3 months on rocket

1501 Vance Ave, Chattanooga, TN, 37404

$480,000

Home List Price

$5,700*

Closing Credit

4 Bedrooms
4 Full Baths
2,880 SqFt
$167/SqFt
House

Location

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1501 Vance Ave, Chattanooga$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1920
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1395218
Lot Size0.23 Acres
StatusActive

About 1501 Vance Ave

Welcome to this stunning top to bottom remodel in the vibrant Highland Park neighborhood! This exceptional one level, four-bedroom, four-bathroom home on a large corner lot is currently undergoing a complete transformation, with an estimated completion date of November 2024. Situated on a desirable corner lot, this single-level gem offers modern convenience and style throughout. Every detail of this home is being meticulously redesigned, ensuring that everything will be brand new while retaining it's old world charm. The spacious one-level layout includes three of the four bedrooms with en suite bathrooms, with two options for a primary suite, each featuring sizable walk-in closets and access to one of the home's covered porches. The gourmet kitchen will be a highlight, equipped with a Whirlpool suite of appliances, sleek quartz countertops, and an open design perfect for entertaining with direct access to the large covered deck. The top notch finishes will continue throughout the home with granite counters in the bathrooms, LVP flooring in all common areas and plush carpeting in the bedrooms. The front entryway is designed with convenience in mind, featuring a practical mud room that helps keep everyday essentials organized. A dedicated laundry space and large detached storage building add to the home's functionality giving it the perfect blend of style and convenience. The large corner lot has plenty of space for off street parking and will be highlighted with landscaping to maximize curb appeal as well as being fully fenced and gated. Don't miss out on this opportunity to own a completely remodeled home in one of the area's most sought-after locations!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1920
  • Stories: 1
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Tankless Water Heater, Refrigerator, Dishwasher, Convection Oven
  • Basement: Yes
  • Interior: En Suite, Granite Counters, High Ceilings, Open Floorplan, Plumbed, Primary Downstairs, Separate Shower, Tub/shower Combo, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Other, Fence, Porch/Covered, Deck, Patio, Porch, Porch/Screened

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Take exit 1A toward EAST M L King Blvd/Downtown onto W Martin Luther King Blvd. Go for 0.5 mi. Continue on E Martin Luther King Blvd. Go for 1.1 mi. Continue on Bailey Ave. Go for 0.7 mi. Turn right onto S Highland Park Ave. Go for 0.2 mi.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $2,162
  • Tax Year: 2020
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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

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

1501 Vance Ave vs Chattanooga

107 DAYS ON ROCKET

+72 Days

$480,000

+$150.6K More

$167/SqFt

-$32 Less

KEY TAKEAWAY

This property is $150.6K more than the Median Sold Price and $32/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1395218

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 519-5113

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
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, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,162$36,840
2019$1,018$36,840
2017$1,019$36,840

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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-357784
4
/10

  • East Side Elementary School

  • 1603 S Lyerly St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-357785
2
/10

  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-357786
4
/10

  • Chattanooga Charter School of Excellence

  • 2029 E 23rd St

  • 0.97 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,439. Most Chattanooga, TN residents have annual incomes less than $35k. The majority of families are 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 1501 Vance Ave

What is the listing price of this property?

The listing price of 1501 Vance Ave property is $480,000.

What type of property is this?

The property 1501 Vance Ave is a house located in Chattanooga, Tennessee, 37404.

Is this property for sale now?

Active Listing: 1501 Vance Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,162 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1501 Vance Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1501 Vance Ave is 2,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Vance Ave is 1920.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37404›1501 Vance Ave

This home is located at 1501 Vance Ave in Chattanooga, TN and zip code 37404 in the Highland Park neighborhood. This 2,880 square foot home, which was built in 1920, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $480,000.

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. Between September 2024 and October 2024, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.3%. The median list price of listings available in October 2024 was $329,348, while the average time on the real estate market was 35 days.

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

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