2 months on rocket

1000 E Martin Luther King Blvd Unit 101, Chattanooga, TN, 37403

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,594 SqFt
$313/SqFt
Condo
Schools Nearby

Location

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1000 E Martin Luther King Blvd Unit 101, Chattanooga$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingMain Level, Off Street Parking
Year Built2007
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceIn Great Room
ViewCity
MLS #1387271
Lot Size1.00 Acres
StatusActive

About 1000 E Martin Luther King Blvd Unit 101

Step into timeless elegance with this one-level, thoughtfully renovated condo located in the vibrant heart of Chattanooga, TN. Perfectly situated within an iconic & historic Chattanooga building that exudes character and charm. The E. MLK condo offers a seamless blend of modern comforts and historic allure. Formerly Park Place School, underwent a major $3.5 million restoration in 2007 by renowned local architect Thomas Johnson who had the vision of creating a unique residential development. This unit features many upgrades including a New Trane HVAC unit, new poured concrete patio, new electric water heater, new washer & dryer, renovated bathrooms, spacious butlers area. Other features include high ceilings, beautiful large tempered glass windows, travertine floors & granite countertops.Enjoy maintenance free living, the roof-top deck, gated, private parking, deeded storage area for your additional storage needs. There is the ability to add on to this unit only with an expansion space available. This is the only unit in Park Place that has its own PRIVATE ENTRANCE.Highly desirable downtown area which offers many amenities such as Chattanooga's amazing food scene, coffee houses, breweries, downtown shopping, parks, entertainment just minutes away.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level, Condo, Site Built
  • Year Built: 2007
  • Living Area: 1,594 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Trash Compactor, Washer
  • Basement: No
  • Flooring Type: Tile
  • Interior: Ceiling - 9 Ft or More, Granite Counter Tops, Island Work/Center, Laundry Room, Walk-in Closet, Washer & Dryer Hookup, Wet Bar/Refresh Center
  • Fireplace: In Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Fence, Patio/Deck

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off Street Parking

Lot Features

Lot Information:

  • Lot: City Lot, Corner Lot
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • The Howard School, Public District Grades 9-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Orchard Knob Middle School, Public District Grades 6-8
  • Tommie F. Brown International Academy, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From downtown,East on E MLK,Park Place School Building on the right at Fairview,at the top of hill before Central Avenue.Key and fob in the supra. Supra is located on the gate to the right of the main entrance stairs. Lockbox number is 32627034.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $313/SqFt

HOA Fees:

  • Amount: $365
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$192

Avg. Days On Market

39

# of Sold Homes

388

1000 E Martin Luther King Blvd Unit 101 vs Chattanooga

65 DAYS ON ROCKET

+26 Days

$499,000

+$173.6K More

$313/SqFt

+$121 More

KEY TAKEAWAY

This property is $173.6K more than the Median Sold Price and $121/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1387271

Listing Office:

  • Office Name: Keller Williams Realty

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: 4/28/2024, 9:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,923

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Elementary School

school-card-donut-2617895
3
/10
  • Tommie F. Brown International Academy

  • 718 E 8th St

  • 0.42 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2617896
4
/10
  • Orchard Knob Middle School

  • 500 N Highland Park Ave

  • 1.02 miles

  • Public District Grades 6-8

High School

school-card-donut-2617897
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 0.72 miles

  • Public District Grades 6-12

school-card-donut-2617898
2
/10
  • The Howard School

  • 2500 S Market St

  • 1.32 miles

  • Public District Grades 9-12

school-card-donut-2617899
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 5.24 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,589. Typical income of Chattanooga, TN residents is less than $35k annually. The most common type of family is 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 1000 E Martin Luther King Blvd Unit 101

What is the listing price of this property?

The listing price of 1000 E Martin Luther King Blvd Unit 101 property is $499,000.

What type of property is this?

The property 1000 E Martin Luther King Blvd Unit 101 is a condo located in Chattanooga, Tennessee, 37403.

Is this property for sale now?

Active Listing: 1000 E Martin Luther King Blvd Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1000 E Martin Luther King Blvd Unit 101 are:
Tommie F. Brown International Academy: GreatSchools Rating 3/10
Orchard Knob Middle School: GreatSchools Rating 4/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
The Howard School: GreatSchools Rating 2/10
STEM School Chattanooga: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1000 E Martin Luther King Blvd Unit 101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1000 E Martin Luther King Blvd Unit 101 is 1,594 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1000 E Martin Luther King Blvd Unit 101 is 2007.

Rocket HomesTennesseeHamilton CountyChattanooga374031000 E Martin Luther King Blvd Unit 101

This home is located at 1000 E Martin Luther King Blvd Unit 101 in Chattanooga, TN and zip code 37403 in the Downtown Chattanooga neighborhood. This 1,594 square foot home, which was built in 2007, sits on a 1.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $499,000.

While more than 81 listings in Chattanooga, TN in March 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 199 were sold below. The inventory of homes for sale in Chattanooga, TN between February 2024 and March 2024 increased by 8.1%. Listings spent 39 days on the market in March 2024, and had a median list price of $325,305 during the same period.

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

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