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$540,000   Price Analysis
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615 Colville St
Chattanooga, TN 37405
4 bed 3 bath 1,624 SqFt ($332/SqFt)
7,800SqFt lot. Built 1920
Listed 2024-03-07, Taxes $2,649
Ⓧ USDA Ineligible
due to location

near Chattanooga

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 charactr, 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 ow ner 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.


Presented by Roy Arick at
Keller Williams Realty.


Property MLS #1388041 from Chattanooga

Bedrooms: 4

Total Bathrooms: 0
Full Bathrooms: 3

Basement Features: Crawl Space
Basement Description: Crawl Space

Cooling Features: Central, Electric, Two or More Units
Heating Features: Two or More Units, Central, Electric
Heating: Yes

Lot Description: Level
Lot Size Acres: 0.1790634
Lot Size Dimensions: 52X150
Lot Size Square Feet: 7800

Association: Yes
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1

Elementary School: Normal Park Elementary
High School: Red Bank High School
Middle School: Normal Park Upper

Normal Park Museum Magnet School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Red Bank High School is a public high school located approximately 3.7 miles away.
directions icon Map directions

Girls Preparatory School is a private middle and high school located approximately 0.6 miles away.
directions icon Map directions

Private Yard
TV Cable Available
Community Features: Private Yard, TV Cable Available

Tenant Pays: All Utilities, Electricity, Water

Investor
Annual Tax Amount: 5314.760000000
Source Listing Status: Active
County: Hamilton
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.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Home Warranty: Yes
Owner Pays: All Utilities, Sewer, Water
Parcel Number: 135d K 035
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$118,440
$2,649
2021$unknown + $unknown
$118,440
$2,649
2020$unknown + $unknown
$62,440
$1,726
2019$unknown + $unknown
$62,440
$1,726
2018$unknown + $unknown
$62,440
$1,726
2017$unknown + $unknown
$62,440
$1,726
2016$unknown + $unknown
$33,600
$929
2015$unknown + $unknown
$33,600
$929
2014$unknown + $unknown
$33,600
$929
2013$unknown + $unknown
$33,600
$929
2012$unknown + $unknown
$34,560
$955
2011$unknown + $unknown
$34,560
$955
2010$unknown + $unknown
$34,560
$955
2009$unknown + $unknown
$34,560
$956
2008$unknown + $unknown
$30,240
$954
2007$unknown + $unknown
$30,240
$954

Price Changed 2024-04-18
$540,000
Chattanooga
Price Changed 2024-04-17
$510,000
Chattanooga
Listing removed 2024-04-12
$1,100
Chattanooga
Listing removed 2024-04-12
$850
Chattanooga
Price Changed 2024-03-14
$570,000
Chattanooga
Listed 2024-03-07
$590,000
Chattanooga
Sold 2022-04-13
$440,000
Public Record
Sold 2020-01-31
$300,250
Chattanooga
Listing removed 2017-07-07
$269,900
Chattanooga
Price Changed 2017-06-19
$269,900
Chattanooga
Price Changed 2017-06-16
$277,900
Chattanooga
Listed 2017-05-05
$284,900
Chattanooga
Sold 2013-10-18
$147,000
Chattanooga
Sold 2013-09-17
$147,000
Public Record
Sold 2006-01-04
$130,000
Public Record
Sold 1995-12-29
$24,000
Public Record

Year Built: 1920
Building Area Total: 1624
Building Exterior Type: Brick, Brick over Foundation, Siding, Stucco
Construction Materials: Brick, Brick over Foundation, Siding, Stucco
Levels: 1 Level
Property Age: 104
Roof: Shingle
Levels or Stories: 1
Total Area Sqft: 1624

Sewer: On Sewer, Public
Water Source: On Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.