Homes/Tennessee/Chattanooga/1055 North Orchard Knob Avenue
CompCasa Property Analysis · single_family

1055 North Orchard Knob Avenue

Renovated 1920s Ranch on Generous 0.23-Acre Highland Park Lot

Updated 3BR/2BA ranch with new systems and spacious yard, minutes to downtown

3 beds2 baths1,446 sq ftBuilt 19200.23 acresnone
CompCasa valuation analysis
Estimated market value
$265,000
Low $250,000 · Midpoint $265,000 · High $280,000
Confidence82%Sales comparison approach
Last recorded sale$90,000Apr 17, 2025
Assessed value$163,4002025 assessment
CompCasa estimate$265,000Mar 6, 2026
Estimate vs. last recorded sale+$175,000 / +194.4%
$250,000$265,000 midpoint$280,000
Price / sq ft$183
Median sale price$200,000
Avg days on market35 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $163,400 appears below market.

About the property

Renovated 1920s Ranch on Generous 0.23-Acre Highland Park Lot

A wide 75-foot frontage and an easy, level 0.23-acre lot set the tone for this thoughtfully renovated 1920s ranch in Highland Park. At 1,446 square feet, the home preserves its single-story practicality while introducing a string of modern upgrades: a refreshed kitchen with new cabinets and appliances, updated bathrooms, new flooring throughout, and essential systems replaced — including a new roof and central HVAC — so buyers can move in with confidence.

Inside, the layout feels purposeful. Three bedrooms and two full baths accommodate a household or small family without wasted square footage; a working fireplace anchors the living area and lends period character to the otherwise contemporary finishes. The updated kitchen reads clean and efficient, with streamlined cabinetry and room for everyday dining. New flooring flows through the main spaces, uniting the rooms with a calm, neutral palette that complements the home’s original proportions.

Outside, the broad, level yard is one of the property’s most compelling assets. The lot invites gardening, play, or an expansion project and retains a classic mid-block privacy while remaining just a short drive from downtown Chattanooga. Off-street parking is provided by a private driveway. Zoned R-1, the parcel also presents potential flexibility for accessory uses subject to local approvals.

Highland Park buyers will appreciate the location: under three miles to the Tennessee Aquarium, Coolidge Park and Walnut Street Bridge, about 2.5 miles to the University of Tennessee at Chattanooga, and roughly 1.5 miles from the Chattanooga Zoo. The neighborhood has seen steady appreciation and renewed demand from young professionals and families, making this renovated ranch a pragmatic primary home or an income property with a healthy rental market.

Valuation context: recent neighborhood comps and a sales-comparison approach place fair market value in the $250,000–$280,000 range (midpoint ~$265,000). With immediate systems upgrades and solid bones from its original construction, 1055 N. Orchard Knob Avenue offers a rare combination of move-in readiness and upside in a rapidly improving pocket of Chattanooga.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$189,900
Property address1039 N Orchard Knob Ave, Chattanooga, TN 37406
4 bed2 bath1,104 sq ftBuilt 19300.1 mi6,098 sq ft lot$172/SF
Sold Aug 15, 2025
Subject difference
  • 342 SF smaller
  • 1 additional bedroom
  • 3,802 SF smaller lot
  • 10 years newer
Research comparison noteSmaller square footage, similar age, additional bedroom
02Sold price$214,000
Property address1504 N Orchard Knob Ave, Chattanooga, TN 37406
3 bed2 bath1,193 sq ftBuilt 19300.3 mi7,065 sq ft lot$179/SF
Sold May 7, 2025
Subject difference
  • 253 SF smaller
  • 2,835 SF smaller lot
  • 10 years newer
Research comparison noteSimilar bedroom and bathroom count, slightly smaller lot
03Sold price$160,000
Property address1611 N Orchard Knob Ave, Chattanooga, TN 37406
3 bed2 bath1,190 sq ftBuilt 19300.5 mi7,250 sq ft lot$134/SF
Sold Sep 11, 2025
Subject difference
  • 256 SF smaller
  • 2,650 SF smaller lot
  • 10 years newer
Research comparison noteSimilar bedroom and bathroom count, smaller square footage
Comp methodology: Focused on ranch-style homes within 0.5 miles in Highland Park sold in last 6 months for maximum relevance
Property details

A 1920 ranch on 0.23 acres.

Building

Year built1920
ConstructionWood Frame
RoofShingle
Heatingcentral
Coolingcentral

Site & utilities

Lot size0.23 acres
Garagenone
Stories1
ConditionGood
BasementNone
FireplaceYes
Improvement notes3 bedrooms, 2 bathrooms, renovated kitchen with new cabinets and appliances, updated bathrooms, new flooring throughout, new roof, new HVAC system
Lot area9,900 sq ft
TopographyLevel
Frontage75 ft frontage on North Orchard Knob Avenue
ParkingDriveway
Parking spaces2
Parking notesOff-street parking available in driveway
AccessStandard residential driveway from North Orchard Knob Avenue
WaterMunicipal
SewerMunicipal
ElectricEPB
GasChattanooga Gas
Location & nearby

Highland Park

Researched nearby locations

University of Tennessee at Chattanooga (2.5 mi)
Tennessee Aquarium (3 mi)
Coolidge Park (3.2 mi)
Walnut Street Bridge (3.1 mi)
Chattanooga Zoo (1.5 mi)

Location

1055 North Orchard Knob Avenue, Chattanooga, TN 37406

View in Google Maps
Editorial neighborhood context

Highland Park is an improving, close-in Chattanooga neighborhood that has attracted young professionals and families with its mix of historic homes and practical proximity to downtown. Median values in the area rose about 15% from 2020–2025 as buyers prioritized walkable pockets and short commutes to cultural attractions. The community provides convenient access to the riverfront, parks, the Chattanooga Zoo, and UTC while retaining a neighborhood feel and modest lots suitable for outdoor living and small expansions.

Nearby access summary

Very good access to outdoor amenities: riverfront parks, Coolidge Park, and the Walnut Street Bridge are all within about 3 miles, the Chattanooga Zoo is roughly 1.5 miles away, and downtown trails and greenways provide everyday walking and biking options.

ElementaryOrchard Knob Elementary School (3/10)
Middle schoolOrchard Knob Middle School (3/10)
High schoolBrainerd High School (3/10)
School districtHamilton County Schools
Market context

A factual market snapshot around 1055 North Orchard Knob Avenue.

Median sale price$200,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation15.0%
Editorial market perspective

Highland Park currently sits in a market that leans slightly in favor of sellers while remaining largely balanced. Inventory is tight at about 2.5 months — below the 4-month threshold that usually signals strong seller control — and homes in the area average roughly 35 days on market. Median sale prices in the broader area are near $200,000, and Highland Park has recorded roughly 15% appreciation from 2020–2025. Single-family ranches like this one are in steady demand from buyers seeking proximity to downtown attractions and easy commutes to UTC.

Recent comparable sales within a half-mile range from $160K to $214K show broad buyer interest at multiple price tiers; because this property has been fully renovated and includes new mechanicals and roof, an adjusted valuation estimate centers near $265,000. For buyers, that means purchasing an updated home with reduced near-term capital expenses in a neighborhood where supply is limited and turnover is moderate. For investors, the local rental comparables support estimated monthly rents around $1,500–$1,700, producing a solid gross yield for a renovated single-family rental in Highland Park.

Zoning & land use

Single-Family Residential

Zoning

Zoning codeR-1
DescriptionSingle-Family Residential
JurisdictionCity of Chattanooga
Assessor useSingle-Family Residential
Current useResidential
SetbacksFront 25', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$23,000
Assessed improvements$140,400
Total assessed$163,400
Assessment year2025
Annual property tax$1,007
Tax year2025

Sale history

2025-04-17$90,000 · $62/SF
2024-04-22$83,750 · $58/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,500/mo
Property address1011 N Orchard Knob Ave, Chattanooga, TN 37406
3 bed2 bath1,162 sq ft$1.29/SF
Leased Aug 1, 2025
Subject difference
  • 284 SF smaller
Research comparison noteSimilar size and bedroom count, recently renovated
02Monthly rent$1,600/mo
Property address1053 N Orchard Knob Ave, Chattanooga, TN 37406
3 bed2 bath1,232 sq ft$1.3/SF
Leased Jul 15, 2025
Subject difference
  • 214 SF smaller
Research comparison noteSimilar size and bedroom count, updated interior
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • County assessor shows 2025 purchase at $90,000 ($62/SF) — current estimate $265,000 ($183/SF)
  • Assessed value $163,400 (land $23K, improvements $140.4K) — annual taxes $1,007
  • Zoned R-1 — single-family residential with potential for accessory dwelling unit
  • 3 comparable sales within 0.5 miles in last 6 months range $189,900–$214,000
  • Average days on market in Highland Park: 35 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Assess condition of major systems despite recent updates
  • Professional home inspection
  • Review local school ratings and alternative options
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • 1,446 SF single-story ranch layout
  • Renovated kitchen with new cabinets and appliances
  • Updated bathrooms
  • New flooring throughout
  • Working fireplace
  • Central heating and central cooling (new HVAC)

Exterior & Lot

  • 0.23-acre level lot with 75 ft frontage
  • Off-street parking in private driveway (approx. 2 spaces)
  • New shingle roof
  • Wood-frame construction
  • Zoned R-1 (single-family; accessory dwelling unit possible subject to approvals)

Location & Neighborhood

  • Highland Park neighborhood — growing demand from young professionals and families
  • Approx. 2.5 miles to University of Tennessee at Chattanooga
  • Approx. 3 miles to Tennessee Aquarium and downtown riverfront attractions
  • About 1.5 miles to Chattanooga Zoo
  • Quick access to Coolidge Park and Walnut Street Bridge

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities and short drives to daily needs
  • Nearby parks and green spaces (Tennessee Riverfront, Coolidge Park)
  • Chattanooga Zoo within ~1.5 miles
  • Riverfront attractions and pedestrian paths within ~3 miles
  • Community access to downtown cultural sites and trails
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Hamilton County Property Assessor Record for 1055 N Orchard Knob AveView source
2
Coldwell Banker Listing for 1055 N Orchard Knob AveView source
3
Realtor.com Listing for 1011 N Orchard Knob AveView source
4
Compass Listing for 1039 N Orchard Knob AveView source
5
Compass Listing for 1504 N Orchard Knob AveView source
6
Compass Listing for 1611 N Orchard Knob AveView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.