408 Chestnut St La Fayette, GA 30728
Estimated payment $863/month
Highlights
- Wood Flooring
- Front Porch
- Laundry closet
- No HOA
- Cooling Available
- Outdoor Storage
About This Home
This 3-bedroom, 2-bath home in Lafayette, set on a 0.34 acre lot, is a prime investment opportunity. Rent will be $1,500 in monthly rent starting December 1st. This property comes with a long-term tenant in place on a month to month tenancy previously at $1395 per month. Enjoy steady rental income with minimal hassle, making this a perfect addition to your portfolio. Don't miss out on this chance to invest in a property with stable returns! Please do not disturb tenant.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,196
Year Built
- Built in 1940
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 90x150
- Level Lot
Parking
- Off-Street Parking
Home Design
- Block Foundation
- Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,372 Sq Ft Home
- 1-Story Property
- Laundry closet
Kitchen
- Electric Oven
- Electric Cooktop
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Outdoor Storage
- Front Porch
Schools
- Gilbert Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Cooling Available
- Heating Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1037 131
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,196 | $50,225 | $6,000 | $44,225 |
| 2023 | $1,173 | $47,796 | $6,000 | $41,796 |
| 2022 | $638 | $24,235 | $4,608 | $19,627 |
| 2021 | $561 | $21,638 | $3,240 | $18,398 |
| 2020 | $591 | $19,279 | $3,240 | $16,039 |
| 2019 | $592 | $19,279 | $3,240 | $16,039 |
| 2018 | $574 | $19,279 | $3,240 | $16,039 |
| 2017 | $641 | $19,279 | $3,240 | $16,039 |
| 2016 | $1 | $9,692 | $3,240 | $6,452 |
| 2015 | $1 | $16,586 | $3,240 | $13,346 |
| 2014 | $406 | $16,566 | $3,240 | $13,326 |
| 2013 | -- | $16,566 | $3,240 | $13,326 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2025 11/29/25 | Price Changed | $145,000 | -6.5% | $106 / Sq Ft |
| 10/29/2025 10/29/25 | For Sale | $155,000 | -- | $113 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,750 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $20,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $62,163 | New Conventional |
Source: Greater Chattanooga REALTORS®
MLS Number: 1523071
APN: 1037-131
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