6 months on rocket

623 Spears Ave, Chattanooga, TN, 37405

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,319 SqFt
$171/SqFt
House

Location

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623 Spears Ave, Chattanooga$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage Faces Side, Off Street
Year Built1910
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1394071
StatusActive

About 623 Spears Ave

** Under Contract with a first right of refusal...Welcome to this unique investment opportunity situated in a highly sought-after area. This area is known for its vibrant community and convenient location in Northshore. While the home is in need of intense renovation it offers immense potential for the right investor! Could also be used as a buildable lot. Please use caution when entering the home and all showings must be held during daylight hours. SOLD AS IS!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1
  • Living Area: 1,319 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Carpet, Linoleum
  • Interior: High Speed Internet, Primary Downstairs, Separate Dining Room, Tub/shower Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Garage Faces Front, Garage Faces Side, Off Street

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Cherokee Blvd to spears ave home is on the left; North Market to Bell ave to Right on spears home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $171/SqFt

Tax Information:

  • Annual Amount: $1,857
  • 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

623 Spears Ave vs Chattanooga

182 DAYS ON ROCKET

+145 Days

$225,000

-$105K Less

$171/SqFt

-$30 Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price and $30/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: #1394071

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: 12/17/2024, 11:51:07 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

Mar 25, 1997Home Sold
$30,000
Jul 12, 1996Home Sold
$30,000
May 25, 1990Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,857$33,800
2019$934$33,800
2017$935$33,800

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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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-4328979
5
/10

  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 1.61 miles

  • Public Magnet Grades KG-5

school-card-donut-4328980
3
/10

  • Brown Academy

  • 718 E 8th St

  • 1.89 miles

  • Public Magnet Grades PK-5

school-card-donut-4328981
4
/10

  • Battle Academy

  • 1601 Market St

  • 2.33 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,340. The majority of Chattanooga, TN residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 623 Spears Ave

What is the listing price of this property?

The listing price of 623 Spears Ave property is $225,000.

What type of property is this?

The property 623 Spears Ave is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 623 Spears 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 $1,857 (source: MLS/based on county public records data).

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

The last sale was on March 25, 1997 for $30,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 623 Spears Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 623 Spears Ave is 1,319 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 623 Spears Ave is 1910.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›623 Spears Ave

This home is located at 623 Spears Ave in Chattanooga, TN and zip code 37405 in the Northside / Cherokee neighborhood. This 1,319 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 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 inventory of homes for sale in Chattanooga, TN between October 2024 and November 2024 decreased by 6.9%. 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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