Remodeler's Dream & Investor Opportunity in Red Bank!
Bring your vision to this unique Red Bank property with tremendous potential. This 3-bedroom, 2-bathroom home offers approximately 2,050 square feet and is ready for a full remodel, providing the right buyer or investor with a blank canvas to create something special.
The home has already been taken down to the studs, making this an ideal opportunity for an investor, builder, or experienced buyer looking for a project with upside. The property also features approximately 193 feet of road frontage and a substantial cleared area, creating the potential for an additional structure or future development opportunity, subject to zoning and approvals.
A detached garage with basement storage provides additional utility and could offer excellent workshop, storage, or future-use possibilities.
Located in the desirable Red Bank area of greater Chattanooga, this property offers convenient access to downtown Chattanooga, North Shore, Hixson, and surrounding amenities.
Whether you're looking to create your next investment project, build equity through a major renovation, or explore the property's development potential, 278 Sims Dr is ready for your vision.
The property is sold as is so bring your plans and see the possibilities!
For sale
Price cut: $10K (9/11)
$195,000
278 Sims Dr, Chattanooga, TN 37415
3beds
2,050sqft
Single Family Residence
Built in 1945
1.01 Acres Lot
$188,600 Zestimate®
$95/sqft
$-- HOA
What's special
Substantial cleared area
- 45 days
- 2,288
- 82
Zillow last checked:
Listing updated:
Listed by:
Corey Ballew 423-529-0696,
REAL Broker 844-591-7325
Source: Greater Chattanooga Realtors,MLS#: 1541565
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Laundry Closet
Features
- Flooring: None
- Windows: Aluminum Frames
- Basement: Unfinished,Cellar
- Has fireplace: No
Interior area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
- Finished area above ground: 2,050
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Paved, Unpaved
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: One
- Patio & porch: Front Porch, Porch - Screened
- Exterior features: None
- Pool features: None
- Fencing: None
Lot
- Size: 1.01 Acres
- Dimensions: 65 x 200
- Features: Sloped Down, Sloped
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 117k D 015
- Special conditions: Investor
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $305,100
- Annual tax amount: $2,165
- Date on market: 8/27/2026
- Listing terms: Cash
- Road surface type: Asphalt
Estimated market value
$188,600
$179,000 - $198,000
$1,712/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $195,000-4.9%$95/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3527394 Report a problem | ||
| 8/27/2026 | Listed for sale | $205,000+12.6%$100/sqft |
Source: Greater Chattanooga Realtors #1541565 Report a problem | ||
| 6/29/2026 | Sold | $182,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,166 -2.2% | $76,275 +52.7% |
| 2024 | $2,214 | $49,950 |
| 2023 | $2,214 +16.6% | $49,950 |
| 2022 | $1,899 +80.3% | $49,950 +6.1% |
| 2021 | $1,053 +9.8% | $47,075 +35.7% |
| 2020 | $960 | $34,700 |
| 2019 | $960 | $34,700 |
| 2018 | $960 -42.5% | $34,700 |
| 2017 | $1,670 +4.1% | $34,700 |
| 2016 | $1,605 | -- |
| 2015 | $1,605 | $33,450 |
| 2014 | $1,605 -8.6% | -- |
| 2013 | $1,756 | $33,450 -3.3% |
| 2012 | $1,756 | $34,600 |
| 2011 | $1,756 | $34,600 |
| 2010 | $1,756 +7.9% | $34,600 |
| 2009 | $1,628 | $34,600 +15.3% |
| 2008 | -- | $30,000 |
| 2007 | -- | $30,000 |
| 2006 | -- | $30,000 |
| 2005 | -- | $30,000 +15.2% |
| 2004 | -- | $26,050 |
| 2003 | -- | $26,050 |
| 2002 | -- | $26,050 |
| 2001 | -- | $26,050 +32.6% |
| 2000 | -- | $19,650 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37415
Nearby schools
Schools provided by the listing agent
- Elementary: Red Bank Elementary
- Middle: Red Bank Middle
- High: Red Bank High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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