NOT LISTED FOR SALE

Estimated Value: $700,000 - $734,000

3 Beds
3.5 Baths
2,100 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $675,000 $321 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,983/month

16 Days on Market

Highlights

  • 0.28 Acre Lot
  • Contemporary Architecture
  • Balcony
  • Open Floorplan
  • Covered Patio or Porch
  • 3-minute walk to Jefferson Heights Park

About This Home

As of November 2024

Discover modern luxury in the heart of Chattanooga at 550 E Main Street, #106. This 3-bedroom, 3.5-bathroom townhome located is in the small Jefferson on Main Street development, which distinguishes itself from other new construction in the caliber of design, building materials, and overall quality of construction, on par with commercial builds. Built in 2020, this residence combines sleek contemporary design with practical living, perfectly situated in one of the city's most vibrant, walkable neighborhoods. With quick access to the Southside's buzzing dining, shopping, and cultural hotspots, and a front-row seat to the annual Main X24 parade from your covered patio, this townhome promises a lifestyle rich in convenience and excitement. One standout feature of this townhome is the industrial roll-up door that opens onto the covered patio, seamlessly blending indoor and outdoor spaces. The patio's modern design, with gray brick, wood accents, and black-framed windows, creates an inviting atmosphere perfect for soaking up the lively Main Street vibe. Step inside through the roll-up door to find a functional flex space, complete with a wet bar, wine cooler, and beverage fridge, ideal for hosting guests during events or cozy gatherings. This space can also serve as a dining area or general entertaining space. The second floor features sleek hardwood floors and an open-concept layout that connects the living room, additional dining area, and entertainment spaces. A versatile office or bedroom is also located on this level, complete with a convenient half bathroom, offering flexibility for remote work or guest accommodations. The kitchen is a chef's dream, boasting high-end appliances, custom gray cabinetry, stunning quartz countertops, and a contrasting white island with plenty of space for meal prep and casual dining.

Last Agent to Sell the Property

Sarah Brogdon

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232904416 License #324028 Listed on: 10/22/2024

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Ryan May

Real Estate Partners Chattanooga, LLC License #298465

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 2020

Lot Details

  • 0.28

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • ENERGY STAR Qualified Windows
  • Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Additional Features

  • Lot Dimensions are 92x134
  • Central Heating and Cooling System

Community Details

  • Jefferson On Main Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145L J 006 C101

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,633

Year Built

Built in 2020

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Kitchen Island
  • Appliances: Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 2100
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Balcony, Garage Door Opener
  • Construction Type: Stucco, Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached, Concrete
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size: 92x134
  • Lot Size Units: Acres
  • Parcel #: 145L J 006 C101
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5633

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2025
Sold by
Vartan Kirk Spencer
Bought by
Ironcrest Urban Properties Llc
Current Estimated Value
$711,975

Purchase Details

Closed on
Mar 8, 2025
Sold by
Growtha Llc
Bought by
Spencer Vartan Kirk
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ironcrest Urban Properties Llc -- Cumberland Title
Ironcrest Urban Properties Llc -- Cumberland Title
Spencer Vartan Kirk $705,000 Cumberland Title & Guaranty
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $675,000 -4.9% $321 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $710,000 +37.9% $338 / Sq Ft
02/12/2021 02/12/21 Sold $515,000 0.0% $245 / Sq Ft View Prior Sale
12/28/2020 12/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $515,000 -- $245 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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 $2,941 $131,475 $0 $0
2023 $2,941 $131,475 $0 $0
2022 $2,941 $131,475 $0 $0
2021 $5,366 $115,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2764110

Realtracs

APN: 145L-J-006-C101