7158 Lee Highway

7158 Lee Highway has been categorized by the local assessors in Chattanooga, TN as a office type of property. The building on the property was first built in 1980 and is 44 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 2,910 ft and across the front of the lot is 4,443 ft. The area measurement of the land has been determined as 114,127 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a wood truss style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7158 Lee Highway sold most recently in Dec 10, 2021 for a total of $225,000. If you work out the math, that's approximately a cost of $15.24 per sqft. Before that, the property was also sold for $1,400,000 in Jan 10, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $24,830 in taxes each year. 7158 Lee Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,109,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.