1 month on rocket

117 E 7th St Unit 501, Chattanooga, TN, 37402

$413,000

Home List Price

$4,904*

Closing Credit

1 Bedroom
1 Full Bath
540 SqFt
$765/SqFt
Condo

Location

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117 E 7th St Unit 501, Chattanooga$413,000

Buyer Closing Credits

$4,904*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached
Year BuiltNew Const., 1915
HeatingCentral
CoolingCentral Air
ViewCity, Mountain(s)
MLS #2709885
Lot Size0.10 Acres
StatusActive

About 117 E 7th St Unit 501

Looking to own the clouds and purchase a piece of Chattanooga's tallest historical living opulence? Welcome to the newly renovated historic ''Park Tower,'' once known as Park Hotel, soon to be Chattanooga's most luxurious and tallest condo building in downtown. The Park Hotel was known as the ritziest hotel in the city when it opened in 1915; it also projected peace of mind, as it was constructed of solid concrete and was considered fireproof. This 5th floor 1 bedroom unit will boast a mixture of modern industrial design with exposed concrete and the fine craftsman-style finishes of a historical restoration of the early 1900s. We have named the design ''Gilded Industrial,'' and the entire building will contain the high-end finishes one would expect in a state of the art condominium: High ceilings, with exposed concrete. Burnished white concrete flooring, which will resemble marble. Original brick interior walls. Black stainless steel appliances. Custom kitchen cabinets, granite and quartz options for counter tops. Floor-to-ceiling windows. Full tile showers. In-unit washer/dryer hookups. Security and Surveillance. Building Doorman and Valet. Rooftop terrace and Rose Garden. Most units and common areas will boast panoramic views of the city and surrounding mountains. Work and live in historical grandeur without leaving the building. With the option to rent newly remodeled office space, You can be the most efficient you possible. The meticulously restored 1st floor/ lobby will accommodate local commercial tenants from the area's top restaurateurs and small boutique retailers. This fabulous location allows you to walk to your favorite downtown restaurants and retailers . Also nearby is the University of Tennesse at Chattanooga, Warehouse Row, the Tivoli Theater, Soldiers and Sailor's Memorial Auditorium, the Market St. Bridge, and the Chattanooga Aquarium. All Park Tower condos can be leased

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 540 SqFt

Listing Office:

  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Listing Agent: Gregory Depasquale

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Flooring Type: Other
  • Interior: Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from East Brainerd Rd head west, turn right onto McCallie Ave. Remain on McCallie until crossing over intersection Georgia Ave you will be on 7th St building Is on the right. after Walnut St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $413,000
  • Price Per SqFt: $765/SqFt
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

Med. Sold Price

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

117 E 7th St Unit 501 vs Chattanooga

52 DAYS ON ROCKET

+17 Days

$413,000

+$83.6K More

$765/SqFt

+$566 More

KEY TAKEAWAY

This property is $83.6K more than the Median Sold Price and $566/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2709885

Listing Office:

  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Listing Agent: Gregory Depasquale

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-292164
3
/10
  • Brown Academy

  • 718 E 8th St

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-292165
5
/10
  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-292166
4
/10
  • Battle Academy

  • 1601 Market St

  • 0.86 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,962. The most common annual income of people living in Chattanooga, TN is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 E 7th St Unit 501

What is the listing price of this property?

The listing price of 117 E 7th St Unit 501 property is $413,000.

What type of property is this?

The property 117 E 7th St Unit 501 is a condo located in Chattanooga, Tennessee, 37402.

Is this property for sale now?

Active Listing: 117 E 7th St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 117 E 7th St Unit 501 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 117 E 7th St Unit 501 is 540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 117 E 7th St Unit 501 is 1915.

Rocket HomesTennesseeHamilton CountyChattanooga37402117 E 7th St Unit 501

This home is located at 117 E 7th St Unit 501 in Chattanooga, TN and zip code 37402 in the City Center neighborhood. This 540 square foot home, which was built in 1915, sits on a 0.10 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $413,000.

In October 2024 more than 54 listings in Chattanooga, TN were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 181 were sold below. In October 2024 in Chattanooga, TN there were 0.3% less homes for sale than in September 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $329,348.

From Rocket Homes Real Estate and based on county public records data.

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