126 Melrose Dr
Chattanooga, TN 37421
3 bd 3 ba 1,919 sqft Built 1935 Lot 12,632 sqft single_family
Most recent sale
$260,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $260,000 | Public Record |
| Aug 31, 2022 | Sold | $260,000 | RealTracs |
| Jun 10, 2022 | Listed | $270,000 | MLS #1356816 |
| Apr 8, 2022 | Listed | $280,000 | MLS #1352960 |
| Jun 13, 2013 | Listing removed | $130,000 | Chattanooga |
| Nov 27, 2012 | Price changed | $130,000 | MLS #1181393 |
| Nov 16, 2012 | Price changed | $131,000 | MLS #1181393 |
| Nov 9, 2012 | Price changed | $132,000 | MLS #1181393 |
| Nov 2, 2012 | Price changed | $133,000 | MLS #1181393 |
| Oct 26, 2012 | Price changed | $134,000 | MLS #1181393 |
| Jul 12, 2012 | Listed | $135,000 | MLS #1181393 |
| Jul 6, 2010 | Listing removed | $134,900 | Chattanooga |
| Oct 21, 2009 | Listed | $134,900 | MLS #1136160 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $85,425 | $1,294 |
| 2024 | — | — | $85,425 | $972 |
| 2023 | — | — | $43,475 | $972 |
| 2022 | — | — | $43,475 | $972 |
| 2021 | — | — | $43,475 | $973 |
| 2020 | — | — | $34,675 | $958 |
| 2019 | — | — | $34,675 | $958 |
| 2018 | — | — | $34,675 | $958 |
| 2017 | — | — | $34,675 | $958 |
| 2016 | — | — | $29,350 | $811 |
| 2015 | — | — | $29,350 | $811 |
| 2014 | — | — | $29,350 | $811 |
| 2013 | — | — | $29,350 | $811 |
| 2012 | — | — | $30,900 | $854 |
| 2011 | — | — | $30,900 | $854 |
| 2010 | — | — | $30,900 | $854 |
| 2009 | — | — | $30,900 | $854 |
| 2008 | — | — | $25,950 | $818 |
| 2007 | — | — | $25,950 | $818 |
Property facts
Year built
1935
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,919 sqft
Lot size
12,632 sqft
ZIP code
37421
City
Chattanooga
Street
Melrose Dr
Coordinates
35.01801, -85.19900
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,879
Gross rental yield
13.29%
Implied cap rate
8.64%
Trend-extrapolated value
—
Frequently asked questions
When did 126 Melrose Dr last sell?
126 Melrose Dr most recently sold on Sep 9, 2022 for $260,000.
What is the current tax assessment for 126 Melrose Dr?
The most recent total assessment for 126 Melrose Dr (year 2025) is $85,425 with $1,294 in property tax.
How does 126 Melrose Dr's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $260,000.
When was 126 Melrose Dr built?
126 Melrose Dr was built in 1935.
How does 126 Melrose Dr compare to others on Melrose Dr?
We track 3 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 126 Melrose Dr?
126 Melrose Dr is a 3 bed, 3 bath, 1,919 sqft, 12,632 sqft lot single_family.
Is 126 Melrose Dr a flip candidate?
No — 126 Melrose Dr does not appear in our flips dataset.
Is 126 Melrose Dr a tax-appeal candidate?
No — 126 Melrose Dr 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 Melrose Dr