NOT LISTED FOR SALE

701 Summit Ave Chattanooga, TN 37412

Estimated Value: $279,000 - $336,000

2 Beds
2 Baths
1,100 Sq Ft
$273/Sq Ft Est. Value

About This Home

Discover comfortable living in this spacious 1100 sq ft, 2-bedroom, 1.5-bath townhome. Thoughtfully designed to offer convenience, this property is equipped with a full suite of appliances including a dishwasher, microwave, stove/oven, and refrigerator. The interior features accessible central air conditioning to ensure comfort throughout the seasons. Ample off-street parking is available, highlighting the property’s practical setup. The layout offers a versatile space for everyday needs and activities.

Whether you're entertaining or enjoying a quiet night in, this home provides a welcoming space to meet your everyday lifestyle requirements.

Pets: Yes to dogs and cats. Small only.
Pet policy: $35/month pet rent and a $325 pet deposit.
Residents are responsible for all utilities.

Application; administration and additional fees may apply.
Pet fees and pet rent may apply.

All residents will be enrolled in the Resident Benefits Package (RBP) for $49.99/month and the Building Protection Plan for $11/month, which includes credit building, HVAC air filter delivery (for applicable properties), utility setup assistance at move-in, on-demand pest control, and much more! Contact your leasing agent for more information. A security deposit will be required before signing a lease.

1 Gig internet service for $65.95/month. Please confirm service availability with our team before activation.

The first person to pay the deposit and fees will have the opportunity to move forward with a lease. You must be approved to pay the deposit and fees.

Beware of scammers! Please contact Evernest Property Management at before leasing. Evernest will never request you to pay with Cash App, Zelle, Facebook, or any third party money transfer system.
This property allows self guided viewing without an appointment. Contact for details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2024
Sold by
Gagnon Cody and Sexton Matthew
Bought by
Folbrecht Nathan
Current Estimated Value
$299,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,125
Outstanding Balance
$207,600
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$92,344

Purchase Details

Closed on
Jun 23, 2022
Sold by
Ray Randall E and Ray Teena A
Bought by
Music City Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Folbrecht Nathan $281,500 Foundation Title
Music City Holdings Llc $140,000 None Listed On Document
Music City Holdings Llc $140,000 None Listed On Document
Gagnon Cody $175,000 1
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folbrecht Nathan $211,125
Previous Owner Sexton Matthew $185,378
Previous Owner Gagnon Cody $175,500
Previous Owner Ray Randall E $76,800
Previous Owner Bowden Wesley G $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Off Market $1,150 -- --
08/20/2025 08/20/25 Price Changed $1,150 -4.1% $1 / Sq Ft
08/14/2025 08/14/25 Price Changed $1,199 -3.7% $1 / Sq Ft
07/31/2025 07/31/25 For Rent $1,245 -- --

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 $1,052 $47,040 $0 $0
2023 $1,658 $47,040 $0 $0
2022 $1,658 $47,040 $0 $0
2021 $1,958 $47,040 $0 $0
2020 $2,243 $46,920 $0 $0
2019 $2,243 $46,920 $0 $0
2018 $2,243 $46,920 $0 $0
2017 $2,243 $46,920 $0 $0
2016 $2,251 $0 $0 $0
2015 $2,251 $46,160 $0 $0
2014 $2,251 $0 $0 $0
Source: Public Records

Map

Tennessee Hamilton County Chattanooga 37412

701 Summit Ave, Chattanooga, TN

This home is located at 701 Summit Ave, Chattanooga, TN 37412 and is currently estimated at $299,944, approximately $272 per square foot. 701 Summit Ave is a home located in Hamilton County with nearby schools including East Ridge Elementary School, East Ridge Middle School, and East Ridge High School.

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