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508 Parlem Dr

Chattanooga, TN 37415

4 bd 3 ba 2,116 sqft Built 1968 Lot 37,026 sqft single_family
Most recent sale
$295,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $295,000 Public Record
Aug 15, 2022 Sold $295,000 RealTracs
Jun 12, 2022 Listed $290,000 MLS #1356926

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $56,500 $2,118
2020 $46,850 $2,175
2019 $46,850 $2,175
2018 $46,850 $2,175
2017 $46,850 $2,078
2016 $41,650 $1,942
2015 $41,650 $1,942
2014 $41,650 $1,750
2013 $41,650 $1,753
2012 $38,600 $1,624
2011 $38,600 $1,528
2010 $38,600 $1,528
2009 $38,600 $1,528
2008 $33,800 $1,528

Property facts

Year built
1968
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,116 sqft
Lot size
37,026 sqft
ZIP code
37415
City
Chattanooga
Street
Parlem Dr
Coordinates
35.13860, -85.26825

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
$3,174
Gross rental yield
12.91%
Implied cap rate
8.39%
Trend-extrapolated value

Frequently asked questions

When did 508 Parlem Dr last sell?
508 Parlem Dr most recently sold on Aug 16, 2022 for $295,000.
What is the current tax assessment for 508 Parlem Dr?
The most recent total assessment for 508 Parlem Dr (year 2021) is $56,500 with $2,118 in property tax.
How does 508 Parlem Dr's assessment compare to its last sale price?
The current assessment is 80.8% below the last sale price of $295,000.
When was 508 Parlem Dr built?
508 Parlem Dr was built in 1968.
How does 508 Parlem Dr compare to others on Parlem Dr?
We track 7 other properties on Parlem Dr. Browse the list under "Other properties on Parlem Dr" to compare beds, baths, and sale history.
What are the property facts for 508 Parlem Dr?
508 Parlem Dr is a 4 bed, 3 bath, 2,116 sqft, 37,026 sqft lot single_family.
Is 508 Parlem Dr a flip candidate?
No — 508 Parlem Dr does not appear in our flips dataset.
Is 508 Parlem Dr a tax-appeal candidate?
No — 508 Parlem Dr 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
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$411.3K
2026 Q4
$419.3K
ZIP 37415 — Median Price History + Forecast

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