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Backup Offers

442 Hedgewood Dr, Chattanooga, TN, 37405

$100,000

Home List Price

$1,188*

Closing Credit

3 Bedrooms
2 Full Baths
1,635 SqFt
$61/SqFt
House
Schools Nearby

Location

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442 Hedgewood Dr, Chattanooga$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1930
HeatingNone
CoolingNone
MLS #1390771
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 442 Hedgewood Dr

Investment Opportunity: 442 Hedgewood Drive, Chattanooga, TNDiscover the potential at 442 Hedgewood Drive, nestled in the vibrant and growing area of Red Bank, Chattanooga, TN. This unique property is presented ''as is,'' offering an exceptional opportunity for real estate investors to capitalize on the thriving Chattanooga market. Whether you are looking to renovate the existing structure or envision a complete redevelopment, this property stands as a canvas ready for transformation.Key Features:Prime location in Red Bank, a suburb recognized for its burgeoning real estate market and community-oriented atmosphere.The property offers a versatile foundation for either a comprehensive renovation project or a complete rebuild, catering to the investor's strategy to optimize returns.Proximity to downtown Chattanooga and major transportation routes, enhancing tenant appeal and property value.Situated in a neighborhood with rising property values, suggesting a favorable trend for future investment growth.Investment Highlights:Value-Add Opportunity: With the property being sold ''as is,'' investors have a blank slate to implement a value-add strategy. Whether through modernizing the existing structure or constructing a new development, the potential for significant appreciation and ROI is substantial.Strategic Location: Red Bank's proximity to key attractions and the economic hub of Chattanooga positions this property as an attractive offering for both residential and possibly mixed-use developments, subject to zoning regulationThis property represents a rare opportunity to shape Chattanooga's skyline and community. Whether you're aiming to create a residential haven or explore mixed-use possibilities, 442 Hedgewood Drive offers the foundation for a lucrative investment. Act now to leverage this chance to build your legacy in Chattanooga's promising real estate landscape.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1930
  • Living Area: 1,635 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Red Bank High School, Public District Grades 9-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Red Bank Middle School, Public District Grades 6-8
  • Red Bank Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: West on 24north on 27right on dayton blvdleft on Hedgewood Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
  • Price Per SqFt: $61/SqFt

Tax Information:

  • Annual Amount: $1,323
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

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Chattanooga, TN

City

Med. Sold Price

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

442 Hedgewood Dr vs Chattanooga

9 DAYS ON ROCKET

-15 Days

$100,000

-$227.2K Less

$61/SqFt

-$133 Less

KEY TAKEAWAY

This property is $227.2K less than the Median Sold Price and $133/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1390771

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 6:15:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,323$26,250
2019$1,318$26,250
2017$1,264$26,250

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5787257
4
/10

  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5787258
3
/10

  • Red Bank Middle School

  • 3701 Tom Weathers La

  • 2.04 miles

  • Public District Grades 6-8

High School

school-card-donut-5787259
4
/10

  • Red Bank High School

  • 640 Morrison Springs Rd

  • 2.18 miles

  • Public District Grades 9-12

school-card-donut-5787260
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.22 miles

  • Public District Grades 6-12

school-card-donut-5787261
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.56 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,827. Most Chattanooga, TN residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 442 Hedgewood Dr

What is the listing price of this property?

The listing price of 442 Hedgewood Dr property is $100,000.

What type of property is this?

The property 442 Hedgewood Dr is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Accepting Backup Offers: 442 Hedgewood Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 442 Hedgewood Dr are:
Red Bank Elementary School: GreatSchools Rating 4/10
Red Bank Middle School: GreatSchools Rating 3/10
Red Bank High School: GreatSchools Rating 4/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
STEM School Chattanooga: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,323 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 442 Hedgewood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 442 Hedgewood Dr is 1,635 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 442 Hedgewood Dr is 1930.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›442 Hedgewood Dr

This home is located at 442 Hedgewood Dr in Chattanooga, TN and zip code 37405. This 1,635 square foot home, which was built in 1930, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $100,000.

In April 2024, from all listings sold in Chattanooga, TN there were more than 96 sold above asking price, over 140 sold below and more than 126 were sold right at the asked price. The number of homes for sale in Chattanooga, TN increased by 4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $327,210, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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