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1616 Lee St

Cleveland, TN 37311

3 bd 2 ba 1,180 sqft Built 2006 Lot 5,227 sqft single_family
Most recent sale
$173,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $173,000 MLS #1192249
May 20, 2022 Listed $175,000 MLS #20222707
Mar 29, 2022 Sold $105,000 Public Record
Aug 22, 2014 Listing removed $99,000 Chattanooga
Aug 18, 2014 Listing removed $895 RiverCounties
Jul 2, 2014 Listed $895 MLS #20143397
Mar 21, 2014 Relisted $99,000 MLS #1199783
Feb 18, 2014 Listing removed $99,000 RiverCounties
Aug 20, 2013 Listed $99,000 MLS #20134395
Aug 19, 2013 Listed $99,000 MLS #1199783
Oct 30, 2006 Sold $100,000 Public Record
Aug 10, 2006 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $51,050 $6,250 $57,300 $1,293
2024 $51,050 $6,250 $57,300 $1,167
2022 $32,700 $4,325 $37,025 $1,167
2021 $32,700 $4,325 $37,025 $1,167
2020 $23,425 $2,925 $26,350 $1,013
2019 $23,425 $2,925 $26,350 $1,013
2018 $23,425 $2,925 $26,350 $993
2017 $22,450 $2,925 $25,375 $957
2016 $22,800 $2,925 $25,725 $936
2015 $25,725 $936
2014 $25,625 $862
2013 $25,625 $920
2012 $27,325 $897
2011 $27,325 $897
2010 $27,325 $897
2009 $27,325 $897
2008 $23,575 $865

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
5,227 sqft
ZIP code
37311
City
Cleveland
Street
Lee St
Coordinates
35.13877, -84.86436

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
$1,770
Gross rental yield
12.28%
Implied cap rate
7.98%
Trend-extrapolated value

Frequently asked questions

When did 1616 Lee St last sell?
1616 Lee St most recently sold on Jun 30, 2022 for $173,000.
What is the current tax assessment for 1616 Lee St?
The most recent total assessment for 1616 Lee St (year 2025) is $57,300 with $1,293 in property tax.
How does 1616 Lee St's assessment compare to its last sale price?
The current assessment is 66.9% below the last sale price of $173,000.
When was 1616 Lee St built?
1616 Lee St was built in 2006.
How does 1616 Lee St compare to others on Lee St?
We track 8 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 1616 Lee St?
1616 Lee St is a 3 bed, 2 bath, 1,180 sqft, 5,227 sqft lot single_family.
Is 1616 Lee St a flip candidate?
Yes — 1616 Lee St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1616 Lee St a tax-appeal candidate?
No — 1616 Lee St 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
+4.1%
Implied 1-yr
+16.3%
2026 Q3
$414.2K
2026 Q4
$427.6K
ZIP 37311 — Median Price History + Forecast

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