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564 Melwood Ln

Chattanooga, TN 37421

3 bd 2 ba 2,589 sqft Built 1972 Lot 27,007 sqft single_family
Most recent sale
$365,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $365,000 Public Record
Aug 2, 2022 Sold $365,000 RealTracs
Jun 17, 2022 Price changed $359,000 MLS #1356184
Jun 1, 2022 Listed $375,000 MLS #1356184
Sep 27, 2012 Sold $152,000 Public Record
Sep 18, 2012 Sold $152,000 Chattanooga
Jul 16, 2012 Price changed $154,900 MLS #1180298
Jun 18, 2012 Listed $158,000 MLS #1180298
Nov 18, 2011 Listing removed $165,000 Chattanooga
May 26, 2011 Listed $165,000 MLS #1163766
Feb 28, 2011 Listing removed $180,000 Chattanooga
Nov 1, 2010 Listed $180,000 MLS #1155013
Sep 14, 2009 Sold $112,000 Public Record
Aug 26, 2009 Listing removed $109,900 Chattanooga
Aug 2, 2009 Listed $109,900 MLS #1131862
Apr 24, 2000 Sold $123,500 Public Record
Apr 1, 2000 Sold $123,500 Public Record
Jul 28, 1991 Sold $64,496 Public Record
Jul 25, 1991 Sold $63,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $62,200 $1,401
2020 $43,500 $1,212
2019 $43,500 $1,212
2018 $43,500 $1,212
2017 $43,500 $1,212
2016 $38,100 $1,063
2015 $38,100 $1,063
2014 $38,100 $1,063
2013 $38,100 $1,063
2012 $42,225 $1,177
2011 $42,225 $1,177
2010 $42,225 $1,177
2009 $42,225 $1,177
2008 $34,975 $1,112

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,589 sqft
Lot size
27,007 sqft
ZIP code
37421
City
Chattanooga
Street
Melwood Ln
Coordinates
34.99246, -85.10731

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,884
Gross rental yield
12.77%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 564 Melwood Ln last sell?
564 Melwood Ln most recently sold on Aug 3, 2022 for $365,000.
What is the current tax assessment for 564 Melwood Ln?
The most recent total assessment for 564 Melwood Ln (year 2021) is $62,200 with $1,401 in property tax.
How does 564 Melwood Ln's assessment compare to its last sale price?
The current assessment is 83.0% below the last sale price of $365,000.
When was 564 Melwood Ln built?
564 Melwood Ln was built in 1972.
How does 564 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 564 Melwood Ln?
564 Melwood Ln is a 3 bed, 2 bath, 2,589 sqft, 27,007 sqft lot single_family.
Is 564 Melwood Ln a flip candidate?
No — 564 Melwood Ln does not appear in our flips dataset.
Is 564 Melwood Ln a tax-appeal candidate?
No — 564 Melwood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$487K
2026 Q4
$494.1K
ZIP 37421 — Median Price History + Forecast

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