Large Location Icon

7020 Palermo Dr; Chattanooga, TN Property Details

7020 Palermo Dr, Chattanooga, TN is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 7020 Palermo Dr has 2 bathrooms, and a total of 2,798 square feet. The lot size of 7020 Palermo Dr is 32,550 square feet.

Off market
7020 Palermo Dr Chattanooga, TN 37421
$86,000 Estimated Value
2 Baths
2,798 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1964
  • Purchase Price: $210,000
  • Open Loans / Balance: 1 / $146,660
  • Est. Equity / %: $188,340 / 56.22%
  • Gross Yield: 9.073%
  • APN: 158D A 024
  • Situs County: Hamilton
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 2,798/SqFt
  • Lot: 32,550/SqFt
  • Living: 2,798/SqFt
  • Building: 2,798/SqFt
  • Price Per Square Foot: $75.05

Legal Description

  • Description: LOT 99 BLK 7 BELLA VISTA ACRES PB23 PG55
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: 35.0264 / -85.16665
  • Subdivision: Bella Vista Acres
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 111

Amenities

  • Plus Four: 5744
  • Cooling: Central
  • Heating: Central

Ownership Info

7020 Palermo Dr has no associated ownership info
7020 Palermo Dr has no associated ownership info.

Taxes

7020 Palermo Dr has 9 associated Taxes items

7020 Palermo Dr, 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 $86,000. The APN we've located for 7020 Palermo Dr is 158D A 024.

Unlock the full report
Taxes
  • Assessed Value:  $86,000
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  158D A 024
  • Market Land Value:  70000
  • Tax Amount:  1303.5
  • Tax Year:  2025
  • Market Value:  344000
  • Market Year:  2025

Tax History

7020 Palermo Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,000 Land Value Improvement Value Tax Amount $1,303.5 Change Rate +0.104493% Assessed CR Tax Rate +0.015157%
Year 2024 Assessed Value $52,750 Land Value Improvement Value Tax Amount $1,180.18 Change Rate Assessed CR Tax Rate +0.022373%
Year 2023 Assessed Value $52,750 Land Value Improvement Value Tax Amount $1,180.18 Change Rate Assessed CR Tax Rate +0.022373%
Year 2022 Assessed Value $52,750 Land Value Improvement Value Tax Amount $1,180.18 Change Rate -0.534302% Assessed CR Tax Rate +0.022373%
Year 2021 Assessed Value $52,750 Land Value Improvement Value Tax Amount $2,534.22 Change Rate +0.081535% Assessed CR Tax Rate +0.048042%
Year 2020 Assessed Value $43,450 Land Value Improvement Value Tax Amount $2,343.17 Change Rate +0.005825% Assessed CR Tax Rate +0.053928%
Year 2019 Assessed Value $43,450 Land Value Improvement Value Tax Amount $2,329.6 Change Rate +1.087736% Assessed CR Tax Rate +0.053616%
Year 2018 Assessed Value $43,450 Land Value Improvement Value Tax Amount $1,115.85 Change Rate +0.010221% Assessed CR Tax Rate +0.025681%
Year 2017 Assessed Value $43,450 Land Value Improvement Value Tax Amount $1,104.56 Change Rate -0.462454% Assessed CR Tax Rate +0.025421%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,054.82 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $38,225 Land Value Improvement Value Tax Amount $2,054.82 Change Rate Assessed CR Tax Rate +0.053756%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,054.82 Change Rate Assessed CR Tax Rate