$246,800
- 3 Beds
- 1 Bath
- 1,200 sqft (on 1 acre)
518 Ely Rd, Hixson, TN 37343
Est. Refi. Payment $1,467/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 28, 2013 for $74,900
Home Value
Trulia Estimate
$247KSince last month
Decreased$3K (-1%)Since last year
Increased$11K (+4.7%)Since last sale
Increased$172K (+229.1%)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 +100% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $247K |
| August 2026 | $246K |
| July 2026 | $249K |
| June 2026 | $247K |
| May 2026 | $252K |
| April 2026 | $243K |
| March 2026 | $238K |
| February 2026 | $240K |
| January 2026 | $239K |
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 |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $140,000 | 08/11/26 | 3 | 2 | 1,388 | |
0.51 | Single-Family Home | $187,500 | 09/19/25 | 3 | 1 | 1,391 | |
0.53 | Single-Family Home | $130,000 | 10/20/25 | 2 | 1 | 983 | |
0.19 | Single-Family Home | $320,000 | 05/20/26 | 2 | 1 | 1,128 | |
0.50 | Single-Family Home | $132,000 | 02/26/26 | 3 | 1 | 1,215 | |
0.32 | Single-Family Home | $360,000 | 07/06/26 | 3 | 2 | 1,232 | |
0.50 | Single-Family Home | $270,000 | 06/16/26 | 3 | 1 | 1,416 | |
0.29 | Single-Family Home | $244,500 | 11/26/25 | 2 | 1 | 1,006 | |
0.20 | Single-Family Home | $335,000 | 02/27/26 | 3 | 1.5 | 1,407 | |
0.27 | Single-Family Home | $290,000 | 09/30/25 | 3 | 2 | 1,219 |
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 |
|---|---|---|---|---|---|---|
0.04 | $287,400 | 4 | 1 | 1,743 | Off Market | |
0.11 | $176,100 | 2 | 1 | 1,054 | Off Market | |
0.17 | $359,900 | 2 | 2.5 | 1,140 | Off Market | |
0.18 | $364,500 | 2 | 1 | 1,176 | Off Market | |
0.19 | $282,000 | 3 | 1 | 1,368 | Off Market | |
0.20 | $261,800 | 2 | 2 | 1,188 | Off Market | |
0.19 | $289,000 | 2 | 2 | 1,382 | For Sale | |
0.19 | $320,000 | 2 | 1 | 1,128 | Recently Sold | |
0.19 | $325,000 | 4 | 2.5 | 2,010 | Recently Sold | |
0.22 | $233,000 | 2 | 1.5 | 1,080 | Recently Sold | |
0.20 | $335,000 | 3 | 1.5 | 1,407 | Recently Sold | |
0.26 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1938
Lot Size
1 acre
Living Area
1,200 sqft
Price/Sqft
$206
About this House
***This property is now in a multiple offer situation. Please complete and email back to me the following: 1. The 2 -page highest and best offer sheet in the MLS folder 2. Freddie Mac multiple offer acknowledgment form also in the MLS folder. 3. Bank letter proof of funds or prequalification. Please make sure buyer signs all forms and they are returned to me by 5 PM May 29, 2013. If you don't fully comply with these documents your offer cannot be entered into the Freddie Mac home steps connect system.*** EMAIL IS BEST CONTACT FOR LISTING BROKER! Freddie Mac First Look Initiative :: Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 15 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their residence. FOR MORE ON FIRST LOOK goto: http://www.homesteps.com/homebuyer/firstlook.html. The property is marketed in AS-IS, WHERE IS condition only. It is the sellera??s intention NOT to repair or rehab this property. Please submit all offers using the OFFER WORKSHEET in the MLS document folder (D) DO NOT send the actual TAR contract until after you are notified that a verbal agreement has been reached. A LOAN COMMITMENT letter or proof of funds is required on all offers. If the offer is cash, you must furnish proof buyer has cash to close at time of offer and obtain. If offer has financing, you must obtain an APPROVED loan commitment letter from a direct lender, based upon approved credit and income before submitting offer. All offers require a hard close date (not 30 days from acceptance, etc) to be considered. If the offer is cash, the seller will only accept a close date that reflects up to a 21-day escrow period. If an offer has a financing contingency, the seller will only accept a close date that reflects up to a 30-day escrow period. Please be aware the seller will strictly enforce the close date so please make sure it is realistic. A per Diem fee UP TO $200 will be charged to the buyer if closing is delayed due to any fault of the buyer, buyera??s lender, or buyera??s agent. All earnest money deposits should be 2% of purchase price (or $1000 minimum). If an offer has financing SEND COMMITMENT LETTER - CREDIT ALREADY APPROVED! If an offer is cash, the buyera??s escrow deposit will become non-refundable after the inspection period if no written objection or notice of cancellation was received. All commission is NET sales price. ALL OFFERS ARE SUBJECT TO FINAL MANAGEMENT APPROVAL, WHETHER OR NOT FORMALLY STATED IN AN OFFER OR COUNTER-OFFER, until a contract is formally executed. ** Due to the high degree of theft at these vacant REO Properties, the seller does not guarantee the existence of any equipment or personalities prior to offer. ALL Appliances, Heating, Cooling, etc, IF ANY AT THIS PROPERTY ARE SOLD STRICTLY "AS IS" "NO WARRANTIES, NO REPAIRS, NO GUARANTEE OF OPERATION OR CONDITION".
518 Ely Rd, Hixson, TN 37343 is a 3 bedroom, 1 bathroom, 1,200 sqft single-family home built in 1938. It last sold for $74,900 on Jun 28, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $246,800, with a rent estimate of $1,606/month.
Home Details for 518 Ely Rd
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 6Types of Rooms: Dining RoomCeiling Fan |
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Exterior Home Features Roof: OtherExterior: Other |
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Year Built Year Built: 1938Year Updated: 1938 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 1 acre |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 28, 2013 Source: Greater Chattanooga Realtors #1192465 | Sold | $74,900 |
May 31, 2013 Source: Agent Provided | Pending | $74,900 |
May 19, 2013 Source: Agent Provided | PriceChange | $74,900 Price decreased by 6% |
Apr 23, 2013 Source: Agent Provided | PriceChange | $79,900 Price decreased by 16% |
Mar 29, 2013 Source: Agent Provided | Listed For Sale | $94,900 |
Jan 18, 2013 Source: N/A | Sold | $73,015 |
Nov 2, 2007 Source: N/A | Sold | $119,000 |
May 23, 2005 Source: N/A | Sold | $79,308 |
Apr 18, 2001 Source: N/A | Sold | $80,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $862 | $227,600 |
Home facts updated by county records
Market trends in Chattanooga
Last updated July 2026
Avg. sale price
$340K
$2.17KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$195
$1MoM
Available listings
1143
41MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 518 Ely Rd
- What is 518 Ely Rd estimated to be worth?Trulia's estimated value for 518 Ely Rd in Hixson, TN is $246,800.
- What is the price history for 518 Ely Rd?518 Ely Rd in Hixson, TN last sold for $74,900 in June 2013.
- 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 $340K. That is down $2.17K from the prior month.
- How big is the lot at 518 Ely Rd?The lot at 518 Ely Rd in Hixson, TN is about 0.45 acres (19,680 sq ft).

