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205 Gillespie Ter, Chattanooga, TN, 37411

3beds
3baths
2,552sqft
$525,000
$206price/sqft
$3,651/moest. monthly cost
$146,040/yrincome needed

About This Home

Come see this one-of-a-kind, century-old home that has been thoughtfully restored and maintained to provide modern amenities and function, all while honoring the architectural and historical significance of the era in which it was built. This idyllic 1920's Colonial sits proudly on a manageable, yet spacious half acre in the heart of Chattanooga. Distinguished features include gleaming hardwood floors, 9 foot ceilings throughout, large period-appropriate moldings, vintage architectural details, a covered side smoking porch, original wood staircase & banister, a charming butler's pantry, and so much more! The modernizations include a complete overhaul of the plumbing to PEX and PVC, updated electrical system, new architectural shingle roof in 2019, energy efficient windows installed throughout, a whole house water purification/softening system, new gutters and rain collection system, and more! (Request a Full Updates List from listing agent)! The Master suite is on the main level and features his and hers closets as well as a custom window seat overlooking the back yard with cedar lined storage beneath. The main level also hosts multiple living spaces including a huge sunroom, a quiet den for relaxing and a large dining space that has direct access to the covered side porch. The kitchen is lovely and features custom built cabinets, leathered stone countertops and a gas range! Upstairs you will find two large bedrooms, a conveniently located full bath and a bonus room; originally used to store chests, that could be used as an office, nursery or even a small bedroom! The basement is huge and could easily be used for more living space! Use it as a workshop, build a kids play area, make a man-cave, use for storage needs.... let your imagination run wild! There is also plenty of great outdoor space with a large back patio, an oversized, fully fenced backyard, detached garage/workshop, a greenhouse for the green thumbs as well as mature landscaping throughout This house really is the dream... The character and charm of a century ago that has already been thoughtfully modernized and made ready to stand the test of the next 100 years. They truly don't make 'em like they used to and this home is the purist example of that. Properties like this just don't come available every day, so schedule your showing today!

Getting Around

48
WalkingCar-Dependent
27
TransitSome Transit
22
BikeSomewhat Bikeable

Schools

3/10
Barger AcademyGrades PK-50.7 mi
4/10
Dalewood Middle SchoolGrades 6-81.5 mi
3/10
Brainerd High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Foundation: Brick/Mortar,Pillar/Post/Pier,Slab
  • Roof: Shingle
  • Construction materials: Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Free-Standing Gas Range,Gas Range,Microwave,Refrigerator,Water Purifier,Water Softener
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Level: First

Bathroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Second

Dining Room

  • Level: First

Features

  • Ceiling Fan(s),Entrance Foyer,Eat-in Kitchen,High Ceilings,Pantry,Primary Downstairs,Tub/shower Combo,Sitting Area,Separate Dining Room
  • Window features: Wood Frames
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Den,Family Room,Gas Log
  • Fireplace: Yes
  • Finished area above ground: 2,552

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,552
  • Total interior livable area: 2,552 sqft

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 157b F 004

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio,Porch,Side Porch,Porch - Covered
  • Exterior features: Garden,Private Yard,Rain Barrel/Cistern(s),Rain Gutters
  • Fencing: Full,Gate

Lot

  • Lot size: 0.48 Acres
  • Features: Gentle Sloping,Level,Wooded
  • Lot size dimensions: 100 x 207.5

Parking

  • Total spaces: 1
  • Parking features: Concrete,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance $173$2,076
Property Taxes $617$7,404
Electricity $207$2,488
Total$3,651$43,812

Income You'd Need if You Spent...

35% on housing$125,177/yr
40% on housing$109,530/yr
45% on housing$97,360/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 37411$109
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37411
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$525,000
2021-03-24Listing removed--
2015-05-02Listing removed$209,000
2015-02-01Price change$209,000
2015-01-15Price change$210,000
2014-06-23Listed for sale$215,000
2013-06-12Listing removed$196,800
2013-05-14Price change$196,800
2012-10-26Price change$196,900
2012-06-29Price change$198,000
2012-06-22Price change$198,500
2012-06-15Price change$199,000
2012-06-08Price change$199,500
2012-05-24Price change$200,000
2012-05-10Listed for sale$210,000
2011-04-07Listing removed$215,000
2011-03-27Listed for sale$215,000
2011-02-06Listing removed$215,000
2010-09-25Price change$215,000
2010-02-17Price change$224,900
2010-01-03Price change$229,000
2009-09-19Listed for sale$235,000
2008-11-13Sold$182,000
2008-08-21Listed for sale$179,900
2007-05-02Sold$120,000
1998-11-17Sold$99,900
1997-01-28Sold$89,500

For Sale by Agent

AgentBradon Doctor
BrokerageEXP Realty LLC

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