3638 Northrop St · Chattanooga, TN 37351

$199,900

3 bd · 2.0 ba · 1,323 sqft · SingleFamily public records · 185 Days on market

Built 1930 8,276 sqft lot Est $311k · 36% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.5/30.0
• ARV discount +15.0/15.0
• Appreciation +8.0/10.0
• DSCR +7.2/10.0
• 1% rule +4.8/10.0
• Livability +3.9/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

Key facts

• Separate dining room
• Rocking porch
• Fenced lot

Tags

• HARDWOOD FLOORS
• SPACIOUS LIVING ROOM
• SEPARATE DINING ROOM
• DEDICATED LAUNDRY ROOM
• FENCED LOT
• ROCKING PORCH

Property features AI

Exterior

• Parking: Detached parking
• Utilities: Public water; Public sewer; Natural gas available; Water available
• Home design: Single family residence; Residential property; Three or more levels
• Construction: Block foundation; Other construction materials; Asphalt roof; Existing (year built not specified)
• Exterior features: Back yard fencing; Level lot; Other lot features

Interior

• Kitchen: Refrigerator; Electric range
• Bedrooms: 3 bedrooms
• Flooring: Wood flooring; Tile flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning
• Interior features: Separate dining room; Refrigerator; Electric range

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $337 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $196k (1.7% below list).
• Recommended offer: $176k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 78/100 on livability (#3 in TN, #2,582 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Hamilton County (urban): math 31% / reading 31% proficiency, ranked #42 of 139 in TN (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Rivermont Elementary (math 22% / reading 42%, grade F, #369 of 952 statewide, top 42%, 379 students, 0% FRL); Red Bank High School (math 8% / reading 37%, grade F, #156 of 332 statewide, top 49%, 824 students, 0% FRL) — zoned schools average 0% FRL vs 52% district-wide (52 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 5 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,133 units permitted in Hamilton County in 2024 (405 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($1k loan paydown + $12k appreciation (6.0% local appreciation)).
• Hamilton County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (6.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $50k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $200k implies a 304% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.98% ✗
• Cap rate: 8.32%
• Cash-on-cash: 7.23%
• DSCR: 1.32
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $310,905
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3364 Crompton St	0.22mi	2/2.0 (-1)	1,342 (+1%)	7mo	$315,000	$235	76
1265 Johnston Ter	0.16mi	3/2.0	1,400 (+6%)	11mo	$280,000	$200	74
3363 Crompton St	0.24mi	2/2.0 (-1)	1,350 (+2%)	15mo	$355,000	$263	68
3434 Whitney St	0.12mi	2/2.0 (-1)	1,224 (-8%)	12mo	$299,000	$244	67
3860 Fairfax Dr	0.34mi	2/2.0 (-1)	1,300 (-2%)	17mo	$264,600	$204	62
3616 Cuscowilla Trl	0.72mi	3/2.0	1,328 (+0%)	8mo	$375,000	$282	60
3908 Forest Highland Cir	0.55mi	3/2.0	1,247 (-6%)	13mo	$345,000	$277	54
3802 Highland Cir	0.71mi	3/2.0	1,331 (+1%)	23mo	$260,000	$195	47
3902 Azalean Dr	0.47mi	3/1.5	1,468 (+11%)	14mo	$268,000	$183	46
3879 Azalean Dr	0.40mi	3/1.0	1,216 (-8%)	23mo	$305,000	$251	45
842 Lupton Dr	0.62mi	2/1.0 (-1)	1,408 (+6%)	19mo	$219,000	$156	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

5.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.2%
• Equity multiple: 2.40×
• Total profit: $78,509
• Equity at exit: $125,019

10-year hold

• IRR: 20.3%
• Equity multiple: 4.83×
• Total profit: $214,127
• Equity at exit: $226,161

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Tennessee: 87 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

14-day notice (URLTA); generally landlord-favorable; Nashville court paced moderate.

Methodology + full state rankings →

ZIP-level market 37351

• Home prices YoY: 1.4%
• Active inventory: 5
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,965 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$83 /mo · $1,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $337

Break-even live

Break-even rent $1,538

Max offer price $199,900

Occupancy floor 78%

Sensitivity live

Price	-10% $450	-5% $394	+0% $337	+5% $281	+10% $224
Rent	-10% $182	-5% $260	+0% $337	+5% $415	+10% $492
Rate	-1.0pp $438	-0.5pp $388	base $337	+0.5pp $285	+1.0pp $233

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3230 Social Cir Chattanooga, TN	3.0	2.5	1852	$2,250	$1.21	24d	1	1.06mi
3629 Thrushwood Dr Chattanooga, TN	3.0	2.0	1437	$2,095	$1.46	24d	1	1.19mi
945 Brynwood Ter Chattanooga, TN	3.0	2.0	1184	$2,000	$1.69	24d	1	1.23mi
801 Ely Rd Hixson, TN	3.0	2.0	1323	$1,700	$1.28	22d	1	1.30mi
1438 Ely Rd Hixson, TN	3.0	2.5	1600	$2,500	$1.56	24d	1	1.39mi
1206 Cranbrook Dr Hixson, TN	3.0	1.5	1045	$1,973	$1.89	24d	1	1.41mi
4405 Delashmitt Rd Hixson, TN	2.0	1.5	1104	$1,190	$1.08	24d	1	1.48mi

Listing history 30 events

1. 2026-06-18
   days on market $199,900 Active 185 DOM
2. 2026-06-17
   days on market $199,900 Active 184 DOM
3. 2026-06-16
   days on market $199,900 Active 183 DOM
4. 2026-06-15
   days on market $199,900 Active 182 DOM
5. 2026-06-14
   pricedays on market $199,900 Active 180 DOM
6. 2026-06-10
   days on market $244,900 Active 177 DOM
7. 2026-06-09
   days on market $244,900 Active 176 DOM
8. 2026-06-08
   days on market $244,900 Active 175 DOM
9. 2026-06-07
   days on market $244,900 Active 174 DOM
10. 2026-06-05
    days on market $244,900 Active 171 DOM
11. 2026-06-03
    days on market $244,900 Active 170 DOM
12. 2026-06-02
    days on market $244,900 Active 169 DOM
13. 2026-06-01
    days on market $244,900 Active 168 DOM
14. 2026-05-31
    days on market $244,900 Active 167 DOM
15. 2026-05-30
    days on market $244,900 Active 166 DOM
16. 2026-05-13
    price $244,900 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

17. 2026-05-13
    price $244,900

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

18. 2026-03-01
    status Active 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

19. 2026-03-01
    status Active

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

20. 2026-02-06
    status Pending 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

21. 2026-02-06
    historical Active Under Contract

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

22. 2026-01-12
    status Active 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

23. 2026-01-12
    status Active

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

24. 2026-01-03
    status Pending 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

25. 2026-01-03
    historical Active Under Contract

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

26. 2025-12-15
    listed $249,900 Active

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

27. 2025-12-15
    listed $249,900 Active 1236-char remark

    Show marketing remark (1236 chars)

    Welcome home to Lupton City! This charming 3-bedroom, 2-bath home offers comfort, convenience, and thoughtful updates throughout. Step inside to find beautiful hardwood floors, a spacious living room perfect for relaxing or gathering with friends, and a separate dining room ideal for family dinners and holiday meals. The dedicated laundry room adds everyday convenience, and the functional floor plan makes the most of every square foot. Enjoy quiet mornings or evening conversations on the inviting rocking chair front porch, all while overlooking your fenced yard--perfect for pets, play, or backyard cookouts. The seller has made valuable electrical upgrades, including replacing all outlets, adding additional outlets in each room, installing new light fixtures, and updating the electrical panel, giving you peace of mind and modern functionality. Located just minutes from shopping, dining, and downtown Chattanooga, this home offers easy access to everything you need while still enjoying the charm of an established neighborhood. If you're searching for an affordable path to homeownership or your very first home, this could be the one. Schedule your private showing today and come see all this Lupton City home has to offer!

28. 2003-06-26
    soldstatus $49,500
29. 1998-08-12
    soldstatus $39,000
30. 1996-06-21
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TN · Resets to sale price

• Current annual tax: $1,000 · $83/mo
• Projected year-2 tax: $1,419 · $118/mo
• Expected delta: +$420/yr (+$35/mo · 42.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,575
• − Mortgage interest: −$11,198
• − Property taxes: −$1,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,886
• − Management: −$1,886
• − Depreciation: −$5,815
• Taxable income: $791
• Est. tax owed @ 24.0%: −$190
• After-tax cash flow: $3,856/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hamilton County
• NCES district ID: 4701590
• Math proficiency: 31% ▼ -10.00%
• Reading proficiency: 31% ▼ -3.00%
• Median HH income: $47,456
• Composite: 26.8/100
• National rank: #7122
• State rank: #42 of 139 in TN

Livability — Chattanooga

• Score: 78/100
• State rank: #3
• US rank: #2582

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety A User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chattanooga, TN
• City population: 131,999
• Population (ZIP): 295

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 393,784 people
• By 2030: 412,983 · +4.9%
• By 2040: 449,502 · +14.1%
• By 2050: 484,341 · +23.0%
• By 2075: 565,746 · +43.7%
• By 2100: 618,394 · +57.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Asian 7% Native American 6% Hispanic / Latino 4%
• Common ancestry: Romanian 22% American 3%
• Foreign-born: 7% · China
• Languages at home: 91% English-only · Spanish 9%

Political lean MEDSL · Hamilton

• 2024 margin: R (+13.1) · D 42.7% · R 55.7% · Other 1.6%
• 2008→2024 swing: -1.2pp toward R · 2008: -11.8pp · 2024: -13.1pp
• All cycles: 2024: R+13.1 2020: R+9.7 2016: R+16.6 2012: R+14.8 2008: R+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.95%
• Current HPI: 444.0612
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

Industry mix (Fortune 500 HQ in TN)

Industry	F500 HQs	Revenue
▸Healthcare	3	$91B
▸Retail	3	$72B
▸Transportation / Logistics	1	$88B
▸Paper / Packaging	1	$19B
▸Insurance	1	$13B
▸Energy	1	$12B

Price history

+716.3% since first listed

15 events — show timeline

• 2026-05-13 Price Changed $244,900 GCAR
• 2026-05-13 Price Changed $244,900 REALTRACS as Distributed by MLS Grid
• 2026-03-01 Relisted — GCAR
• 2026-03-01 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-02-06 Pending — GCAR
• 2026-02-06 Contingent — REALTRACS as Distributed by MLS Grid
• 2026-01-12 Relisted — GCAR
• 2026-01-12 Relisted — REALTRACS as Distributed by MLS Grid
• 2026-01-03 Pending — GCAR
• 2026-01-03 Contingent — REALTRACS as Distributed by MLS Grid
• 2025-12-15 Listed $249,900 REALTRACS as Distributed by MLS Grid
• 2025-12-15 Listed $249,900 GCAR
• 2003-06-26 Sold (Public Records) $49,500 Public Records
• 1998-08-12 Sold (Public Records) $39,000 Public Records
• 1996-06-21 Sold (Public Records) $30,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $1,000 · +73.3% YoY. Source: county tax records.