2 months on rocket

Sale Pending

1620 Read Ave, Chattanooga, TN, 37408

$350,000

0.12 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #1386373
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 1620 Read Ave

LOCATION, LOCATION, LOCATION Welcome to SouthSide! Secure this RARE OPPORTUNITY to purchase one of the LAST remaining building lots on Read Ave in the highly sought after Fort Negley subdivision. Located just steps away from Main Street where on any given day, you can grab coffee at Frothy Monkey or Mean Mug, go to breakfast at Bluegrass Grill or Niedlov's, have lunch at FEED, Clyde's or State of Confusion, settle in to a nice dinner at STIR or Alleia and don't forget the late night cocktails and BRUNCH at Flying Squirrel and the always thrumming Station Street. Don't forget a great local selection of brewers and pubs including Play Wash Pint where you can enjoy a cold one with your four legged friends then walk them down to Jefferson Park for a game of catch! Southside's nightlife offers eclectic entertainment with Track29, The Comedy Catch, Songbirds & Southside Social! The lot is Zoned U-RA-3 so the investment potential is HERE! This Lot is very attractive! You really must see it in person! The pictures don't do it justice. At this price the lot will not last long. Setup a private showing today!

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

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 downtown take Market Street then left on E. Main Street. Right onto Rossville Ave. Right onto Read Ave. Lot is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $878
  • 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

1620 Read Ave vs Chattanooga

82 DAYS ON ROCKET

+43 Days

$350,000

+$24.6K More

KEY TAKEAWAY

This property is $24.6K more than the Median Sold Price in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1386373

Listing Office:

  • Office Name: EXP Realty, LLC

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, 8:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 12, 2021Home Sold
$187,700
Dec 11, 1991Home Sold
$13,000

Tax History

YEARPROP. TAXASSESSMENT
2020$878$14,400
2019$398$14,400
2017$398$14,400

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Elementary School

school-card-donut-2586293
5
/10
  • Battle Academy For Teaching Learning

  • 1601 S Market St

  • 0.16 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2586294
4
/10
  • Orchard Knob Middle School

  • 500 N Highland Park Ave

  • 1.76 miles

  • Public District Grades 6-8

High School

school-card-donut-2586295
2
/10
  • The Howard School

  • 2500 S Market St

  • 0.62 miles

  • Public District Grades 9-12

school-card-donut-2586296
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.24 miles

  • Public District Grades 6-12

school-card-donut-2586297
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 5.94 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,741. Typical income of Chattanooga, TN residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1620 Read Ave

What is the listing price of this property?

The listing price of 1620 Read Ave property is $350,000.

What type of property is this?

The property 1620 Read Ave is land located in Chattanooga, Tennessee, 37408.

Is this property for sale now?

Sale Pending: 1620 Read Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1620 Read Ave 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $878 (source: MLS/based on county public records data).

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

The last sale was on October 12, 2021 for $187,700. (source: MLS/tax record).

How much acreage is this property?

The property 1620 Read Ave is 0.12 acres.
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Rocket HomesTennesseeHamilton CountyChattanooga374081620 Read Ave

This home is located at 1620 Read Ave in Chattanooga, TN and zip code 37408 in the Southside neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $350,000.

Chattanooga, TN housing market in March 2024 saw over 81 listings sold above listed price, more than 108 sold at listed price and over 199 sold below. In March 2024 in Chattanooga, TN there were 8.1% more homes for sale than in February 2024. 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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