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717 Federal St, Chattanooga, TN, 37405

$400,000

Home List Price

$4,750*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$381/SqFt
House

Location

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717 Federal St, Chattanooga$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Kitchen Level
Garage1 space
Year Built1930
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1504652
Lot Size0.48 Acres
StatusActive

About 717 Federal St

Welcome to 717 Federal Street, a charming 2-bedroom, 2-bathroom home nestled in the heart of North Chattanooga, one of the city's most sought-after neighborhoods. This is also a very short walk to Normal Park schools!! In fact, the upper (middle) school is visible from the driveway! This property sits on a rare double lot, presenting outstanding investment potential—whether you're considering rental income, adding an ADU, purchasing your first home, or pursuing development opportunities. The double lot provides the option to divide for future new builds, making it a versatile opportunity for investors or homeowners alike. This single-level home boasts classic charm with wood flooring throughout and a practical layout that balances comfort and functionality. The kitchen features an island workspace with bar seating, perfect for casual dining or meal prep. The living room leads to a covered back porch with a ceiling fan, providing a private outdoor retreat for morning coffee or evening relaxation. The primary bedroom includes an en suite bathroom with a walk-in shower and closet, while the second bedroom offers abundant natural light with two large windows. The fenced-in yard offers privacy and space for pets & gardening, and the paver-stone patio is perfect for outdoor gatherings. Additional conveniences include a driveway with off-street parking for multiple vehicles and a detached garage—a rare find in this area. While the home has great character, it also presents an opportunity for updates to add your personal touch and enhance its value. Don't miss this chance to own a property with so much potential in North Chattanooga. Schedule your showing today and explore the possibilities! Local lenders are preferred.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

Interior Features

Interior Information:

  • Appliances: Microwave, Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen, En Suite, Primary Downstairs, Separate Shower, Tub/shower Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Private Yard, Fence, Porch/Covered, Deck, Patio, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Faces Front, Kitchen Level

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level, Split Possible
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From downtown Chattanooga, head north on Market Street and cross Market Street Bridge. Continue on North Market Street and then Dallas Road. Turn right on W. Mississippi Ave. and turn left on Federal Street, keeping right at the fork. The home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $381/SqFt

Tax Information:

  • Annual Amount: $3,229
  • 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

717 Federal St vs Chattanooga

1 DAY ON ROCKET

-36 Days

$400,000

+$69.9K More

$381/SqFt

+$180 More

KEY TAKEAWAY

This property is $69.9K more than the Median Sold Price and $180/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: #1504652

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

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: 12/18/2024, 4:21:09 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

Dec 16, 2019Home Sold
$245,000
Apr 30, 2015Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,229$61,025
2019$1,687$61,025
2017$1,687$61,025

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-49402
5
/10

  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 1.75 miles

  • Public Magnet Grades KG-5

school-card-donut-49403
3
/10

  • Brown Academy

  • 718 E 8th St

  • 2.17 miles

  • Public Magnet Grades PK-5

school-card-donut-49404
5
/10

  • Rivermont Elementary School

  • 3330 Hixson Pike

  • 2.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,185. The most common annual income of people living in Chattanooga, TN is between $35k-100k. 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 717 Federal St

What is the listing price of this property?

The listing price of 717 Federal St property is $400,000.

What type of property is this?

The property 717 Federal St is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 717 Federal 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 $3,229 (source: MLS/based on county public records data).

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

The last sale was on December 16, 2019 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 717 Federal St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 717 Federal St is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 717 Federal St is 1930.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›717 Federal St

This home is located at 717 Federal St in Chattanooga, TN and zip code 37405 in the Riverview / Stuart Heights neighborhood. This 1,050 square foot home, which was built in 1930, sits on a 0.48 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $400,000.

While more than 47 listings in Chattanooga, TN in November 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 195 were sold below. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $330,018, while the average time on the real estate market was 37 days.

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

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