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Backup Offers

1407 Mississippi Ave, Chattanooga, TN, 37405

$885,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,085 SqFt
$424/SqFt
House
Schools Nearby

Location

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1407 Mississippi Ave, Chattanooga$885,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, Detached, Off Street Parking
Garage2 spaces
Year Built1920
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
FireplaceGas Logs, In Living Room
MLS #1381664
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 1407 Mississippi Ave

Welcome to 1407 Mississippi Avenue, your new haven in the sought-after Fairhills neighborhood of Riverview. This beautifully renovated bungalow has been meticulously reimagined, essentially reborn from the ground up. With 3 bedrooms, 2.5 bathrooms, and a spacious downstairs den that could easily serve as a 4th bedroom, this bungalow offers a surprisingly spacious living experience.Structurally, this home has undergone a comprehensive transformation, including almost complete reframing, fresh insulation, a brand-new architectural shingle roof, and pristine siding. The plumbing has been entirely replaced, from the main line into the home to the sewer line exiting it. The electrical service, wiring, and electric panel have been similarly updated. Even the windows have been upgraded to high-efficiency composite models, thoughtfully designed to match the original grid pattern of the home.The mechanical updates are equally impressive, featuring a new HVAC unit for the main level, all-new ductwork, a mini-split unit for the downstairs, and an efficient tankless gas water heater. Inside, you'll find fresh drywall, newly finished hardwood floors, period-appropriate craftsman trim, top-notch plumbing and light fixtures, and luxurious finishes throughout.Approaching the home, you'll be greeted by a welcoming flagstone walkway leading to the newly designed front porch. The attention to detail is evident, with cedar shake shingles in the gables, matching corbels, and weather-resistant cement-fiber siding. The craftsman-style wood front door adds a touch of classic charm. Step inside to discover an open-concept living space with a fireplace framed by a marble tile surround and hassle-free gas logs. The mantle is a reclaimed beam from the original home, flanked by stunning casement windows.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level, Site Built
  • Year Built: 1920
  • Living Area: 2,085 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Signature Brokers

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Oven, Gas Water Heater, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood Floors, Hardwood Solid, Tile
  • Interior: Island Work/Center, Laundry Room, Walk-in Closet
  • Fireplace: Gas Logs, In Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2 Car Garage, Detached, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
  • Normal Park Museum Magnet School, Public Magnet Grades PK-8

Other

Directions Information:

  • Directions: From Downtown Chattanooga, North across Veterans Bridge to Barton Avenue; Right on Mississippi Avenue; Home will be on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $885,000
  • Price Per SqFt: $424/SqFt

Tax Information:

  • Annual Amount: $3,572
  • Tax Year: 2020
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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

1407 Mississippi Ave vs Chattanooga

189 DAYS ON ROCKET

+150 Days

$885,000

+$559.6K More

$424/SqFt

+$232 More

KEY TAKEAWAY

This property is $559.6K more than the Median Sold Price and $232/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1381664

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Signature Brokers

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, 6:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2021Home Sold
$250,000
Nov 25, 1992Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,572$67,825
2019$1,875$67,825
2017$1,876$67,825

History based on county public records data.

Payment Calculator

$4,484

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,720

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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.

Middle School

school-card-donut-1986907
5
/10
  • Normal Park Museum Magnet School

  • 1219 W Mississippi Ave

  • 0.95 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-1986908
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.05 miles

  • Public District Grades 6-12

school-card-donut-1986909
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 3.94 miles

  • Public District Grades 9-10

school-card-donut-1986910
9
/10
  • Hamilton County Middle College High School At Chattanooga S

  • 4501 Amnicola Hwy

  • 3.94 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,185. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1407 Mississippi Ave

What is the listing price of this property?

The listing price of 1407 Mississippi Ave property is $885,000.

What type of property is this?

The property 1407 Mississippi Ave is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Accepting Backup Offers: 1407 Mississippi Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1407 Mississippi Ave are:
Normal Park Museum Magnet School: GreatSchools Rating 5/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
STEM School Chattanooga: GreatSchools Rating 8/10
Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,572 (source: MLS/based on county public records data).

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

The last sale was on August 13, 2021 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1407 Mississippi Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1407 Mississippi Ave is 2,085 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1407 Mississippi Ave is 1920.

Rocket HomesTennesseeHamilton CountyChattanooga374051407 Mississippi Ave

This home is located at 1407 Mississippi Ave in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 2,085 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 21, 2023 and is currently priced at $885,000.

Over 81 listings were sold over their listed price in March 2024 in Chattanooga, TN. In the same period over 199 listings were sold below the listed price and 108 listings were sold for the listed price. The inventory of homes for sale in Chattanooga, TN between February 2024 and March 2024 increased by 8.1%. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $325,305.

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

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