1040 Reads Lake Rd is a 2,038 square foot house on a 1 acre lot. - it last sold on August 25, 2003 for $212,000. Based on Redfin's Chattanooga data, we estimate the home's value is $474,314.
Single-familyProperty Type
1998Year Built
1 acresLot Size
$233Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$474,314
$262K since sold in August 2003$15K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 3.8% lower than the average sale price ($493K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RN-1-7.5
Residential Neighborhood Zone
The RN-1-7.5 Residential Neighborhood Zone is intended to accommodate the special nature of the City's valleys, ridges, creeks and the Tennessee River that may limit the defined area's connectivity to the rest of the City's transportation and/or sewer infrastructure network. This zone accommodates those limitations by maintaining the neighborhood environment, which is predominantly characterized by single-unit homes, many of which are or will be developed with septic, on lots of 7,500 square feet or greater
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Interior
Heating & Cooling
Heating Type: Central
Exterior
Exterior Information
Exterior Wall: Brick
Roof Shape Type: Gable/Hip
Building Type: Residential
Property Information
Subdivision Name: READS LAKE SUB
Building Sq. Ft: 2,038
# of Stories: 1
Legal Description: LT 2 JAMES FOLKNER READS LAKE ROAD TRACT PB53 PG150 REV 57-53 OUT OF 98M-A-4 FOR 1995
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Legal Lot Number: 2
Municipality Name: CITY
Acres: 1
Depth Footage: 202.57
Front Footage: 88.18
County Use Description: ONE FAMILY HOUSEHOLD UNIT
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,038
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: —
County: Hamilton County
APN: 098M A 004.01
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Red Bank Elementary School
Public PreK-5 • Assigned • 2.2mi
4/10
Red Bank Middle School
Public 6-8 • Assigned • 1.4mi
5/10
Red Bank High School
Public 9-12 • Assigned • 1.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Chattanooga is known for its mountains and the Tennessee River, but its hidden gems make it special—unexpected views, tucked-away trails, beautiful homes and quiet greenways waiting to be discovered.