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408 Chestnut St, Lafayette, GA, 30728

$159,000

Home List Price

$1,888*

Closing Credit

3 Bedrooms
2 Full Baths
1,372 SqFt
$116/SqFt
House

Location

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408 Chestnut St, LaFayette$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1940
HeatingElectric
CoolingElectric
MLS #1502583
Lot Size0.34 Acres
StatusActive

About 408 Chestnut St

This 3-bedroom, 2-bath home in Lafayette, set on a 0.34 acre lot, is a prime investment opportunity. Currently generating $1,395 in monthly rent, this property comes with a long-term tenant in place on a month to month tenancy. Enjoy steady rental income with minimal hassle, making this a perfect addition to your portfolio. Don't miss out on this chance to invest in a property with stable returns! Please do not disturb tenant.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,372 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (844) 591-7325

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Cooktop
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None, Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: From Lafayette. Turn left at the 1st cross street onto South Main St, Turn right onto W Main St, Turn left onto Chestnut St House will be on the right Turn left onto Chestnut St

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000
  • Price Per SqFt: $116/SqFt
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Housing Market Comparison

See how this home compares to others in LaFayette, GA.

Med. Sold Price

$210.8K

Med. Price/SqFt

$158

Avg. Days On Market

24

# of Sold Homes

8

408 Chestnut St vs LaFayette

39 DAYS ON ROCKET

+15 Days

$159,000

-$51.8K Less

$116/SqFt

-$42 Less

KEY TAKEAWAY

This property is $51.8K less than the Median Sold Price and $42/SqFt less than other homes in LaFayette, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1502583

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (844) 591-7325

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: 12/10/2024, 9:20:56 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

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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.

Nearby Schools

school-card-donut-1369179
6
/10
  • Gilbert Elementary School

  • 87 S Burnt Mill Rd

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-1369180
6
/10
  • North Lafayette Elementary School

  • 610 N Duke St

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-1369181
6
/10
  • Naomi Elementary School

  • 4038 E Highway 136

  • 4.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,702. Typical income of LaFayette, GA residents is less than $35k annually. Typical family type 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 408 Chestnut St

What is the listing price of this property?

The listing price of 408 Chestnut St property is $159,000.

What type of property is this?

The property 408 Chestnut St is a house located in Lafayette, Georgia, 30728.

Is this property for sale now?

Active Listing: 408 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 408 Chestnut St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 408 Chestnut St is 1,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Chestnut St is 1940.

Rocket HomesGeorgiaWalker CountyLaFayette30728408 Chestnut St

This home is located at 408 Chestnut St in Lafayette, GA and zip code 30728. This 1,372 square foot home, which was built in 1940, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $159,000.

In November 2024, from all listings sold in LaFayette, GA there were more than 2 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The number of listings in LaFayette, GA decreased by 4.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 24 days, the median list price was $210,882.

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

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