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509 Thoroughbred Dr

Cleveland, TN 37312

4 bd 3 ba 2,716 sqft Built 2007 Lot 16,988 sqft single_family
Most recent sale
$450,000
Sep 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2026 Price changed $545,000 RiverCounties
Dec 18, 2025 Price changed $560,000 Chattanooga
Nov 22, 2025 Price changed $570,000 Chattanooga
Oct 7, 2025 Price changed $579,900 Chattanooga
Aug 20, 2025 Listed $589,900 Chattanooga
Mar 24, 2023 Sold $537,500 RealTracs
Sep 30, 2022 Price changed $599,900 MLS #1361210
Sep 23, 2022 Price changed $640,000 MLS #1361210
Sep 22, 2022 Price changed $640,000 MLS #20226727
Sep 3, 2022 Price changed $645,000 MLS #20226727
Aug 21, 2022 Listed $650,000 MLS #1361210
Sep 30, 2021 Sold $450,000 MLS #1166588
Sep 6, 2021 Listed $450,000 MLS #1166588
Sep 4, 2021 Listed $450,000 MLS #20215267
Aug 11, 2014 Sold $249,900 Public Record
Aug 8, 2014 Listing removed $249,900 RiverCounties
Jul 24, 2014 Price changed $249,900 MLS #20142483
Jun 12, 2014 Price changed $259,900 MLS #20142483
May 18, 2014 Listed $269,900 MLS #20142483
Apr 22, 2014 Sold $190,000 MLS #20140425
Mar 1, 2014 Relisted $218,925 MLS #20140425
Feb 19, 2014 Listing removed $218,925 RiverCounties
Jan 28, 2014 Listed $218,925 MLS #20140425
Jun 10, 2008 Sold $263,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,625 $11,250 $129,875 $1,602
2024 $118,625 $11,250 $129,875 $1,518
2022 $76,300 $8,325 $84,625 $1,518
2021 $76,300 $8,325 $84,625 $1,518
2020 $57,925 $7,125 $65,050 $1,445
2019 $57,925 $7,125 $65,050 $1,445
2018 $54,625 $7,125 $61,750 $1,296
2017 $54,625 $7,125 $61,750 $1,537
2016 $51,550 $6,250 $57,800 $1,325
2015 $57,800 $1,281
2014 $57,625 $1,475
2013 $57,625 $1,538
2012 $64,450 $1,417
2011 $64,450 $1,417
2010 $64,450 $1,371
2009 $64,450 $1,371
2008 $57,700 $1,391

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,716 sqft
Lot size
16,988 sqft
ZIP code
37312
City
Cleveland
Street
Thoroughbred Dr
Coordinates
35.25590, -84.82735

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
$4,074
Gross rental yield
10.86%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 509 Thoroughbred Dr last sell?
509 Thoroughbred Dr most recently sold on Sep 30, 2021 for $450,000.
What is the current tax assessment for 509 Thoroughbred Dr?
The most recent total assessment for 509 Thoroughbred Dr (year 2025) is $129,875 with $1,602 in property tax.
How does 509 Thoroughbred Dr's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $450,000.
When was 509 Thoroughbred Dr built?
509 Thoroughbred Dr was built in 2007.
How does 509 Thoroughbred Dr compare to others on Thoroughbred Dr?
We track 8 other properties on Thoroughbred Dr. Browse the list under "Other properties on Thoroughbred Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Thoroughbred Dr?
509 Thoroughbred Dr is a 4 bed, 3 bath, 2,716 sqft, 16,988 sqft lot single_family.
Is 509 Thoroughbred Dr a flip candidate?
No — 509 Thoroughbred Dr does not appear in our flips dataset.
Is 509 Thoroughbred Dr a tax-appeal candidate?
No — 509 Thoroughbred 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
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$423.9K
2026 Q4
$431.6K
ZIP 37312 — Median Price History + Forecast

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