3 months on rocket

2585 E 40th St, Chattanooga, TN, 37407

$143,000

Home List Price

$1,698*

Closing Credit

1 Bedroom
1 Full Bath
644 SqFt
$222/SqFt
House
Schools Nearby

Location

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2585 E 40th St, Chattanooga$143,000

Buyer Closing Credits

$1,698*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street Parking
Year Built1925
HeatingElectric
CoolingElectric
MLS #1385820
Lot Size0.07 Acres
StatusActive

About 2585 E 40th St

Convenience! Efficiency! Affordability!- If that's what you're looking for then look no further!- Come check out this adorable home with a level, private fenced back yard. - Call today for more information!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1925
  • Living Area: 644 SqFt

Listing Office:

  • Office Name: Weichert Realtors SEM Associates Etowah

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Luxury Vinyl Planks

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

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
  • East Lake Academy of Fine Arts, Public Magnet Grades 6-8
  • Clifton Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: S on Dodds Ave to Right on E 40th St Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $143,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $213
  • 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

$325.3K

Med. Price/SqFt

$192

Avg. Days On Market

39

# of Sold Homes

388

2585 E 40th St vs Chattanooga

92 DAYS ON ROCKET

+53 Days

$143,000

-$182.3K Less

$222/SqFt

+$30 More

KEY TAKEAWAY

This property is $182.3K less than the Median Sold Price and $30/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1385820

Listing Office:

  • Office Name: Weichert Realtors SEM Associates Etowah

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: 4/29/2024, 5:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$213$2,650
2019$73$2,650
2017$73$2,650

History based on county public records data.

Payment Calculator

$781

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$495

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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-2913281
3
/10

  • Clifton Hills Elementary School

  • 1815 E 32nd St

  • 0.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2913282
3
/10

  • East Lake Academy of Fine Arts

  • 2700 E 34th St

  • 0.32 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2913283
2
/10

  • The Howard School

  • 2500 S Market St

  • 2.44 miles

  • Public District Grades 9-12

school-card-donut-2913284
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.67 miles

  • Public District Grades 6-12

school-card-donut-2913285
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 7.59 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 $30,282. Typical income of Chattanooga, TN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2585 E 40th St

What is the listing price of this property?

The listing price of 2585 E 40th St property is $143,000.

What type of property is this?

The property 2585 E 40th St is a house located in Chattanooga, Tennessee, 37407.

Is this property for sale now?

Active Listing: 2585 E 40th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2585 E 40th St are:
Clifton Hills Elementary School: GreatSchools Rating 3/10
East Lake Academy of Fine Arts: GreatSchools Rating 3/10
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 $213 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2585 E 40th St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2585 E 40th St is 644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2585 E 40th St is 1925.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37407›2585 E 40th St

This home is located at 2585 E 40th St in Chattanooga, TN and zip code 37407 in the East Lake neighborhood. This 644 square foot home, which was built in 1925, sits on a 0.07 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 27, 2024 and is currently priced at $143,000.

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 number of listings in Chattanooga, TN increased by 8.1% between February 2024 and March 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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