3 months on rocket

1507 E 48th St, Chattanooga, TN, 37407

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,204 SqFt
$120/SqFt
House

Location

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1507 E 48th St, Chattanooga$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1940
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1500097
Lot Size0.19 Acres
StatusActive

About 1507 E 48th St

New Roof. New Gutters. Foundation Issue Corrected. Home to be sold AS-IS. NO SHOWINGS UNTIL PROPERTY IS UNDER CONTRACT. TENANTS IN PLACE DO NOT DISTURB. NO WALKING OF PROPERTY UNTIL UNDER CONTRACT. Are you looking to add to your income producing properties? Check out this 3 bedroom 1 bath home that has a lease in place until May 2025 at $790. a month.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,204 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Range
  • Basement: Yes
  • Interior: Connected Shared Bathroom, Open Floorplan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Rossville Blvd to E 48th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $120/SqFt

Tax Information:

  • Annual Amount: $617
  • 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

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

1507 E 48th St vs Chattanooga

91 DAYS ON ROCKET

+54 Days

$145,000

-$185K Less

$120/SqFt

-$81 Less

KEY TAKEAWAY

This property is $185K less than the Median Sold Price and $81/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: #1500097

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

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: 12/18/2024, 9:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2008Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$617$9,225
2019$255$9,225
2017$255$9,225

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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NMLS#3030

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-4476745
2
/10

  • East Lake Elementary School

  • 3600 13th Ave

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-4476746
5
/10

  • Rossville Elementary School

  • 1250 Wilson Rd

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-4476747
3
/10

  • Clifton Hills Elementary School

  • 1815 E 32nd St

  • 1.43 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,684. Residents of Chattanooga, TN typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1507 E 48th St

What is the listing price of this property?

The listing price of 1507 E 48th St property is $145,000.

What type of property is this?

The property 1507 E 48th St is a house located in Chattanooga, Tennessee, 37407.

Is this property for sale now?

Active Listing: 1507 E 48th St 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 $617 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2008 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1507 E 48th St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1507 E 48th St is 1,204 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1507 E 48th St is 1940.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37407›1507 E 48th St

This home is located at 1507 E 48th St in Chattanooga, TN and zip code 37407 in the South Chattanooga neighborhood. This 1,204 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $145,000.

In November 2024 more than 47 listings in Chattanooga, TN were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 195 were sold below. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. In November 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $330,018.

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

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