Seller's Agent in 2025
Teresa Groves
Real Estate Partners Chattanooga LLC
(423) 364-1834
1 in this area
87 Total Sales
501 Lancaster Ave Chattanooga, TN 37415
3
Beds
4
Baths
2,030
Sq Ft
0.85
Acres
Highlights
- 0.85 Acre Lot
- Home Office
- Porch
- No HOA
- Formal Dining Room
- 2 Car Attached Garage
About This Home
As of July 2025Home 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.
Last Agent to Sell the Property
Real Estate Partners Chattanooga LLC License #333027 Listed on: 07/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,187
Year Built
- Built in 1974
Lot Details
- 0.85 Acre Lot
- Lot Dimensions are 243 x 153
- Partially Fenced Property
- Aluminum or Metal Fence
- Sloped Lot
Parking
- 2 Car Attached Garage
- Side Facing Garage
Home Design
- Split Foyer
- Split Level Home
- Fixer Upper
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
- Vinyl Siding
- Block And Beam Construction
Interior Spaces
- 1-Story Property
- Family Room
- Formal Dining Room
- Home Office
- Basement
- Fireplace in Basement
- Storage In Attic
- Storm Windows
- Laundry in Garage
Kitchen
- Eat-In Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Brownview Subdivision
Listing and Financial Details
- Probate Listing
- Home warranty included in the sale of the property
- Assessor Parcel Number 117e E 024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2025
Closed on
Jul 3, 2025
Sold by
Grant John M and Grant Susan L
Bought by
Holmes Daniel E
Seller's Agent
Teresa Groves
Real Estate Partners Chattanooga LLC
Buyer's Agent
Desiree Tombul
Real Estate Partners Chattanooga LLC
List Price
$255,000
Sold Price
$255,000
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,777
Avg. Annual Appreciation
6.78%
Original Mortgage
$216,750
Outstanding Balance
$216,384
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$45,393
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | Title Guaranty & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2025 07/05/25 | Sold | $255,000 | 0.0% | $126 / Sq Ft |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 07/05/2025 07/05/25 | For Sale | $255,000 | -- | $126 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | $1,102 | $49,275 | $0 | $0 |
| 2023 | $1,995 | $49,275 | $0 | $0 |
| 2022 | $1,684 | $49,275 | $0 | $0 |
| 2021 | $1,876 | $49,275 | $0 | $0 |
| 2020 | $1,796 | $37,725 | $0 | $0 |
| 2019 | $1,796 | $37,725 | $0 | $0 |
| 2018 | $1,796 | $37,725 | $0 | $0 |
| 2017 | $1,717 | $37,725 | $0 | $0 |
| 2016 | $1,694 | $0 | $0 | $0 |
| 2015 | $1,694 | $35,625 | $0 | $0 |
| 2014 | $1,694 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Groves
-
Desiree Tombul
Buyer's Agent in 2025
Desiree Tombul
Real Estate Partners Chattanooga LLC
(423) 598-2192
9 in this area
226 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1516119
APN: 117E-E-024
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