7725 Lee Highway

7725 Lee Highway has been categorized by the local assessors in Chattanooga, TN as a commercial type of property. The building on the property was first built in 1988 and is 36 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 2,155 ft and across the front of the lot is 3,663 ft. The area measurement of the land has been determined as 77,537 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a rigid frame bar style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of brick veneer. 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, 7725 Lee Highway sold most recently in Jan 27, 2014 for a total of $1,050,000. If you work out the math, that's approximately a cost of $35.82 per sqft. Before that, the property was also sold for $1,550,000 in Apr 14, 2008. 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 $0 in taxes each year. 7725 Lee Highway was most recently assessed in 2023. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.