4 months on rocket

516 Hedgewood Dr, Chattanooga, TN, 37405

$359,900

Home List Price

$4,274*

Closing Credit

4 Bedrooms
3 Full Baths
1,754 SqFt
$205/SqFt
House
Schools Nearby

Location

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516 Hedgewood Dr, Chattanooga$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street Parking
Year Built1942
HeatingCentral
CoolingCentral Air
BasementYes
MLS #1383828
Lot Size0.31 Acres
StatusActive

About 516 Hedgewood Dr

Beautifully renovated and move in ready. This four bedroom, three bath home sits on one level. The interior has been completely repainted; new concrete driveway; new replacement windows; new exterior front door; new flooring throughout; new master bathroom shower/bathtub; new vanities and plumbing fixtures; new granite kitchen countertops; new tile backsplash; new interior doors; and new lighting throughout, Oversized unfinished basement would be a perfect workshop. Home warranty included. Owner/Agent. Lot has been subdivided. .31 acres convey with this home.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1942
  • Living Area: 1,754 SqFt

Listing Office:

  • Office Name: Crye-Leike, REALTORS

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio/Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: From TN-27 take Dayton Blvd/Red Bank exit, turn left at second light onto Hedgewood Dr. House is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $1,551
  • 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

$325.3K

Med. Price/SqFt

$192

Avg. Days On Market

39

# of Sold Homes

388

516 Hedgewood Dr vs Chattanooga

141 DAYS ON ROCKET

+102 Days

$359,900

+$34.5K More

$205/SqFt

+$13 More

KEY TAKEAWAY

This property is $34.5K more than the Median Sold Price and $13/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1383828

Listing Office:

  • Office Name: Crye-Leike, REALTORS

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: 4/27/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 2015Home Sold
$115,500
Jun 22, 2005Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,551$31,750
2019$1,547$31,750
2017$1,481$31,750

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-1029189
4
/10

  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 1.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1029190
3
/10

  • Red Bank Middle School

  • 3701 Tom Weathers La

  • 1.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1029191
4
/10

  • Red Bank High School

  • 640 Morrison Springs Rd

  • 2.04 miles

  • Public District Grades 9-12

school-card-donut-1029192
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.36 miles

  • Public District Grades 6-12

school-card-donut-1029193
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.54 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. The majority of Chattanooga, TN residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Hedgewood Dr

What is the listing price of this property?

The listing price of 516 Hedgewood Dr property is $359,900.

What type of property is this?

The property 516 Hedgewood Dr is a house located in Chattanooga, Tennessee, 37405.

Is this property for sale now?

Active Listing: 516 Hedgewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 516 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 $1,551 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 10, 2015 for $115,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Hedgewood Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 516 Hedgewood Dr is 1,754 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Hedgewood Dr is 1942.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37405›516 Hedgewood Dr

This home is located at 516 Hedgewood Dr in Chattanooga, TN and zip code 37405. This 1,754 square foot home, which was built in 1942, sits on a 0.31 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $359,900.

While more than 81 listings in Chattanooga, TN in March 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 199 were sold below. The inventory of homes for sale in Chattanooga, TN between February 2024 and March 2024 increased by 8.1%. In March 2024 median list price was $325,305 and the average listing age was 39 days.

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

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