1041 Reads Lake Rd is a 1,580 square foot house on a 80 acre lot. - it last sold on October 30, 2020 for $500,000. Based on Redfin's Chattanooga data, we estimate the home's value is $1,250,089.
Single-familyProperty Type
1994Year Built
80 acresLot Size
$791Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,250,089
$750K since sold in October 2020$19K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 165.8% higher than the average sale price ($470K) 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
Roof Shape Type: Gable/Hip
Building Type: Residential
Property Information
Subdivision Name: FOSTER JOHN FARM
Building Sq. Ft: 1,580
# of Stories: 1
Legal Description: FOREST 5330-01A JOHN FOSTER FARM N/R
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,484,800
Municipality Name: COUNTY
Acres: 80
County Use Description: ONE FAMILY HOUSEHOLD UNIT
Financial
Assessor Information
Assessment Year: 2025
Tax District County: COUNTY
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,580
Stories: 1.0
Lot Size: 80 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: —
County: Hamilton County
APN: 098 065
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Red Bank Elementary School
Public PreK-5 • Assigned • 2.3mi
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
4/10 Heat Factor
8 days above 105° expected this year, 22 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chattanooga, TN • 37415
Average low and high temperatures (°F)
48
30
58
37
71
46
78
54
79
61
88
69
92
74
86
68
85
64
75
54
65
46
55
36
Jan
Feb
Mar
Apr
May
Jun
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Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.19M – $1.44M
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