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
BasementYes
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.

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
  • Basement: Yes
  • 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

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • The Howard School, Public District Grades 9-12
  • Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
  • Orchard Knob Middle School, Public District Grades 6-8
  • Tommie F. Brown International Academy, Public Magnet Grades PK-5

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.

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Chattanooga, TN

City

Med. Sold Price

$328.7K

Med. Price/SqFt

$198

Avg. Days On Market

31

# of Sold Homes

263

117 E 7th St Unit 501 vs Chattanooga

32 DAYS ON ROCKET

+1 Day

$413,000

+$84.2K More

$765/SqFt

+$566 More

KEY TAKEAWAY

This property is $84.2K 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: 11/1/2024, 12:18:47 AM 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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$2,129

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,305

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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.

Elementary School

school-card-donut-935639
3
/10

  • Tommie F. Brown International Academy

  • 718 E 8th St

  • 0.59 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-935640
4
/10

  • Orchard Knob Middle School

  • 500 N Highland Park Ave

  • 1.80 miles

  • Public District Grades 6-8

High School

school-card-donut-935641
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 0.74 miles

  • Public District Grades 6-12

school-card-donut-935642
2
/10

  • The Howard School

  • 2500 S Market St

  • 1.53 miles

  • Public District Grades 9-12

school-card-donut-935643
9
/10

  • Hamilton County Middle College High School At Chattanooga S

  • 4501 Amnicola Hwy

  • 5.34 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,962. Most Chattanooga, TN residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area 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.

What are the assigned schools for this property?

The assigned schools for 117 E 7th St Unit 501 are:
Tommie F. Brown International Academy: GreatSchools Rating 3/10
Orchard Knob Middle School: GreatSchools Rating 4/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
The Howard School: GreatSchools Rating 2/10
Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10

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 Homes›Tennessee›Hamilton County›Chattanooga›37402›117 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.

Over 61 listings were sold over their listed price in September 2024 in Chattanooga, TN. In the same period over 134 listings were sold below the listed price and 67 listings were sold for the listed price. The inventory of homes for sale in Chattanooga, TN between August 2024 and September 2024 decreased by 1%. While the average time on the market in September 2024 was 31 days, the median list price was $328,774.

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

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