new - 1 day on rocket

198 Ellis St, Spring City, TN, 37381

$188,900

Home List Price

$2,243*

Closing Credit

0 Baths
2,000 SqFt
$94/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

198 Ellis St, Spring City$188,900

Buyer Closing Credits

$2,243*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingGravel
Year Built1973
HeatingCentral
CoolingCentral Air, Varies By Unit, Window Unit(s)
MLS #1503113
Lot Size0.13 Acres
StatusActive

About 198 Ellis St

STOP! Before you read any further go to YouTube and type in 198 Ellis St Spring City, TN. Check out the video tours then let's talk numbers! GREAT, AFFORDABLE INVESTMENT OPPORTUNITY. 2 buildings with 3 total rental units. Front unit is a recently updated 1000 sq ft space with 2 bedrooms, living area, kitchen and half bath. Seller is willing to negotiate converting the half bath back to a full bath.Back building has 2 500 sq ft units with 1 bedroom, 1 bath, living area and kitchen in each unit. These are very convenient and located in the Spring City Limits. Call for your appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1973
  • Stories: 1
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: simpliHOM
  • Office Phone: (423) 428-9181

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Range
  • Basement: No
  • Flooring Type: Carpet, Laminate

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None, Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: City Lot, Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Varies By Unit, Window Unit(s)

Other

Directions Information:

  • Directions: Hwy 27 North to Spring City. Just before 1st red light, take a right onto Ellis Street. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $188,900
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $885
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Spring City, TN.

Map thumbnail provided by MapBox

Spring City, TN

City

Med. Sold Price

$345K

Med. Price/SqFt

$190

Avg. Days On Market

46

# of Sold Homes

14

198 Ellis St vs Spring City

1 DAY ON ROCKET

-45 Days

$188,900

-$156.1K Less

$94/SqFt

-$96 Less

KEY TAKEAWAY

This property is $156.1K less than the Median Sold Price and $96/SqFt less than other homes in Spring City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1503113

Listing Office:

  • Office Name: simpliHOM
  • Office Phone: (423) 428-9181

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: 11/14/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2018Home Sold
$39,000
Jul 06, 2007Home Sold
$65,000
Jul 06, 2007Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$885$31,000
2019$885$31,000
2018$844$26,760
2017$844$26,720

History based on county public records data.

Payment Calculator

$1,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

Powered By

Rocket Mortgage

Advertisement

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-257990
6
/10

  • Spring City Elementary School

  • 270 E Jackson Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-257991
6
/10

  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 10.11 miles

  • Public District Grades PK-5

school-card-donut-257992
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 14.66 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 $49,934. Most Spring City, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Rhea County›Spring City›37381›198 Ellis St

This home is located at 198 Ellis St in Spring City, TN and zip code 37381. This 2,000 square foot home, which was built in 1973, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $188,900.

In October 2024, from all listings sold in Spring City, TN there were more than 1 sold above asking price, over 10 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Spring City, TN real estate market has seen decrease in the number of listings by 5.7%. In October 2024 median list price was $345,000 and the average listing age was 46 days.

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

More Resources