home in 207 S Lovell Ave Chattanooga, TN
Set in Chattanooga, TN, this home provides 2 bedrooms and 1 bathroom across 940 square feet.
| Price | $169,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 940 |
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| Address | 207 S Lovell Ave Chattanooga, TN 37411 |
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Why buy this home
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- New to market (5 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,083/month with 20% down at a 7.28% 30-year fixed rate. You would need about $46,405 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $925/mo |
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| Property tax (new-buyer reassessed rate) | $94/mo |
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| Homeowners insurance | $63/mo |
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| Total monthly | $1,083/mo |
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| Down payment (20%) | $33,800 |
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| Income needed | $46,405/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (66 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (66/100) |
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| Beats renting in | 20% of modeled paths |
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| Modeled 5-yr equity (median) | $83,638 |
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| Range (10th to 90th pct) | $50,595 to $123,377 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chattanooga, TN where local data is thin.
Local home values
Typical home values in Chattanooga, TN have risen about 24% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto