6 months on rocket

1516 Adams St # 114, Chattanooga, TN, 37408

$499,000

Home List Price

$5,926*

Closing Credit

1 Bedroom
1 Full Bath
930 SqFt
$537/SqFt
Townhouse
Schools Nearby

Location

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1516 Adams St # 114, Chattanooga$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOff Street Parking
Year Built2017
HeatingElectric
CoolingElectric
MLS #1382494
StatusActive

About 1516 Adams St # 114

Welcome to your future investment opportunity! Nestled on the charming Southside, this delightful townhome is more than just a property; it's a fully furnished and licensed short-term vacation rental with an impressive rental history. The perfect turnkey investment awaits you, as the sellers are generously transferring all licensing, LLC, and Airbnb listing information to the new owners.This beautifully maintained unit is designed to impress and accommodate every tenant who walks through its doors. The tasteful furnishings and stylish decor create a warm and inviting atmosphere, ensuring a comfortable stay for your guests. With its exceptional track record and welcoming ambiance, you can expect consistent rental income, making this townhome a smart investment choice.Don't miss out on this fantastic opportunity to own an adorable Southside townhome with a strong rental history. Contact us today to schedule a viewing and take the first step towards becoming the proud owner of a successful short-term vacation rental property.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Level, Site Built, Townhouse
  • Year Built: 2017
  • Living Area: 930 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Hardwood Solid, Tile
  • Interior: Ceiling - 9 Ft or More, Granite Counter Tops, Laundry Closet, Pantry, Walk-in Closet, Washer & Dryer Hookup

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • The Howard School, Public District Grades 9-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Orchard Knob Middle School, Public District Grades 6-8
  • Battle Academy For Teaching Learning, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From I24 take Exit 180A, Rossville Blvd / Right onto Central / Left on E Main / Left on Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $537/SqFt

HOA Fees:

  • Amount: $65
  • Frequency: Monthly
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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

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

1516 Adams St # 114 vs Chattanooga

180 DAYS ON ROCKET

+156 Days

$499,000

+$171.7K More

$537/SqFt

+$343 More

KEY TAKEAWAY

This property is $171.7K more than the Median Sold Price and $343/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1382494

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: 5/6/2024, 2:20:31 AM 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

$2,623

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-6768916
5
/10

  • Battle Academy For Teaching Learning

  • 1601 S Market St

  • 0.38 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-6768917
4
/10

  • Orchard Knob Middle School

  • 500 N Highland Park Ave

  • 1.60 miles

  • Public District Grades 6-8

High School

school-card-donut-6768918
2
/10

  • The Howard School

  • 2500 S Market St

  • 0.69 miles

  • Public District Grades 9-12

school-card-donut-6768919
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.22 miles

  • Public District Grades 6-12

school-card-donut-6768920
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 5.86 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,741. Most Chattanooga, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Adams St # 114

What is the listing price of this property?

The listing price of 1516 Adams St # 114 property is $499,000.

What type of property is this?

The property 1516 Adams St # 114 is a townhouse located in Chattanooga, Tennessee, 37408.

Is this property for sale now?

Active Listing: 1516 Adams St # 114 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 Adams St # 114 are:
Battle Academy For Teaching Learning: GreatSchools Rating 5/10
Orchard Knob Middle School: GreatSchools Rating 4/10
The Howard School: GreatSchools Rating 2/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
STEM School Chattanooga: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1516 Adams St # 114 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1516 Adams St # 114 is 930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Adams St # 114 is 2017.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37408›1516 Adams St # 114

This home is located at 1516 Adams St # 114 in Chattanooga, TN and zip code 37408 in the Southside neighborhood. This 930 square foot home was built in 2017. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $499,000.

While more than 96 listings in Chattanooga, TN in April 2024 were sold above asking price, there were more than 126 listings sold at asking price, and more than 140 were sold below. The inventory of homes for sale in Chattanooga, TN between March 2024 and April 2024 increased by 4%. In April 2024 median list price was $327,210 and the average listing age was 24 days.

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

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