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506 Wells St; Chattanooga, TN Property Details

506 Wells St, Chattanooga, TN is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 506 Wells St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,249 square feet. The lot size of 506 Wells St is 10,890 square feet.

Off market
506 Wells St Chattanooga, TN 37405
$349,900 Listing Price
2 Beds
1.5 Baths
1,249 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1910
  • Purchase Price: $349,900
  • Open Loans / Balance: 1 / $219,913
  • Est. Equity / %: $295,087 / 57.3%
  • Gross Yield: 6.461%
  • APN: 135D J 006
  • Situs County: Hamilton
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Building Quality: D
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,249/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,249/SqFt
  • Building: 1,249/SqFt
  • Price Per Square Foot: $280.14

Legal Description

  • Description: LOT 24 FRAZIER ADDN NO 3 PB 7 PG 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hamilton County School District
  • Lat / Lon: 35.070354 / -85.30203
  • Subdivision: Frazier Addn No 3
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 111

Amenities

  • Plus Four: 2840
  • Cooling: Central
  • Heating: Central

Ownership Info

506 Wells St has no associated ownership info
506 Wells St has no associated ownership info.

Taxes

506 Wells St has 9 associated Taxes items

506 Wells St, Chattanooga, TN pays taxes in Hamilton County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $94,400. The APN we've located for 506 Wells St is 135D J 006.

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Taxes
  • Assessed Value:  $94,400
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  135D J 006
  • Market Land Value:  225000
  • Tax Amount:  1430.82
  • Tax Year:  2025
  • Market Value:  377600
  • Market Year:  2025

Tax History

506 Wells St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $94,400 Land Value Improvement Value Tax Amount $1,430.82 Change Rate -0.085732% Assessed CR Tax Rate +0.015157%
Year 2024 Assessed Value $69,950 Land Value Improvement Value Tax Amount $1,564.99 Change Rate Assessed CR Tax Rate +0.022373%
Year 2023 Assessed Value $69,950 Land Value Improvement Value Tax Amount $1,564.99 Change Rate Assessed CR Tax Rate +0.022373%
Year 2022 Assessed Value $69,950 Land Value Improvement Value Tax Amount $1,564.99 Change Rate -0.526626% Assessed CR Tax Rate +0.022373%
Year 2021 Assessed Value $69,950 Land Value Improvement Value Tax Amount $3,306.03 Change Rate +0.094683% Assessed CR Tax Rate +0.047263%
Year 2020 Assessed Value $56,875 Land Value Improvement Value Tax Amount $3,020.08 Change Rate +0.004514% Assessed CR Tax Rate +0.0531%
Year 2019 Assessed Value $56,875 Land Value Improvement Value Tax Amount $3,006.51 Change Rate +1.114982% Assessed CR Tax Rate +0.052862%
Year 2018 Assessed Value $56,875 Land Value Improvement Value Tax Amount $1,421.53 Change Rate +0.008006% Assessed CR Tax Rate +0.024994%
Year 2017 Assessed Value $56,875 Land Value Improvement Value Tax Amount $1,410.24 Change Rate -0.243649% Assessed CR Tax Rate +0.024795%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,864.53 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $34,475 Land Value Improvement Value Tax Amount $1,864.53 Change Rate Assessed CR Tax Rate +0.054084%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,864.53 Change Rate Assessed CR Tax Rate