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Backup Offers

517 Colby St, Chattanooga, TN, 37405

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
3 Full Baths
1,655 SqFt
$378/SqFt
House
Schools Nearby

Location

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517 Colby St, Chattanooga$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Garage, Detached, Main Level, Off Street Parking, Rear Loading
Garage1 space
Year Built2008
HeatingCentral, Natural Gas
CoolingMulti Unit(s), Central Air, Electric
FireplaceGas Logs, In Great Room
ViewMountain(s)
MLS #1389768
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Contingent)

About 517 Colby St

Welcome to your enchanting new abode - a 3-bedroom, 3-bathroom cottage nestled in the heart of North Chattanooga, graced by the esteemed Normal Park School Zone. Adorned with a charming white picket fence, this home invites you in with a meticulously landscaped lawn, complete with a flagstone and stamped concrete patio perfect for outdoor gatherings. Step onto the welcoming wrap-around porch to revel in the awe-inspiring mountain vistas that surround you. As you enter, be captivated by the timeless allure of hardwood flooring, leading you into a spacious great room boasting a soaring cathedral ceiling and a cozy gas fireplace - an ideal space for both relaxation and entertainment. The kitchen, adorned with hardwoods, granite countertops, and sleek stainless steel appliances, beckons to the culinary enthusiast within. Choose from two luxurious master suites, each offering unparalleled comfort and seclusion - one conveniently located on the main floor, and another nestled upstairs. A bonus bedroom on the main level adds versatility to the home's layout, catering to your unique needs and preferences. Indulge in the convenience of easy access to local amenities, including tennis courts, a ball field, and a playground, as well as the vibrant offerings of Coolidge Park, Northshore's premier dining and shopping destinations, and the iconic Walnut Street Bridge. Welcome home to a life of comfort, convenience, and endless possibilities in North Chattanooga.

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Level, Site Built
  • Year Built: 2008
  • Living Area: 1,655 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices J Douglas Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Electric Water Heater
  • Basement: No
  • Flooring Type: Hardwood Floors, Tile
  • Interior: Attic Storage - Ceiling, Ceiling - 9 Ft or More, Ceiling - Cathedral, Granite Counter Tops, Laundry Closet, Walk-in Closet, Washer & Dryer Hookup
  • Fireplace: Gas Logs, In Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Fence, Patio/Deck, Porch Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 1 Car Garage, Detached, Main Level, Off Street Parking, Rear Loading

Lot Features

Lot Information:

  • Lot: Level, Views
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Multi Unit(s), 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: Head south on Tremont St toward Hixson Pike. Then, take a right at the 1st cross street onto Hixson Pike and shortly after, turn left onto Colby St. Your destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $378/SqFt

Tax Information:

  • Annual Amount: $3,962
  • 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

517 Colby St vs Chattanooga

12 DAYS ON ROCKET

-27 Days

$625,000

+$299.6K More

$378/SqFt

+$186 More

KEY TAKEAWAY

This property is $299.6K more than the Median Sold Price and $186/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389768

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices J Douglas Properties

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: 4/30/2024, 6:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2015Home Sold
$315,000
Mar 26, 2009Home Sold
$259,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,962$75,550
2019$2,089$75,550
2017$2,089$75,550

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-3549902
5
/10
  • Normal Park Museum Magnet School

  • 1219 W Mississippi Ave

  • 0.69 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-3549903
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.22 miles

  • Public District Grades 6-12

school-card-donut-3549904
4
/10
  • Red Bank High School

  • 640 Morrison Springs Rd

  • 3.90 miles

  • Public District Grades 9-12

school-card-donut-3549905
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.32 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,897. The most common annual income of people living in Chattanooga, TN is between $35k-100k. The majority of 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 517 Colby St

What is the listing price of this property?

The listing price of 517 Colby St property is $625,000.

What type of property is this?

The property 517 Colby St is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Accepting Backup Offers: 517 Colby St 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 517 Colby 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 $3,962 (source: MLS/based on county public records data).

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

The last sale was on December 2, 2015 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 517 Colby St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 517 Colby St is 1,655 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 517 Colby St is 2008.

Rocket HomesTennesseeHamilton CountyChattanooga37405517 Colby St

This home is located at 517 Colby St in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 1,655 square foot home, which was built in 2008, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $625,000.

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. The inventory of homes for sale in Chattanooga, TN between February 2024 and March 2024 increased by 8.1%. The median list price of listings available in March 2024 was $325,305, while the average time on the real estate market was 39 days.

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

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