Prime location...North Chattanooga. Home features a total of 3 bedrooms and 2 full baths. Two bedrooms one bath on the main level, including hardwood floors, tile and a covered porch. The garden level of this home features a separate entrance 1 bedroom and 1 bathroom apartment. The home produces Airbnb income with the necessary city Airbnb permit. Airbnb income is $3000-$5000 per month, with $400 in utilities, this property nets $2500-$3500 per month. The rear alley way provides access to a utility garage along with space for off street parking, a true commodity in North Chattanooga. AFS recently made repairs to the foundation and provides a lifetime warranty for the repairs.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 1
Living Area: 2,426 SqFt
Listing Office:
Office Name: The James Company Real Estate Brokers & Development
Office Phone: (423) 499-9999
Interior Features
Interior Information:
Appliances: Electric Range
Basement: Yes
Flooring Type: Hardwood, Tile
Interior: Separate Dining Room, Tub/shower Combo
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Deck, Patio, Porch, Porch/Covered
Parking Information:
Garage Space: 1 space
Attached Garage: No
Lot Features
Lot Information:
Lot: Level, Sloped
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air, Electric
Other
Directions Information:
Directions: Frazier Ave to right Forest Ave, right on Colville, right on Lytle
Price Information
Listing Price Info
Price Summary:
List Price: $549,000
Price Per SqFt: $226/SqFt
Tax Information:
Annual Amount: $3,019
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,808
Per Month
Principal & Interest
$2,741
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
$1,712
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
5
/10
Chattanooga School for The Arts and Science Lower School
865 E 3rd St
Distance between this listing and this school1.26 miles
Public Magnet Grades KG-5
3
/10
Brown Academy
718 E 8th St
Distance between this listing and this school1.67 miles
Public Magnet Grades PK-5
4
/10
Battle Academy
1601 Market St
Distance between this listing and this school2.26 miles
Public Magnet Grades PK-5
Nearby Schools
6
/10
Normal Park Museum Magnet School
1219 W Mississippi Ave
Distance between this listing and this school0.62 miles
Public Magnet Grades PK-8
4
/10
Orchard Knob Middle School
500 N Highland Park Ave
Distance between this listing and this school2.08 miles
Public District Grades 6-8
5
/10
Chattanooga Preparatory School
1849 Union Ave
Distance between this listing and this school2.74 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Chatt High Center for Creative Arts
1301 Dallas Rd
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-12
7
/10
Chattanooga School for The Arts and Science Upper School
865 E 3rd St
Distance between this listing and this school1.26 miles
Public District Grades 6-12
6
/10
Chattanooga Girls Leadership Academy
1802 Bailey Ave
Distance between this listing and this school2.69 miles
The neighbors living near this home have an average income of $61,897. Residents of Chattanooga, TN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 522 Lytle St
What is the listing price of this property?
The listing price of 522 Lytle St property is $549,000.
What type of property is this?
The property 522 Lytle St is a house located in Chattanooga, Tennessee, 37405.
Is this property for sale now?
Active Listing: 522 Lytle 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 $3,019 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 10, 2003 for $32,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 522 Lytle St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 522 Lytle St is 2,426 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 522 Lytle St is 1940.
This home is located at 522 Lytle St in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 2,426 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2022 and is currently priced at $549,000.
Over 54 listings were sold over their listed price in October 2024 in Chattanooga, TN. In the same period over 181 listings were sold below the listed price and 108 listings were sold for the listed price. 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.