10 days on rocket

418 Thompson St, Chattanooga, TN, 37405

$289,900

Home List Price

$3,443*

Closing Credit

2 Bedrooms
1 Full Bath
777 SqFt
$373/SqFt
House
Schools Nearby

Location

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418 Thompson St, Chattanooga$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1945
HeatingElectric, Central
CoolingCentral Air, Electric
ViewCity
MLS #2643451
Lot Size0.18 Acres
StatusActive

About 418 Thompson St

Welcome to your modern oasis in the heart of Chattanooga's coveted Normal Park neighborhood! This charming home boasts contemporary updates throughout, blending classic charm with modern convenience. The inviting covered front porch is perfect for enjoying your morning coffee or greeting neighbors passing by. All of the interior updates ensure move-in ready condition, creating an easy transition for the next owner. To those looking for a more private outdoor spot, the expansive deck is ideal for al fresco dining, weekend BBQs, or simply soaking up the sun in your own secluded sanctuary. This gem is just steps away from all of North Shore's amenities, including shops, schools, parks, and a diverse array of restaurants. Currently operating as a successful short-term rental property, this home offers the flexibility to continue as an investment opportunity or transition into your dream home.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Living Area: 777 SqFt

Listing Office:

  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Office Phone: (423) 902-9445
  • Listing Agent: Nathan Torgerson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Other, Finished Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • Red Bank High School, Public District Grades 9-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Normal Park Museum Magnet School, Public Magnet Grades PK-8

Other

Directions Information:

  • Directions: From Frazier Ave, turn North onto Tremont St, Right onto Orr St, follow the road as it turns into Beck Ave, Right onto Thompson St, Home is on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $373/SqFt

Tax Information:

  • Annual Amount: $2,169
  • 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

418 Thompson St vs Chattanooga

10 DAYS ON ROCKET

-29 Days

$289,900

-$35.4K Less

$373/SqFt

+$181 More

KEY TAKEAWAY

This property is $35.4K less than the Median Sold Price and $181/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2643451

Listing Office:

  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Office Phone: (423) 902-9445
  • Listing Agent: Nathan Torgerson

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:48:14 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

Sep 24, 2021Home Sold
$170,000
Jul 30, 2003Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,169$40,000
2019$1,106$40,000
2017$1,106$40,000

History based on county public records data.

Payment Calculator

$1,514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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-1018255
5
/10

  • Normal Park Museum Magnet School

  • 1219 W Mississippi Ave

  • 0.79 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-1018256
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.09 miles

  • Public District Grades 6-12

school-card-donut-1018257
4
/10

  • Red Bank High School

  • 640 Morrison Springs Rd

  • 4.00 miles

  • Public District Grades 9-12

school-card-donut-1018258
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.21 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 $61,897. Residents of Chattanooga, TN typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 418 Thompson St

What is the listing price of this property?

The listing price of 418 Thompson St property is $289,900.

What type of property is this?

The property 418 Thompson St is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 418 Thompson 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 418 Thompson St are:
Normal Park Museum Magnet School: GreatSchools Rating 5/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
Red Bank High School: GreatSchools Rating 4/10
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 $2,169 (source: MLS/based on county public records data).

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

The last sale was on September 24, 2021 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 418 Thompson St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 418 Thompson St is 777 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 418 Thompson St is 1945.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›418 Thompson St

This home is located at 418 Thompson St in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 777 square foot home, which was built in 1945, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $289,900.

In March 2024 more than 81 listings in Chattanooga, TN were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 199 were sold below. In March 2024 in Chattanooga, TN there were 8.1% more homes for sale than in February 2024. In March 2024 median list price was $325,305 and the average listing age was 39 days.

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

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