Charming 2-Bedroom Bungalow in the Heart of Lookout Valley!
Don't miss this adorable 904 sq ft home nestled at the base of Lookout Mountain in the highly sought-after community of Lookout Valley. With 2 bedrooms and 1 bathroom, this home offers an open floor plan filled with natural light and a surprisingly spacious kitchen—perfect for entertaining or everyday living.
Enjoy peace of mind with updated plumbing and electrical (2011), a fully encapsulated crawl space with dehumidifier, and a roof that's just 2 years old. Step outside to a large deck—ideal for relaxing or hosting—while being just one block from the community center featuring a walking track and playground.
Conveniently located only 5 minutes to downtown Chattanooga, this gem offers both charm and convenience in a vibrant neighborhood setting.
Sold for $225,000
$225,000
40 Lilac Ave, Chattanooga, TN 37419
2beds
904sqft
Single Family Residence
Built in 1959
9,583.2 Square Feet Lot
$225,400 Zestimate®
$249/sqft
$1,253 Estimated rent
Home value
$225,400
$210,000 - $241,000
$1,253/mo
Zestimate® history
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$1,399/mo
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Zillow last checked:
Listing updated:
Listed by:
Elizabeth Bowden 423-580-8042,
Crye-Leike, REALTORS
Bought with:
Elizabeth Bowden, 345495
Crye-Leike, REALTORS
Source: Greater Chattanooga Realtors,MLS#: 1517479
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Disposal, Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer, Water Heater
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Crown Molding, Open Floorplan
- Flooring: Carpet, Laminate
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 904
- Total interior livable area: 904 sqft
- Finished area above ground: 904
Property
Parking
- Parking features: Concrete, Driveway
Accessibility
- Accessibility features: Accessible Central Living Area
Features
- Levels: One
- Patio & porch: Deck, Front Porch
- Exterior features: Rain Gutters, Storage
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 9,583 sqft
- Dimensions: 50 x 192.1
- Features: Back Yard, Level, Views
Details
- Additional structures: Storage
- Parcel number: 154g J 003.01
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Park, Playground
Location
- Region: Chattanooga
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $225,000$249/sqft |
Source: Greater Chattanooga Realtors #1517479 Report a problem | ||
| 8/7/2025 | Contingent | $225,000$249/sqft |
Source: Greater Chattanooga Realtors #1517479 Report a problem | ||
| 7/26/2025 | Listed for sale | $225,000$249/sqft |
Source: Greater Chattanooga Realtors #1517479 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $510 +9.8% | $33,625 +62% |
| 2024 | $464 | $20,750 |
| 2023 | $464 | $20,750 |
| 2022 | $464 | $20,750 |
| 2021 | $464 -8.3% | $20,750 +13.4% |
| 2020 | $506 | $18,300 |
| 2019 | $506 | $18,300 |
| 2018 | $506 -51.8% | $18,300 |
| 2017 | $1,049 +0% | $18,300 |
| 2016 | $1,049 | -- |
| 2015 | $1,049 | $18,400 |
| 2014 | $1,049 +321.4% | -- |
| 2013 | $249 | $8,950 -0.6% |
| 2012 | $249 | $9,000 |
| 2011 | $249 | $9,000 |
| 2010 | $249 | $9,000 |
| 2009 | $249 | $9,000 +16.5% |
| 2008 | -- | $7,725 |
| 2007 | -- | $7,725 |
| 2006 | -- | $7,725 |
| 2005 | -- | $7,725 |
Find assessor info on the county website
Neighborhood: 37419
Nearby schools
GreatSchools rating
- 7/10Lookout Valley Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Lookout Valley Middle / High SchoolGrades: 6-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Lookout Valley Elementary
- Middle: Lookout Valley Middle
- High: Lookout Valley High
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
$225,400
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
$225,400
- Tennessee
- Hamilton County
- Chattanooga
- 37419
- 40 Lilac Ave
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