Off market oct 2004 for $87K
$222,360
Est. refi paymentEst. refi $598/mo
—
bd
•
— ba
•
1,530
sq ft

561 Reads Lake Rd, Chattanooga, TN 37415

map-entry

About this home

561 Reads Lake Rd is a 1,530 square foot house on a 1 acre lot. - it last sold on October 12, 2004 for $87,900. Based on Redfin's Chattanooga data, we estimate the home's value is $222,360.
Single-familyProperty Type
1959Year Built
1 acresLot Size
$145Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$222,360
$134K since sold in October 2004$11K since September

This home's estimate is 35.6% lower than the average sale price ($345K) of 6 comparable homes.

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Earn from this home

Sell
$180,512
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$1,946/mo
Redfin rental estimate

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Market trends in 37415, TN

Sale history for 561 Reads Lake Rd

Tax history for 561 Reads Lake Rd

*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

Around this home

Schools

Red Bank Elementary School

Public PreK-5 • Assigned • 1.8mi

4/10
Red Bank Middle School

Public 6-8 • Assigned • 0.7mi

5/10
Red Bank High School

Public 9-12 • Assigned • 0.7mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

8 days above 105° expected this year, 23 days in 30 years

4/10 Wind Factor

10% 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
Jul
Aug
Sep
Oct
Nov
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
$212,000 – $256,000

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GreatSchools Ratings provided by GreatSchools.org.