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3118 New York Ave, Chattanooga, TN, 37406

$450,000

Home List Price

$5,344*

Closing Credit

5 Bedrooms
5 Full Baths
2,184 SqFt
$206/SqFt
House

Location

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3118 New York Ave, Chattanooga$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Gravel
Year Built2022
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
MLS #1500190
Lot Size0.35 Acres
StatusActive

About 3118 New York Ave

**Potential Mother-in-Law Suite/ADU Property ** Welcome to this stunning, brand-new property that perfectly combines modern living with versatile opportunities! This thoughtfully designed home features three spacious bedrooms and three elegant bathrooms on the main floor, each showcasing luxurious tile showers and exquisite quartz countertops. Freshly painted throughout, this residence radiates a welcoming ambiance and is ready for you to move in. Enjoy the convenience of a large laundry room that streamlines your daily tasks, while the true gem of this property lies above: an entire two-bedroom, two-bathroom living space that serves as a perfect in-law suite, guest area, or rental opportunity. Complete with a cozy living area, this space provides both comfort and privacy for its occupants. Located just minutes from the bustling downtown Chattanooga, shopping at the mall, and the University of Tennessee at Chattanooga (UTC), this property offers an unbeatable location! The seller is also open to adding a kitchenette with the right offer, enhancing the potential of this unique property. Don't miss your chance to own this exceptional home in a prime location—schedule your showing today and explore the possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 2022
  • Stories: 2
  • Living Area: 2,184 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Other, Refrigerator, Microwave, Electric Range, Electric Water Heater, Dishwasher
  • Basement: No
  • Interior: Breakfast Room, High Ceilings, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Lighting, Gutters, Porch, Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Gravel

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: Hwy 153 N to TN-317 | Take exit 4 from TN-153 N to TN-317 Bonny Oaks Dr | Turn LEFT onto Bonny Oaks Dr | Turn left onto Lightfoot Mill Rd | Stay straight on Lightfoot Mill Rd will turn into New York Ave | House is on the LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $291
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

3118 New York Ave vs Chattanooga

94 DAYS ON ROCKET

+57 Days

$450,000

+$119.9K More

$206/SqFt

+$5 More

KEY TAKEAWAY

This property is $119.9K more than the Median Sold Price and $5/SqFt more 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: #1500190

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: 12/22/2024, 8:21:08 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

Sep 25, 2018Home Sold
$15,000
Jun 29, 2018Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$291$2,750
2019$76$2,750
2017$129$4,675

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-932870
3
/10
  • Hardy Elementary School

  • 2100 Glass St

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-932871
4
/10
  • Woodmore Elementary School

  • 800 Woodmore Ln

  • 2.59 miles

  • Public District Grades PK-5

school-card-donut-932872
2
/10
  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 2.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,667. Most Chattanooga, TN residents have annual incomes less than $35k. 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 3118 New York Ave

What is the listing price of this property?

The listing price of 3118 New York Ave property is $450,000.

What type of property is this?

The property 3118 New York Ave is a house located in Chattanooga, Tennessee, 37406.

Is this property for sale now?

Active Listing: 3118 New York 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 $291 (source: MLS/based on county public records data).

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

The last sale was on September 25, 2018 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3118 New York Ave has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 3118 New York Ave is 2,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3118 New York Ave is 2022.

Rocket HomesTennesseeHamilton CountyChattanooga374063118 New York Ave

This home is located at 3118 New York Ave in Chattanooga, TN and zip code 37406 in the Amnicola / East Chattanooga neighborhood. This 2,184 square foot home, which was built in 2022, sits on a 0.35 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $450,000.

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 homes for sale 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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