117 E 7th St Chattanooga, TN 37402
City Center NeighborhoodEstimated payment $1,708/month
Highlights
- Concierge
- Fitness Center
- New Construction
- Housekeeping Services
- Building Security
- 1-minute walk to Phillips Park
About This Home
Experience the charm of historic downtown living—modernized with style and character in an iconic Chattanooga landmark. Welcome to The Residences at Park Hotel, where timeless architecture meets contemporary convenience. This west-facing studio condo is located on the 5th floor of the beautifully restored former Park Hotel—originally built in 1915 as Chattanooga's first fireproof luxury hotel. Today, this historic gem has been thoughtfully reimagined into a collection of modern urban residences. Inside, you'll find exposed original brick, tall 9-foot ceilings, and oversized windows that flood the space with natural light and offer stunning views of downtown and Moccasin Bend. Designed with flexibility in mind, the unit includes washer/dryer hookups and space for custom closet configurations—perfect for creating a personalized and efficient living area. This property offers an unparalleled lifestyle with two on-site restaurants located right inside the building. One features a stylish speakeasy-perfect for intimate gatherings- while the other will include a stunning rooftop terrace with sweeping city and mountain views, ideal for entertaining or enjoying peaceful evenings under the stars. Garage parking is available next door for added convenience. The following amenities are currently under discussion and may include smart building access, concierge service, a fitness center, a dog wash station, and smart laundry facilities. Located in the heart of downtown Chattanooga, you're just steps from coffee shops, restaurants, boutiques, parks, and entertainment. Whether you're looking for a stylish home base, a weekend getaway, or an income property (no rental restrictions through the COA), this studio is a rare opportunity to own a piece of the city's rich history—revitalized for modern living. Schedule your private tour today and experience the best of downtown life.
Open House Schedule
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Sunday, December 14, 20252:00 to 5:00 pm12/14/2025 2:00:00 PM +00:0012/14/2025 5:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,576
Year Built
- Built in 2025 | New Construction
HOA Fees
- $197 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Membrane Roofing
- Metal Siding
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 367 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Tinted Windows
- Aluminum Window Frames
- Property Views
Kitchen
- Built-In Electric Range
- Microwave
- Built-In Refrigerator
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Concrete
- Marble
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- En-Suite Bathroom
- Dual Closets
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Home Security System
- Smart Lights or Controls
- Security Lights
- Smart Locks
- Panic Alarm
Parking
- Secured Garage or Parking
- On-Street Parking
Accessible Home Design
- Adaptable Bathroom Walls
- Enhanced Accessible Features
Schools
- Brown Academy Elementary School
- Orchard Knob Middle School
- Howard School Of Academics & Tech High School
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
- Underground Utilities
- Water Heater
- High Speed Internet
- Internet Available
- Cable TV Available
Additional Features
- Exterior Lighting
- The property is located in a historic district
- Bureau of Land Management Grazing Rights
Listing and Financial Details
- Assessor Parcel Number 145d-A-009 C5b
Community Details
Overview
- $500 Initiation Fee
- Association fees include insurance, internet, maintenance structure, security, trash
- High-Rise Condominium
- Original Town Market Street Subdivision
Amenities
- Concierge
- Housekeeping Services
- Rooftop Deck
- Restaurant
- Laundry Facilities
- Elevator
Recreation
- Fitness Center
Building Details
- Security
Security
- Building Security
- Resident Manager or Management On Site
- Card or Code Access
- Building Fire Alarm
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
- Firewall
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,576 | $785,600 | $0 | $0 |
| 2023 | $17,576 | $785,600 | $0 | $0 |
| 2022 | $17,576 | $785,600 | $0 | $0 |
| 2021 | $17,576 | $785,600 | $0 | $0 |
| 2020 | $13,020 | $0 | $0 | $0 |
| 2019 | $139 | $0 | $0 | $0 |
| 2018 | $126 | $0 | $0 | $0 |
| 2017 | $115 | $0 | $0 | $0 |
| 2016 | $115 | $0 | $0 | $0 |
| 2015 | $115 | $0 | $0 | $0 |
| 2014 | $115 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $289,000 | 0.0% | $556 / Sq Ft | |
| 12/07/2025 12/07/25 | Off Market | $289,000 | -- | -- | |
| 12/05/2025 12/05/25 | For Sale | $474,000 | -3.1% | $578 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $489,000 | +102.1% | $596 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $242,000 | -30.7% | $659 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $349,000 | +34.7% | $649 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $259,000 | +4.0% | $706 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $249,000 | -15.3% | $654 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $294,000 | -4.9% | $565 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $309,000 | -13.0% | $594 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $355,000 | -22.7% | $683 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $459,000 | +94.5% | $560 / Sq Ft | |
| 12/05/2025 12/05/25 | For Sale | $236,000 | -20.3% | $567 / Sq Ft | |
| 12/03/2025 12/03/25 | Pending | -- | -- | -- | |
| 11/18/2025 11/18/25 | Pending | -- | -- | -- | |
| 11/18/2025 11/18/25 | Price Changed | $296,000 | +5.7% | $550 / Sq Ft | |
| 11/11/2025 11/11/25 | Pending | -- | -- | -- | |
| 10/29/2025 10/29/25 | Sold | $280,000 | +26.7% | $520 / Sq Ft | View Prior Sale |
| 10/23/2025 10/23/25 | Sold | $221,000 | -6.8% | $580 / Sq Ft | View Prior Sale |
| 10/16/2025 10/16/25 | Sold | $237,000 | -11.9% | $622 / Sq Ft | View Prior Sale |
| 09/12/2025 09/12/25 | Off Market | $269,000 | -- | -- | |
| 09/09/2025 09/09/25 | For Sale | $269,000 | -10.0% | $500 / Sq Ft | |
| 09/08/2025 09/08/25 | For Sale | $299,000 | +26.2% | $556 / Sq Ft | |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- | |
| 08/09/2025 08/09/25 | Pending | -- | -- | -- | |
| 08/07/2025 08/07/25 | Pending | -- | -- | -- | |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- | |
| 07/28/2025 07/28/25 | For Sale | $237,000 | -10.6% | $622 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $265,000 | -26.2% | $696 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $359,000 | -74.3% | $667 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $1,399,000 | +66.7% | $724 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $839,000 | +20.0% | $789 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $699,000 | +4.5% | $613 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $669,000 | -7.0% | $905 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $719,000 | +148.8% | $624 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $289,000 | -35.6% | $556 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $449,000 | +103.2% | $548 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $221,000 | +1.8% | $580 / Sq Ft | |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- | |
| 06/05/2025 06/05/25 | For Sale | $217,000 | -- | $591 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $309,000 | Bridge City Title | |
| Warranty Deed | $280,000 | Bridge City Title | |
| Warranty Deed | $350,000 | Bridge City Title | |
| Warranty Deed | $221,000 | Bridge City Title | |
| Warranty Deed | $237,000 | Bridge City Title | |
| Special Warranty Deed | $4,500,000 | -- | |
| Special Warranty Deed | $1,800,000 | None Available | |
| Quit Claim Deed | $1,550,000 | Title Guaranty & Trust Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,794 | New Conventional | |
| Closed | $189,600 | New Conventional | |
| Previous Owner | $2,650,000 | Seller Take Back | |
| Previous Owner | $1,350,000 | Purchase Money Mortgage |
Source: Greater Chattanooga REALTORS®
MLS Number: 1517595
APN: 145D-A-009
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