home
$650,000
05/08/26
5
3.5
3,887
3716 Lamar Ave, Chattanooga, TN
0.95
Multi-Family Home
$345,000
04/29/26
3
2
1,280
3222 Joselin Ln, Chattanooga, TN
1.10
Multi-Family Home
$400,000
10/30/25
4
3
1,953
4606 Plaza Hills Ln, Hixson, TN
0.92
Multi-Family Home
$310,000
07/24/26
4
2
1,780
3310 Easton Ave, Red Bank, TN
1.07
Multi-Family Home
$292,000
06/12/26
4
2
1,500
3308 Easton Ave, Chattanooga, TN
1.08
Multi-Family Home
$292,000
06/09/26
4
2
1,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Ely Rd, Hixson, TN 37343
0.00
-
-
-
-
Off Market
515 Ashland Ter, Hixson, TN 37343
0.02
$562,700
Studio
5
4,720
Off Market
517 Ashland Ter, Chattanooga, TN 37415
0.02
$410,000
Studio
-
1,808
Recently Sold
509 Ely Rd, Hixson, TN 37343
0.03
$209,800
Studio
1
1,058
Off Market
515 Ashland Ter #C, Chattanooga, TN 37415
0.03
-
2
1
4,720
Off Market
515 Ashland Ter #B, Chattanooga, TN 37415
0.03
-
1
1
944
Off Market
506 Ely Rd, Hixson, TN 37343
0.04
$362,000
Studio
-
2,250
Off Market
506 Ely Rd #A, Hixson, TN 37343
0.04
-
2
1.5
1,125
Off Market
506 Ely Rd #B, Hixson, TN 37343
0.04
-
2
2
1,125
Off Market
511 Ely Rd, Hixson, TN 37343
0.04
$233,900
Studio
2
816
Off Market
513A Ashland Ter, Hixson, TN 37343
0.04
$274,100
2
1
-
Off Market
513 Ashland Ter #B, Hixson, TN 37343
0.04
-
2
1
-
Off Market
508 Ely Rd, Hixson, TN 37343
0.05
$360,000
Studio
-
2,250
Off Market
508 Ely Rd #B, Hixson, TN 37343
0.05
-
2
1.5
1,100
Off Market
508 Ely Rd #A, Hixson, TN 37343
0.05
-
2
1.5
1,100
Off Market
513 Ashland Ter, Chattanooga, TN 37415
0.05
$274,100
2
1
-
Off Market
513 Ashland Ter #B, Chattanooga, TN 37415
0.05
-
2
1
-
Off Market
Ashland Ter, Chattanooga, TN 37415
0.05
-
-
-
-
Off Market
513 Ely Rd, Hixson, TN 37343
0.05
$296,300
Studio
2
1,420
Off Market
510 Ely Rd, Hixson, TN 37343
0.06
$393,700
Studio
3
2,250
Off Market

Local Information

  • Map ViewExplore the area around 503 Ely Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1980
1 acre lot
4,014 sqft
$184/sqft

About this House

This property will be sold at auction to the highest bidder on Feb 4th at 6:30pm at the Mountain City Club in Downtown Chattanooga (729 Chestnut Street). For more information about this property and the auction, please visit the website chattanooogapropertyauction.com
Solid, well-built Four-Plex totaling over 4000ft². The left side has 2 Bedroom, 1 Bathroom layouts, and the right side has 2 Bedroom, 2 Bathroom Layouts. Recent renovations have been completed on 3 of the 4 units. Great rental history. This property is centrally located in a safe, family- oriented Hixson neighborhood. Convenient to Hwy 27 and Hwy 153, as well as shopping, groceries, hospitals, and entertainment.
503 Ely Rd, Hixson, TN 37343 is a 8 bedroom, 6 bathroom, 4,014 sqft multi-family built in 1980. It last sold for $737,000 on Apr 1, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $738,800, with a rent estimate of $1,328/month.

Home Details for 503 Ely Rd

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Wood

Property Information

Year Built
Year Built: 1980Year Updated: 1980
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Apr 1, 2016
Source: N/A
Sold
$737,000

Market trends in Chattanooga

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$341K
$500MoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$200
$5MoM
Available listings
1149
2MoM

Around this home

What Locals Say about Chattanooga

At least 1518 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 79 % Say it's dog friendly

  • 75 % Say yards are well-kept

  • 75 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 60 % Say kids play outside

  • 57 % Say it's quiet

  • 56 % Say people would walk alone at night

  • 51 % Say neighbors are friendly

  • 50 % Say there are sidewalks

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say streets are well-lit

  • 45 % Say there's wildlife

  • 39 % Say it's walkable to restaurants

  • 35 % Say it's walkable to grocery stores

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I’ve lived on the Bonnie Oaks side of Chattanooga. It’s nice"
    1
    Flag
  • F2gwqpnmgh
    "I live close to downtown. I’ve lived in this area for over 50 years and it’s getting worse. Even though there are upgrades with apartments it’s still not safe"
    0
    Flag
  • Tom C.
    "I have lived in chattanooga east brainerd area for 20 years. Best place to live decent people, patrolled by neighbor hood watch"
    2
    Flag
  • Qlp2991
    "Dogs are loved in this community. There protectors but also members of family. So the dogs are part of the neighborhood "
    1
    Flag
  • L. C. Williams
    "8 years in the area. No plans to leave. Very safe and convenient. Traffic has increased but still very quiet. "
    0
    Flag
  • Scott L.
    "Pet waste all over. Grass is dead. Many pet stations but always full. Many dog owners leave off leash"
    0
    Flag
  • Abigail Warnick
    "I don’t have to drive to far for just about anything I need. Hospitals, groceries, shipping, work, restaurants, and more are all close. "
    0
    Flag
  • Eliza G.
    "VERY "IFFY" AREA. Lots of criminal activity. I'm trying to save money to move to a better area. Not a safe area"
    1
    Flag
  • Mbiocona
    "Only lived here for about 8 months but really enjoy the area and the stores so close by. Convenient to the interstate and 20 minutes to downtown "
    0
    Flag
  • Nursecakes83
    "Chattanooga is beautiful. Like most places it has good schools and bad schools and good neighborhoods and bad. Do your research! "
    2
    Flag
  • Roger Sturdivant
    "Look quiet and nice to live at plus raise ya kids and school, close to my job with orange grove, my fiancé can learn this area also"
    0
    Flag
  • Travionne Eberhardt
    "The neighbors are friendly all of the kids play together. Everyone is so nice and helpful when it comes to looking out for eachother"
    0
    Flag
  • Rebecca Shannon
    "Trash everywhere and people let cats and dogs roam. Thief is very high in this area. Cars park all over sides of street and will park in front of other people homes."
    0
    Flag
  • Elizabeth Woods
    "Dangerous, “iffy”, overpopulated, traffic likely, wrecks likely, police presence likely, stray dogs likely, pedestrians likely. "
    10
    Flag
  • Jessica Clark
    "Great school nearby. Several parks, restaurants and shops within walking distance. Seeing Chattanooga Choo Choo and walking by the fire department are always on the list for our young nephew when he comes over. "
    2
    Flag
  • Angelique6317
    "safe close to everything for school, groceries, shopping. 25 minutes to downtown Chattanooga. 8 minutes to Hamilton place. 1-2 grocery store"
    0
    Flag
  • J3tt
    "Crazy too much movement it’s hard to park too many outside cars in a gated community. I choose to move to the countryside and stay away from everyone "
    5
    Flag
  • Eayers1031
    "I have lived in this neighborhood for twelve years and my family love the neighborhood. The schools are great, the shopping center is within six miles. There is easy access to the interstate highways. The hospital are also less than eight miles away."
    3
    Flag
  • Damaris Martinez Munoz
    "Friendly neighbors. Love all the trees and natural green spaces. Love the proximity to shops and Gunbarrel Rd. "
    0
    Flag
  • Trulia User
    "Nice neighborhood.,beautiful view Quite nice to see the city and mountains view. I would definitely recommend this area to live in "
    1
    Flag
  • Trulia User
    "Safe area, older home but safe . Quiet , walkable, family oriented area. Streets are kept clean. Prices are way to high for rent or purchase. "
    0
    Flag
  • Trulia User
    "Best neighborhood near downtown good atmosphere. Safe, lots of older houses and expensive for the value . Dog Friendly, kids friendly "
    3
    Flag
  • Trulia User
    "only halloween and personal events like birthday party or Christmas when the my family or friends come over nobody has complain "
    0
    Flag
  • Trulia User
    "I have no idea I’m just visiting here thanks for checking on everybody enjoy the homes people lol lol"
    1
    Flag
  • Trulia User
    "good place to go to sleep in the morning and I have to do it again and get Something to eat and drink some water in the morning and u can just get your stuff done 👍👍👍 to "
    0
    Flag
  • Trulia User
    "They would like it. it is quiet and pet friendly. You can walk the pets in the parks and areas allowing dogs. There are dog parks in close proximity. "
    0
    Flag
  • Trulia User
    "it's great. I've lived here for awhile and it's walkable with big trees and friendly neighbors unique houses and it's convenient and safe "
    0
    Flag
  • Trulia User
    "Lots of cute shops, restaurants with good food. Excellent park system. Food is carried and delicious. Music on the bridge in nice weather."
    0
    Flag
  • Trulia User
    "Just close to cute areas and the area where frequent celebrations and trendy stores and restaurants and also good areas to walk and let children play in the fountain and the Carousel.festivals are going on."
    0
    Flag
  • Trulia User
    "They would like how friendly I am towards dogs and dog owners. I would always be open to dog sitting or helping out my neighbors. "
    0
    Flag
  • Trulia User
    "there are parks in this area the community is very nice and quiet, little to no violence public transportation comes through the area "
    0
    Flag
  • Trulia User
    "great place to raise a family lived here for 48 years and love this area some crime just as every other neighborhood but most residents look out for their neighbor "
    3
    Flag
  • Trulia User
    "great neighborhood for kids, quiet and very safe. Neighbors are friendly and welcoming. my grandkids love this neighborhood. my grandson loves his school and all the activities there are in the area. "
    0
    Flag
  • Trulia User
    "there isn't any crime in this area, there's a Park and trail you can walk an enjoy with your family and kids "
    0
    Flag
  • Trulia User
    "The space of grass available or dog parks in the area are trash. People don’t pick up after their dogs."
    0
    Flag
  • Trulia User
    "Fine area to live but roads are often closed and it’s a major pain. People are always out walking so closed windows is a must "
    0
    Flag
  • Trulia User
    "down Jenkins there is a nice dog park they can run and play at with some obstacles . it's called heritage park "
    0
    Flag
  • Trulia User
    "the down the road has parties and invite the community to come to and bring anyone else to enjoy the festivities"
    1
    Flag
  • Trulia User
    "Great friendly and convenient place to live and raise a family or to retire and enjoy life. Great town with lots to offer. "
    0
    Flag
  • Trulia User
    "The Glass House and Glass Farms Collective hosts several events in the area for the arts and creatives. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 503 Ely Rd

  • What is 503 Ely Rd estimated to be worth?
    Trulia's estimated value for 503 Ely Rd in Hixson, TN is $738,800.
  • What is the price history for 503 Ely Rd?
    503 Ely Rd in Hixson, TN last sold for $737,000 in April 2016.
  • Is Hixson a buyer's or seller's market?
    Hixson is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Hixson?
    The median sale price in Hixson is $341K. That is up $500 from the prior month.

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