115 Prospect Way
Lookout Mountain, TN 37350
4 bd 4 ba 3,895 sqft Built 1997 Lot 40,957 sqft single_family
Most recent sale
$1,425,000
Dec 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 19, 2022 | Sold | $1,425,000 | Chattanooga |
| May 1, 2015 | Sold | $815,000 | Chattanooga |
| May 8, 2014 | Listed | $870,000 | Chattanooga |
| Apr 30, 2014 | Sold | $915,000 | Chattanooga |
| Mar 19, 2014 | Price changed | $950,000 | Chattanooga |
| Mar 11, 2014 | Price changed | $995,000 | Chattanooga |
| Sep 11, 2013 | Listed | $1,095,000 | Chattanooga |
| Jan 16, 2007 | Sold | $975,000 | Public Record |
| Sep 6, 2005 | Sold | $895,000 | Public Record |
| Oct 27, 1997 | Sold | $630,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $234,350 | $5,252 |
| 2021 | — | — | $234,350 | $5,252 |
| 2020 | — | — | $214,200 | $5,932 |
| 2019 | — | — | $214,200 | $5,932 |
| 2018 | — | — | $214,200 | $5,932 |
| 2017 | — | — | $214,200 | $5,932 |
| 2016 | — | — | $240,100 | $6,648 |
| 2015 | — | — | $240,100 | $6,648 |
| 2014 | — | — | $240,100 | $6,648 |
| 2013 | — | — | $240,100 | $6,648 |
| 2012 | — | — | $239,025 | $6,618 |
| 2011 | — | — | $239,025 | $6,618 |
| 2010 | — | — | $239,025 | $6,618 |
| 2009 | — | — | $239,025 | $6,619 |
| 2008 | — | — | $191,825 | $6,059 |
| 2007 | — | — | $191,825 | $6,059 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,895 sqft
Lot size
40,957 sqft
ZIP code
37350
City
Lookout Mountain
Street
Prospect Way
Coordinates
34.99852, -85.35463
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,843
Gross rental yield
4.92%
Implied cap rate
3.20%
Trend-extrapolated value
—
Frequently asked questions
When did 115 Prospect Way last sell?
115 Prospect Way most recently sold on Dec 19, 2022 for $1,425,000.
What is the current tax assessment for 115 Prospect Way?
The most recent total assessment for 115 Prospect Way (year 2022) is $234,350 with $5,252 in property tax.
How does 115 Prospect Way's assessment compare to its last sale price?
The current assessment is 83.6% below the last sale price of $1,425,000.
When was 115 Prospect Way built?
115 Prospect Way was built in 1997.
How does 115 Prospect Way compare to others on Prospect Way?
We track 2 other properties on Prospect Way. Browse the list under "Other properties on Prospect Way" to compare beds, baths, and sale history.
What are the property facts for 115 Prospect Way?
115 Prospect Way is a 4 bed, 4 bath, 3,895 sqft, 40,957 sqft lot single_family.
Is 115 Prospect Way a flip candidate?
No — 115 Prospect Way does not appear in our flips dataset.
Is 115 Prospect Way a tax-appeal candidate?
No — 115 Prospect Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.2%
Implied 1-yr
+16.6%
2025 Q3
$1.32M
2025 Q4
$1.32M
ZIP 37350 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Way