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Sold for $255,000
  • $255,000

    501 Lancaster Ave, Chattanooga, TN 37415

    3beds
    2,030sqft
    Single Family Residence
    Built in 1974
    0.85 Acres Lot
    $349,700 Zestimate®
    $126/sqft
    $2,535 Estimated rent

    Home value

    $349,700

    $332,000 - $367,000

    $2,535/mo

    Zestimate® history
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    What's special

    Home located in Red Bank. It is a split foyer home with 3 bedrooms, 2 bathrooms upstairs. The kitchen, dining room, and family room are upstairs. The downstairs has a den, study and half bath.

    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa Groves 423-364-1834,

    Real Estate Partners Chattanooga LLC

    Bought with:

    Desiree D Tombul, 319013

    Real Estate Partners Chattanooga LLC

    Source: Greater Chattanooga Realtors,MLS#: 1516119

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Level: First
    Bathroom
    • Level: First
    Bathroom
    • Level: Basement
    Den
    • Level: Basement
    Dining room
    • Level: First
    Family room
    • Level: First
    Kitchen
    • Level: First
    Office
    • Level: Basement
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
    • Laundry: In Garage
    Features
    • Eat-in Kitchen, Laminate Counters, Tub/shower Combo, Separate Dining Room
    • Flooring: Carpet, Vinyl
    • Windows: Storm Window(s)
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Basement
    Interior area
    • Total structure area: 2,030
    • Total interior livable area: 2,030 sqft
    • Finished area above ground: 1,369
    • Finished area below ground: 661

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Exterior features: Lighting
    • Spa features: None
    • Fencing: Partial,Aluminum
    Lot
    • Size: 0.85 Acres
    • Dimensions: 243 x 153
    • Features: Sloped
    Details
    • Parcel number: 117e E 024
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Level
    • Property subtype: Single Family Residence
    Materials
    • Block, Brick, Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Fixer
    • New construction: No
    • Year built: 1974
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Chattanooga
    • Subdivision: Brownview

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/12/2026Listing removed$2,700$1/sqft
    Source: Zillow Rentals Report a problem
    2/28/2026Price change$354,000-0.3%$174/sqft
    Source: Greater Chattanooga Realtors #1526759 Report a problem
    1/17/2026Price change$2,700-3.6%$1/sqft
    Source: Zillow Rentals Report a problem
    1/16/2026Listed for sale$355,000+39.2%$175/sqft
    Source: Greater Chattanooga Realtors #1526759 Report a problem
    11/25/2025Listed for rent$2,800$1/sqft
    Source: Zillow Rentals Report a problem
    7/5/2025Sold$255,000$126/sqft
    Source: Greater Chattanooga Realtors #1516119 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,446 +11.8%$87,500 +77.6%
    2024$2,187 $49,275
    2023$2,187 +16.6%$49,275
    2022$1,876 +70.2%$49,275
    2021$1,102 +5.7%$49,275 +30.6%
    2020$1,043 $37,725
    2019$1,043 $37,725
    2018$1,043 -41.9%$37,725
    2017$1,796 +6%$37,725
    2016$1,694 --
    2015$1,694 $35,625
    2014$1,694 -8%--
    2013$1,842 $35,625 -1.9%
    2012$1,842 $36,300
    2011$1,842 $36,300
    2010$1,842 +7.9%$36,300
    2009$1,708 $36,300 +18%
    2008-- $30,775
    2007-- $30,775
    2006-- $30,775
    2005-- $30,775 +14.6%
    2004-- $26,850
    2003-- $26,850
    2002-- $26,850
    2001-- $26,850 +19.5%
    2000-- $22,475

    Find assessor info on the county website

    Neighborhood: 37415

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Red Bank Elementary
    • Middle: Red Bank Middle
    • High: Red Bank High School

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $349,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $349,700