561 Highland Ave
Cleveland, TN 37311
5 bd 2 ba 3,267 sqft Built 1928 Lot 12,197 sqft single_family
Most recent sale
$275,000
Jun 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2024 | Listed | $599,900 | Chattanooga |
| Apr 18, 2024 | Listing removed | — | Chattanooga |
| Apr 15, 2024 | Price changed | $599,000 | Chattanooga |
| Apr 5, 2024 | Price changed | $615,000 | Chattanooga |
| Mar 21, 2024 | Price changed | $625,000 | Chattanooga |
| Mar 7, 2024 | Listed | $639,900 | Chattanooga |
| Jun 20, 2023 | Sold | $275,000 | Chattanooga |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $101,650 | $10,975 | $112,625 | $2,540 |
| 2024 | $101,650 | $10,975 | $112,625 | $1,558 |
| 2022 | $41,600 | $7,825 | $49,425 | $1,558 |
| 2021 | $41,600 | $7,825 | $49,425 | $1,558 |
| 2020 | $34,550 | $6,275 | $40,825 | $1,569 |
| 2019 | $34,550 | $6,275 | $40,825 | $1,569 |
| 2018 | $34,550 | $6,275 | $40,825 | $1,538 |
| 2017 | $39,225 | $6,275 | $45,500 | $1,714 |
| 2016 | $45,350 | $6,275 | $51,625 | $1,877 |
| 2015 | — | — | $51,625 | $1,877 |
| 2014 | — | — | $51,375 | $1,727 |
| 2013 | — | — | $51,375 | $1,845 |
| 2012 | — | — | $44,650 | $1,465 |
| 2011 | — | — | $44,650 | $1,465 |
| 2010 | — | — | $44,650 | $1,465 |
| 2009 | — | — | $44,650 | $1,465 |
| 2008 | — | — | $40,125 | $1,473 |
| 2007 | — | — | $40,125 | $1,473 |
Property facts
Year built
1928
Property type
single_family
Stories
3
Beds
5
Baths
2
Living area
3,267 sqft
Lot size
12,197 sqft
ZIP code
37311
City
Cleveland
Street
Highland Ave
Coordinates
35.16552, -84.87971
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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 561 Highland Ave last sell?
561 Highland Ave most recently sold on Jun 20, 2023 for $275,000.
What is the current tax assessment for 561 Highland Ave?
The most recent total assessment for 561 Highland Ave (year 2025) is $112,625 with $2,540 in property tax.
How does 561 Highland Ave's assessment compare to its last sale price?
The current assessment is 59.0% below the last sale price of $275,000.
When was 561 Highland Ave built?
561 Highland Ave was built in 1928.
How does 561 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 561 Highland Ave?
561 Highland Ave is a 5 bed, 2 bath, 3,267 sqft, 12,197 sqft lot single_family.
Is 561 Highland Ave a flip candidate?
No — 561 Highland Ave does not appear in our flips dataset.
Is 561 Highland Ave a tax-appeal candidate?
No — 561 Highland Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.3%
2026 Q3
$414.2K
2026 Q4
$427.6K
ZIP 37311 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Highland Ave