For sale

$220,000

504 Lullwater Rd, Chattanooga, TN 37405

3beds

1,008sqft

$1,299/mo

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Single Family Residence

Built in 1959

0.26 Acres Lot

$212,900 Zestimate^®

$218/sqft

$-- HOA

What's special

Charming single-level homeSpacious level lotBright kitchen

Opportunity for an investment property or a cozy home conveniently located in the desirable North Chattanooga/Red Bank area just minutes from Downtown Chattanooga, Signal Mountain Boulevard, shopping, dining, and outdoor recreation. This charming single-level home offers 3 bedrooms, 1 bathroom, situated on a spacious, level lot. The large backyard provides ample room for outdoor activities, gardening, pets, or future improvements. Inside, you'll find a functional floor plan with comfortable living spaces, a bright kitchen, and a versatile sunroom that can serve as a home office, hobby room, or relaxing retreat. The home's convenient location offers easy access to major roads, schools, parks, and Chattanooga's vibrant downtown amenities. Whether you're a first-time homebuyer, downsizing, or looking for an affordable home in a highly convenient location, this property presents an excellent opportunity.

36 days

557

28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Free-Standing Refrigerator, Microwave

Features

Tub/shower Combo
Flooring: Carpet, Hardwood, Luxury Vinyl
Windows: Aluminum Frames
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,008
Total interior livable area: 1,008 sqft
Finished area above ground: 1,008

Property

Parking

Parking features: Concrete, Driveway

Features

Levels: One
Stories: 1
Exterior features: Private Yard
Fencing: Chain Link,Wood

Lot

Size: 0.26 Acres
Dimensions: 75 x 152

Details

Additional structures: Shed(s)
Parcel number: 126c B 029

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Rustic Village

HOA

Has HOA: No

Location

Region: Chattanooga

Financial & listing details

Price per square foot: $218/sqft
Tax assessed value: $219,700
Annual tax amount: $1,632
Date on market: 6/23/2026
Listing terms: Cash,Conventional
Inclusions: 2 sheds on the property will remain. Condition is unknown.

Estimated market value

$212,900

$202,000 - $224,000

$1,734/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$220,000+175%$218/sqft
Source: Greater Chattanooga Realtors #1537363 Report a problem
2/7/2019	Sold	$80,000+129.2%$79/sqft
Source: Public Record Report a problem
10/11/2018	Listing removed	$925$1/sqft
Source: Greyhaven Realty Management Co Report a problem
10/4/2018	Price change	$925-15.5%$1/sqft
Source: Greyhaven Realty Management Co Report a problem
9/12/2018	Listed for rent	$1,095$1/sqft
Source: Greyhaven Realty Management Co Report a problem
4/10/2013	Sold	$34,900$35/sqft
Source: Greater Chattanooga Realtors #1188769 Report a problem
3/19/2013	Pending sale	$34,900$35/sqft
Source: Investor Real Estate Services, LP #1188769 Report a problem
2/25/2013	Price change	$34,900-12.7%$35/sqft
Source: Investor Real Estate Services, LP #1188769 Report a problem
12/23/2012	Listed for sale	$39,999-12.5%$40/sqft
Source: FreedomSoft LLLP Report a problem
11/12/2012	Sold	$45,700-41.4%$45/sqft
Source: Public Record Report a problem
9/26/2012	Listed for sale	$78,000$77/sqft
Source: RE/MAX Properties North #1184705 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,633 +16.2%	$54,925 +87.8%
2024	$1,405	$29,250
2023	$1,405 +16.3%	$29,250
2022	$1,208 +84.6%	$29,250
2021	$654 -4.8%	$29,250 +17.7%
2020	$687	$24,850
2019	$687	$24,850
2018	$687 -45.5%	$24,850
2017	$1,261 +24.3%	$24,850
2016	$1,014	--
2015	$1,014	$19,100
2014	$1,014 -2.9%	--
2013	$1,044	$19,100 -7.2%
2012	$1,044	$20,575
2011	$1,044	$20,575
2010	$1,044 +7.9%	$20,575
2009	$968	$20,575 +18.9%
2008	--	$17,300
2007	--	$17,300
2006	--	$17,300
2005	--	$17,300 +14.6%
2004	--	$15,100
2003	--	$15,100
2002	--	$15,100
2001	--	$15,100 +21.5%
2000	--	$12,425

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 37405

Getting around

10 / 100

Car-Dependent

0 / 100

No Nearby Transit

7 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Red Bank Elementary School
Grades: PK-5Distance: 1.3 mi
5/10
Red Bank Middle School
Grades: 6-8Distance: 2.1 mi
5/10
Red Bank High School
Grades: 9-12Distance: 2.2 mi

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.