1 year on rocket

117 E 7th St Unit 504, Chattanooga, TN, 37402

$297,000

Home List Price

$3,527*

Closing Credit

1 Bedroom
1 Full Bath
372 SqFt
$798/SqFt
Condo

Location

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117 E 7th St Unit 504, Chattanooga$297,000

Buyer Closing Credits

$3,527*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street
Year BuiltNew Const., 1915
HeatingCentral
CoolingCentral Air
ViewCity, Mountain(s), Other
MLS #1376116
Lot Size0.10 Acres
StatusActive

About 117 E 7th St Unit 504

Looking to own the clouds and purchase a piece of Chattanooga's tallest historical living opulence? Welcome to the newly renovated historic ''Park Tower,'' once known as Park Hotel, soon to be Chattanooga's most luxurious and tallest condo building in downtown. The Park Hotel was known as the ritziest hotel in the city when it opened in 1915; it also projected peace of mind, as it was constructed of solid concrete and was considered fireproof. This 5th floor studio unit will boast a mixture of modern industrial design with exposed concrete and the fine craftsman-style finishes of a historical restoration of the early 1900s. We have named the design ''Gilded Industrial,'' and the entire building will contain the high-end finishes one would expect in a state of the art condominium: High ceilings, with exposed concrete. Burnished white concrete flooring, which will resemble marble. Original brick interior walls. Black stainless steel appliances. Custom kitchen cabinets, granite and quartz options for counter tops. Floor-to-ceiling windows. Full tile showers. In-unit washer/dryer hookups. Security and Surveillance. Building Doorman and Valet. Rooftop terrace and Rose Garden. Most units and common areas will boast panoramic views of the city and surrounding mountains. Work and live in historical grandeur without leaving the building. With the option to rent newly remodeled office space, You can be the most efficient you possible. The meticulously restored 1st floor/ lobby will accommodate local commercial tenants from the area's top restaurateurs and small boutique retailers. This fabulous location allows you to walk to your favorite downtown restaurants and retailers . Also nearby is the University of Tennesse at Chattanooga, Warehouse Row, the Tivoli Theater, Soldiers and Sailor's Memorial Auditorium, the Market St. Bridge, and the Chattanooga Aquarium. All Park Tower condos can be leased

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 372 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Basement: No
  • Flooring Type: Other
  • Interior: Elevator, En Suite, Granite Counters, High Ceilings, Open Floorplan, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Mountain(s), Other

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from East Brainerd Rd head west, turn right onto McCallie Ave. Remain on McCallie until crossing over intersection Georgia Ave you will be on 7th St building Is on the right. after Walnut St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,000
  • Price Per SqFt: $798/SqFt
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

Med. Sold Price

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

117 E 7th St Unit 504 vs Chattanooga

493 DAYS ON ROCKET

+458 Days

$297,000

-$32.3K Less

$798/SqFt

+$599 More

KEY TAKEAWAY

This property is $32.3K less than the Median Sold Price and $599/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1376116

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

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: 11/10/2024, 2:20:56 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-812801
3
/10
  • Brown Academy

  • 718 E 8th St

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-812802
5
/10
  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-812803
4
/10
  • Battle Academy

  • 1601 Market St

  • 0.86 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,962. Residents of Chattanooga, TN typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 E 7th St Unit 504

What is the listing price of this property?

The listing price of 117 E 7th St Unit 504 property is $297,000.

What type of property is this?

The property 117 E 7th St Unit 504 is a condo located in Chattanooga, Tennessee, 37402.

Is this property for sale now?

Active Listing: 117 E 7th St Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 117 E 7th St Unit 504 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 117 E 7th St Unit 504 is 372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 117 E 7th St Unit 504 is 1915.

Rocket HomesTennesseeHamilton CountyChattanooga37402117 E 7th St Unit 504

This home is located at 117 E 7th St Unit 504 in Chattanooga, TN and zip code 37402 in the City Center neighborhood. This 372 square foot home, which was built in 1915, sits on a 0.10 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 05, 2023 and is currently priced at $297,000.

In October 2024 more than 54 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 181 were sold below. The inventory of homes for sale in Chattanooga, TN between September 2024 and October 2024 decreased by 0.3%. The median list price of listings available in October 2024 was $329,348, while the average time on the real estate market was 35 days.

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

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