7003 Palermo Drive
Chattanooga, TN 37421
- 5 beds
- 3 baths
- 3,600 sqft
- ~1/2 acre lot
- $166 per sqft
- 1965 build
- – on site
Welcome to 7003 Palermo Drive, a beautifully designed 5-bedroom, 3-bathroom home spanning 3,600 sq. ft., perfectly located just steps from Hamilton Place Mall and Chattanooga's best dining and shopping. This spacious one-level basement ranch offers both comfort and convenience in one of the city's most sought-after areas. Inside, newly restored hardwood floors, fresh paint, and a well-appointed kitchen with ample cabinetry create a warm and inviting atmosphere. The formal dining room opens through French doors to a large cement back porch, overlooking a backyard oasis with over a dozen fruit trees and a vegetable bed ready for planting. The oversized, enclosed front porch is a standout feature, designed with iron fencing for added safety and built with durable, weather-resistant materials for long-lasting quality. The fully finished basement adds exceptional flexibility, offering two additional bedrooms, a full bath, multiple storage rooms, and versatile spaces ideal for a home office, gym, or storm shelter—perfect for multi-generational living or rental potential. Additional highlights include a stamped concrete lower porch, a spacious backyard deck, a recently refinished laundry area, and an oversized two-car garage. With its prime location, thoughtful upgrades, and abundant space, this home is a rare find. Schedule your private showing today!
Last checked:
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Checking…
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Last updated May 1, 2025
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MLS# 1507684 —
The Building
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Year Built:1965
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New Construction:false
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Construction Materials:Brick
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Levels:One
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Stories Total:None
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Roof:Shingle
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Basement:Finished, Full
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Basement:true
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Foundation Details:Block
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Exterior Features:None
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Window Features:ENERGY STAR Qualified Windows, Insulated Windows, Vinyl Frames
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Patio And Porch Features:Deck, Front Porch, Patio, Porch, Porch - Covered
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Building Area Total:3600.0
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Above Grade Finished Area:3397.0
Interior
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Interior Features:Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Separate Shower, Split Bedrooms, Tub/shower Combo
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Furnished:None
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Flooring:Hardwood, Tile
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Gas Log, Living Room
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Laundry Features:Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
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Zoning Description:None
Room Dimensions
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Living Area:3600.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:From Exit 3 on I-75, turn off E. Brainerd Rd onto N. Concord Rd. Go .07 miles and turn right onto Palermo Dr. Home is 2nd home on left.
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Latitude:35.027974
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Longitude:-85.168521
The Property
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Parcel Number:148m D 021
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Property Type:Residential
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Property Subtype:Single Family Residence
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Direction Faces:None
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Possible Use:None
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Other Structures:None
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Other Equipment:Other
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Lot Features:Back Yard, Front Yard, Level
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Lot Size Acres:0.45
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Lot Size Area:0.45
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Lot Size Dimensions:100X195.36
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Lot Size SqFt:19602.0
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Lot Size Units:Acres
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Lot Size Source:None
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Additional Parcels:false
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Zoning:None
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Topography:None
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Fencing:Back Yard, Chain Link, Fenced
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View:false
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Pool Private:No
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Waterfront:false
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Road Frontage Type:City Street
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (256) 605-0162
- Office phone:
- (706) 657-3000
Taxes
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Tax Legal Description:Lt 110 Blk 6 Bella Vista Acres Pb 2 3 Pg 7
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Tax Annual Amount:3023.32
Beds
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Bedrooms Total:5
Baths
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Total Baths:3.0
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Total Baths:3
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Full Baths:3
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central, Humidity Control, Natural Gas
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Heating:true
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Utilities:Electricity Connected, Sewer Connected
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
Appliances
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Appliances:Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Disposal, Dishwasher
Schools
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Elementary School:East Brainerd Elementary
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Elementary School District:None
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Middle Or Junior School:Ooltewah Middle
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Middle Or Junior School District:None
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High School:Ooltewah
The Community
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Subdivision Name:Bella Vista Acres
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:None
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Spa:false
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Pool Features:None
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:true
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Carport:false
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Parking Features:Concrete, Driveway, Garage Door Opener, Kitchen Level
Monthly cost estimate

Asking price
$599,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,207
|
Taxes | $251 |
Insurance | $164 |
Utilities | $256 See report |
Total | $3,878/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/14/25
Mar 14, 2025
|
Price Changed | CHTMLS | $599,000 | -6.2% |
3/3/25
Mar 3, 2025
|
Price Changed | CHTMLS | $638,300 | -1.8% |
2/19/25
Feb 19, 2025
|
Listed / Active | CHTMLS | $649,900 | 136.4% (20.4% / YR) |