2 months on rocket

1612 Vance Ave, Chattanooga, TN, 37404

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
1,350 SqFt
$167/SqFt
House

Location

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1612 Vance Ave, Chattanooga$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Gravel
Year Built1920
HeatingCentral
CoolingCentral Air
BasementYes
MLS #1501928
Lot Size0.15 Acres
StatusActive

About 1612 Vance Ave

This adorable, 3 bedroom/1 bath home is a great investment opportunity, situated in a convenient location. This home is currently rented, and features a kitchen, living room, basement, and central heating and air. Access is available both from the front of the house on Vance Avenue and a well-maintained alley behind it. Please call listing agent to schedule appointments. Please also be respectful of the tenants who live here. Listing agent has a personal interest in this property.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Linoleum, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Gravel

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US-27 South, take exit 1C to W. 4th St. Continue strait, then turn left onto the ramp to W. 4th St. Continue onto W 4th St for almost 1 mile, then onto Lansing. In 177 ft, turn right onto E. 3rd St and continue for 0.6 mi. Turn right onto Central Ave, then left onto E. MLK Blvd. for 0.5 mi. Follow MLK onto Bailey Ave. In 0.7 mi. turn right onto S. Hickory St. Turn right onto Vance Ave. and the destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $818
  • 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

1612 Vance Ave vs Chattanooga

61 DAYS ON ROCKET

+24 Days

$225,000

-$105K Less

$167/SqFt

-$34 Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price and $34/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: #1501928

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

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, 7:21:10 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$818$13,200
2019$365$13,200
2017$365$13,200

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-77278
4
/10

  • East Side Elementary School

  • 1603 S Lyerly St

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-77279
2
/10

  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-77280
4
/10

  • Chattanooga Charter School of Excellence

  • 2029 E 23rd St

  • 0.88 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. The majority of Chattanooga, TN residents have income less than $35k annually. The most common type of family 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 1612 Vance Ave

What is the listing price of this property?

The listing price of 1612 Vance Ave property is $225,000.

What type of property is this?

The property 1612 Vance Ave is a house located in Chattanooga, Tennessee, 37404.

Is this property for sale now?

Active Listing: 1612 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 $818 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1612 Vance Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1612 Vance Ave is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1612 Vance Ave is 1920.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37404›1612 Vance Ave

This home is located at 1612 Vance Ave in Chattanooga, TN and zip code 37404 in the Highland Park neighborhood. This 1,350 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $225,000.

In November 2024, from all listings sold in Chattanooga, TN there were more than 47 sold above asking price, over 195 sold below and more than 89 were sold right at the asked price. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 37 days, the median list price was $330,018.

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

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