2608 Banks Rd
Chattanooga, TN 37421
3 bd 2 ba 1,215 sqft Built 1941 Lot 12,197 sqft single_family
Most recent sale
$100,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 5, 2023 | Sold | $275,000 | Chattanooga |
| Oct 12, 2022 | Sold | $100,000 | Public Record |
| Oct 7, 2022 | Sold | $100,000 | RealTracs |
| Jul 8, 2022 | Price changed | $124,900 | MLS #1357722 |
| Jun 23, 2022 | Listed | $134,900 | MLS #1357722 |
| Sep 17, 2014 | Sold | $40,000 | Public Record |
| Jan 19, 1998 | Sold | $35,251 | Public Record |
| Dec 16, 1994 | Sold | $46,000 | Public Record |
| Sep 14, 1990 | Sold | $22,733 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $19,325 | $441 |
| 2020 | — | — | $11,475 | $326 |
| 2019 | — | — | $11,475 | $326 |
| 2018 | — | — | $11,475 | $326 |
| 2017 | — | — | $11,475 | $326 |
| 2016 | — | — | $13,150 | $373 |
| 2015 | — | — | $13,150 | $373 |
| 2014 | — | — | $13,150 | $373 |
| 2013 | — | — | $13,150 | $373 |
| 2012 | — | — | $14,175 | $401 |
| 2011 | — | — | $14,175 | $401 |
| 2010 | — | — | $14,175 | $401 |
| 2009 | — | — | $14,175 | $401 |
| 2008 | — | — | $12,575 | $406 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,215 sqft
Lot size
12,197 sqft
ZIP code
37421
City
Chattanooga
Street
Banks Rd
Coordinates
35.00685, -85.11952
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
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2608 Banks Rd last sell?
2608 Banks Rd most recently sold on Oct 12, 2022 for $100,000.
What is the current tax assessment for 2608 Banks Rd?
The most recent total assessment for 2608 Banks Rd (year 2021) is $19,325 with $441 in property tax.
How does 2608 Banks Rd's assessment compare to its last sale price?
The current assessment is 80.7% below the last sale price of $100,000.
When was 2608 Banks Rd built?
2608 Banks Rd was built in 1941.
How does 2608 Banks Rd compare to others on Banks Rd?
We track 8 other properties on Banks Rd. Browse the list under "Other properties on Banks Rd" to compare beds, baths, and sale history.
What are the property facts for 2608 Banks Rd?
2608 Banks Rd is a 3 bed, 2 bath, 1,215 sqft, 12,197 sqft lot single_family.
Is 2608 Banks Rd a flip candidate?
Yes — 2608 Banks Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2608 Banks Rd a tax-appeal candidate?
No — 2608 Banks 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
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$487K
2026 Q4
$494.1K
ZIP 37421 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Banks Rd