1 month on rocket

615 Colville St, Chattanooga, TN, 37405

$540,000

Home List Price

$6,413*

Closing Credit

0 Baths
1,624 SqFt
$333/SqFt
Multi
Schools Nearby

Location

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615 Colville St, Chattanooga$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street Parking
Year Built1920
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
MLS #1388041
Lot Size0.18 Acres
StatusActive

About 615 Colville St

Northshore Triplex; Vintage home Refurbished; 15 minute walk or 4 minute drive to Frazier Ave; 1 minute walk to Forest Ave. ; 8 to 10 Private Parking Spaces; Colville is an excellent street/and friendly neighborhood. Homes on the street are artfully designed and full of character, making this property an excellent value for investors. Properties with these lease rates are rare in the area. Owner had Crawl Space Solutions Service Floor Joists and purchased a lifetime warranty which transfers to new owner at no cost. Also added Vapor Barrier, with assumable annual microbial contract transferable to new owner for $240 per year. Please do not disturb tenants. Suite C is available for viewing while vacant. Suite A and Suite B are occupied and can be viewed during due diligence. Current Lease Rates are: Suite A $1,100; Suite B $1,450; Suite C $915. Normal Park Elementary and Middle (K-8); Red Bank High School.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,624 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s)

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 (at the Market St Bridge); Take Forrest Ave North for 0.7 miles; Turn right onto Colville St. ; House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $3,301
  • 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

615 Colville St vs Chattanooga

53 DAYS ON ROCKET

+14 Days

$540,000

+$214.6K More

$333/SqFt

+$141 More

KEY TAKEAWAY

This property is $214.6K more than the Median Sold Price and $141/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1388041

Listing Office:

  • Office Name: Keller Williams Realty

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, 3:25:15 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

Sep 17, 2013Home Sold
$147,000
Jan 04, 2006Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,301$62,440
2019$1,726$62,440
2017$1,727$62,440

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-3186163
5
/10

  • Normal Park Museum Magnet School

  • 1219 W Mississippi Ave

  • 0.51 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-3186164
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 1.37 miles

  • Public District Grades 6-12

school-card-donut-3186165
4
/10

  • Red Bank High School

  • 640 Morrison Springs Rd

  • 3.72 miles

  • Public District Grades 9-12

school-card-donut-3186166
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.10 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. Typical income of Chattanooga, TN residents is between $35k-100k annually. Most 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

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›615 Colville St

This home is located at 615 Colville St in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 1,624 square foot home, which was built in 1920, sits on a 0.18 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $540,000.

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. Between February 2024 and March 2024, Chattanooga, TN real estate market has seen increase in the number of listings 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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