INVESTORS! This property is a brand new construction triplex multifamily complex located on the side of Lookout Mtn. near Ruby Falls. The suites are townhouse style with a master bedroom and bath located upstairs and the kitchen, great room and half bath downstairs. All three are 1-bedrooms of about 850 square feet with 425 SF downstairs and 425 SF upstairs. They are all electric units with common water.
Sold for $125,000
Street View
$125,000
531 Lower Cravens Ter, Chattanooga, TN 37409
3beds
2,550sqft
MultiFamily
Built in 2017
-- sqft lot
$125,600 Zestimate®
$49/sqft
$2,059 Estimated rent
Home value
$125,600
$119,000 - $132,000
$2,059/mo
Zestimate® history
Owner options
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$2,059/mo
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$2,059/mo
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$586/mo
Est. payment
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$586/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- Wall
Interior area
- Total interior livable area: 2,550 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 1 Acres
Details
- Parcel number: 155IC018
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 2017
Community & HOA
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $275,400
- Annual tax amount: $1,688
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $125,000-39%$49/sqft |
Source: Public Record Report a problem | ||
| 5/1/2024 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1371696 Report a problem | ||
| 11/9/2023 | Price change | $205,000-6.8%$80/sqft |
Source: Greater Chattanooga Realtors #1371696 Report a problem | ||
| 4/10/2023 | Listed for sale | $220,000$86/sqft |
Source: Greater Chattanooga Realtors #1371696 Report a problem | ||
| 3/15/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1351508 Report a problem | ||
| 10/17/2022 | Price change | $220,000-8.3%$86/sqft |
Source: Greater Chattanooga Realtors #1351508 Report a problem | ||
| 3/15/2022 | Listed for sale | $240,000-31.2%$94/sqft |
Source: Greater Chattanooga Realtors #1351508 Report a problem | ||
| 7/10/2018 | Listing removed | $349,000$137/sqft |
Source: Keller Williams Realty Greater Downtown #1278505 Report a problem | ||
| 3/22/2018 | Listed for sale | $349,000+399.3%$137/sqft |
Source: Keller Williams Realty #1278505 Report a problem | ||
| 8/16/2013 | Listing removed | $69,900+14.6%$27/sqft |
Source: RE/MAX Renaissance, Realtors #1175991 Report a problem | ||
| 8/14/2013 | Sold | $61,000-12.7%$24/sqft |
Source: Greater Chattanooga Realtors #1175991 Report a problem | ||
| 3/22/2012 | Listed for sale | $69,900$27/sqft |
Source: ReMax Renaissance #1175991 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,688 -7.4% | $110,160 +36.6% |
| 2024 | $1,822 | $80,640 |
| 2023 | $1,822 -0.5% | $80,640 |
| 2022 | $1,831 +1.5% | $80,640 |
| 2021 | $1,804 -5.7% | $80,640 +16.6% |
| 2020 | $1,912 | $69,160 |
| 2019 | $1,912 | $69,160 |
| 2018 | $1,912 -1.4% | $69,160 +2666.4% |
| 2017 | $1,939 +2323.1% | $2,500 |
| 2016 | $80 | -- |
| 2015 | $80 | $2,500 |
| 2014 | $80 -88.3% | -- |
| 2013 | $682 | $28,800 +16.7% |
| 2012 | $682 | $24,680 |
| 2011 | $682 | $24,680 |
| 2010 | $682 -41.2% | $24,680 |
| 2009 | $1,161 | $24,680 +7.3% |
| 2008 | -- | $23,000 |
| 2007 | -- | $23,000 |
| 2006 | -- | $23,000 |
| 2005 | -- | $23,000 +35.3% |
| 2004 | -- | $17,000 |
| 2003 | -- | $17,000 |
| 2002 | -- | $17,000 |
| 2001 | -- | $17,000 +7.9% |
| 2000 | -- | $15,760 |
Find assessor info on the county website
Neighborhood: 37409
Nearby homes
- $90,6003 bd1 ba1.1k sqft661 Lower Cravens Ter, Chattanooga, TN 37409Off Market
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- $455,000-- bd3 ba5.8k sqft530 Lower Cravens Ter, Chattanooga, TN 37409Off Market
- $321,0004 bd5 ba2.8k sqft478 Lower Cravens Ter, Chattanooga, TN 37409Off Market
- $7,5001 acreS Scenic Hwy, Chattanooga, TN 37409Off Market
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- $6,3001 acre1507 S Scenic Hwy, Chattanooga, TN 37409Off Market
Nearby schools
GreatSchools rating
- 8/10Lookout Mountain Elementary SchoolGrades: K-5Distance: 1.3 mi
- 5/10Lookout Valley Middle / High SchoolGrades: 6-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Lookout Valley Elementary
- Middle: Lookout Valley Middle
- High: Lookout Valley High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$125,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$125,600
- Tennessee
- Hamilton County
- Chattanooga
- 37409
- 531 Lower Cravens Ter
