586 Payne Chapel Rd
Lookout Mountain, GA 30750
4 bd 3 ba 3,220 sqft Built 1987 Lot 496,148 sqft farm
Most recent sale
$621,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $621,000 | Public Record |
| Aug 18, 2022 | Sold | $675,000 | Chattanooga |
| May 11, 2022 | Price changed | $700,000 | MLS #1354269 |
| Apr 30, 2022 | Listed | $750,000 | MLS #1354269 |
| Aug 23, 2018 | Sold | $425,000 | Public Record |
| Jul 31, 2018 | Sold | $425,000 | Chattanooga |
| Jun 8, 2018 | Listed | $425,000 | MLS #1282848 |
| Feb 2, 2018 | Relisted | $450,000 | MLS #1264608 |
| Jan 23, 2018 | Listing removed | $450,000 | Chattanooga |
| Jan 14, 2018 | Relisted | $450,000 | MLS #1264608 |
| Sep 29, 2017 | Listing removed | $365,000 | Chattanooga |
| Aug 18, 2017 | Price changed | $375,000 | MLS #1264608 |
| May 26, 2017 | Listed | $385,000 | MLS #1264608 |
| Oct 15, 2016 | Listing removed | $479,000 | Chattanooga |
| Sep 16, 2016 | Listing removed | $479,000 | Chattanooga |
| Aug 19, 2016 | Listed | $479,000 | MLS #1251285 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $134,128 | $19,428 | $153,556 | $3,047 |
| 2020 | $103,931 | $19,428 | $123,359 | $2,376 |
| 2019 | $104,003 | $19,428 | $123,431 | $2,434 |
| 2018 | $68,245 | $20,449 | $88,694 | $2,880 |
| 2017 | $68,245 | $20,449 | $88,694 | $2,880 |
| 2016 | $68,245 | $20,449 | $88,694 | $2,251 |
| 2015 | $66,010 | $14,229 | $80,239 | $2,168 |
| 2014 | $66,010 | $14,229 | $80,239 | $2,039 |
| 2013 | $66,010 | $14,229 | $80,239 | $1,807 |
| 2012 | $66,010 | $14,229 | $80,239 | $1,821 |
| 2011 | $66,010 | $14,229 | $80,239 | $1,825 |
| 2010 | $66,010 | $14,228 | $80,239 | $1,831 |
| 2009 | $66,010 | $5,412 | $71,422 | $1,792 |
Property facts
Year built
1987
Property type
farm
Stories
2
Beds
4
Baths
3
Living area
3,220 sqft
Lot size
496,148 sqft
ZIP code
30750
City
Lookout Mountain
Street
Payne Chapel Rd
Coordinates
34.91015, -85.40875
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,991
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value
—
Frequently asked questions
When did 586 Payne Chapel Rd last sell?
586 Payne Chapel Rd most recently sold on Aug 23, 2022 for $621,000.
What is the current tax assessment for 586 Payne Chapel Rd?
The most recent total assessment for 586 Payne Chapel Rd (year 2021) is $153,556 with $3,047 in property tax.
How does 586 Payne Chapel Rd's assessment compare to its last sale price?
The current assessment is 75.3% below the last sale price of $621,000.
When was 586 Payne Chapel Rd built?
586 Payne Chapel Rd was built in 1987.
How does 586 Payne Chapel Rd compare to others on Payne Chapel Rd?
We track 6 other properties on Payne Chapel Rd. Browse the list under "Other properties on Payne Chapel Rd" to compare beds, baths, and sale history.
What are the property facts for 586 Payne Chapel Rd?
586 Payne Chapel Rd is a 4 bed, 3 bath, 3,220 sqft, 496,148 sqft lot farm.
Is 586 Payne Chapel Rd a flip candidate?
No — 586 Payne Chapel Rd does not appear in our flips dataset.
Is 586 Payne Chapel Rd a tax-appeal candidate?
No — 586 Payne Chapel Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+24.0%
2026 Q2
$1.43M
2026 Q3
$1.43M
ZIP 30750 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Payne Chapel Rd