5914 Rainbow Springs Dr
Chattanooga, TN 37416
3 bd 3 ba 2,575 sqft Built 1989 Lot 7,405 sqft townhomes
Most recent sale
$385,000
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 20, 2026 | Sold | $360,000 | RealTracs |
| Feb 17, 2026 | Price changed | $360,000 | RealTracs |
| Dec 13, 2025 | Listed | $375,000 | RealTracs |
| Nov 9, 2025 | Price changed | $394,999 | Chattanooga |
| Oct 15, 2025 | Price changed | $414,999 | Chattanooga |
| Sep 22, 2025 | Price changed | $429,999 | Chattanooga |
| Sep 2, 2025 | Price changed | $439,999 | Chattanooga |
| Aug 10, 2025 | Price changed | $445,000 | Chattanooga |
| Jul 22, 2025 | Listed | $450,000 | Chattanooga |
| Sep 26, 2024 | Listed for rent | $2,995 | Chattanooga |
| Sep 12, 2024 | Price changed | $449,900 | Chattanooga |
| Aug 14, 2024 | Listed | $479,900 | Chattanooga |
| Jun 2, 2022 | Sold | $385,000 | Public Record |
| Jun 1, 2022 | Sold | $385,000 | RealTracs |
| Apr 21, 2022 | Listed | $400,000 | MLS #1352982 |
| Mar 16, 2021 | Sold | $295,000 | Public Record |
| Mar 11, 2021 | Sold | $295,000 | Chattanooga |
| Feb 3, 2021 | Price changed | $305,000 | MLS #1329688 |
| Jan 26, 2021 | Price changed | $317,000 | MLS #1329688 |
| Jan 25, 2021 | Relisted | $326,500 | MLS #1329688 |
| Jan 17, 2021 | Listed | $332,500 | MLS #1329688 |
| Dec 16, 2014 | Sold | $242,000 | Public Record |
| Dec 15, 2014 | Sold | $242,000 | Chattanooga |
| Nov 4, 2014 | Price changed | $249,900 | MLS #1208609 |
| May 9, 2014 | Price changed | $264,900 | MLS #1208609 |
| Mar 31, 2014 | Listed | $279,900 | MLS #1208609 |
| Aug 17, 1999 | Sold | $155,000 | Public Record |
| Jul 13, 1989 | Sold | $137,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $100,425 | $1,531 |
| 2024 | — | — | $100,425 | $1,722 |
| 2023 | — | — | $76,600 | $1,722 |
| 2022 | — | — | $76,600 | $1,722 |
| 2021 | — | — | $76,600 | $1,723 |
| 2020 | — | — | $63,950 | $1,777 |
| 2019 | — | — | $63,950 | $1,777 |
| 2018 | — | — | $63,950 | $1,777 |
| 2017 | — | — | $63,950 | $1,777 |
| 2016 | — | — | $57,950 | $1,611 |
| 2015 | — | — | $57,950 | $1,611 |
| 2014 | — | — | $57,950 | $1,611 |
| 2013 | — | — | $57,950 | $1,611 |
| 2012 | — | — | $57,950 | $1,611 |
| 2011 | — | — | $57,950 | $1,611 |
| 2010 | — | — | $57,950 | $1,611 |
| 2009 | — | — | $57,950 | $1,611 |
| 2008 | — | — | $46,225 | $1,467 |
| 2007 | — | — | $46,225 | $1,467 |
Property facts
Year built
1989
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,575 sqft
Lot size
7,405 sqft
ZIP code
37416
City
Chattanooga
Street
Rainbow Springs Dr
Coordinates
35.13723, -85.15224
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
$3,863
Gross rental yield
12.04%
Implied cap rate
7.83%
Trend-extrapolated value
—
Frequently asked questions
When did 5914 Rainbow Springs Dr last sell?
5914 Rainbow Springs Dr most recently sold on Jun 2, 2022 for $385,000.
What is the current tax assessment for 5914 Rainbow Springs Dr?
The most recent total assessment for 5914 Rainbow Springs Dr (year 2025) is $100,425 with $1,531 in property tax.
How does 5914 Rainbow Springs Dr's assessment compare to its last sale price?
The current assessment is 73.9% below the last sale price of $385,000.
When was 5914 Rainbow Springs Dr built?
5914 Rainbow Springs Dr was built in 1989.
How does 5914 Rainbow Springs Dr compare to others on Rainbow Springs Dr?
We track 8 other properties on Rainbow Springs Dr. Browse the list under "Other properties on Rainbow Springs Dr" to compare beds, baths, and sale history.
What are the property facts for 5914 Rainbow Springs Dr?
5914 Rainbow Springs Dr is a 3 bed, 3 bath, 2,575 sqft, 7,405 sqft lot townhomes.
Is 5914 Rainbow Springs Dr a flip candidate?
Yes — 5914 Rainbow Springs Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5914 Rainbow Springs Dr a tax-appeal candidate?
No — 5914 Rainbow Springs 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
-6.1%
Implied 1-yr
-24.4%
2026 Q3
$321.5K
2026 Q4
$311.3K
ZIP 37416 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Springs Dr