5922 Rainbow Springs Dr
Chattanooga, TN 37416
3 bd 3 ba 2,575 sqft Built 1993 Lot 6,970 sqft townhomes
Most recent sale
$365,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2025 | Sold | $390,000 | Chattanooga |
| Sep 4, 2025 | Price changed | $415,000 | Chattanooga |
| Jul 14, 2025 | Price changed | $425,000 | Chattanooga |
| May 1, 2025 | Listed | $449,000 | Chattanooga |
| Dec 14, 2024 | Listing removed | $2,500 | Chattanooga |
| Jun 8, 2022 | Sold | $365,000 | Public Record |
| Jun 3, 2022 | Sold | $365,000 | Chattanooga |
| Apr 26, 2022 | Listed | $374,900 | MLS #2378571 |
| Apr 25, 2022 | Listed | $374,900 | MLS #1353828 |
| Apr 1, 2020 | Listed for rent | $2,700 | Chattanooga |
| Mar 19, 1993 | Sold | $132,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $86,906 | $1,953 |
| 2020 | — | — | $70,825 | $1,967 |
| 2019 | — | — | $70,825 | $1,967 |
| 2018 | — | — | $70,825 | $1,967 |
| 2017 | — | — | $70,825 | $1,967 |
| 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 |
Property facts
Year built
1993
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,575 sqft
Lot size
6,970 sqft
ZIP code
37416
City
Chattanooga
Street
Rainbow Springs Dr
Coordinates
35.13760, -85.15202
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
12.70%
Implied cap rate
8.26%
Trend-extrapolated value
—
Frequently asked questions
When did 5922 Rainbow Springs Dr last sell?
5922 Rainbow Springs Dr most recently sold on Jun 8, 2022 for $365,000.
What is the current tax assessment for 5922 Rainbow Springs Dr?
The most recent total assessment for 5922 Rainbow Springs Dr (year 2021) is $86,906 with $1,953 in property tax.
How does 5922 Rainbow Springs Dr's assessment compare to its last sale price?
The current assessment is 76.2% below the last sale price of $365,000.
When was 5922 Rainbow Springs Dr built?
5922 Rainbow Springs Dr was built in 1993.
How does 5922 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 5922 Rainbow Springs Dr?
5922 Rainbow Springs Dr is a 3 bed, 3 bath, 2,575 sqft, 6,970 sqft lot townhomes.
Is 5922 Rainbow Springs Dr a flip candidate?
No — 5922 Rainbow Springs Dr does not appear in our flips dataset.
Is 5922 Rainbow Springs Dr a tax-appeal candidate?
No — 5922 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