Industrial / Loft home in 2424 E 18th St #01 Chattanooga, TN
An Industrial condo in Chattanooga, TN, it offers 3 bedrooms and 3 bathrooms across 1,580 square feet. Its Industrial character defines the property's look.
| Price | $575,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1580 |
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| Architectural style | Industrial / Loft (99% match) |
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| Address | 2424 E 18th St #01 Chattanooga, TN 37404 |
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Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $575K, this home is 121% above the $260K median for 19 similar Industrial / Loft homes in Chattanooga, TN.
- That works out to $364 per square foot, 4% below the $379 comparable rate.
- On the market 51 days, longer than usual here, so the seller may be open to offers.
| This home | $575,000 |
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| Industrial / Loft median in Chattanooga, TN | $260,000 (19 homes) |
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| Price per sq ft | $364 vs. $379 comps median |
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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 $3,684/month with 20% down at a 7.28% 30-year fixed rate. You would need about $157,888 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,147/mo |
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| Property tax (new-buyer reassessed rate) | $321/mo |
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| Homeowners insurance | $216/mo |
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| Total monthly | $3,684/mo |
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| Down payment (20%) | $115,000 |
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| Income needed | $157,888/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+ (80 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+ (80/100) |
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| Beats renting in | 48% of modeled paths |
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| Modeled 5-yr equity (median) | $362,599 |
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| Range (10th to 90th pct) | $236,388 to $511,778 |
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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