3504 Banks Rd
Chattanooga, TN 37421
4 bd 4 ba 3,591 sqft Built 1974 Lot 23,958 sqft single_family
Most recent sale
$550,000
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2022 | Sold | $550,000 | Public Record |
| Aug 15, 2022 | Sold | $550,000 | RealTracs |
| Jul 13, 2022 | Listed | $550,000 | MLS #1358888 |
| Mar 20, 1992 | Sold | $103,000 | Public Record |
| Jul 19, 1989 | Sold | $89,900 | Public Record |
| Nov 29, 1988 | Sold | $93,750 | Public Record |
| Jun 13, 1986 | Sold | $86,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $50,700 | $1,143 |
| 2020 | — | — | $45,975 | $1,280 |
| 2019 | — | — | $45,975 | $1,280 |
| 2018 | — | — | $45,975 | $1,280 |
| 2017 | — | — | $45,975 | $1,280 |
| 2016 | — | — | $43,300 | $1,206 |
| 2015 | — | — | $43,300 | $1,206 |
| 2014 | — | — | $43,300 | $1,206 |
| 2013 | — | — | $43,300 | $1,206 |
| 2012 | — | — | $43,350 | $1,208 |
| 2011 | — | — | $43,350 | $1,208 |
| 2010 | — | — | $43,350 | $1,208 |
| 2009 | — | — | $43,350 | $1,208 |
| 2008 | — | — | $39,125 | $1,243 |
Property facts
Year built
1974
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
3,591 sqft
Lot size
23,958 sqft
ZIP code
37421
City
Chattanooga
Street
Banks Rd
Coordinates
35.03155, -85.10793
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
$5,387
Gross rental yield
11.75%
Implied cap rate
7.64%
Trend-extrapolated value
—
Frequently asked questions
When did 3504 Banks Rd last sell?
3504 Banks Rd most recently sold on Aug 16, 2022 for $550,000.
What is the current tax assessment for 3504 Banks Rd?
The most recent total assessment for 3504 Banks Rd (year 2021) is $50,700 with $1,143 in property tax.
How does 3504 Banks Rd's assessment compare to its last sale price?
The current assessment is 90.8% below the last sale price of $550,000.
When was 3504 Banks Rd built?
3504 Banks Rd was built in 1974.
How does 3504 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 3504 Banks Rd?
3504 Banks Rd is a 4 bed, 4 bath, 3,591 sqft, 23,958 sqft lot single_family.
Is 3504 Banks Rd a flip candidate?
No — 3504 Banks Rd does not appear in our flips dataset.
Is 3504 Banks Rd a tax-appeal candidate?
No — 3504 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