558 Melwood Ln
Chattanooga, TN 37421
3 bd 3 ba 1,932 sqft Built 1972 Lot 15,246 sqft single_family
Most recent sale
$262,500
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $262,500 | Public Record |
| Sep 8, 2022 | Listed | $259,900 | MLS #20225418 |
| Sep 6, 2022 | Sold | $262,500 | MLS #20225418 |
| Aug 8, 2022 | Price changed | $259,900 | MLS #20225418 |
| Aug 5, 2022 | Listed | $269,900 | MLS #1360381 |
| Sep 9, 2021 | Listed | $230,000 | MLS #1342918 |
| Jul 25, 2021 | Price changed | $245,900 | MLS #1339254 |
| Jul 21, 2021 | Relisted | $250,000 | MLS #1339254 |
| Jul 11, 2021 | Listed | $260,000 | MLS #1339254 |
| Jun 27, 2013 | Sold | $144,000 | Public Record |
| Apr 16, 2013 | Price changed | $144,000 | MLS #1191311 |
| Mar 7, 2013 | Listed | $147,500 | MLS #1191311 |
| Jan 29, 2013 | Relisted | $149,900 | MLS #1183880 |
| Oct 3, 2012 | Price changed | $149,900 | MLS #1183880 |
| Sep 4, 2012 | Listed | $159,900 | MLS #1183880 |
| Oct 29, 2009 | Sold | $139,900 | Public Record |
| Feb 16, 2009 | Listed | $149,900 | MLS #1122218 |
| Dec 8, 2008 | Sold | $115,001 | Public Record |
| Nov 28, 2005 | Sold | $150,000 | Public Record |
| Dec 15, 1994 | Sold | $68,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $50,775 | $1,145 |
| 2020 | — | — | $33,850 | $945 |
| 2019 | — | — | $33,850 | $945 |
| 2018 | — | — | $33,850 | $945 |
| 2017 | — | — | $33,850 | $945 |
| 2016 | — | — | $30,975 | $866 |
| 2015 | — | — | $30,975 | $866 |
| 2014 | — | — | $30,975 | $866 |
| 2013 | — | — | $30,975 | $866 |
| 2012 | — | — | $31,900 | $891 |
| 2011 | — | — | $31,900 | $891 |
| 2010 | — | — | $31,900 | $891 |
| 2009 | — | — | $31,900 | $891 |
| 2008 | — | — | $26,575 | $847 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,932 sqft
Lot size
15,246 sqft
ZIP code
37421
City
Chattanooga
Street
Melwood Ln
Coordinates
34.99347, -85.10711
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
$2,898
Gross rental yield
13.25%
Implied cap rate
8.61%
Trend-extrapolated value
—
Frequently asked questions
When did 558 Melwood Ln last sell?
558 Melwood Ln most recently sold on Sep 13, 2022 for $262,500.
What is the current tax assessment for 558 Melwood Ln?
The most recent total assessment for 558 Melwood Ln (year 2021) is $50,775 with $1,145 in property tax.
How does 558 Melwood Ln's assessment compare to its last sale price?
The current assessment is 80.7% below the last sale price of $262,500.
When was 558 Melwood Ln built?
558 Melwood Ln was built in 1972.
How does 558 Melwood Ln compare to others on Melwood Ln?
We track 5 other properties on Melwood Ln. Browse the list under "Other properties on Melwood Ln" to compare beds, baths, and sale history.
What are the property facts for 558 Melwood Ln?
558 Melwood Ln is a 3 bed, 3 bath, 1,932 sqft, 15,246 sqft lot single_family.
Is 558 Melwood Ln a flip candidate?
No — 558 Melwood Ln does not appear in our flips dataset.
Is 558 Melwood Ln a tax-appeal candidate?
No — 558 Melwood Ln 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 Melwood Ln