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Contingent
  • $250,000

    516 Ladd Ave, Chattanooga, TN 37405

    6beds
    700sqft
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    Single Family Residence
    Built in 1983
    1.97 Acres Lot
    $250,400 Zestimate®
    $357/sqft
    $-- HOA

    What's special

    Prime North Chattanooga Development Opportunity - Approx. 2 Acres Near Downtown Chattanooga - Rare opportunity to acquire approximately 2 acres in highly desirable North Chattanooga, just minutes from the heart of downtown Chattanooga. Positioned in one of the city's fastest-growing and most sought-after areas, this property offers exceptional potential for residential, mixed-use, or investment development. Surrounded by continued growth, revitalization, and new construction, the property combines convenience, accessibility, and long-term upside. Located near the vibrant North Shore district, Coolidge Park, shopping, dining, entertainment, and the Tennessee Riverfront, this location continues to attract homeowners, investors, and developers alike. The property offers strong development appeal with convenient access to major roadways, downtown Chattanooga, and surrounding communities. With approximately 2 acres of usable land, the possibilities are substantial for townhomes, luxury residences, multifamily development, or a boutique community concept (buyer to verify zoning and development options). Highlights Include: • Approx. 2 acres in North Chattanooga • Minutes to Downtown Chattanooga • Strong growth and redevelopment corridor • Excellent investment and development potential • Convenient access to restaurants, shopping, parks, and entertainment • Desirable location with increasing demand for housing and mixed-use projects • Opportunity for builders, developers, or investors seeking prime Chattanooga real estate Chattanooga continues to experience significant downtown and surrounding area redevelopment, with strong demand for residential growth and urban-style living. North Chattanooga remains one of the city's premier locations for investment and future appreciation. Whether you are looking to develop immediately or hold for future value, this property presents an outstanding opportunity in one of Chattanooga's most dynamic markets.
    43 days
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    29
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cindi Richardson 423-280-1442,

    Richardson Group 423-790-7979

    Source: Greater Chattanooga Realtors,MLS#: 1535841

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • See Remarks
      Appliances
      • Included: Dishwasher, Electric Range
      • Laundry: See Remarks
      Features
      • See Remarks
      • Flooring: Carpet, Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 700
      • Total interior livable area: 700 sqft
      • Finished area above ground: 1,800

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Multi/Split
      • Exterior features: Other
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1.97 Acres
      • Dimensions: 144 x 360 x 435 x 42 x 254 x 156
      • Features: Cleared, Sloped, Wooded
      Details
      • Additional structures: Outbuilding
      • Parcel number: 135b F 011
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: See Remarks
      Condition
      • Fixer
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Valhambrosia
      HOA
      • Has HOA: No
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $357/sqft
      • Tax assessed value: $185,100
      • Annual tax amount: $1,594
      • Date on market: 6/1/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        $250,400

        $238,000 - $263,000

        $1,892/mo

        Price history

        DateEventPrice
        6/1/2026Pending sale$250,000$357/sqft
        Source: East Tennessee Realtors #1342972 Report a problem
        6/1/2026Listed for sale$250,000$357/sqft
        Source: East Tennessee Realtors #1342972 Report a problem
        6/1/2026Contingent$250,000$357/sqft
        Source: RCAR #20262758 Report a problem
        5/28/2026Listed for sale$250,000$357/sqft
        Source: RCAR #20262758 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$701 +23.1%$46,275 +81.6%
        2024$570 $25,475
        2023$570 $25,475
        2022$570 $25,475
        2021$570 +152.9%$25,475 +212.6%
        2020$225 $8,150
        2019$225 $8,150
        2018$225 -58.1%$8,150
        2017$537 +6%$8,150
        2016$507 --
        2015$507 $7,725
        2014$507 +18.6%--
        2013$428 $7,725 -8.3%
        2012$428 $8,425
        2011$428 $8,425
        2010$428 +7.9%$8,425
        2009$396 $8,425 +5.6%
        2008-- $7,975
        2007-- $7,975
        2006-- $7,975
        2005-- $7,975 +54.1%
        2004-- $5,175
        2003-- $5,175
        2002-- $5,175
        2001-- $5,175 +5.6%
        2000-- $4,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37405

        Getting around

        0 / 100
        Car-Dependent
        12 / 100
        Minimal Transit
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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