Charming 1920s Duplex Package in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale for $900K for all three or $297K priced by itself. 4529 Balcomb St - MLS No. 1502325 4521 Balcomb St - MLS No. 1502327
Property Details
Property Features
Property Information:
Year Built: 1920
Stories: 1
Living Area: 1,063 SqFt
Listing Office:
Office Name: Lifestyles Realty Tennessee, Inc
Office Phone: (615) 686-2011
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Cooling: Multi Unit(s)
Other
Directions Information:
Directions: Travel south on Tennessee ave, turn left onto W 46th, turn left onto Balcomb St. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $900,000
Price Per SqFt: $847/SqFt
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 Chattanooga, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,559
Per Month
Principal & Interest
$4,492
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,765
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Calvin Donaldson Elementary School
927 W 37th St
Distance between this listing and this school1.02 miles
Public Magnet Grades PK-5
8
/10
Lookout Mountain Elementary School
321 N Bragg Ave
Distance between this listing and this school1.15 miles
Public District Grades KG-5
5
/10
Rossville Elementary School
1250 Wilson Rd
Distance between this listing and this school1.79 miles
Public District Grades PK-5
Nearby Schools
3
/10
East Lake Academy
2700 E 34th St
Distance between this listing and this school2.53 miles
Public Magnet Grades 6-8
3
/10
Chattanooga Charter School of Excellence Middle School
1912 S Willow St
Distance between this listing and this school3.09 miles
Public Charter Grades 6-8
5
/10
Chattanooga Preparatory School
1849 Union Ave
Distance between this listing and this school3.72 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
The Howard School
2500 Market St
Distance between this listing and this school2.19 miles
Public District Grades 9-12
5
/10
Lookout Valley Middle/High School
350 Lookout High St
Distance between this listing and this school3.31 miles
Public District Grades 6-12
4
/10
Ridgeland High School
2478 Happy Valley Rd
Distance between this listing and this school3.43 miles
The neighbors living near this home have an average income of $49,202. The majority of Chattanooga, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 4535 Balcomb St in Chattanooga, TN and zip code 37409 in the South Chattanooga neighborhood. This 1,063 square foot home, which was built in 1920, sits on a 0.08 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $900,000.
While more than 54 listings in Chattanooga, TN in October 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 181 were sold below. In October 2024 in Chattanooga, TN there were 0.3% less homes for sale than in September 2024. While the average time on the market in October 2024 was 35 days, the median list price was $329,348.
From Rocket Homes Real Estate and based on county public records data.