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Backup Offers

510 Spears Ave, Chattanooga, TN, 37405

$345,500

Home List Price

$4,103*

Closing Credit

2 Bedrooms
1 Full Bath
1,150 SqFt
$300/SqFt
House
Schools Nearby

Location

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510 Spears Ave, Chattanooga$345,500

Buyer Closing Credits

$4,103*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street Parking
Year Built1940
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1389593
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 510 Spears Ave

Welcome to 510 Spears Avenue, just minutes from downtown Chattanooga! This 2-bedroom, 1-bathroom home offers laid-back comfort and urban convenience. The fenced-in backyard is perfect for BBQs and relaxation. Inside, enjoy modern flooring in the main living areas and a kitchen with granite countertops and bar seating. The bathroom features tile flooring and granite countertops, while one bedroom boasts an elegant walk-in closet. Outside, relax on the covered front porch or entertain on the back deck. With an outbuilding for extra storage and a history of successful Airbnb hosting, this property offers both investment potential and a cozy retreat. Don't miss out on your chance to experience Chattanooga's charm in this modern yet relaxed home. Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1940
  • Living Area: 1,150 SqFt

Listing Office:

  • Office Name: The Real Estate Mavericks

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Electric Water Heater
  • Basement: No
  • Flooring Type: Luxury Vinyl Planks, Tile
  • Interior: Granite Counter Tops, Laundry Closet, Walk-in Closet, Washer & Dryer Hookup

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Out Building, Patio/Deck, Porch Covered

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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
  • Red Bank Middle School, Public District Grades 6-8
  • Red Bank Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From downtown Chattanooga, head North on the Market Street bridge towards North Shore / go past Publix and Mattress Firm and turn left onto Bush Street / take the next right onto Spears Ave / house is on the right, straight across from Ziegler Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,500
  • Price Per SqFt: $300/SqFt

Tax Information:

  • Annual Amount: $1,298
  • 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

510 Spears Ave vs Chattanooga

25 DAYS ON ROCKET

-14 Days

$345,500

+$20.1K More

$300/SqFt

+$108 More

KEY TAKEAWAY

This property is $20.1K more than the Median Sold Price and $108/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389593

Listing Office:

  • Office Name: The Real Estate Mavericks

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, 2:25:16 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

Aug 10, 2020Home Sold
$264,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,298$22,725
2019$628$22,725

History based on county public records data.

Payment Calculator

$1,792

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,102

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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-3154306
4
/10
  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 3.05 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3154307
3
/10
  • Red Bank Middle School

  • 3701 Tom Weathers La

  • 3.68 miles

  • Public District Grades 6-8

High School

school-card-donut-3154308
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.47 miles

  • Public District Grades 6-12

school-card-donut-3154309
4
/10
  • Red Bank High School

  • 640 Morrison Springs Rd

  • 3.84 miles

  • Public District Grades 9-12

school-card-donut-3154310
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.68 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,340. Most Chattanooga, TN residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Spears Ave

What is the listing price of this property?

The listing price of 510 Spears Ave property is $345,500.

What type of property is this?

The property 510 Spears Ave is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Accepting Backup Offers: 510 Spears Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 510 Spears Ave are:
Red Bank Elementary School: GreatSchools Rating 4/10
Red Bank Middle School: GreatSchools Rating 3/10
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 $1,298 (source: MLS/based on county public records data).

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

The last sale was on August 10, 2020 for $264,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 510 Spears Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 510 Spears Ave is 1,150 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Spears Ave is 1940.

Rocket HomesTennesseeHamilton CountyChattanooga37405510 Spears Ave

This home is located at 510 Spears Ave in Chattanooga, TN and zip code 37405 in the Northside / Cherokee neighborhood. This 1,150 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $345,500.

In March 2024, from all listings sold in Chattanooga, TN there were more than 81 sold above asking price, over 199 sold below and more than 108 were sold right at the asked price. Between February 2024 and March 2024, Chattanooga, TN real estate market has seen increase in the number of listings by 8.1%. While the average time on the market in March 2024 was 39 days, the median list price was $325,305.

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

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