Lease with Option - No Loan Required - Welcome to 4505 Locksly Lane, a spacious and beautifully maintained rental home located in a quiet, established neighborhood in Chattanooga, TN. This impressive 4-bedroom, 3-bathroom residence offers plenty of room to spread out with a full finished basement, ideal for a second living area, guest suite, or home office. Step inside to discover a bright and open floor plan, featuring a large living room, updated kitchen, and ample natural light throughout. Each bedroom is generously sized, with great closet space, while the three full bathrooms provide convenience and comfort for a growing family or roommate setup. Enjoy the outdoors with a private backyard, perfect for relaxing or entertaining. Conveniently located near schools, shopping, restaurants, and major highways, this home combines comfort, space, and location. Schedule your tour today—this rental won't last long!
Sold for $320,000
$320,000
4505 Locksley Ln, Chattanooga, TN 37416
4beds
2,291sqft
Single Family Residence
Built in 1960
0.45 Acres Lot
$321,600 Zestimate®
$140/sqft
$2,378 Estimated rent
Home value
$321,600
$299,000 - $344,000
$2,378/mo
Zestimate® history
Owner options
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$2,378/mo
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$2,378/mo
Rent Zestimate®
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$1,847/mo
Est. payment
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$1,847/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dustin Sherlin 423-595-1284,
Realty One Group Experts
Bought with:
Dustin Sherlin, 300012
Realty One Group Experts
Source: Greater Chattanooga Realtors,MLS#: 1518186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Basement
Bathroom
- Description: Full Bathroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: Basement
Dining room
- Level: First
Family room
- Level: Basement
Laundry
- Level: Basement
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Microwave
Features
- Eat-in Kitchen, Open Floorplan, Primary Downstairs, Walk-In Closet(s), Tub/shower Combo, En Suite
- Flooring: Tile, Vinyl, Engineered Hardwood
- Windows: Aluminum Frames
- Basement: Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Den, Family Room, Wood Burning
Interior area
- Total structure area: 2,291
- Total interior livable area: 2,291 sqft
- Finished area above ground: 2,423
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Garage Faces Front, Kitchen Level
- Attached garage spaces: 2
Features
- Levels: Multi/Split,One
- Stories: 1
- Exterior features: Other
- Fencing: Fenced
Lot
- Size: 0.45 Acres
- Dimensions: 100 x 200
- Features: Gentle Sloping, Level, Sloped
Details
- Parcel number: 129a E 021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Chattanooga
- Subdivision: Murray Hills
Other
Other facts
- Listing terms: Cash,Conventional,Lease Option,Lease Purchase
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Listed for rent | $2,100+6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2025 | Sold | $320,000$140/sqft |
Source: Greater Chattanooga Realtors #1518186 Report a problem | ||
| 9/2/2025 | Listing removed | $1,975$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2025 | Listed for sale | $320,000+1.6%$140/sqft |
Source: Greater Chattanooga Realtors #1518186 Report a problem | ||
| 7/25/2025 | Listed for rent | $1,975+295%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Listing removed | $315,000$137/sqft |
Source: Greater Chattanooga Realtors #1513686 Report a problem | ||
| 5/28/2025 | Listed for sale | $315,000+10.5%$137/sqft |
Source: Greater Chattanooga Realtors #1513686 Report a problem | ||
| 10/10/2022 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1360425 Report a problem | ||
| 8/25/2022 | Price change | $285,000-12.3%$124/sqft |
Source: Greater Chattanooga Realtors #1360425 Report a problem | ||
| 8/11/2022 | Listed for sale | $325,000+148.1%$142/sqft |
Source: Greater Chattanooga Realtors #1360425 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/25/2020 | Listing removed | $500 |
Source: Owner Report a problem | ||
| 3/25/2020 | Price change | $500-28.6% |
Source: Owner Report a problem | ||
| 1/22/2020 | Listed for rent | $700+16.7% |
Source: Owner Report a problem | ||
| 10/20/2019 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 9/23/2019 | Price change | $600+33.3% |
Source: Owner Report a problem | ||
| 9/19/2019 | Listed for rent | $450-70% |
Source: Owner Report a problem | ||
| 12/15/2018 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 11/13/2018 | Listed for rent | $1,500+30.4%$1/sqft |
Source: Owner Report a problem | ||
| 12/14/2017 | Listing removed | $1,150$1/sqft |
Source: Owner Report a problem | ||
| 12/7/2017 | Price change | $1,150-11.2%$1/sqft |
Source: Owner Report a problem | ||
| 11/22/2017 | Listed for rent | $1,295$1/sqft |
Source: Owner Report a problem | ||
| 11/17/2016 | Listing removed | $131,000$57/sqft |
Source: Keller Williams - Chattanooga - East Brainerd #1248661 Report a problem | ||
| 7/1/2016 | Listed for sale | $131,000+33.1%$57/sqft |
Source: Keller Williams - Chattanooga - East Brainerd #1248661 Report a problem | ||
| 5/2/2001 | Sold | $98,400$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,029 -12.3% | $67,900 +29.4% |
| 2024 | $1,174 | $52,475 |
| 2023 | $1,174 | $52,475 |
| 2022 | $1,174 | $52,475 |
| 2021 | $1,174 +18.5% | $52,475 +46.5% |
| 2020 | $991 | $35,825 |
| 2019 | $991 | $35,825 |
| 2018 | $991 -48.7% | $35,825 |
| 2017 | $1,933 +14.8% | $35,825 |
| 2016 | $1,684 | -- |
| 2015 | $1,684 | $30,925 |
| 2014 | $1,684 -5% | -- |
| 2013 | $1,773 | $30,925 -11.5% |
| 2012 | $1,773 | $34,950 |
| 2011 | $1,773 | $34,950 |
| 2010 | $1,773 +7.9% | $34,950 |
| 2009 | $1,644 | $34,950 +10.9% |
| 2008 | -- | $31,525 |
| 2007 | -- | $31,525 |
| 2006 | -- | $31,525 |
| 2005 | -- | $31,525 +29.9% |
| 2004 | -- | $24,275 |
| 2003 | -- | $24,275 |
| 2002 | -- | $24,275 |
| 2001 | -- | $24,275 +23.2% |
| 2000 | -- | $19,700 |
Find assessor info on the county website
Neighborhood: Murray Hills
Nearby schools
GreatSchools rating
- 2/10Harrison Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 5/10Brown Middle SchoolGrades: 6-8Distance: 3.9 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Hillcrest Elementary
- Middle: Brown Middle
- High: Central 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
$321,600
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
$321,600
- Tennessee
- Hamilton County
- Chattanooga
- 37416
- Murray Hills
- 4505 Locksley Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
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